2-bed · 2,456 sqftEmirates Crown Tower, Dubai Marina · 12th floor · completed 2008

1201, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.79M2 July 2012
Current rentAED 114K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Emirates Crown Tower

What is 1201 worth today?

Last sold for AED 1,790,000 in 2012

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1 Aug 2024RentedRenewal
AED 113,999/yr12 months · AED 46 per sqft
1 Aug 2024RentedRenewal
AED 113,999/yr12 months · AED 46 per sqft
1 Aug 2023RentedRenewal
AED 103,635/yr12 months · AED 42 per sqft
1 Aug 2022RentedRenewal
AED 98,700/yr12 months · AED 40 per sqft
1 Aug 2021RentedRenewal
AED 94,000/yr12 months · AED 38 per sqft
1 Aug 2020RentedNew contract
AED 94,000/yr12 months · AED 38 per sqft
20 Jun 2019RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
19 May 2018RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
2,456 sqft
Floor
12th of 59
Parking
B2-72
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 31,600 /yr
Last sold
AED 1.79M · July 2012

About 1201, Emirates Crown Tower

1201 is a two-bedroom apartment of 2,456 sqft on the 12th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 2 July 2012 for AED 1,790,000, or AED 728 per sqft, 9% above the AED 669 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 113,999 a year: a gross yield of 6.4% on the 2012 price, before the service charge of about AED 31,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, December 2009: AED 2,725,633 (AED 1,109 per sqft)Sold, June 2012: AED 1,565,000 (AED 637 per sqft)Sold, July 2012: AED 1,790,000 (AED 728 per sqft)

1201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Emirates Crown Tower
100K200K20112015201920232027Typical 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, September 2013: AED 125,000 a yearNew contract, September 2014: AED 65,625 a yearNew contract, September 2015: AED 160,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, May 2018: AED 135,000 a yearNew contract, June 2019: AED 115,000 a yearNew contract, August 2020: AED 94,000 a yearRenewal, August 2021: AED 94,000 a yearRenewal, August 2022: AED 98,700 a yearRenewal, August 2023: AED 103,635 a yearRenewal, August 2024: AED 113,999 a yearRenewal, August 2024: AED 113,999 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 1201 sits

All 76 2-beds →

1201 last sold in July 2012 at AED 728 per sqft, 9% above what two-beds in Emirates Crown Tower were fetching at the time (AED 669). 1201's AED 113,999 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 12th floor

All 238 units in Emirates Crown Tower
Value
12022-bedAED 4.9M · Feb 2023
12032-bedAED 2.78M · May 2022
12042-bedAED 2.34M · Feb 2018
12052-bedAED 1.76M · May 2010
12062-bedAED 1.76M · May 2010

1201, Emirates Crown Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 2,725,633, last on 2 July 2012 for AED 1,790,000 (AED 728 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 65,625 in 2014 and recovered to AED 113,999 by August 2024.
  • At AED 113,999 a year the gross yield on the 2012 price is 6.4%, before a service charge of about AED 31,600 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 1201, Emirates Crown Tower

What did unit 1201 last sell for?

AED 1,790,000 on 2 July 2012: AED 728 per sqft for 2,456 sqft. The unit has 3 registered sales; the first was AED 2,725,633 in December 2009.

What is the rent for unit 1201?

AED 113,999 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 113,999; the unit has been rented since September 2013.

How big is unit 1201?

2,456 sqft (228.2 sqm): a two-bedroom apartment on the 12th floor of a 59-storey tower completed in 2008.

What is unit 1201 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 1201, Emirates Crown Tower

Starts from the last sale price (AED 1.79M, 2 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,000
Deposit, UAE resident (20%)
AED 358,000
Deposit, non-resident (40%)
AED 716,000
Monthly over 25 years at 3.7%
AED 7,323

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