Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

714, Marina Diamond Tower 2

Sold prices and rental history: sold 3 times, last in June 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 450K7 June 2022
Current rentAED 30K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Marina Diamond Tower 2

What is 714 worth today?

Last sold for AED 450,000 in 2022

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7 Jun 2022SoldReady
AED 450,000AED 1,027 per sqft
10 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
20 Feb 2019RentedNew contract
AED 47,000/yr12 months · AED 106 per sqft
9 Oct 2017RentedNew contract
AED 56,000/yr12 months · AED 127 per sqft
1 Jun 2015SoldReady
AED 615,000AED 1,404 per sqft
30 Jun 2014Sold by developerReady
AED 330,657AED 754 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
7th of 15
Parking
45 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 450K · June 2022

About 714, Marina Diamond Tower 2

714 is a studio of 438 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 7 June 2022 for AED 450,000, or AED 1,027 per sqft, in line with the AED 1,004 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 August 2021, is AED 30,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, June 2014: AED 330,657 (AED 754 per sqft)Sold, June 2015: AED 615,000 (AED 1,404 per sqft)Sold, June 2022: AED 450,000 (AED 1,027 per sqft)

714 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 714, 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, October 2017: AED 56,000 a yearNew contract, February 2019: AED 47,000 a yearNew contract, August 2021: AED 30,000 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 714 sits

All 87 studios →

714 last sold in June 2022 at AED 1,027 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 1,004). 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. 714's AED 30,000 is at the bottom 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
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
1–7 of 17

714, Marina Diamond Tower 2 in numbers

  • Sold 3 times: first on 30 June 2014 for AED 330,657, last on 7 June 2022 for AED 450,000 (AED 1,027 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 56,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 8,000 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 7 June 2022.

Questions about 714, Marina Diamond Tower 2

What did unit 714 last sell for?

AED 450,000 on 7 June 2022: AED 1,027 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 330,657 in June 2014.

What is the rent for unit 714?

AED 30,000 a year on the contract signed on 10 August 2021. The previous contract, from February 2019, was AED 47,000; the unit has been rented since October 2017.

How big is unit 714?

438 sqft (40.7 sqm): a studio on the 7th floor of a 15-storey tower completed in 2007.

What is unit 714 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 714, Marina Diamond Tower 2

Starts from the last sale price (AED 450K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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