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

702, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 1M2 January 2020
Current rentAED 90K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Marina Diamond Tower 5

What is 702 worth today?

Last sold for AED 1,000,000 in 2020

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5 Aug 2026RentedRenewal
AED 90,000/yr12 months · AED 84 per sqft
5 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
6 Jun 2024RentedNew contract
AED 105,000/yr12 months · AED 97 per sqft
6 Jun 2024RentedNew contract
AED 105,000/yr12 months · AED 97 per sqft
6 Jun 2023RentedNew contract
AED 105,000/yr12 months · AED 97 per sqft
27 Apr 2022RentedNew contract
AED 73,000/yr12 months · AED 67 per sqft
2 Jan 2020SoldReady
AED 1,000,000AED 922 per sqft
1 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

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

About 702, Marina Diamond Tower 5

702 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 2 January 2020 for AED 1,000,000, or AED 922 per sqft, 18% above the AED 784 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 90,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 15,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, February 2009: AED 850,000 (AED 784 per sqft)Sold, January 2020: AED 1,000,000 (AED 922 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Marina Diamond Tower 5
75K100K2012201620202024Typical 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 77,000 a yearNew contract, September 2013: AED 84,700 a yearNew contract, September 2014: AED 100,000 a yearNew contract, November 2019: AED 65,000 a yearNew contract, April 2022: AED 73,000 a yearNew contract, June 2023: AED 105,000 a yearNew contract, June 2024: AED 105,000 a yearNew contract, June 2024: AED 105,000 a yearNew contract, August 2025: AED 110,000 a yearRenewal, August 2026: AED 90,000 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 702 sits

All 73 2-beds →

702 last sold in January 2020 at AED 922 per sqft, 18% above what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 784). 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. 702's AED 90,000 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 7th floor

All 190 units in Marina Diamond Tower 5
Value
7012-bedAED 715K · Jul 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

702, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 18 February 2009 for AED 850,000, last on 2 January 2020 for AED 1,000,000 (AED 922 per sqft).
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 77,000 to AED 65,000 in 2019 and recovered to AED 90,000 by August 2026.
  • At AED 90,000 a year the gross yield on the 2020 price is 9.0%, 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 5 August 2026.

Questions about 702, Marina Diamond Tower 5

What did unit 702 last sell for?

AED 1,000,000 on 2 January 2020: AED 922 per sqft for 1,084 sqft. The unit has 2 registered sales; the first was AED 850,000 in February 2009.

What is the rent for unit 702?

AED 90,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since September 2012.

How big is unit 702?

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 702 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 702, Marina Diamond Tower 5

Starts from the last sale price (AED 1M, 2 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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