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3-bed · 3,891 sqftEmirates Crown Tower, Dubai Marina · 22nd floor · completed 2008

2203, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 4.9M4 March 2024
Current rentAED 200K /yr30 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2203, Emirates Crown Tower

What is 2203 worth today?

Last sold for AED 4,900,000 in 2024

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4 Mar 2024SoldReady
AED 4,900,000AED 1,259 per sqft
30 Oct 2023RentedRenewal
AED 199,602/yr11 months · AED 51 per sqft
30 Oct 2022RentedRenewal
AED 180,000/yr12 months · AED 46 per sqft
30 Oct 2021RentedRenewal
AED 153,000/yr12 months · AED 39 per sqft
30 Oct 2020RentedNew contract
AED 145,000/yr12 months · AED 37 per sqft
19 Sep 2017RentedNew contract
AED 220,000/yr12 months · AED 57 per sqft
7 Sep 2016RentedNew contract
AED 205,000/yr12 months · AED 53 per sqft
10 Aug 2015RentedNew contract
AED 200,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
3-bed apartment
Size
3,891 sqft
Floor
22nd of 59
Parking
P1-47 , P1-48
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,100 /yr
Last sold
AED 4.9M · March 2024
Building
Emirates Crown Tower

About 2203, Emirates Crown Tower

2203 is a three-bedroom apartment of 3,891 sqft on the 22nd floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 4 March 2024 for AED 4,900,000, or AED 1,259 per sqft, 8% below the AED 1,362 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 30 October 2023, is AED 199,602 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 50,100 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 3,162,682 (AED 812 per sqft)Sold, June 2012: AED 3,100,000 (AED 796 per sqft)Sold, March 2024: AED 4,900,000 (AED 1,259 per sqft)

2203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2203, 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, August 2012: AED 200,000 a yearRenewal, August 2013: AED 195,276 a yearNew contract, August 2015: AED 200,000 a yearNew contract, September 2016: AED 205,000 a yearNew contract, September 2017: AED 220,000 a yearNew contract, October 2020: AED 145,000 a yearRenewal, October 2021: AED 153,000 a yearRenewal, October 2022: AED 180,000 a yearRenewal, October 2023: AED 199,602 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 2203 sits

All 146 3-beds →

2203 last sold in March 2024 at AED 1,259 per sqft, 8% below what three-beds in Emirates Crown Tower were fetching at the time (AED 1,362). 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. 2203's AED 199,602 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 22nd floor

All 238 units in Emirates Crown Tower
Value
22013-bedAED 3.34M · May 2011
22023-bedAED 5.3M · Oct 2023
22043-bedAED 4.44M · Dec 2013

2203, Emirates Crown Tower in numbers

  • Sold 3 times: first on 6 April 2009 for AED 3,162,682, last on 4 March 2024 for AED 4,900,000 (AED 1,259 per sqft).
  • Rented since August 2012 on 9 Ejari contracts. The rent fell from AED 200,000 to AED 145,000 in 2020 and recovered to AED 199,602 by October 2023.
  • At AED 199,602 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 50,100 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 4 March 2024.

Questions about 2203, Emirates Crown Tower

What did unit 2203 last sell for?

AED 4,900,000 on 4 March 2024: AED 1,259 per sqft for 3,891 sqft. The unit has 3 registered sales; the first was AED 3,162,682 in April 2009.

What is the rent for unit 2203?

AED 199,602 a year on the contract renewed on 30 October 2023. The previous contract, from October 2022, was AED 180,000; the unit has been rented since August 2012.

How big is unit 2203?

3,891 sqft (361.5 sqm): a three-bedroom apartment on the 22nd floor of a 59-storey tower completed in 2008.

What is unit 2203 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 2203, Emirates Crown Tower

Starts from the last sale price (AED 4.9M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

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