3-bed · 3,885 sqftEmirates Crown Tower, Dubai Marina · 14th floor · completed 2008

1401, Emirates Crown Tower

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 24 November 2024
Last soldAED 1.64M25 September 2011
Current rentAED 300K /yr24 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Emirates Crown Tower

What is 1401 worth today?

Last sold for AED 1,641,576 in 2011

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24 Nov 2024RentedNew contract
AED 300,000/yr36 months · AED 77 per sqft
24 Nov 2024RentedNew contract
AED 300,000/yr36 months · AED 77 per sqft
23 Oct 2023RentedNew contract
AED 300,000/yr12 months · AED 77 per sqft
19 Nov 2021RentedRenewal
AED 144,598/yr12 months · AED 37 per sqft
19 Nov 2020RentedNew contract
AED 145,000/yr12 months · AED 37 per sqft
1 Sep 2019RentedNew contract
AED 185,000/yr12 months · AED 48 per sqft
31 Oct 2014RentedNew contract
AED 295,760/yr9 months · AED 76 per sqft
25 Sep 2011SoldReady
AED 1,641,576AED 422 per sqft

Source: Dubai Land Department. Updated 24 November 2024.

Key facts

Type
3-bed apartment
Size
3,885 sqft
Floor
14th of 59
Parking
B2-84-85
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 1.64M · September 2011

About 1401, Emirates Crown Tower

1401 is a three-bedroom apartment of 3,885 sqft on the 14th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 25 September 2011 for AED 1,641,576, or AED 422 per sqft, 52% below the AED 882 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 24 November 2024, is AED 300,000 a year: a gross yield of 18.3% on the 2011 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical three-bed in Emirates Crown Tower
2.5M5M2009201420192024Typical 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, April 2010: AED 3,557,481 (AED 915 per sqft)Sold, September 2011: AED 1,641,576 (AED 422 per sqft)

1401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, each contractTypical three-bed in Emirates Crown Tower
200K300K2012201620202024Typical 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, October 2014: AED 295,760 a yearNew contract, September 2019: AED 185,000 a yearNew contract, November 2020: AED 145,000 a yearRenewal, November 2021: AED 144,598 a yearNew contract, October 2023: AED 300,000 a yearNew contract, November 2024: AED 300,000 a yearNew contract, November 2024: AED 300,000 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 1401 sits

All 146 3-beds →

1401 last sold in September 2011 at AED 422 per sqft, 52% below what three-beds in Emirates Crown Tower were fetching at the time (AED 882). 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. 1401's AED 300,000 is in the upper 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 14th floor

All 238 units in Emirates Crown Tower
Value
14023-bedAED 3.39M · Aug 2011
14033-bedAED 2.89M · Feb 2012
14043-bedAED 2.7M · May 2021

1401, Emirates Crown Tower in numbers

  • Sold twice: first on 27 April 2010 for AED 3,557,481, last on 25 September 2011 for AED 1,641,576 (AED 422 per sqft).
  • Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 295,760 to AED 144,598 in 2021 and recovered to AED 300,000 by November 2024.
  • At AED 300,000 a year the gross yield on the 2011 price is 18.3%, 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 24 November 2024.

Questions about 1401, Emirates Crown Tower

What did unit 1401 last sell for?

AED 1,641,576 on 25 September 2011: AED 422 per sqft for 3,885 sqft. The unit has 2 registered sales; the first was AED 3,557,481 in April 2010.

What is the rent for unit 1401?

AED 300,000 a year on the contract signed on 24 November 2024. The previous contract, from November 2024, was AED 300,000; the unit has been rented since October 2014.

How big is unit 1401?

3,885 sqft (360.9 sqm): a three-bedroom apartment on the 14th floor of a 59-storey tower completed in 2008.

What is unit 1401 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 1401, Emirates Crown Tower

Starts from the last sale price (AED 1.64M, 25 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,641,576
Deposit, UAE resident (20%)
AED 328,315
Deposit, non-resident (40%)
AED 656,630
Monthly over 25 years at 3.7%
AED 6,716

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