3-bed · 3,885 sqftEmirates Crown Tower, Dubai Marina · 13th floor · completed 2008

1301, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 3.41M9 June 2009
Current rentAED 150K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Emirates Crown Tower

What is 1301 worth today?

Last sold for AED 3,413,127 in 2009

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15 Sep 2023RentedNew contract
AED 150,000/yr36 months · AED 39 per sqft
4 Jul 2022RentedNew contract
AED 150,000/yr12 months · AED 39 per sqft
6 Dec 2021RentedNew contract
AED 672,000/yr12 months · AED 173 per sqft
29 Sep 2016RentedNew contract
AED 120,000/yr24 months · AED 31 per sqft
1 Feb 2012RentedNew contract
AED 330,000/yr36 months · AED 85 per sqft
9 Jun 2009Sold by developerReady
AED 3,413,127AED 878 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
3-bed apartment
Size
3,885 sqft
Floor
13th of 59
Parking
B2-69.78.79
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3.41M · June 2009

About 1301, Emirates Crown Tower

1301 is a three-bedroom apartment of 3,885 sqft on the 13th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . The developer sold it on 9 June 2009 for AED 3,413,127, or AED 878 per sqft, in line with the AED 874 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 15 September 2023, is AED 150,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical three-bed in Emirates Crown Tower
2M4M6M2009201420192024Typical sale price by year: 2009 AED 3,164,022; 2010 AED 3,145,328; 2011 AED 3,510,681; 2012 AED 3,200,000; 2013 AED 4,475,000; 2014 AED 6,500,000; 2015 AED 4,350,000; 2016 AED 4,000,000; 2017 AED 4,312,500; 2018 AED 3,900,000; 2019 AED 3,550,000; 2020 AED 2,435,000; 2021 AED 2,900,000; 2022 AED 3,900,000; 2023 AED 5,300,000; 2024 AED 5,450,000; 2025 AED 5,200,003Sold by developer, June 2009: AED 3,413,127 (AED 878 per sqft)

1301 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, each contractTypical three-bed in Emirates Crown Tower
500K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 220,000; 2014 AED 241,000; 2015 AED 250,000; 2016 AED 240,834; 2017 AED 238,000; 2018 AED 205,000; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 165,000; 2022 AED 180,000; 2023 AED 225,000; 2024 AED 262,500; 2025 AED 275,000; 2026 AED 250,000New contract, February 2012: AED 330,000 a yearNew contract, September 2016: AED 120,000 a yearNew contract, December 2021: AED 672,000 a yearNew contract, July 2022: AED 150,000 a yearNew contract, September 2023: AED 150,000 a year

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

3-beds in Emirates Crown Tower, and where 1301 sits

All 146 3-beds →

1301 last sold in June 2009 at AED 878 per sqft, in line with what three-beds in Emirates Crown Tower were fetching at the time (AED 874). Over the last 12 months three-beds sold for AED 4,850,000 to 6,150,000, around AED 1,313 per sqft, and rent for AED 110,000 to 450,000 a year. 1301's AED 150,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Oct 20264,850,000
17 Jul 20265,100,000
11 Dec 20256,150,000
24 Sep 20255,200,001
3 3-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 13th floor

All 238 units in Emirates Crown Tower
Value
13023-bedAED 3.9M · Mar 2022
13033-bedAED 2.9M · May 2012
13043-bedAED 3.5M · May 2013

1301, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 9 June 2009 for AED 3,413,127, or AED 878 per sqft.
  • Rented since February 2012 on 5 Ejari contracts. The rent fell from AED 330,000 to AED 120,000 in 2016 and recovered to AED 150,000 by September 2023.
  • At AED 150,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 50,000 a year (AED 12.87 per sqft).
  • Three-beds in Emirates Crown Tower sold for AED 4,850,000–6,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,313 per sqft.

Source: Dubai Land Department. Updated 15 September 2023.

Questions about 1301, Emirates Crown Tower

What did unit 1301 last sell for?

AED 3,413,127 on 9 June 2009, sold by the developer: AED 878 per sqft for 3,885 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 150,000 a year on the contract signed on 15 September 2023. The previous contract, from July 2022, was AED 150,000; the unit has been rented since February 2012.

How big is unit 1301?

3,885 sqft (360.9 sqm): a three-bedroom apartment on the 13th floor of a 59-storey tower completed in 2008.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Emirates Crown Tower sold for AED 4,850,000 to 6,150,000 in the last 12 months, around AED 1,313 per sqft.

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Mortgage on 1301, Emirates Crown Tower

Starts from the last sale price (AED 3.41M, 9 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,413,127
Deposit, UAE resident (20%)
AED 682,625
Deposit, non-resident (40%)
AED 1,365,251
Monthly over 25 years at 3.7%
AED 13,964

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