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3-bed · 3,876 sqftEmirates Crown Tower, Dubai Marina · 17th floor · completed 2008

1703, Emirates Crown Tower

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 5.2M31 January 2024
Current rentAED 282K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1703, Emirates Crown Tower

What is 1703 worth today?

Last sold for AED 5,200,000 in 2024

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1 Jun 2024RentedNew contract
AED 281,931/yr3 months · AED 73 per sqft
1 Jun 2024RentedNew contract
AED 281,931/yr3 months · AED 73 per sqft
31 Jan 2024SoldReady
AED 5,200,000AED 1,341 per sqft
1 Jun 2023RentedNew contract
AED 255,000/yr12 months · AED 66 per sqft
15 Jan 2021RentedNew contract
AED 147,500/yr13 months · AED 38 per sqft
1 Oct 2018RentedRenewal
AED 187,500/yr12 months · AED 48 per sqft
1 Oct 2017RentedNew contract
AED 200,000/yr12 months · AED 52 per sqft
1 Oct 2016RentedNew contract
AED 200,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
3-bed apartment
Size
3,876 sqft
Floor
17th of 59
Parking
P1-07 , P1-08
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 49,900 /yr
Last sold
AED 5.2M · January 2024
Building
Emirates Crown Tower

About 1703, Emirates Crown Tower

1703 is a three-bedroom apartment of 3,876 sqft on the 17th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 31 January 2024 for AED 5,200,000, or AED 1,341 per sqft, in line with the AED 1,364 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 June 2024, is AED 281,931 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 49,900 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, April 2009: AED 4,263,468 (AED 1,099 per sqft)Sold, January 2024: AED 5,200,000 (AED 1,341 per sqft)

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, 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, September 2012: AED 272,000 a yearNew contract, September 2013: AED 220,000 a yearRenewal, September 2014: AED 220,000 a yearNew contract, October 2016: AED 200,000 a yearNew contract, October 2017: AED 200,000 a yearRenewal, October 2018: AED 187,500 a yearNew contract, January 2021: AED 147,500 a yearNew contract, June 2023: AED 255,000 a yearNew contract, June 2024: AED 281,931 a yearNew contract, June 2024: AED 281,931 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 1703 sits

All 146 3-beds →

1703 last sold in January 2024 at AED 1,341 per sqft, in line with what three-beds in Emirates Crown Tower were fetching at the time (AED 1,364). 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. 1703's AED 281,931 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 17th floor

All 238 units in Emirates Crown Tower
Value
17013-bedAED 3.5M · Dec 2010
17023-bedAED 6.48M · Sep 2015
17043-bedAED 4M · Mar 2014

1703, Emirates Crown Tower in numbers

  • Sold twice: first on 15 April 2009 for AED 4,263,468, last on 31 January 2024 for AED 5,200,000 (AED 1,341 per sqft).
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 272,000 to AED 147,500 in 2021 and recovered to AED 281,931 by June 2024.
  • At AED 281,931 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 49,900 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 June 2024.

Questions about 1703, Emirates Crown Tower

What did unit 1703 last sell for?

AED 5,200,000 on 31 January 2024: AED 1,341 per sqft for 3,876 sqft. The unit has 2 registered sales; the first was AED 4,263,468 in April 2009.

What is the rent for unit 1703?

AED 281,931 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 281,931; the unit has been rented since September 2012.

How big is unit 1703?

3,876 sqft (360.1 sqm): a three-bedroom apartment on the 17th floor of a 59-storey tower completed in 2008.

What is unit 1703 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 1703, Emirates Crown Tower

Starts from the last sale price (AED 5.2M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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