1-bed · 706 sqftMarina Diamond Tower 5, Dubai Marina · 17th floor · completed 2007

1709, Marina Diamond Tower 5

Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 645K3 September 2008
Current rentAED 43K /yr28 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Marina Diamond Tower 5

What is 1709 worth today?

Last sold for AED 645,191 in 2008

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28 Nov 2021RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
15 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 50 per sqft
20 Sep 2018RentedNew contract
AED 53,000/yr12 months · AED 75 per sqft
7 Aug 2017RentedRenewal
AED 63,000/yr12 months · AED 89 per sqft
7 Aug 2016RentedRenewal
AED 63,000/yr12 months · AED 89 per sqft
7 Aug 2015RentedNew contract
AED 55,000/yr12 months · AED 78 per sqft
7 Aug 2014RentedNew contract
AED 55,000/yr12 months · AED 78 per sqft
7 Aug 2013RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
17th of 19
Parking
74 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,100 /yr
Last sold
AED 645K · September 2008

About 1709, Marina Diamond Tower 5

1709 is a one-bedroom apartment of 706 sqft on the 17th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 3 September 2008 for AED 645,191, or AED 913 per sqft, in line with the AED 899 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 28 November 2021, is AED 43,000 a year: a gross yield of 6.7% on the 2008 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, each saleTypical one-bed in Marina Diamond Tower 5
500K1M2008201320182023Typical sale price by year: 2008 AED 618,335; 2009 AED 620,968; 2010 AED 560,000; 2011 AED 527,500; 2012 AED 580,000; 2013 AED 750,000; 2014 AED 1,022,500; 2015 AED 895,000; 2016 AED 800,000; 2017 AED 877,500; 2018 AED 800,000; 2019 AED 475,000; 2020 AED 530,000; 2021 AED 595,250; 2022 AED 700,000; 2023 AED 842,500; 2024 AED 1,075,000; 2025 AED 1,050,000; 2026 AED 960,000Sold by developer, September 2008: AED 645,191 (AED 913 per sqft)

1709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, each contractTypical one-bed in Marina Diamond Tower 5
50K75K20112015201920232027Typical rent by year: 2011 AED 52,000; 2012 AED 55,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 82,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 64,500; 2024 AED 73,750; 2025 AED 75,000; 2026 AED 72,000New contract, August 2013: AED 50,000 a yearNew contract, August 2014: AED 55,000 a yearNew contract, August 2015: AED 55,000 a yearRenewal, August 2016: AED 63,000 a yearRenewal, August 2017: AED 63,000 a yearNew contract, September 2018: AED 53,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, November 2021: AED 43,000 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 5, and where 1709 sits

All 115 1-beds →

1709 last sold in September 2008 at AED 913 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 899). Over the last 12 months one-beds sold for AED 875,000 to 1,175,000, around AED 1,469 per sqft, and rent for AED 55,000 to 134,400 a year. 1709's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 2026960,000
1 Sep 2026889,814
2 Apr 2026875,000
11 Mar 20261,175,000
7 1-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
17062-bedAED 775K · Jan 2021
17072-bedAED 740K · Feb 2020
1–7 of 9

1709, Marina Diamond Tower 5 in numbers

  • Sold once: by Diamond Developers on 3 September 2008 for AED 645,191, or AED 913 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 43,000 by November 2021.
  • At AED 43,000 a year the gross yield on the 2008 price is 6.7%, before a service charge of about AED 10,100 a year (AED 14.24 per sqft).
  • One-beds in Marina Diamond Tower 5 sold for AED 875,000–1,175,000 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 28 November 2021.

Questions about 1709, Marina Diamond Tower 5

What did unit 1709 last sell for?

AED 645,191 on 3 September 2008, sold by the developer: AED 913 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 43,000 a year on the contract signed on 28 November 2021. The previous contract, from November 2020, was AED 35,000; the unit has been rented since August 2013.

How big is unit 1709?

706 sqft (65.6 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2007.

What is unit 1709 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 5 sold for AED 875,000 to 1,175,000 in the last 12 months, around AED 1,469 per sqft.

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Mortgage on 1709, Marina Diamond Tower 5

Starts from the last sale price (AED 645K, 3 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 645,191
Deposit, UAE resident (20%)
AED 129,038
Deposit, non-resident (40%)
AED 258,076
Monthly over 25 years at 3.7%
AED 2,640

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