3-bed · 3,885 sqftEmirates Crown Tower, Dubai Marina · 35th floor · completed 2008

3503, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 3.3M7 September 2022
Current rentAED 161K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Emirates Crown Tower

What is 3503 worth today?

Last sold for AED 3,300,000 in 2022

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1 Jul 2023RentedNew contract
AED 161,194/yr2 months · AED 41 per sqft
7 Sep 2022SoldReady
AED 3,300,000AED 849 per sqft
1 Jul 2022RentedRenewal
AED 150,000/yr12 months · AED 39 per sqft
1 Jul 2021RentedNew contract
AED 150,000/yr12 months · AED 39 per sqft
10 Feb 2020RentedRenewal
AED 170,000/yr12 months · AED 44 per sqft
10 Feb 2019RentedNew contract
AED 180,000/yr12 months · AED 46 per sqft
21 Feb 2017RentedRenewal
AED 214,000/yr12 months · AED 55 per sqft
23 Feb 2016RentedRenewal
AED 215,157/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
3-bed apartment
Size
3,885 sqft
Floor
35th of 59
Parking
P2-57-58
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3.3M · September 2022

About 3503, Emirates Crown Tower

3503 is a three-bedroom apartment of 3,885 sqft on the 35th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 7 September 2022 for AED 3,300,000, or AED 849 per sqft, 10% below the AED 947 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2023, is AED 161,194 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 50,000 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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 3,788,012 (AED 975 per sqft)Sold, October 2009: AED 2,500,000 (AED 643 per sqft)Sold, September 2022: AED 3,300,000 (AED 849 per sqft)

3503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3503, 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, February 2015: AED 214,000 a yearRenewal, February 2016: AED 215,157 a yearRenewal, February 2017: AED 214,000 a yearNew contract, February 2019: AED 180,000 a yearRenewal, February 2020: AED 170,000 a yearNew contract, July 2021: AED 150,000 a yearRenewal, July 2022: AED 150,000 a yearNew contract, July 2023: AED 161,194 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 3503 sits

All 146 3-beds →

3503 last sold in September 2022 at AED 849 per sqft, 10% below what three-beds in Emirates Crown Tower were fetching at the time (AED 947). 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. 3503's AED 161,194 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 35th floor

All 238 units in Emirates Crown Tower
Value
35013-bedAED 5.5M · Sep 2024
35023-bedAED 6M · Apr 2016
35043-bedAED 2.9M · May 2012

3503, Emirates Crown Tower in numbers

  • Sold 3 times: first on 8 April 2009 for AED 3,788,012, last on 7 September 2022 for AED 3,300,000 (AED 849 per sqft).
  • Rented since February 2015 on 8 Ejari contracts, from AED 214,000 to AED 161,194 a year.
  • At AED 161,194 a year the gross yield on the 2022 price is 4.9%, 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 1 July 2023.

Questions about 3503, Emirates Crown Tower

What did unit 3503 last sell for?

AED 3,300,000 on 7 September 2022: AED 849 per sqft for 3,885 sqft. The unit has 3 registered sales; the first was AED 3,788,012 in April 2009.

What is the rent for unit 3503?

AED 161,194 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 150,000; the unit has been rented since February 2015.

How big is unit 3503?

3,885 sqft (360.9 sqm): a three-bedroom apartment on the 35th floor of a 59-storey tower completed in 2008.

What is unit 3503 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 3503, Emirates Crown Tower

Starts from the last sale price (AED 3.3M, 7 September 2022). 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 →