1-bed · 172 sqftEmirates Crown Tower, Dubai Marina · completed 2008

D03, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D03 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 40K27 September 2009
Current rentAED 20K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D03, Emirates Crown Tower

What is D03 worth today?

Last sold for AED 40,000 in 2009

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1 Jun 2019RentedNew contract
AED 20,000/yr12 months · AED 116 per sqft
4 Feb 2018RentedRenewal
AED 20,054/yr12 months · AED 116 per sqft
4 Feb 2017RentedNew contract
AED 20,000/yr12 months · AED 116 per sqft
24 Sep 2013RentedNew contract
AED 15,000/yr12 months · AED 87 per sqft
27 Sep 2009Sold by developerReady
AED 40,000AED 232 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
1-bed apartment
Size
172 sqft
Parking
nan
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 2,200 /yr
Last sold
AED 40K · September 2009

About D03, Emirates Crown Tower

D03 is a one-bedroom apartment of 172 sqft of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development . The developer sold it on 27 September 2009 for AED 40,000, or AED 232 per sqft, in line with the AED 232 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2019, is AED 20,000 a year: a gross yield of 50.0% on the 2009 price, before the service charge of about AED 2,200 a year.

Sales and rents for D03 over time

Sales
Unit D03, each saleTypical one-bed in Emirates Crown Tower
40K60K200920102011Typical sale price by year: 2009 AED 43,808; 2010 AED 72,731Sold by developer, September 2009: AED 40,000 (AED 232 per sqft)

D03 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit D03, each contractTypical one-bed in Emirates Crown Tower
15K20K2013201620192022Typical rent by year: 2013 AED 15,000; 2018 AED 22,527; 2019 AED 20,000; 2021 AED 13,500New contract, September 2013: AED 15,000 a yearNew contract, February 2017: AED 20,000 a yearRenewal, February 2018: AED 20,054 a yearNew contract, June 2019: AED 20,000 a year

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

1-beds in Emirates Crown Tower, and where D03 sits

All 19 1-beds →

D03 last sold in September 2009 at AED 232 per sqft, in line with what one-beds in Emirates Crown Tower were fetching at the time (AED 232).

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jan 2022396,630
1 Aug 2019500,000
17 Apr 2017480,000
7 Apr 201670,000
0 1-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 →

D03, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 27 September 2009 for AED 40,000, or AED 232 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 15,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2009 price is 50.0%, before a service charge of about AED 2,200 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 1 June 2019.

Questions about D03, Emirates Crown Tower

What did unit D03 last sell for?

AED 40,000 on 27 September 2009, sold by the developer: AED 232 per sqft for 172 sqft. It is the only registered sale of the unit.

What is the rent for unit D03?

AED 20,000 a year on the contract signed on 1 June 2019. The previous contract, from February 2018, was AED 20,054; the unit has been rented since September 2013.

How big is unit D03?

172 sqft (16.0 sqm): a one-bedroom apartment of a 59-storey tower completed in 2008.

What is unit D03 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 D03, Emirates Crown Tower

Starts from the last sale price (AED 40K, 27 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 40,000
Deposit, UAE resident (20%)
AED 8,000
Deposit, non-resident (40%)
AED 16,000
Monthly over 25 years at 3.7%
AED 164

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