2-bed · 2,615 sqftEmirates Crown Tower, Dubai Marina · 12th floor · completed 2008

1203, Emirates Crown Tower

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 30 May 2022
Last soldAED 2.78M30 May 2022
Current rentAED 130K /yr19 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Emirates Crown Tower

What is 1203 worth today?

Last sold for AED 2,780,000 in 2022

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30 May 2022SoldReady
AED 2,780,000AED 1,063 per sqft
19 Mar 2022RentedRenewal
AED 130,000/yr12 months · AED 50 per sqft
19 Mar 2021RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
20 Mar 2020RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
18 Oct 2018RentedNew contract
AED 142,000/yr12 months · AED 54 per sqft
27 May 2013RentedNew contract
AED 165,000/yr12 months · AED 63 per sqft
18 May 2009Sold by developerReady
AED 2,031,500AED 776 per sqft

Source: Dubai Land Department. Updated 30 May 2022.

Key facts

Type
2-bed apartment
Size
2,615 sqft
Floor
12th of 59
Parking
B2-74
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 33,700 /yr
Last sold
AED 2.78M · May 2022

About 1203, Emirates Crown Tower

1203 is a two-bedroom apartment of 2,615 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 30 May 2022 for AED 2,780,000, or AED 1,063 per sqft, 46% above the AED 726 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 19 March 2022, is AED 130,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 33,700 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 2009: AED 2,031,500 (AED 776 per sqft)Sold, May 2022: AED 2,780,000 (AED 1,063 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, 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, May 2013: AED 165,000 a yearNew contract, October 2018: AED 142,000 a yearNew contract, March 2020: AED 120,000 a yearNew contract, March 2021: AED 120,000 a yearRenewal, March 2022: AED 130,000 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 1203 sits

All 76 2-beds →

1203 last sold in May 2022 at AED 1,063 per sqft, 46% above what two-beds in Emirates Crown Tower were fetching at the time (AED 726). 1203's AED 130,000 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 12th floor

All 238 units in Emirates Crown Tower
Value
12012-bedAED 1.79M · Jul 2012
12022-bedAED 4.9M · Feb 2023
12042-bedAED 2.34M · Feb 2018
12052-bedAED 1.76M · May 2010
12062-bedAED 1.76M · May 2010

1203, Emirates Crown Tower in numbers

  • Sold twice: first on 18 May 2009 for AED 2,031,500, last on 30 May 2022 for AED 2,780,000 (AED 1,063 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 165,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 33,700 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 30 May 2022.

Questions about 1203, Emirates Crown Tower

What did unit 1203 last sell for?

AED 2,780,000 on 30 May 2022: AED 1,063 per sqft for 2,615 sqft. The unit has 2 registered sales; the first was AED 2,031,500 in May 2009.

What is the rent for unit 1203?

AED 130,000 a year on the contract renewed on 19 March 2022. The previous contract, from March 2021, was AED 120,000; the unit has been rented since May 2013.

How big is unit 1203?

2,615 sqft (242.9 sqm): a two-bedroom apartment on the 12th floor of a 59-storey tower completed in 2008.

What is unit 1203 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 1203, Emirates Crown Tower

Starts from the last sale price (AED 2.78M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

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