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

712, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.2M10 September 2024
Current rentAED 73K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Marina Diamond Tower 2

What is 712 worth today?

Last sold for AED 1,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2024SoldReady
AED 1,200,000AED 1,246 per sqft
7 Feb 2023SoldReady
AED 800,000AED 830 per sqft
1 Nov 2018RentedNew contract
AED 73,000/yr12 months · AED 76 per sqft
20 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
20 Oct 2016RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
15 Jan 2015Sold by developerReady
AED 579,714AED 601 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
7th of 15
Parking
80 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 17,700 /yr
Last sold
AED 1.2M · September 2024

About 712, Marina Diamond Tower 2

712 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 10 September 2024 for AED 1,200,000, or AED 1,246 per sqft, 9% above the AED 1,142 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 November 2018, is AED 73,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, January 2015: AED 579,714 (AED 601 per sqft)Sold, February 2023: AED 800,000 (AED 830 per sqft)Sold, September 2024: AED 1,200,000 (AED 1,246 per sqft)

712 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 712, 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, October 2016: AED 90,000 a yearNew contract, October 2017: AED 90,000 a yearNew contract, November 2018: AED 73,000 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 712 sits

All 60 2-beds →

712 last sold in September 2024 at AED 1,246 per sqft, 9% above what two-beds in Marina Diamond Tower 2 were fetching at the time (AED 1,142). 712's AED 73,000 is in the lower half 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
7032-bedAED 1.2M · Mar 2017
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
1–7 of 17

712, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 15 January 2015 for AED 579,714, last on 10 September 2024 for AED 1,200,000 (AED 1,246 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 90,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 17,700 a year (AED 18.33 per sqft).

Source: Dubai Land Department. Updated 10 September 2024.

Questions about 712, Marina Diamond Tower 2

What did unit 712 last sell for?

AED 1,200,000 on 10 September 2024: AED 1,246 per sqft for 963 sqft. The unit has 3 registered sales; the first was AED 579,714 in January 2015.

What is the rent for unit 712?

AED 73,000 a year on the contract signed on 1 November 2018. The previous contract, from October 2017, was AED 90,000; the unit has been rented since October 2016.

How big is unit 712?

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

What is unit 712 worth today?

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

Selling 712? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 712, Marina Diamond Tower 2

Starts from the last sale price (AED 1.2M, 10 September 2024). 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 →