3-bed · 3,881 sqftEmirates Crown Tower, Dubai Marina · 29th floor · completed 2008

2902, Emirates Crown Tower

Sold prices and rental history: sold twice, last in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 20 November 2022
Last soldAED 3.3M20 July 2009
Current rentAED 148K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Emirates Crown Tower

What is 2902 worth today?

Last sold for AED 3,300,000 in 2009

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20 Nov 2022RentedRenewal
AED 148,000/yr12 months · AED 38 per sqft
20 Nov 2021RentedRenewal
AED 148,000/yr12 months · AED 38 per sqft
20 Nov 2020RentedNew contract
AED 148,000/yr12 months · AED 38 per sqft
24 May 2019RentedRenewal
AED 245,000/yr12 months · AED 63 per sqft
24 May 2018RentedRenewal
AED 255,000/yr12 months · AED 66 per sqft
24 May 2017RentedNew contract
AED 255,000/yr12 months · AED 66 per sqft
5 Oct 2015RentedRenewal
AED 220,035/yr12 months · AED 57 per sqft
5 Oct 2014RentedNew contract
AED 220,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 November 2022.

Key facts

Type
3-bed apartment
Size
3,881 sqft
Floor
29th of 59
Parking
P2-10-11
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 49,900 /yr
Last sold
AED 3.3M · July 2009

About 2902, Emirates Crown Tower

2902 is a three-bedroom apartment of 3,881 sqft on the 29th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 20 July 2009 for AED 3,300,000, or AED 850 per sqft, in line with the AED 874 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 148,000 a year: a gross yield of 4.5% on the 2009 price, before the service charge of about AED 49,900 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, June 2009: AED 2,991,565 (AED 770 per sqft)Sold, July 2009: AED 3,300,000 (AED 850 per sqft)

2902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2902, 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, October 2014: AED 220,000 a yearRenewal, October 2015: AED 220,035 a yearNew contract, May 2017: AED 255,000 a yearRenewal, May 2018: AED 255,000 a yearRenewal, May 2019: AED 245,000 a yearNew contract, November 2020: AED 148,000 a yearRenewal, November 2021: AED 148,000 a yearRenewal, November 2022: AED 148,000 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 2902 sits

All 146 3-beds →

2902 last sold in July 2009 at AED 850 per sqft, in line with what three-beds in Emirates Crown Tower were fetching at the time (AED 874). 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. 2902's AED 148,000 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 29th floor

All 238 units in Emirates Crown Tower
Value
29013-bedAED 2.99M · Oct 2009
29033-bedAED 3M · Mar 2012
29043-bedAED 3.2M · Jul 2012

2902, Emirates Crown Tower in numbers

  • Sold twice: first on 9 June 2009 for AED 2,991,565, last on 20 July 2009 for AED 3,300,000 (AED 850 per sqft).
  • Rented since October 2014 on 8 Ejari contracts, from AED 220,000 to AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2009 price is 4.5%, 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 20 November 2022.

Questions about 2902, Emirates Crown Tower

What did unit 2902 last sell for?

AED 3,300,000 on 20 July 2009: AED 850 per sqft for 3,881 sqft. The unit has 2 registered sales; the first was AED 2,991,565 in June 2009.

What is the rent for unit 2902?

AED 148,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 148,000; the unit has been rented since October 2014.

How big is unit 2902?

3,881 sqft (360.6 sqm): a three-bedroom apartment on the 29th floor of a 59-storey tower completed in 2008.

What is unit 2902 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 2902, Emirates Crown Tower

Starts from the last sale price (AED 3.3M, 20 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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