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2-bed · 2,610 sqftEmirates Crown Tower, Dubai Marina · 10th floor · completed 2008

1002, Emirates Crown Tower

Sold prices and rental history: sold twice, last in May 2014, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 15 May 2014
Last soldAED 4.5M15 May 2014
Current rentAED 170K /yr20 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Emirates Crown Tower

What is 1002 worth today?

Last sold for AED 4,500,000 in 2014

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15 May 2014SoldReady
AED 4,500,000AED 1,723 per sqft
20 Oct 2013RentedNew contract
AED 170,000/yr12 months · AED 65 per sqft
26 May 2011Sold by developerReady
AED 2,253,930AED 863 per sqft

Source: Dubai Land Department. Updated 15 May 2014.

Key facts

Type
2-bed apartment
Size
2,610 sqft
Floor
10th of 59
Parking
B2-61
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 33,600 /yr
Last sold
AED 4.5M · May 2014
Building
Emirates Crown Tower

About 1002, Emirates Crown Tower

1002 is a two-bedroom apartment of 2,610 sqft on the 10th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 15 May 2014 for AED 4,500,000, or AED 1,723 per sqft, 45% above the AED 1,192 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2013. The current contract, signed on 20 October 2013, is AED 170,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 33,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Emirates Crown Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,087,532; 2010 AED 2,150,000; 2011 AED 2,139,272; 2012 AED 1,970,625; 2013 AED 2,600,000; 2014 AED 3,885,000; 2015 AED 2,500,000; 2016 AED 2,400,000; 2017 AED 2,500,000; 2018 AED 2,330,685; 2021 AED 1,660,805; 2022 AED 1,810,490; 2023 AED 2,720,000; 2024 AED 3,150,000; 2025 AED 3,450,000Sold by developer, May 2011: AED 2,253,930 (AED 863 per sqft)Sold, May 2014: AED 4,500,000 (AED 1,723 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Emirates Crown Tower
100K150K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 140,000; 2013 AED 150,000; 2014 AED 157,500; 2015 AED 162,500; 2016 AED 169,000; 2017 AED 160,000; 2018 AED 141,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 124,900; 2023 AED 142,500; 2024 AED 185,000; 2025 AED 190,000; 2026 AED 170,000New contract, October 2013: AED 170,000 a year

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

2-beds in Emirates Crown Tower, and where 1002 sits

All 76 2-beds →

1002 last sold in May 2014 at AED 1,723 per sqft, 45% above what two-beds in Emirates Crown Tower were fetching at the time (AED 1,192). 1002's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20253,190,000
4 Aug 20253,900,000
28 May 20253,150,000
20 May 20253,091,000
0 2-bed sales in the last 12 months

Emirates Crown Tower

Building

238 apartments, 1-bed to 5-bed over 59 floors in Dubai Marina, completed in 2008 by Vakson First Property Development . 3 sold in the last 12 months.

Typical price per sqft
AED 1,313
Typical sale
AED 5.1M
Typical rent
AED 230K /yr
Typical yield
5.0%
Emirates Crown Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 238 units in Emirates Crown Tower
Value
10012-bedAED 3.43M · Oct 2024
10032-bedAED 3.05M · Jul 2023
10042-bedAED 2.5M · Apr 2015
10052-bedAED 2.6M · Dec 2015
10062-bedAED 2.3M · Jan 2017

1002, Emirates Crown Tower in numbers

  • Sold twice: first on 26 May 2011 for AED 2,253,930, last on 15 May 2014 for AED 4,500,000 (AED 1,723 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 33,600 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 15 May 2014.

Questions about 1002, Emirates Crown Tower

What did unit 1002 last sell for?

AED 4,500,000 on 15 May 2014: AED 1,723 per sqft for 2,610 sqft. The unit has 2 registered sales; the first was AED 2,253,930 in May 2011.

What is the rent for unit 1002?

AED 170,000 a year on the contract signed on 20 October 2013.

How big is unit 1002?

2,610 sqft (242.5 sqm): a two-bedroom apartment on the 10th floor of a 59-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1002, Emirates Crown Tower

Starts from the last sale price (AED 4.5M, 15 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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