706, Marina Diamond Tower 5
Sold prices and rental history: sold once, by the developer in December 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Marina Diamond Tower 5
What is 706 worth today?
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Source: Dubai Land Department. Updated 15 September 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,084 sqft
- Floor
- 7th of 19
- Parking
- 66 B1
- Developer
- Diamond Developers
- Completed
- 2007
- Service charge
- AED 15,400 /yr
- Last sold
- AED 793K · December 2013
- Building
- Marina Diamond Tower 5
About 706, Marina Diamond Tower 5
706 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. The developer sold it on 30 December 2013 for AED 792,946, or AED 731 per sqft, 4% below the AED 764 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 September 2015, is AED 87,745 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 15,400 a year.
Sales and rents for 706 over time
706 has sold once; the dashed line is the two-bed median of each year in the building.
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 706 sits
All 73 2-beds →706 last sold in December 2013 at AED 731 per sqft, 4% below what two-beds in Marina Diamond Tower 5 were fetching at the time (AED 764). 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. 706's AED 87,745 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,084 sqft | 1,450,000 | 1,338 | ||
| 4 Sep 20264 September 2026 | 1,084 sqft | 1,500,000 | 1,384 | ||
| 28 Nov 202528 November 2025 | 1,084 sqft | 1,650,000 | 1,522 | ||
| 17 Oct 202517 October 2025 | 1,084 sqft | 1,450,000 | 1,338 |
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 | |
| 703 | 1-bed | 714 sqft | AED 925KAED 925,000 · Dec 2013December 2013 | 50,000 /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 | |
| 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 |
706, Marina Diamond Tower 5 in numbers
- Sold once: by Diamond Developers on 30 December 2013 for AED 792,946, or AED 731 per sqft.
- Rented since September 2013 on 3 Ejari contracts, from AED 69,613 to AED 87,745 a year.
- At AED 87,745 a year the gross yield on the 2013 price is 11.1%, 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 15 September 2015.
Questions about 706, Marina Diamond Tower 5
What did unit 706 last sell for?
AED 792,946 on 30 December 2013, sold by the developer: AED 731 per sqft for 1,084 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 87,745 a year on the contract renewed on 15 September 2015. The previous contract, from September 2014, was AED 80,500; the unit has been rented since September 2013.
How big is unit 706?
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 706 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 706, Marina Diamond Tower 5
Starts from the last sale price (AED 793K, 30 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 792,946
- Deposit, UAE resident (20%)
- AED 158,589
- Deposit, non-resident (40%)
- AED 317,178
- Monthly over 25 years at 3.7%
- AED 3,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →