Studio · 418 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

705, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 31 October 2026
Last soldAED 370K12 January 2020
Current rentAED 55K /yr31 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Marina Diamond Tower 2

What is 705 worth today?

Last sold for AED 370,000 in 2020

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31 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 132 per sqft
26 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 156 per sqft
25 Jan 2025RentedRenewal
AED 58,000/yr12 months · AED 142 per sqft
24 Jan 2024RentedRenewal
AED 51,861/yr12 months · AED 127 per sqft
25 Jan 2023RentedRenewal
AED 44,000/yr12 months · AED 108 per sqft
25 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
25 Jan 2021RentedRenewal
AED 32,000/yr12 months · AED 78 per sqft
25 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 31 October 2026.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
7th of 15
Parking
42 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 370K · January 2020

About 705, Marina Diamond Tower 2

705 is a studio of 418 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 12 January 2020 for AED 370,000, or AED 885 per sqft, 22% below the AED 1,141 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 31 October 2026, is AED 55,000 a year: a gross yield of 14.9% on the 2020 price, before the service charge of about AED 7,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000; 2026 AED 650,000Sold by developer, September 2013: AED 301,299 (AED 720 per sqft)Sold, January 2020: AED 370,000 (AED 885 per sqft)

705 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 705, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 31,000; 2021 AED 31,625; 2022 AED 38,000; 2023 AED 45,540; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 54,000New contract, January 2020: AED 40,000 a yearRenewal, January 2021: AED 32,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 44,000 a yearRenewal, January 2024: AED 51,861 a yearRenewal, January 2025: AED 58,000 a yearNew contract, January 2026: AED 65,000 a yearNew contract, October 2026: AED 55,000 a year

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

Studios in Marina Diamond Tower 2, and where 705 sits

All 87 studios →

705 last sold in January 2020 at AED 885 per sqft, 22% below what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,141). Over the last 12 months studios sold for AED 650,000 to 700,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 705's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026650,000
11 Mar 2026700,000
6 Jan 2026650,000
30 Jul 2025700,000
3 studio 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
7032-bedAED 1.2M · Mar 2017
7041-bedAED 446K · Jul 2008
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
708StudioAED 690K · Jun 2014
1–7 of 17

705, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 26 September 2013 for AED 301,299, last on 12 January 2020 for AED 370,000 (AED 885 per sqft).
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 32,000 in 2021 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2020 price is 14.9%, before a service charge of about AED 7,700 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 31 October 2026.

Questions about 705, Marina Diamond Tower 2

What did unit 705 last sell for?

AED 370,000 on 12 January 2020: AED 885 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 301,299 in September 2013.

What is the rent for unit 705?

AED 55,000 a year on the contract signed on 31 October 2026. The previous contract, from January 2026, was AED 65,000; the unit has been rented since January 2020.

How big is unit 705?

418 sqft (38.8 sqm): a studio on the 7th floor of a 15-storey tower completed in 2007.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 700,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 705, Marina Diamond Tower 2

Starts from the last sale price (AED 370K, 12 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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