5-bed · 7,686 sqftEmirates Crown Tower, Dubai Marina · 50th floor · completed 2008

5002, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5002 · DLD and Ejari recordsUpdated 15 December 2013
Last soldAED 16.7M15 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Emirates Crown Tower

What is 5002 worth today?

Last sold for AED 16,700,000 in 2013

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15 Dec 2013SoldReady
AED 16,700,000AED 2,172 per sqft
6 Jul 2011SoldReady
AED 14,000,000AED 1,821 per sqft
5 Aug 2009Sold by developerReady
AED 8,053,085AED 1,047 per sqft

Source: Dubai Land Department. Updated 15 December 2013.

Key facts

Type
5-bed apartment
Size
7,686 sqft
Floor
50th of 59
Parking
B1-09-10
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 98,900 /yr
Last sold
AED 16.7M · December 2013

About 5002, Emirates Crown Tower

5002 is a five-bedroom apartment of 7,686 sqft on the 50th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 15 December 2013 for AED 16,700,000, or AED 2,172 per sqft, 26% above the AED 1,726 five-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5002 over time

Sales
Unit 5002, each saleTypical five-bed in Emirates Crown Tower
10M15M200920112013Typical sale price by year: 2009 AED 7,244,674; 2010 AED 6,950,000; 2011 AED 7,285,116; 2012 AED 8,150,000; 2013 AED 13,275,000Sold by developer, August 2009: AED 8,053,085 (AED 1,047 per sqft)Sold, July 2011: AED 14,000,000 (AED 1,821 per sqft)Sold, December 2013: AED 16,700,000 (AED 2,172 per sqft)

5002 has sold 3 times; the dashed line is the five-bed median of each year in the building.

Rents
Unit 5002, each contractTypical five-bed in Emirates Crown Tower
400K600K2013201720212025Typical rent by year: 2013 AED 385,000; 2014 AED 385,000; 2015 AED 409,500; 2016 AED 440,000; 2017 AED 390,000; 2018 AED 390,000; 2019 AED 395,000; 2020 AED 310,000; 2021 AED 300,000; 2025 AED 712,500; 2026 AED 700,000

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the building.

5-beds in Emirates Crown Tower, and where 5002 sits

All 20 5-beds →

5002 last sold in December 2013 at AED 2,172 per sqft, 26% above what five-beds in Emirates Crown Tower were fetching at the time (AED 1,726).

Recent 5-bed salesUnit no.Price (AED)Summary
1 May 202411,500,000
4 Jan 20226,750,400
13 Dec 202016,000,000
1 Aug 20197,500,000
0 5-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 50th floor

All 238 units in Emirates Crown Tower
Value
50015-bedAED 8.05M · Dec 2009

5002, Emirates Crown Tower in numbers

  • Sold 3 times: first on 5 August 2009 for AED 8,053,085, last on 15 December 2013 for AED 16,700,000 (AED 2,172 per sqft).

Source: Dubai Land Department. Updated 15 December 2013.

Questions about 5002, Emirates Crown Tower

What did unit 5002 last sell for?

AED 16,700,000 on 15 December 2013: AED 2,172 per sqft for 7,686 sqft. The unit has 3 registered sales; the first was AED 8,053,085 in August 2009.

How big is unit 5002?

7,686 sqft (714.1 sqm): a five-bedroom apartment on the 50th floor of a 59-storey tower completed in 2008.

What is unit 5002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5002, Emirates Crown Tower

Starts from the last sale price (AED 16.7M, 15 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 16,700,000
Deposit, UAE resident (20%)
AED 3,340,000
Deposit, non-resident (40%)
AED 6,680,000
Monthly over 25 years at 3.7%
AED 68,325

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