703, Marina Diamond Tower 5
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Marina Diamond Tower 5
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 714 sqft
- Floor
- 7th of 19
- Parking
- 63 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 10,200 /yr
- Last sold
- AED 925K · December 2013
- Building
- Marina Diamond Tower 5
About 703, Marina Diamond Tower 5
703 is a one-bedroom apartment of 714 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 17 December 2013 for AED 925,000, or AED 1,294 per sqft, 30% above the AED 995 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 20 August 2023, is AED 50,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 10,200 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
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 703 sits
All 115 1-beds →703 last sold in December 2013 at AED 1,294 per sqft, 30% above what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 995). 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. 703's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 714 sqft | 960,000 | 1,343 | ||
| 1 Sep 20261 September 2026 | 708 sqft | 889,814 | 1,256 | ||
| 2 Apr 20262 April 2026 | 708 sqft | 875,000 | 1,235 | ||
| 11 Mar 202611 March 2026 | 708 sqft | 1,175,000 | 1,659 |
Marina Diamond Tower 5
Building190 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%
Other units on the 7th floor
All 190 units in Marina Diamond Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,084 sqft | AED 715KAED 715,000 · Jul 2020July 2020 | 120,000 /yr | |
| 702 | 2-bed | 1,084 sqft | AED 1MAED 1,000,000 · Jan 2020January 2020 | 90,000 /yr | |
| 704 | 1-bed | 769 sqft | AED 765KAED 765,000 · Jul 2013July 2013 | 75,500 /yr | |
| 705 | 1-bed | 714 sqft | AED 830KAED 830,000 · Jun 2023June 2023 | 84,000 /yr | |
| 706 | 2-bed | 1,084 sqft | AED 793KAED 792,946 · Dec 2013December 2013 | 87,745 /yr | |
| 707 | 2-bed | 1,084 sqft | AED 811KAED 811,000 · Oct 2019October 2019 | 108,000 /yr | |
| 708 | 1-bed | 708 sqft | AED 530KAED 530,000 · Nov 2020November 2020 | 78,000 /yr | |
| 709 | 1-bed | 706 sqft | AED 650KAED 650,000 · Sep 2022September 2022 | 78,000 /yr | |
| 710 | 1-bed | 708 sqft | AED 1MAED 1,000,000 · Jul 2008July 2008 | 55,200 /yr |
703, Marina Diamond Tower 5 in numbers
- Sold twice: first on 7 August 2008 for AED 970,000, last on 17 December 2013 for AED 925,000 (AED 1,294 per sqft).
- Rented since February 2011 on 11 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2021 and recovered to AED 50,000 by August 2023.
- At AED 50,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 10,200 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 20 August 2023.
Questions about 703, Marina Diamond Tower 5
What did unit 703 last sell for?
AED 925,000 on 17 December 2013: AED 1,294 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 970,000 in August 2008.
What is the rent for unit 703?
AED 50,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2021, was AED 45,000; the unit has been rented since February 2011.
How big is unit 703?
714 sqft (66.3 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2007.
What is unit 703 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 703, Marina Diamond Tower 5
Starts from the last sale price (AED 925K, 17 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 925,000
- Deposit, UAE resident (20%)
- AED 185,000
- Deposit, non-resident (40%)
- AED 370,000
- Monthly over 25 years at 3.7%
- AED 3,784
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →