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1-bed · 681 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

704, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 24 December 2025
Last soldAED 446K1 July 2008
Current rentAED 80K /yr24 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Diamond Tower 2

What is 704 worth today?

Last sold for AED 445,963 in 2008

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24 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 118 per sqft
28 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 133 per sqft
23 Jan 2024RentedNew contract
AED 90,000/yr12 months · AED 133 per sqft
15 Oct 2021RentedRenewal
AED 42,000/yr12 months · AED 62 per sqft
15 Oct 2019RentedRenewal
AED 50,000/yr12 months · AED 74 per sqft
15 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
5 Sep 2017RentedNew contract
AED 65,000/yr12 months · AED 96 per sqft
23 Jan 2017RentedNew contract
AED 75,000/yr12 months · AED 111 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 December 2025.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
7th of 15
Parking
75 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 12,500 /yr
Last sold
AED 446K · July 2008
Building
Marina Diamond Tower 2

About 704, Marina Diamond Tower 2

704 is a one-bedroom apartment of 681 sqft on the 7th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 1 July 2008 for AED 445,963, or AED 654 per sqft, 6% below the AED 694 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 24 December 2025, is AED 80,000 a year: a gross yield of 17.9% on the 2008 price, before the service charge of about AED 12,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Marina Diamond Tower 2
500K750K2008201320182023Typical sale price by year: 2008 AED 440,433; 2009 AED 444,574; 2010 AED 471,119; 2011 AED 525,000; 2012 AED 460,500; 2013 AED 670,000; 2014 AED 820,000; 2015 AED 770,000; 2016 AED 775,000; 2017 AED 785,000; 2018 AED 720,000; 2019 AED 500,000; 2020 AED 437,500; 2021 AED 510,000; 2022 AED 590,000; 2023 AED 705,000; 2024 AED 830,000; 2025 AED 900,000Sold by developer, July 2008: AED 445,963 (AED 654 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Marina Diamond Tower 2
50K75K2012201620202024Typical rent by year: 2012 AED 52,000; 2013 AED 60,000; 2014 AED 72,000; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 68,000; 2018 AED 60,000; 2019 AED 50,000; 2020 AED 40,500; 2021 AED 39,000; 2022 AED 45,000; 2023 AED 58,000; 2024 AED 70,000; 2025 AED 65,500; 2026 AED 75,000New contract, October 2012: AED 60,000 a yearNew contract, October 2015: AED 80,000 a yearNew contract, January 2017: AED 75,000 a yearNew contract, September 2017: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 50,000 a yearRenewal, October 2021: AED 42,000 a yearNew contract, January 2024: AED 90,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, December 2025: AED 80,000 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 2, and where 704 sits

All 122 1-beds →

704 last sold in July 2008 at AED 654 per sqft, 6% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 694). Over the last 12 months one-beds sold for AED 920,000, around AED 1,561 per sqft, and rent for AED 55,000 to 90,000 a year. 704's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Feb 2026920,000
30 Jul 2025900,000
22 Jul 2025905,000
22 Jul 2025920,000
1 1-bed sale in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 785K
Typical rent
AED 72K /yr
Typical yield
7.6%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 276 units in Marina Diamond Tower 2
Value
701AED 1.26M · Sep 2025
702StudioAED 269K · Jun 2008
7032-bedAED 1.2M · Mar 2017
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
708StudioAED 690K · Jun 2014
1–7 of 17

704, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 1 July 2008 for AED 445,963, or AED 654 per sqft.
  • Rented since October 2012 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 80,000 by December 2025.
  • At AED 80,000 a year the gross yield on the 2008 price is 17.9%, before a service charge of about AED 12,500 a year (AED 18.33 per sqft).
  • One-beds in Marina Diamond Tower 2 sold for AED 920,000–920,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 24 December 2025.

Questions about 704, Marina Diamond Tower 2

What did unit 704 last sell for?

AED 445,963 on 1 July 2008, sold by the developer: AED 654 per sqft for 681 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 80,000 a year on the contract signed on 24 December 2025. The previous contract, from September 2024, was AED 90,000; the unit has been rented since October 2012.

How big is unit 704?

681 sqft (63.3 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2007.

What is unit 704 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 2 sold for AED 920,000 to 920,000 in the last 12 months, around AED 1,561 per sqft.

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Mortgage on 704, Marina Diamond Tower 2

Starts from the last sale price (AED 446K, 1 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 445,963
Deposit, UAE resident (20%)
AED 89,193
Deposit, non-resident (40%)
AED 178,385
Monthly over 25 years at 3.7%
AED 1,825

Plus AED 21,641 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →