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5-bed · 7,686 sqftEmirates Crown Tower, Dubai Marina · 59th floor · completed 2008

5901, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in April 2017, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5901 · DLD and Ejari recordsUpdated 17 April 2017
Last soldAED 14.5M17 April 2017
Current rentAED 450K /yr10 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5901, Emirates Crown Tower

What is 5901 worth today?

Last sold for AED 14,500,000 in 2017

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17 Apr 2017SoldReady
AED 14,500,000AED 1,886 per sqft
10 Feb 2013RentedNew contract
AED 450,000/yr12 months · AED 59 per sqft
23 Dec 2010SoldReady
AED 6,800,000AED 884 per sqft
13 Jul 2009Sold by developerReady
AED 6,000,000AED 780 per sqft

Source: Dubai Land Department. Updated 17 April 2017.

Key facts

Type
5-bed apartment
Size
7,686 sqft
Floor
59th of 59
Parking
B1-45-46
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 98,900 /yr
Last sold
AED 14.5M · April 2017
Building
Emirates Crown Tower

About 5901, Emirates Crown Tower

5901 is a five-bedroom apartment of 7,686 sqft on the 59th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . It last sold on 17 April 2017 for AED 14,500,000, or AED 1,886 per sqft.

One Ejari contract is registered, from 10 February 2013. The current contract, signed on 10 February 2013, is AED 450,000 a year: a gross yield of 3.1% on the 2017 price, before the service charge of about AED 98,900 a year.

Sales and rents for 5901 over time

Sales
Unit 5901, each saleTypical five-bed in Emirates Crown Tower
5M10M15M200920122015Typical 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, July 2009: AED 6,000,000 (AED 780 per sqft)Sold, December 2010: AED 6,800,000 (AED 884 per sqft)Sold, April 2017: AED 14,500,000 (AED 1,886 per sqft)

5901 has sold 3 times; the dashed line is the five-bed median of each year in the building.

Rents
Unit 5901, 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 700,000New contract, February 2013: AED 450,000 a year

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 5901 sits

All 20 5-beds →

5901's AED 450,000 is in the lower half of that range.

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 59th floor

All 238 units in Emirates Crown Tower
Value
59025-bedAED 16M · Dec 2020

5901, Emirates Crown Tower in numbers

  • Sold 3 times: first on 13 July 2009 for AED 6,000,000, last on 17 April 2017 for AED 14,500,000 (AED 1,886 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2017 price is 3.1%, before a service charge of about AED 98,900 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 17 April 2017.

Questions about 5901, Emirates Crown Tower

What did unit 5901 last sell for?

AED 14,500,000 on 17 April 2017: AED 1,886 per sqft for 7,686 sqft. The unit has 3 registered sales; the first was AED 6,000,000 in July 2009.

What is the rent for unit 5901?

AED 450,000 a year on the contract signed on 10 February 2013.

How big is unit 5901?

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

What is unit 5901 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 5901, Emirates Crown Tower

Starts from the last sale price (AED 14.5M, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 14,500,000
Deposit, UAE resident (20%)
AED 2,900,000
Deposit, non-resident (40%)
AED 5,800,000
Monthly over 25 years at 3.7%
AED 59,324

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