Studio · 427 sqftMarina Diamond Tower 3, Dubai Marina · 7th floor · completed 2007

706, Marina Diamond Tower 3

Sold prices and rental history: sold twice, last in June 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 6 June 2021
Last soldAED 440K6 June 2021
Current rentAED 47K /yr20 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Diamond Tower 3

What is 706 worth today?

Last sold for AED 440,000 in 2021

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6 Jun 2021SoldReady
AED 440,000AED 1,030 per sqft
20 Jan 2019RentedNew contract
AED 47,000/yr12 months · AED 109 per sqft
1 Oct 2014RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
19 Sep 2013RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
1 Feb 2009Sold by developerReady
AED 336,960AED 789 per sqft

Source: Dubai Land Department. Updated 6 June 2021.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
7th of 14
Parking
60 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 440K · June 2021

About 706, Marina Diamond Tower 3

706 is a studio of 427 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 6 June 2021 for AED 440,000, or AED 1,030 per sqft, 3% above the AED 997 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 20 January 2019, is AED 47,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 7,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical studio in Marina Diamond Tower 3
400K600K800K2008201320182023Typical sale price by year: 2008 AED 362,141; 2009 AED 369,914; 2010 AED 399,100; 2011 AED 400,000; 2012 AED 415,971; 2013 AED 545,000; 2014 AED 720,000; 2015 AED 625,000; 2016 AED 660,000; 2017 AED 722,500; 2018 AED 500,000; 2019 AED 522,500; 2021 AED 440,000; 2022 AED 480,000; 2023 AED 567,500; 2024 AED 675,000; 2025 AED 757,500; 2026 AED 765,000Sold by developer, February 2009: AED 336,960 (AED 789 per sqft)Sold, June 2021: AED 440,000 (AED 1,030 per sqft)

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

Rents
Unit 706, each contractTypical studio in Marina Diamond Tower 3
40K60K20112015201920232027Typical rent by year: 2011 AED 34,000; 2012 AED 43,000; 2013 AED 52,250; 2014 AED 60,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 58,000; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 34,000; 2022 AED 40,000; 2023 AED 48,000; 2024 AED 56,000; 2025 AED 60,000; 2026 AED 57,000New contract, September 2013: AED 55,000 a yearNew contract, October 2014: AED 60,000 a yearNew contract, January 2019: AED 47,000 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 3, and where 706 sits

All 90 studios →

706 last sold in June 2021 at AED 1,030 per sqft, 3% above what studios in Marina Diamond Tower 3 were fetching at the time (AED 997). 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. 706's AED 47,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026725,000
7 Jul 2026775,000
24 Mar 2026765,000
29 Dec 2025790,000
6 studio sales in the last 12 months

Marina Diamond Tower 3

Building

203 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%
Marina Diamond Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 203 units in Marina Diamond Tower 3
Value
7012-bedAED 890K · Jul 2013
7022-bedAED 900K · Sep 2012
703StudioAED 750K · May 2025
704StudioAED 660K · Dec 2023
705StudioAED 675K · Oct 2024
707StudioAED 370K · Oct 2008
708StudioAED 740K · Sep 2024
1–7 of 13

706, Marina Diamond Tower 3 in numbers

  • Sold twice: first on 1 February 2009 for AED 336,960, last on 6 June 2021 for AED 440,000 (AED 1,030 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 55,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 7,900 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 6 June 2021.

Questions about 706, Marina Diamond Tower 3

What did unit 706 last sell for?

AED 440,000 on 6 June 2021: AED 1,030 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 336,960 in February 2009.

What is the rent for unit 706?

AED 47,000 a year on the contract signed on 20 January 2019. The previous contract, from October 2014, was AED 60,000; the unit has been rented since September 2013.

How big is unit 706?

427 sqft (39.7 sqm): a studio on the 7th floor of a 14-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. 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 706, Marina Diamond Tower 3

Starts from the last sale price (AED 440K, 6 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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