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3-bed · 3,885 sqftEmirates Crown Tower, Dubai Marina · 15th floor · completed 2008

1503, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in November 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 3 November 2009
Last soldAED 2.77M3 November 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Emirates Crown Tower

What is 1503 worth today?

Last sold for AED 2,774,201 in 2009

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3 Nov 2009Sold by developerReady
AED 2,774,201AED 714 per sqft

Source: Dubai Land Department. Updated 3 November 2009.

Key facts

Type
3-bed apartment
Size
3,885 sqft
Floor
15th of 59
Parking
B1-59-60
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 2.77M · November 2009
Building
Emirates Crown Tower

About 1503, Emirates Crown Tower

1503 is a three-bedroom apartment of 3,885 sqft on the 15th 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 3 November 2009 for AED 2,774,201, or AED 714 per sqft, 13% below the AED 824 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, November 2009: AED 2,774,201 (AED 714 per sqft)

1503 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1503, 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 250,000

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 1503 sits

All 146 3-beds →

1503 last sold in November 2009 at AED 714 per sqft, 13% 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.

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 15th floor

All 238 units in Emirates Crown Tower
Value
15013-bedAED 3.35M · Dec 2010
15023-bedAED 3.4M · Jul 2011
15043-bedAED 2.6M · Sep 2021

1503, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 3 November 2009 for AED 2,774,201, or AED 714 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 3 November 2009.

Questions about 1503, Emirates Crown Tower

What did unit 1503 last sell for?

AED 2,774,201 on 3 November 2009, sold by the developer: AED 714 per sqft for 3,885 sqft. It is the only registered sale of the unit.

How big is unit 1503?

3,885 sqft (360.9 sqm): a three-bedroom apartment on the 15th floor of a 59-storey tower completed in 2008.

What is unit 1503 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 1503, Emirates Crown Tower

Starts from the last sale price (AED 2.77M, 3 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,774,201
Deposit, UAE resident (20%)
AED 554,840
Deposit, non-resident (40%)
AED 1,109,680
Monthly over 25 years at 3.7%
AED 11,350

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