5-bed · 7,659 sqftEmirates Crown Tower, Dubai Marina · 56th floor · completed 2008

5602, Emirates Crown Tower

Sold prices and rental history: sold twice, last in February 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5602 · DLD and Ejari recordsUpdated 9 February 2012
Last soldAED 7.9M9 February 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5602, Emirates Crown Tower

What is 5602 worth today?

Last sold for AED 7,900,000 in 2012

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9 Feb 2012SoldReady
AED 7,900,000AED 1,031 per sqft
13 Aug 2009Sold by developerReady
AED 11,933,152AED 1,558 per sqft

Source: Dubai Land Department. Updated 9 February 2012.

Key facts

Type
5-bed apartment
Size
7,659 sqft
Floor
56th of 59
Parking
B1-35-36
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 98,600 /yr
Last sold
AED 7.9M · February 2012

About 5602, Emirates Crown Tower

5602 is a five-bedroom apartment of 7,659 sqft on the 56th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 9 February 2012 for AED 7,900,000, or AED 1,031 per sqft, 8% above the AED 951 five-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5602 over time

Sales
Unit 5602, each saleTypical five-bed in Emirates Crown Tower
10M200920112013Typical 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 11,933,152 (AED 1,558 per sqft)Sold, February 2012: AED 7,900,000 (AED 1,031 per sqft)

5602 has sold twice; the dashed line is the five-bed median of each year in the building.

Rents
Unit 5602, 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 5602 sits

All 20 5-beds →

5602 last sold in February 2012 at AED 1,031 per sqft, 8% above what five-beds in Emirates Crown Tower were fetching at the time (AED 951).

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 56th floor

All 238 units in Emirates Crown Tower
Value
56015-bedAED 9.66M · Apr 2013

5602, Emirates Crown Tower in numbers

  • Sold twice: first on 13 August 2009 for AED 11,933,152, last on 9 February 2012 for AED 7,900,000 (AED 1,031 per sqft).

Source: Dubai Land Department. Updated 9 February 2012.

Questions about 5602, Emirates Crown Tower

What did unit 5602 last sell for?

AED 7,900,000 on 9 February 2012: AED 1,031 per sqft for 7,659 sqft. The unit has 2 registered sales; the first was AED 11,933,152 in August 2009.

How big is unit 5602?

7,659 sqft (711.5 sqm): a five-bedroom apartment on the 56th floor of a 59-storey tower completed in 2008.

What is unit 5602 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 5602, Emirates Crown Tower

Starts from the last sale price (AED 7.9M, 9 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 7,900,000
Deposit, UAE resident (20%)
AED 1,580,000
Deposit, non-resident (40%)
AED 3,160,000
Monthly over 25 years at 3.7%
AED 32,321

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