2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 17th floor · completed 2007

1706, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 3 January 2021
Last soldAED 775K3 January 2021
Current rentAED 55K /yr2 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Marina Diamond Tower 5

What is 1706 worth today?

Last sold for AED 775,000 in 2021

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3 Jan 2021SoldReady
AED 775,000AED 715 per sqft
2 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 51 per sqft
26 Nov 2018RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
27 Oct 2017RentedNew contract
AED 96,000/yr12 months · AED 88 per sqft
17 Sep 2015RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
17 Sep 2014RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
17 Sep 2013RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
17 Sep 2012RentedNew contract
AED 42,000/yr6 months · AED 39 per sqft

Source: Dubai Land Department. Updated 3 January 2021.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
17th of 19
Parking
79 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 775K · January 2021

About 1706, Marina Diamond Tower 5

1706 is a two-bedroom apartment of 1,084 sqft on the 17th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 3 January 2021 for AED 775,000, or AED 715 per sqft, 5% above the AED 682 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 2 September 2020, is AED 55,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical two-bed in Marina Diamond Tower 5
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 907,552; 2009 AED 877,256; 2010 AED 900,000; 2011 AED 650,000; 2012 AED 700,000; 2013 AED 828,989; 2014 AED 805,000; 2015 AED 1,270,000; 2016 AED 1,150,000; 2017 AED 1,100,000; 2018 AED 1,000,000; 2019 AED 830,500; 2020 AED 740,000; 2021 AED 845,500; 2022 AED 950,000; 2023 AED 1,175,000; 2025 AED 1,500,000Sold by developer, April 2009: AED 879,000 (AED 811 per sqft)Sold, January 2021: AED 775,000 (AED 715 per sqft)

1706 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, each contractTypical two-bed in Marina Diamond Tower 5
50K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 90,000; 2024 AED 103,500; 2025 AED 110,000; 2026 AED 108,000New contract, September 2012: AED 42,000 a yearNew contract, September 2013: AED 95,000 a yearNew contract, September 2014: AED 110,000 a yearRenewal, September 2015: AED 110,000 a yearNew contract, October 2017: AED 96,000 a yearNew contract, November 2018: AED 85,000 a yearNew contract, September 2020: AED 55,000 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 5, and where 1706 sits

All 73 2-beds →

1706 last sold in January 2021 at AED 715 per sqft, 5% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 682). Over the last 12 months two-beds sold for AED 1,450,000 to 1,650,000, around AED 1,384 per sqft, and rent for AED 36,000 to 150,221 a year. 1706's AED 55,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Oct 20261,450,000
4 Sep 20261,500,000
28 Nov 20251,650,000
17 Oct 20251,450,000
3 2-bed sales in the last 12 months

Marina Diamond Tower 5

Building

190 apartments, 1-bed to 2-bed over 19 floors in Dubai Marina, completed in 2007 by Diamond Developers. 10 sold in the last 12 months.

Typical price per sqft
AED 1,427 Up 0.4%
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
7.0%
Marina Diamond Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 190 units in Marina Diamond Tower 5
Value
17012-bedAED 943K · Oct 2009
17022-bedAED 911K · Oct 2009
17031-bedAED 603K · Feb 2009
17041-bedAED 678K · Jun 2009
17051-bedAED 1.05M · Dec 2025
17072-bedAED 740K · Feb 2020
17081-bedAED 1.1M · Jun 2014
1–7 of 9

1706, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 22 April 2009 for AED 879,000, last on 3 January 2021 for AED 775,000 (AED 715 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 42,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 15,400 a year (AED 14.24 per sqft).
  • Two-beds in Marina Diamond Tower 5 sold for AED 1,450,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 3 January 2021.

Questions about 1706, Marina Diamond Tower 5

What did unit 1706 last sell for?

AED 775,000 on 3 January 2021: AED 715 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 879,000 in April 2009.

What is the rent for unit 1706?

AED 55,000 a year on the contract signed on 2 September 2020. The previous contract, from November 2018, was AED 85,000; the unit has been rented since September 2012.

How big is unit 1706?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2007.

What is unit 1706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Diamond Tower 5 sold for AED 1,450,000 to 1,650,000 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1706, Marina Diamond Tower 5

Starts from the last sale price (AED 775K, 3 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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