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2-bed · 3,853 sqftEmirates Crown Tower, Dubai Marina · completed 2008

P01, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P01 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 2.15M16 August 2010
Current rentAED 50K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P01, Emirates Crown Tower

What is P01 worth today?

Last sold for AED 2,150,000 in 2010

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1 Dec 2021RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
1 Dec 2020RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
1 Dec 2019RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
1 Dec 2018RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
15 Sep 2016RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 13 per sqft
15 Jun 2015RentedRenewal
AED 165,000/yr12 months · AED 43 per sqft
15 Jun 2014RentedRenewal
AED 165,000/yr12 months · AED 43 per sqft
15 Jun 2013RentedNew contract
AED 150,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
3,853 sqft
Parking
B2-01
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 49,600 /yr
Last sold
AED 2.15M · August 2010
Building
Emirates Crown Tower

About P01, Emirates Crown Tower

P01 is a two-bedroom apartment of 3,853 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 16 August 2010 for AED 2,150,000, or AED 558 per sqft, 20% below the AED 700 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 50,000 a year: a gross yield of 2.3% on the 2010 price, before the service charge of about AED 49,600 a year.

Sales and rents for P01 over time

Sales
Unit P01, 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, August 2010: AED 2,150,000 (AED 558 per sqft)

P01 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P01, each contractTypical two-bed in Emirates Crown Tower
100K150K200K20112015201920232027Typical 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 2012: AED 145,000 a yearNew contract, June 2013: AED 150,000 a yearRenewal, June 2014: AED 165,000 a yearRenewal, June 2015: AED 165,000 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 P01 sits

All 76 2-beds →

P01 last sold in August 2010 at AED 558 per sqft, 20% below what two-beds in Emirates Crown Tower were fetching at the time (AED 700). P01's AED 50,000 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 →

P01, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 16 August 2010 for AED 2,150,000, or AED 558 per sqft.
  • Rented since February 2012 on 9 Ejari contracts, from AED 145,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 2.3%, before a service charge of about AED 49,600 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 1 December 2021.

Questions about P01, Emirates Crown Tower

What did unit P01 last sell for?

AED 2,150,000 on 16 August 2010, sold by the developer: AED 558 per sqft for 3,853 sqft. It is the only registered sale of the unit.

What is the rent for unit P01?

AED 50,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 50,000; the unit has been rented since February 2012.

How big is unit P01?

3,853 sqft (358.0 sqm): a two-bedroom apartment of a 59-storey tower completed in 2008.

What is unit P01 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 P01, Emirates Crown Tower

Starts from the last sale price (AED 2.15M, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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