Studio · 446 sqftMarina Diamond Tower 3, Dubai Marina · 7th floor · completed 2007

707, Marina Diamond Tower 3

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

Unit 707 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 370K9 October 2008
Current rentAED 53K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Marina Diamond Tower 3

What is 707 worth today?

Last sold for AED 370,180 in 2008

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21 Nov 2024RentedNew contract
AED 53,130/yr12 months · AED 120 per sqft
21 Nov 2023RentedRenewal
AED 44,275/yr12 months · AED 100 per sqft
21 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
21 Nov 2020RentedRenewal
AED 36,000/yr12 months · AED 82 per sqft
21 Nov 2018RentedNew contract
AED 52,000/yr12 months · AED 118 per sqft
15 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
24 Nov 2012RentedNew contract
AED 46,000/yr12 months · AED 104 per sqft
9 Oct 2008Sold by developerReady
AED 370,180AED 830 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
7th of 14
Parking
61 B2
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,300 /yr
Last sold
AED 370K · October 2008

About 707, Marina Diamond Tower 3

707 is a studio of 446 sqft on the 7th floor of Marina Diamond Tower 3, a 14-storey tower in Dubai Marina completed in 2007 by Diamond Developers. The developer sold it on 9 October 2008 for AED 370,180, or AED 830 per sqft, in line with the AED 821 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 21 November 2024, is AED 53,130 a year: a gross yield of 14.3% on the 2008 price, before the service charge of about AED 8,300 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Marina Diamond Tower 3
400K600K800K2008201320182023Typical sale price by year: 2008 AED 363,256; 2009 AED 369,914; 2010 AED 399,100; 2011 AED 400,000; 2012 AED 415,971; 2013 AED 545,000; 2014 AED 720,000; 2015 AED 625,000; 2016 AED 660,000; 2017 AED 722,500; 2018 AED 500,000; 2019 AED 522,500; 2021 AED 440,000; 2022 AED 480,000; 2023 AED 567,500; 2024 AED 675,000; 2025 AED 750,000Sold by developer, October 2008: AED 370,180 (AED 830 per sqft)

707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Marina Diamond Tower 3
40K60K20112015201920232027Typical rent by year: 2011 AED 34,000; 2012 AED 43,000; 2013 AED 53,250; 2014 AED 60,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 58,125; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,500; 2021 AED 34,000; 2022 AED 40,000; 2023 AED 48,933; 2024 AED 55,500; 2025 AED 60,000; 2026 AED 63,000New contract, November 2012: AED 46,000 a yearNew contract, November 2017: AED 55,000 a yearNew contract, November 2018: AED 52,000 a yearRenewal, November 2020: AED 36,000 a yearRenewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 44,275 a yearNew contract, November 2024: AED 53,130 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 3, and where 707 sits

All 88 studios →

707 last sold in October 2008 at AED 830 per sqft, in line with what studios in Marina Diamond Tower 3 were fetching at the time (AED 821). Over the last 12 months studios sold for AED 768,923 to 790,000, around AED 1,724 per sqft, and rent for AED 47,355 to 70,000 a year. 707's AED 53,130 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Dec 2025790,000
22 Dec 2025768,923
11 Dec 2025786,990
29 May 2025750,000
3 studio sales in the last 12 months

Marina Diamond Tower 3

Building

203 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2007 by Diamond Developers. 5 sold in the last 12 months.

Typical price per sqft
AED 1,442
Typical sale
AED 790K
Typical rent
AED 71K /yr
Typical yield
8.0%
Marina Diamond Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 203 units in Marina Diamond Tower 3
Value
7012-bedAED 890K · Jul 2013
7022-bedAED 900K · Sep 2012
703StudioAED 750K · May 2025
704StudioAED 660K · Dec 2023
705StudioAED 675K · Oct 2024
706StudioAED 440K · Jun 2021
708StudioAED 740K · Sep 2024
1–7 of 13

707, Marina Diamond Tower 3 in numbers

  • Sold once: by Diamond Developers on 9 October 2008 for AED 370,180, or AED 830 per sqft.
  • Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 36,000 in 2020 and recovered to AED 53,130 by November 2024.
  • At AED 53,130 a year the gross yield on the 2008 price is 14.3%, before a service charge of about AED 8,300 a year (AED 18.60 per sqft).
  • Studios in Marina Diamond Tower 3 sold for AED 768,923–790,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

Questions about 707, Marina Diamond Tower 3

What did unit 707 last sell for?

AED 370,180 on 9 October 2008, sold by the developer: AED 830 per sqft for 446 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 53,130 a year on the contract signed on 21 November 2024. The previous contract, from November 2023, was AED 44,275; the unit has been rented since November 2012.

How big is unit 707?

446 sqft (41.4 sqm): a studio on the 7th floor of a 14-storey tower completed in 2007.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 3 sold for AED 768,923 to 790,000 in the last 12 months, around AED 1,724 per sqft.

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Mortgage on 707, Marina Diamond Tower 3

Starts from the last sale price (AED 370K, 9 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 370,180
Deposit, UAE resident (20%)
AED 74,036
Deposit, non-resident (40%)
AED 148,072
Monthly over 25 years at 3.7%
AED 1,515

Plus AED 18,457 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →