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

4704, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 3.9M22 December 2022
Current rentAED 171K /yr5 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Emirates Crown Tower

What is 4704 worth today?

Last sold for AED 3,900,000 in 2022

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22 Dec 2022SoldReady
AED 3,900,000AED 990 per sqft
5 May 2022RentedRenewal
AED 170,500/yr12 months · AED 43 per sqft
5 May 2021RentedNew contract
AED 155,000/yr12 months · AED 39 per sqft
10 Mar 2019RentedNew contract
AED 180,000/yr24 months · AED 46 per sqft
27 May 2012SoldReady
AED 3,300,000AED 837 per sqft
30 Jun 2010Sold by developerReady
AED 2,300,000AED 584 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
3-bed apartment
Size
3,938 sqft
Floor
47th of 59
Parking
M-09-10
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,700 /yr
Last sold
AED 3.9M · December 2022

About 4704, Emirates Crown Tower

4704 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 . It last sold on 22 December 2022 for AED 3,900,000, or AED 990 per sqft, in line with the AED 1,003 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 5 May 2022, is AED 170,500 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 50,700 a year.

Sales and rents for 4704 over time

Sales
Unit 4704, 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 2010: AED 2,300,000 (AED 584 per sqft)Sold, May 2012: AED 3,300,000 (AED 837 per sqft)Sold, December 2022: AED 3,900,000 (AED 990 per sqft)

4704 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4704, 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 2019: AED 180,000 a yearNew contract, May 2021: AED 155,000 a yearRenewal, May 2022: AED 170,500 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 4704 sits

All 146 3-beds →

4704 last sold in December 2022 at AED 990 per sqft, in line with what three-beds in Emirates Crown Tower were fetching at the time (AED 1,003). 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. 4704's AED 170,500 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
47033-bedAED 2.81M · Mar 2010

4704, Emirates Crown Tower in numbers

  • Sold 3 times: first on 30 June 2010 for AED 2,300,000, last on 22 December 2022 for AED 3,900,000 (AED 990 per sqft).
  • Rented since March 2019 on 3 Ejari contracts, from AED 180,000 to AED 170,500 a year.
  • At AED 170,500 a year the gross yield on the 2022 price is 4.4%, 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 22 December 2022.

Questions about 4704, Emirates Crown Tower

What did unit 4704 last sell for?

AED 3,900,000 on 22 December 2022: AED 990 per sqft for 3,938 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in June 2010.

What is the rent for unit 4704?

AED 170,500 a year on the contract renewed on 5 May 2022. The previous contract, from May 2021, was AED 155,000; the unit has been rented since March 2019.

How big is unit 4704?

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 4704 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 4704, Emirates Crown Tower

Starts from the last sale price (AED 3.9M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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