1-bed · 708 sqftMarina Diamond Tower 5, Dubai Marina · 7th floor · completed 2007

708, Marina Diamond Tower 5

Sold prices and rental history: sold twice, last in November 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 530K26 November 2020
Current rentAED 78K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Marina Diamond Tower 5

What is 708 worth today?

Last sold for AED 530,000 in 2020

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1 May 2025RentedRenewal
AED 78,000/yr12 months · AED 110 per sqft
1 May 2024RentedNew contract
AED 78,000/yr12 months · AED 110 per sqft
26 Nov 2020SoldReady
AED 530,000AED 748 per sqft
4 Sep 2008Sold by developerReady
AED 534,717AED 755 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
7th of 19
Parking
79 B1
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,100 /yr
Last sold
AED 530K · November 2020

About 708, Marina Diamond Tower 5

708 is a one-bedroom apartment of 708 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 26 November 2020 for AED 530,000, or AED 748 per sqft, in line with the AED 750 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 78,000 a year: a gross yield of 14.7% on the 2020 price, before the service charge of about AED 10,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 534,717 (AED 755 per sqft)Sold, November 2020: AED 530,000 (AED 748 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Marina Diamond Tower 5
40K60K80K20112015201920232027Typical 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, May 2024: AED 78,000 a yearRenewal, May 2025: AED 78,000 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 708 sits

All 115 1-beds →

708 last sold in November 2020 at AED 748 per sqft, in line with what one-beds in Marina Diamond Tower 5 were fetching at the time (AED 750). 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. 708's AED 78,000 is in the lower half 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 7th floor

All 190 units in Marina Diamond Tower 5
Value
7012-bedAED 715K · Jul 2020
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
1–7 of 9

708, Marina Diamond Tower 5 in numbers

  • Sold twice: first on 4 September 2008 for AED 534,717, last on 26 November 2020 for AED 530,000 (AED 748 per sqft).
  • Rented since May 2024 on 2 Ejari contracts, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 14.7%, 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 1 May 2025.

Questions about 708, Marina Diamond Tower 5

What did unit 708 last sell for?

AED 530,000 on 26 November 2020: AED 748 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 534,717 in September 2008.

What is the rent for unit 708?

AED 78,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 78,000.

How big is unit 708?

708 sqft (65.8 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2007.

What is unit 708 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 708, Marina Diamond Tower 5

Starts from the last sale price (AED 530K, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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