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3-bed · 3,882 sqftEmirates Crown Tower, Dubai Marina · 13th floor · completed 2008

1303, Emirates Crown Tower

Sold prices and rental history: sold twice, last in May 2012, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 1 January 2013
Last soldAED 2.9M9 May 2012
Current rentAED 170K /yr1 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1303, Emirates Crown Tower

What is 1303 worth today?

Last sold for AED 2,900,000 in 2012

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1 Jan 2013RentedNew contract
AED 170,000/yr13 months · AED 44 per sqft
9 May 2012SoldReady
AED 2,900,000AED 747 per sqft
12 Aug 2010Sold by developerReady
AED 2,300,000AED 592 per sqft

Source: Dubai Land Department. Updated 1 January 2013.

Key facts

Type
3-bed apartment
Size
3,882 sqft
Floor
13th of 59
Parking
B2-82
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 2.9M · May 2012
Building
Emirates Crown Tower

About 1303, Emirates Crown Tower

1303 is a three-bedroom apartment of 3,882 sqft on the 13th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 9 May 2012 for AED 2,900,000, or AED 747 per sqft, 9% below the AED 824 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2013. The current contract, signed on 1 January 2013, is AED 170,000 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, August 2010: AED 2,300,000 (AED 592 per sqft)Sold, May 2012: AED 2,900,000 (AED 747 per sqft)

1303 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1303, each contractTypical three-bed in Emirates Crown Tower
150K200K250K2012201620202024Typical 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, January 2013: AED 170,000 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 1303 sits

All 146 3-beds →

1303 last sold in May 2012 at AED 747 per sqft, 9% below what three-beds in Emirates Crown Tower were fetching at the time (AED 824). 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. 1303's AED 170,000 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
13013-bedAED 3.41M · Jun 2009
13023-bedAED 3.9M · Mar 2022
13043-bedAED 3.5M · May 2013

1303, Emirates Crown Tower in numbers

  • Sold twice: first on 12 August 2010 for AED 2,300,000, last on 9 May 2012 for AED 2,900,000 (AED 747 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2012 price is 5.9%, 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 1 January 2013.

Questions about 1303, Emirates Crown Tower

What did unit 1303 last sell for?

AED 2,900,000 on 9 May 2012: AED 747 per sqft for 3,882 sqft. The unit has 2 registered sales; the first was AED 2,300,000 in August 2010.

What is the rent for unit 1303?

AED 170,000 a year on the contract signed on 1 January 2013.

How big is unit 1303?

3,882 sqft (360.6 sqm): a three-bedroom apartment on the 13th floor of a 59-storey tower completed in 2008.

What is unit 1303 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 1303, Emirates Crown Tower

Starts from the last sale price (AED 2.9M, 9 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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