2-bed · 1,084 sqftMarina Diamond Tower 5, Dubai Marina · 7th floor · completed 2007

701, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 715K6 July 2020
Current rentAED 120K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Marina Diamond Tower 5

What is 701 worth today?

Last sold for AED 715,000 in 2020

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25 Jan 2026RentedRenewal
AED 120,000/yr12 months · AED 110 per sqft
25 Jan 2025RentedRenewal
AED 120,000/yr12 months · AED 110 per sqft
25 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
25 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
6 Jul 2020SoldReady
AED 715,000AED 659 per sqft
1 Sep 2013RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
2 Sep 2008Sold by developerReady
AED 915,546AED 844 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
2-bed apartment
Size
1,084 sqft
Floor
7th of 19
Parking
61 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 15,400 /yr
Last sold
AED 715K · July 2020

About 701, Marina Diamond Tower 5

701 is a two-bedroom apartment of 1,084 sqft on the 7th floor of Marina Diamond Tower 5, a 19-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 6 July 2020 for AED 715,000, or AED 659 per sqft, 8% below the AED 715 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 120,000 a year: a gross yield of 16.8% on the 2020 price, before the service charge of about AED 15,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, September 2008: AED 915,546 (AED 844 per sqft)Sold, July 2020: AED 715,000 (AED 659 per sqft)

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

Rents
Unit 701, 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 2013: AED 95,000 a yearNew contract, January 2024: AED 120,000 a yearNew contract, January 2024: AED 120,000 a yearRenewal, January 2025: AED 120,000 a yearRenewal, January 2026: AED 120,000 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 701 sits

All 73 2-beds →

701 last sold in July 2020 at AED 659 per sqft, 8% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 715). 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. 701's AED 120,000 is in the upper 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 7th floor

All 190 units in Marina Diamond Tower 5
Value
7022-bedAED 1M · Jan 2020
7031-bedAED 925K · Dec 2013
7041-bedAED 765K · Jul 2013
7051-bedAED 830K · Jun 2023
7062-bedAED 793K · Dec 2013
7072-bedAED 811K · Oct 2019
7081-bedAED 530K · Nov 2020
1–7 of 9

701, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 2 September 2008 for AED 915,546, last on 6 July 2020 for AED 715,000 (AED 659 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 95,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 16.8%, 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 25 January 2026.

Questions about 701, Marina Diamond Tower 5

What did unit 701 last sell for?

AED 715,000 on 6 July 2020: AED 659 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 915,546 in September 2008.

What is the rent for unit 701?

AED 120,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since September 2013.

How big is unit 701?

1,084 sqft (100.7 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2007.

What is unit 701 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 701, Marina Diamond Tower 5

Starts from the last sale price (AED 715K, 6 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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