1-bed · 777 sqftMarina Diamond Tower 4, Dubai Marina · 7th floor · completed 2010

705, Marina Diamond Tower 4

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 29 March 2023
Last soldAED 850K29 March 2023
Current rentAED 62K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Marina Diamond Tower 4

What is 705 worth today?

Last sold for AED 850,000 in 2023

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29 Mar 2023SoldReady
AED 850,000AED 1,094 per sqft
2 Feb 2022RentedNew contract
AED 62,000/yr12 months · AED 80 per sqft
5 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
24 Nov 2019RentedNew contract
AED 57,000/yr12 months · AED 74 per sqft
11 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
24 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
17 Mar 2017RentedNew contract
AED 82,000/yr12 months · AED 106 per sqft
14 May 2015SoldReady
AED 850,000AED 1,094 per sqft

Source: Dubai Land Department. Updated 29 March 2023.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
7th of 19
Parking
57 B1
Developer
Diamond Developers
Completed
2010
Service charge
AED 12,200 /yr
Last sold
AED 850K · March 2023

About 705, Marina Diamond Tower 4

705 is a one-bedroom apartment of 777 sqft on the 7th floor of Marina Diamond Tower 4, a 19-storey tower in Dubai Marina completed in 2010 by Diamond Developers. It last sold on 29 March 2023 for AED 850,000, or AED 1,094 per sqft, 15% above the AED 949 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 2 February 2022, is AED 62,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Marina Diamond Tower 4
500K750K1M2008201320182023Typical sale price by year: 2008 AED 604,800; 2009 AED 564,676; 2010 AED 530,000; 2011 AED 500,000; 2012 AED 554,965; 2013 AED 700,000; 2014 AED 731,130; 2015 AED 850,000; 2016 AED 890,000; 2017 AED 800,000; 2018 AED 805,000; 2020 AED 530,000; 2021 AED 600,000; 2022 AED 657,976; 2023 AED 760,000; 2024 AED 907,500; 2025 AED 942,500; 2026 AED 1,000,000Sold by developer, April 2009: AED 564,676 (AED 726 per sqft)Sold, May 2015: AED 850,000 (AED 1,094 per sqft)Sold, March 2023: AED 850,000 (AED 1,094 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Marina Diamond Tower 4
40K60K80K2012201620202024Typical rent by year: 2012 AED 51,250; 2013 AED 65,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 76,000; 2017 AED 70,000; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 45,500; 2021 AED 42,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 69,000; 2025 AED 73,000; 2026 AED 72,000New contract, February 2013: AED 65,000 a yearNew contract, February 2014: AED 70,000 a yearNew contract, February 2015: AED 70,000 a yearNew contract, March 2017: AED 82,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, November 2019: AED 57,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, February 2022: AED 62,000 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 4, and where 705 sits

All 94 1-beds →

705 last sold in March 2023 at AED 1,094 per sqft, 15% above what one-beds in Marina Diamond Tower 4 were fetching at the time (AED 949). Over the last 12 months one-beds sold for AED 900,000 to 1,100,000, around AED 1,326 per sqft, and rent for AED 30,000 to 170,000 a year. 705's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Sep 20261,100,000
3 Apr 20261,100,000
31 Mar 20261,030,000
17 Mar 2026990,000
10 1-bed sales in the last 12 months

Marina Diamond Tower 4

Building

183 apartments, studios to 4-bed over 19 floors in Dubai Marina, completed in 2010 by Diamond Developers. 16 sold in the last 12 months.

Typical price per sqft
AED 1,353 Up 6.3%
Typical sale
AED 1.07M
Typical rent
AED 81K /yr
Typical yield
7.4%
Marina Diamond Tower 4, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 183 units in Marina Diamond Tower 4
Value
7012-bedAED 879K · Mar 2009
7022-bedAED 902K · Jun 2008
7032-bedAED 1.39M · Aug 2016
7042-bedAED 800K · Mar 2020
7061-bedAED 452K · Oct 2008
7071-bedAED 700K · Sep 2022
7081-bedAED 780K · Jul 2023
1–7 of 9

705, Marina Diamond Tower 4 in numbers

  • Sold 3 times: first on 21 April 2009 for AED 564,676, last on 29 March 2023 for AED 850,000 (AED 1,094 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 62,000 by February 2022.
  • At AED 62,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 12,200 a year (AED 15.68 per sqft).
  • One-beds in Marina Diamond Tower 4 sold for AED 900,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,353 per sqft.

Source: Dubai Land Department. Updated 29 March 2023.

Questions about 705, Marina Diamond Tower 4

What did unit 705 last sell for?

AED 850,000 on 29 March 2023: AED 1,094 per sqft for 777 sqft. The unit has 3 registered sales; the first was AED 564,676 in April 2009.

What is the rent for unit 705?

AED 62,000 a year on the contract signed on 2 February 2022. The previous contract, from January 2021, was AED 40,000; the unit has been rented since February 2013.

How big is unit 705?

777 sqft (72.2 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2010.

What is unit 705 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 4 sold for AED 900,000 to 1,100,000 in the last 12 months, around AED 1,326 per sqft.

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Mortgage on 705, Marina Diamond Tower 4

Starts from the last sale price (AED 850K, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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