3-bed · 3,883 sqftEmirates Crown Tower, Dubai Marina · 17th floor · completed 2008

1704, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in March 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 30 May 2020
Last soldAED 4M30 March 2014
Current rentAED 150K /yr30 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Emirates Crown Tower

What is 1704 worth today?

Last sold for AED 4,000,000 in 2014

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30 May 2020RentedNew contract
AED 150,000/yr12 months · AED 39 per sqft
13 May 2017RentedNew contract
AED 245,000/yr12 months · AED 63 per sqft
30 Mar 2014SoldReady
AED 4,000,000AED 1,030 per sqft
3 Nov 2009SoldReady
AED 2,717,939AED 700 per sqft
15 Apr 2009Sold by developerReady
AED 4,271,047AED 1,099 per sqft

Source: Dubai Land Department. Updated 30 May 2020.

Key facts

Type
3-bed apartment
Size
3,883 sqft
Floor
17th of 59
Parking
P1-09-10
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 4M · March 2014

About 1704, Emirates Crown Tower

1704 is a three-bedroom apartment of 3,883 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 30 March 2014 for AED 4,000,000, or AED 1,030 per sqft, 17% below the AED 1,248 three-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 30 May 2020, is AED 150,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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 4,271,047 (AED 1,099 per sqft)Sold, November 2009: AED 2,717,939 (AED 700 per sqft)Sold, March 2014: AED 4,000,000 (AED 1,030 per sqft)

1704 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1704, each contractTypical three-bed in Emirates Crown Tower
200K2012201620202024Typical 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, May 2017: AED 245,000 a yearNew contract, May 2020: 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 1704 sits

All 146 3-beds →

1704 last sold in March 2014 at AED 1,030 per sqft, 17% below what three-beds in Emirates Crown Tower were fetching at the time (AED 1,248). 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. 1704'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 17th floor

All 238 units in Emirates Crown Tower
Value
17013-bedAED 3.5M · Dec 2010
17023-bedAED 6.48M · Sep 2015
17033-bedAED 5.2M · Jan 2024

1704, Emirates Crown Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 4,271,047, last on 30 March 2014 for AED 4,000,000 (AED 1,030 per sqft).
  • Rented since May 2017 on 2 Ejari contracts, from AED 245,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 3.8%, 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 30 May 2020.

Questions about 1704, Emirates Crown Tower

What did unit 1704 last sell for?

AED 4,000,000 on 30 March 2014: AED 1,030 per sqft for 3,883 sqft. The unit has 3 registered sales; the first was AED 4,271,047 in April 2009.

What is the rent for unit 1704?

AED 150,000 a year on the contract signed on 30 May 2020. The previous contract, from May 2017, was AED 245,000.

How big is unit 1704?

3,883 sqft (360.7 sqm): a three-bedroom apartment on the 17th floor of a 59-storey tower completed in 2008.

What is unit 1704 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 1704, Emirates Crown Tower

Starts from the last sale price (AED 4M, 30 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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