3-bed · 3,883 sqftEmirates Crown Tower, Dubai Marina · 19th floor · completed 2008

1903, Emirates Crown Tower

Sold prices and rental history: sold twice, last in December 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 8 December 2016
Last soldAED 3.8M8 December 2016
Current rentAED 240K /yr15 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Emirates Crown Tower

What is 1903 worth today?

Last sold for AED 3,800,000 in 2016

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8 Dec 2016SoldReady
AED 3,800,000AED 978 per sqft
15 Jul 2015RentedNew contract
AED 240,000/yr9 months · AED 62 per sqft
15 Jul 2014RentedNew contract
AED 242,000/yr12 months · AED 62 per sqft
15 Jul 2013RentedNew contract
AED 230,000/yr12 months · AED 59 per sqft
23 Mar 2010Sold by developerReady
AED 3,145,328AED 810 per sqft

Source: Dubai Land Department. Updated 8 December 2016.

Key facts

Type
3-bed apartment
Size
3,883 sqft
Floor
19th of 59
Parking
P1-23-24
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3.8M · December 2016

About 1903, Emirates Crown Tower

1903 is a three-bedroom apartment of 3,883 sqft on the 19th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 8 December 2016 for AED 3,800,000, or AED 978 per sqft, 6% below the AED 1,042 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 July 2015, is AED 240,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, 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, March 2010: AED 3,145,328 (AED 810 per sqft)Sold, December 2016: AED 3,800,000 (AED 978 per sqft)

1903 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1903, 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, July 2013: AED 230,000 a yearNew contract, July 2014: AED 242,000 a yearNew contract, July 2015: AED 240,000 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 1903 sits

All 146 3-beds →

1903 last sold in December 2016 at AED 978 per sqft, 6% below what three-beds in Emirates Crown Tower were fetching at the time (AED 1,042). 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. 1903's AED 240,000 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 19th floor

All 238 units in Emirates Crown Tower
Value
19013-bedAED 2.65M · Jun 2021
19023-bedAED 2.65M · Jun 2021
19043-bedAED 2.78M · Jan 2019

1903, Emirates Crown Tower in numbers

  • Sold twice: first on 23 March 2010 for AED 3,145,328, last on 8 December 2016 for AED 3,800,000 (AED 978 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 230,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2016 price is 6.3%, 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 8 December 2016.

Questions about 1903, Emirates Crown Tower

What did unit 1903 last sell for?

AED 3,800,000 on 8 December 2016: AED 978 per sqft for 3,883 sqft. The unit has 2 registered sales; the first was AED 3,145,328 in March 2010.

What is the rent for unit 1903?

AED 240,000 a year on the contract signed on 15 July 2015. The previous contract, from July 2014, was AED 242,000; the unit has been rented since July 2013.

How big is unit 1903?

3,883 sqft (360.7 sqm): a three-bedroom apartment on the 19th floor of a 59-storey tower completed in 2008.

What is unit 1903 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 1903, Emirates Crown Tower

Starts from the last sale price (AED 3.8M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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