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2-bed · 2,455 sqftEmirates Crown Tower, Dubai Marina · 5th floor · completed 2008

504, Emirates Crown Tower

Sold prices and rental history: sold twice, last in July 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 31 October 2015
Last soldAED 2.5M29 July 2015
Current rentAED 70K /yr31 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Emirates Crown Tower

What is 504 worth today?

Last sold for AED 2,500,000 in 2015

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31 Oct 2015RentedNew contract
AED 69,613/yr12 months · AED 28 per sqft
29 Jul 2015SoldReady
AED 2,500,000AED 1,018 per sqft
15 Feb 2013RentedNew contract
AED 139,585/yr12 months · AED 57 per sqft
21 Apr 2009Sold by developerReady
AED 1,868,640AED 761 per sqft

Source: Dubai Land Department. Updated 31 October 2015.

Key facts

Type
2-bed apartment
Size
2,455 sqft
Floor
5th of 59
Parking
B2-32
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 31,600 /yr
Last sold
AED 2.5M · July 2015
Building
Emirates Crown Tower

About 504, Emirates Crown Tower

504 is a two-bedroom apartment of 2,455 sqft on the 5th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 29 July 2015 for AED 2,500,000, or AED 1,018 per sqft, in line with the AED 1,017 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 31 October 2015, is AED 69,613 a year: a gross yield of 2.8% on the 2015 price, before the service charge of about AED 31,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Emirates Crown Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,087,532; 2010 AED 2,150,000; 2011 AED 2,139,272; 2012 AED 1,970,625; 2013 AED 2,600,000; 2014 AED 3,885,000; 2015 AED 2,500,000; 2016 AED 2,400,000; 2017 AED 2,500,000; 2018 AED 2,330,685; 2021 AED 1,660,805; 2022 AED 1,810,490; 2023 AED 2,720,000; 2024 AED 3,150,000; 2025 AED 3,450,000Sold by developer, April 2009: AED 1,868,640 (AED 761 per sqft)Sold, July 2015: AED 2,500,000 (AED 1,018 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Emirates Crown Tower
100K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 140,000; 2013 AED 150,000; 2014 AED 157,500; 2015 AED 162,500; 2016 AED 169,000; 2017 AED 160,000; 2018 AED 141,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 124,900; 2023 AED 142,500; 2024 AED 185,000; 2025 AED 190,000; 2026 AED 170,000New contract, February 2013: AED 139,585 a yearNew contract, October 2015: AED 69,613 a year

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

2-beds in Emirates Crown Tower, and where 504 sits

All 76 2-beds →

504 last sold in July 2015 at AED 1,018 per sqft, in line with what two-beds in Emirates Crown Tower were fetching at the time (AED 1,017). 504's AED 69,613 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20253,190,000
4 Aug 20253,900,000
28 May 20253,150,000
20 May 20253,091,000
0 2-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 5th floor

All 238 units in Emirates Crown Tower
Value
5012-bedAED 1.64M · Dec 2011
5022-bedAED 1.75M · Mar 2011
5032-bedAED 3M · Jun 2023
5052-bedAED 2.58M · Aug 2022
5062-bedAED 1.75M · Nov 2011

504, Emirates Crown Tower in numbers

  • Sold twice: first on 21 April 2009 for AED 1,868,640, last on 29 July 2015 for AED 2,500,000 (AED 1,018 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 139,585 to AED 69,613 a year.
  • At AED 69,613 a year the gross yield on the 2015 price is 2.8%, before a service charge of about AED 31,600 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 31 October 2015.

Questions about 504, Emirates Crown Tower

What did unit 504 last sell for?

AED 2,500,000 on 29 July 2015: AED 1,018 per sqft for 2,455 sqft. The unit has 2 registered sales; the first was AED 1,868,640 in April 2009.

What is the rent for unit 504?

AED 69,613 a year on the contract signed on 31 October 2015. The previous contract, from February 2013, was AED 139,585.

How big is unit 504?

2,455 sqft (228.1 sqm): a two-bedroom apartment on the 5th floor of a 59-storey tower completed in 2008.

What is unit 504 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 504, Emirates Crown Tower

Starts from the last sale price (AED 2.5M, 29 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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