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3-bed · 3,938 sqftEmirates Crown Tower, Dubai Marina · 47th floor · completed 2008

4703, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4703 · DLD and Ejari recordsUpdated 4 March 2016
Last soldAED 2.81M1 March 2010
Current rentAED 150K /yr4 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4703, Emirates Crown Tower

What is 4703 worth today?

Last sold for AED 2,811,732 in 2010

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4 Mar 2016RentedRenewal
AED 150,000/yr24 months · AED 38 per sqft
4 Mar 2014RentedRenewal
AED 150,000/yr24 months · AED 38 per sqft
4 Mar 2012RentedNew contract
AED 150,000/yr24 months · AED 38 per sqft
1 Mar 2010Sold by developerReady
AED 2,811,732AED 714 per sqft

Source: Dubai Land Department. Updated 4 March 2016.

Key facts

Type
3-bed apartment
Size
3,938 sqft
Floor
47th of 59
Parking
M-07-08
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,700 /yr
Last sold
AED 2.81M · March 2010
Building
Emirates Crown Tower

About 4703, Emirates Crown Tower

4703 is a three-bedroom apartment of 3,938 sqft on the 47th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . The developer sold it on 1 March 2010 for AED 2,811,732, or AED 714 per sqft, 12% below the AED 814 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 4 March 2016, is AED 150,000 a year: a gross yield of 5.3% on the 2010 price, before the service charge of about AED 50,700 a year.

Sales and rents for 4703 over time

Sales
Unit 4703, 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 2,811,732 (AED 714 per sqft)

4703 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4703, 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, March 2012: AED 150,000 a yearRenewal, March 2014: AED 150,000 a yearRenewal, March 2016: 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 4703 sits

All 146 3-beds →

4703 last sold in March 2010 at AED 714 per sqft, 12% below what three-beds in Emirates Crown Tower were fetching at the time (AED 814). 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. 4703'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 47th floor

All 238 units in Emirates Crown Tower
Value
47013-bedAED 3.3M · Mar 2011
47023-bedAED 3.11M · May 2009
47043-bedAED 3.9M · Dec 2022

4703, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 1 March 2010 for AED 2,811,732, or AED 714 per sqft.
  • Rented since March 2012 on 3 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 5.3%, before a service charge of about AED 50,700 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 2016.

Questions about 4703, Emirates Crown Tower

What did unit 4703 last sell for?

AED 2,811,732 on 1 March 2010, sold by the developer: AED 714 per sqft for 3,938 sqft. It is the only registered sale of the unit.

What is the rent for unit 4703?

AED 150,000 a year on the contract renewed on 4 March 2016. The previous contract, from March 2014, was AED 150,000; the unit has been rented since March 2012.

How big is unit 4703?

3,938 sqft (365.9 sqm): a three-bedroom apartment on the 47th floor of a 59-storey tower completed in 2008.

What is unit 4703 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 4703, Emirates Crown Tower

Starts from the last sale price (AED 2.81M, 1 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,811,732
Deposit, UAE resident (20%)
AED 562,346
Deposit, non-resident (40%)
AED 1,124,693
Monthly over 25 years at 3.7%
AED 11,504

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