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1-bed · 589 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

716, Marina Diamond Tower 2

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 407K18 October 2012
Current rentAED 55K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Marina Diamond Tower 2

What is 716 worth today?

Last sold for AED 406,839 in 2012

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1 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft
1 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 64 per sqft
1 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
15 Jan 2017RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
20 Nov 2013RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
18 Oct 2012Sold by developerReady
AED 406,839AED 690 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2022.

Key facts

Type
1-bed apartment
Size
589 sqft
Floor
7th of 15
Parking
83 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 10,800 /yr
Last sold
AED 407K · October 2012
Building
Marina Diamond Tower 2

About 716, Marina Diamond Tower 2

716 is a one-bedroom apartment of 589 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 18 October 2012 for AED 406,839, or AED 690 per sqft, 7% below the AED 745 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 October 2022, is AED 55,000 a year: a gross yield of 13.5% on the 2012 price, before the service charge of about AED 10,800 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, October 2012: AED 406,839 (AED 690 per sqft)

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

Rents
Unit 716, each contractTypical one-bed in Marina Diamond Tower 2
40K60K80K2012201620202024Typical 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, November 2013: AED 65,000 a yearNew contract, January 2017: AED 65,000 a yearNew contract, June 2019: AED 45,000 a yearNew contract, September 2020: AED 38,000 a yearNew contract, October 2022: AED 55,000 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 716 sits

All 122 1-beds →

716 last sold in October 2012 at AED 690 per sqft, 7% below what one-beds in Marina Diamond Tower 2 were fetching at the time (AED 745). 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. 716's AED 55,000 is at the bottom 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
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
1–7 of 17

716, Marina Diamond Tower 2 in numbers

  • Sold once: by Diamond Developers on 18 October 2012 for AED 406,839, or AED 690 per sqft.
  • Rented since November 2013 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2020 and recovered to AED 55,000 by October 2022.
  • At AED 55,000 a year the gross yield on the 2012 price is 13.5%, before a service charge of about AED 10,800 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 1 October 2022.

Questions about 716, Marina Diamond Tower 2

What did unit 716 last sell for?

AED 406,839 on 18 October 2012, sold by the developer: AED 690 per sqft for 589 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 55,000 a year on the contract signed on 1 October 2022. The previous contract, from September 2020, was AED 38,000; the unit has been rented since November 2013.

How big is unit 716?

589 sqft (54.7 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2007.

What is unit 716 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 716, Marina Diamond Tower 2

Starts from the last sale price (AED 407K, 18 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 406,839
Deposit, UAE resident (20%)
AED 81,368
Deposit, non-resident (40%)
AED 162,736
Monthly over 25 years at 3.7%
AED 1,665

Plus AED 19,998 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →