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1-bed · 572 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

706, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in February 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 775K25 February 2016
Current rentAED 68K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Marina Diamond Tower 2

What is 706 worth today?

Last sold for AED 775,000 in 2016

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7 Feb 2024RentedNew contract
AED 68,000/yr12 months · AED 119 per sqft
14 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft
1 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 63 per sqft
23 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
10 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
5 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 131 per sqft
25 Feb 2016SoldReady
AED 775,000AED 1,354 per sqft
1 Feb 2014RentedNew contract
AED 65,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
7th of 15
Parking
76 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,500 /yr
Last sold
AED 775K · February 2016
Building
Marina Diamond Tower 2

About 706, Marina Diamond Tower 2

706 is a one-bedroom apartment of 572 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 25 February 2016 for AED 775,000, or AED 1,354 per sqft, 7% above the AED 1,271 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 7 February 2024, is AED 68,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 438,392; 2009 AED 444,574; 2010 AED 475,000; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 797,500; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, October 2009: AED 412,218 (AED 720 per sqft)Sold, February 2016: AED 775,000 (AED 1,354 per sqft)

706 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 74,940; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 66,000; 2026 AED 64,000New contract, February 2014: AED 65,000 a yearNew contract, February 2017: AED 75,000 a yearNew contract, September 2019: AED 48,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, December 2022: AED 65,000 a yearNew contract, February 2024: AED 68,000 a year

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

1-beds in Marina Diamond Tower 2, and where 706 sits

All 128 1-beds →

706 last sold in February 2016 at AED 1,354 per sqft, 7% above what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,271). Over the last 12 months one-beds sold for AED 750,000 to 1,100,000, around AED 1,372 per sqft, and rent for AED 50,000 to 116,500 a year. 706's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026774,230
21 Sep 2026853,000
21 Aug 2026750,000
13 Jul 2026765,000
10 1-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
7032-bedAED 1.2M · Mar 2017
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7071-bedAED 875K · Oct 2024
708StudioAED 690K · Jun 2014
1–7 of 17

706, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 25 October 2009 for AED 412,218, last on 25 February 2016 for AED 775,000 (AED 1,354 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 36,000 in 2021 and recovered to AED 68,000 by February 2024.
  • At AED 68,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 10,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 750,000–1,100,000 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 7 February 2024.

Questions about 706, Marina Diamond Tower 2

What did unit 706 last sell for?

AED 775,000 on 25 February 2016: AED 1,354 per sqft for 572 sqft. The unit has 2 registered sales; the first was AED 412,218 in October 2009.

What is the rent for unit 706?

AED 68,000 a year on the contract signed on 7 February 2024. The previous contract, from December 2022, was AED 65,000; the unit has been rented since February 2014.

How big is unit 706?

572 sqft (53.1 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2007.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Diamond Tower 2 sold for AED 750,000 to 1,100,000 in the last 12 months, around AED 1,372 per sqft.

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Mortgage on 706, Marina Diamond Tower 2

Starts from the last sale price (AED 775K, 25 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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