We observe the magnetar CXOU J171405.7-381031 with XMM-Newton and obtain the most reliable X-ray spectral parameters for this magnetar. After removing the flux from the surrounding supernova remnant CTB~37B, the radiation of CXOU J171405.7-381031 is best described by a two-component model, consisting of a blackbody and power law. We obtain a blackbody temperature of 0.58^{+0.03}_{-0.03} keV, photon index of 2.15^{+0.62}_{-0.68}, and unabsorbed 2-10 keV flux of 2.33^{+0.02}_{-0.02} x 10^{-12} erg cm^{-2} s^{-1}. These new parameters enable us to compare CXOU 171405.7-381031 with other magnetars, and it is found that the luminosity, temperature and the photon index of CXOU J171405.7-381031 are aligned with the known trend among the magnetar population with a slightly higher temperature, which could be caused by its young age. All the magnetars with a spin-down age of less than 1~kyr show time variation or bursts except for CXOU J171405.7-381031. We explore the time variability for ten observations in between 2006 and 2015, but there is no variation larger than sim 10%.
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