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2-bed · 963 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

703, Marina Diamond Tower 2

Sold prices and rental history: sold 4 times, last in March 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 1.2M23 March 2017
Current rentAED 58K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Marina Diamond Tower 2

What is 703 worth today?

Last sold for AED 1,200,000 in 2017

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15 Jul 2020RentedNew contract
AED 58,000/yr12 months · AED 61 per sqft
23 Mar 2017SoldReady
AED 1,200,000AED 1,246 per sqft
1 May 2015RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
28 May 2014SoldReady
AED 1,350,000AED 1,401 per sqft
2 Oct 2013SoldReady
AED 1,100,000AED 1,142 per sqft
7 Oct 2008Sold by developerReady
AED 589,540AED 612 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
7th of 15
Parking
74 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 1.2M · March 2017
Building
Marina Diamond Tower 2

About 703, Marina Diamond Tower 2

703 is a two-bedroom apartment of 963 sqft on the 7th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 23 March 2017 for AED 1,200,000, or AED 1,246 per sqft, 16% above the AED 1,073 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 July 2020, is AED 58,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 17,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Marina Diamond Tower 2
500K1M2008201320182023Typical sale price by year: 2008 AED 610,457; 2009 AED 614,905; 2010 AED 722,500; 2011 AED 644,236; 2012 AED 670,000; 2013 AED 920,000; 2014 AED 1,250,000; 2015 AED 1,030,000; 2016 AED 962,500; 2017 AED 1,062,500; 2018 AED 850,000; 2019 AED 760,000; 2021 AED 750,000; 2023 AED 925,000; 2024 AED 1,075,000; 2025 AED 1,250,000Sold by developer, October 2008: AED 589,540 (AED 612 per sqft)Sold, October 2013: AED 1,100,000 (AED 1,142 per sqft)Sold, May 2014: AED 1,350,000 (AED 1,401 per sqft)Sold, March 2017: AED 1,200,000 (AED 1,246 per sqft)

703 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Marina Diamond Tower 2
50K75K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 65,000; 2013 AED 70,000; 2014 AED 90,000; 2015 AED 100,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,500; 2019 AED 65,000; 2020 AED 58,000; 2021 AED 52,000; 2022 AED 66,800; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 93,500New contract, May 2015: AED 70,000 a yearNew contract, July 2020: AED 58,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Diamond Tower 2, and where 703 sits

All 60 2-beds →

703 last sold in March 2017 at AED 1,246 per sqft, 16% above what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,073). 703's AED 58,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20251,330,000
18 Sep 20251,100,000
9 Sep 20251,257,068
3 Sep 20251,295,527
0 2-bed sales in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 9.6%
Typical sale
AED 853K
Typical rent
AED 64K /yr
Typical yield
7.3%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 276 units in Marina Diamond Tower 2
Value
7012-bedAED 1.26M · Sep 2025
702StudioAED 269K · Jun 2008
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
708StudioAED 690K · Jun 2014
1–7 of 17

703, Marina Diamond Tower 2 in numbers

  • Sold 4 times: first on 7 October 2008 for AED 589,540, last on 23 March 2017 for AED 1,200,000 (AED 1,246 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 70,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 15 July 2020.

Questions about 703, Marina Diamond Tower 2

What did unit 703 last sell for?

AED 1,200,000 on 23 March 2017: AED 1,246 per sqft for 963 sqft. The unit has 4 registered sales; the first was AED 589,540 in October 2008.

What is the rent for unit 703?

AED 58,000 a year on the contract signed on 15 July 2020. The previous contract, from May 2015, was AED 70,000.

How big is unit 703?

963 sqft (89.5 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2007.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 703, Marina Diamond Tower 2

Starts from the last sale price (AED 1.2M, 23 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →