704, Marina Diamond Tower 3
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Marina Diamond Tower 3
What is 704 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 7th of 14
- Parking
- 58 B2
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 8,300 /yr
- Last sold
- AED 660K · December 2023
- Building
- Marina Diamond Tower 3
About 704, Marina Diamond Tower 3
704 is a studio of 446 sqft on the 7th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 18 December 2023 for AED 660,000, or AED 1,479 per sqft, 18% above the AED 1,250 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 April 2022, is AED 40,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 8,300 a year.
Sales and rents for 704 over time
704 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina Diamond Tower 3, and where 704 sits
All 90 studios →704 last sold in December 2023 at AED 1,479 per sqft, 18% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 1,250). Over the last 12 months studios sold for AED 725,000 to 790,000, around AED 1,731 per sqft, and rent for AED 45,000 to 75,000 a year. 704's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 446 sqft | 725,000 | 1,625 | ||
| 7 Jul 20267 July 2026 | 446 sqft | 775,000 | 1,737 | ||
| 24 Mar 202624 March 2026 | 427 sqft | 765,000 | 1,791 | ||
| 29 Dec 202529 December 2025 | 427 sqft | 790,000 | 1,850 |
Marina Diamond Tower 3
Building203 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2007 by Diamond Developers. 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,442 Down 0.4%
- Typical sale
- AED 790K
- Typical rent
- AED 65K /yr
- Typical yield
- 7.9%
Other units on the 7th floor
All 203 units in Marina Diamond Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,009 sqft | AED 890KAED 889,700 · Jul 2013July 2013 | ||
| 702 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · Sep 2012September 2012 | ||
| 703 | Studio | 429 sqft | AED 750KAED 750,000 · May 2025May 2025 | 55,000 /yr | |
| 705 | Studio | 427 sqft | AED 675KAED 675,000 · Oct 2024October 2024 | 50,000 /yr | |
| 706 | Studio | 427 sqft | AED 440KAED 440,000 · Jun 2021June 2021 | 47,000 /yr | |
| 707 | Studio | 446 sqft | AED 370KAED 370,180 · Oct 2008October 2008 | 53,130 /yr | |
| 708 | Studio | 429 sqft | AED 740KAED 740,000 · Sep 2024September 2024 | 54,000 /yr | |
| 709 | 1-bed | 683 sqft | AED 463KAED 462,500 · Aug 2015August 2015 | 72,000 /yr | |
| 710 | 1-bed | 624 sqft | AED 820KAED 820,000 · Sep 2024September 2024 | 55,000 /yr | |
| 711 | 1-bed | 683 sqft | AED 730KAED 730,000 · Apr 2023April 2023 | 70,000 /yr | |
| 712 | 1-bed | 364 sqft | AED 550KAED 550,000 · Aug 2014August 2014 | 84,000 /yr | |
| 713 | 1-bed | 737 sqft | AED 538KAED 538,010 · Sep 2013September 2013 | 71,000 /yr | |
| 714 | 1-bed | 727 sqft | AED 1.01MAED 1,011,360 · Jun 2026June 2026 | 75,000 /yr |
704, Marina Diamond Tower 3 in numbers
- Sold 4 times: first on 31 December 2012 for AED 370,180, last on 18 December 2023 for AED 660,000 (AED 1,479 per sqft).
- Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2021 and recovered to AED 40,000 by April 2022.
- At AED 40,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 8,300 a year (AED 18.60 per sqft).
- Studios in Marina Diamond Tower 3 sold for AED 725,000–790,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.
Source: Dubai Land Department. Updated 18 December 2023.
Questions about 704, Marina Diamond Tower 3
What did unit 704 last sell for?
AED 660,000 on 18 December 2023: AED 1,479 per sqft for 446 sqft. The unit has 4 registered sales; the first was AED 370,180 in December 2012.
What is the rent for unit 704?
AED 40,000 a year on the contract signed on 5 April 2022. The previous contract, from January 2022, was AED 40,000; the unit has been rented since August 2013.
How big is unit 704?
446 sqft (41.4 sqm): a studio on the 7th floor of a 14-storey tower completed in 2007.
What is unit 704 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 3 sold for AED 725,000 to 790,000 in the last 12 months, around AED 1,731 per sqft.
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Mortgage on 704, Marina Diamond Tower 3
Starts from the last sale price (AED 660K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →