1-bed · 750 sqftMarina Crown Tower, Dubai Marina · 14th floor · completed 2006

1403, Marina Crown Tower

Sold prices and rental history: sold twice, last in October 2008, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 492K12 October 2008
Current rentAED 52K /yr10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Marina Crown Tower

What is 1403 worth today?

Last sold for AED 491,784 in 2008

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10 Mar 2020RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
28 May 2014RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
12 Oct 2008SoldReady
AED 491,784AED 655 per sqft
27 Sep 2007Sold by developerReady
AED 403,794AED 538 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
14th of 48
Parking
7(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,500 /yr
Last sold
AED 492K · October 2008

About 1403, Marina Crown Tower

1403 is a one-bedroom apartment of 750 sqft on the 14th floor of Marina Crown Tower, a 48-storey tower in Dubai Marina completed in 2006 by Al Zarooni Group of Companies. It last sold on 12 October 2008 for AED 491,784, or AED 655 per sqft, in line with the AED 669 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 10 March 2020, is AED 52,000 a year: a gross yield of 10.6% on the 2008 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Marina Crown Tower
500K1M20072012201720222027Typical sale price by year: 2007 AED 451,495; 2008 AED 650,000; 2009 AED 535,132; 2010 AED 750,000; 2011 AED 615,000; 2012 AED 730,000; 2013 AED 910,000; 2014 AED 1,050,000; 2015 AED 1,116,390; 2016 AED 980,000; 2017 AED 957,500; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 570,000; 2021 AED 765,000; 2022 AED 820,000; 2023 AED 1,017,189; 2024 AED 1,200,000; 2025 AED 1,325,000; 2026 AED 1,220,757Sold by developer, September 2007: AED 403,794 (AED 538 per sqft)Sold, October 2008: AED 491,784 (AED 655 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Marina Crown Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 67,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 58,000; 2023 AED 66,000; 2024 AED 77,000; 2025 AED 82,000; 2026 AED 76,202New contract, May 2014: AED 85,000 a yearNew contract, March 2020: AED 52,000 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 Marina Crown Tower, and where 1403 sits

All 159 1-beds →

1403 last sold in October 2008 at AED 655 per sqft, in line with what one-beds in Marina Crown Tower were fetching at the time (AED 669). Over the last 12 months one-beds sold for AED 1,020,000 to 1,500,000, around AED 1,472 per sqft, and rent for AED 39,000 to 175,000 a year. 1403's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,221,164
25 Aug 20261,020,000
27 Jun 20261,220,757
3 Jun 20261,140,935
10 1-bed sales in the last 12 months

Marina Crown Tower

Building

359 apartments, studios to 5-bed over 48 floors in Dubai Marina, completed in 2006 by Al Zarooni Group of Companies. 20 sold in the last 12 months.

Typical price per sqft
AED 1,472 Up 3.2%
Typical sale
AED 1.59M
Typical rent
AED 88K /yr
Typical yield
6.3%
Marina Crown Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 359 units in Marina Crown Tower
Value
14011-bedAED 615K · Jul 2011
14022-bedAED 1M · Feb 2021
14041-bedAED 700K · Jan 2018
14052-bedAED 1.5M · May 2016
14061-bedAED 510K · Nov 2008
14071-bedAED 509K · Oct 2008
14082-bedAED 1.05M · Sep 2008
1–7 of 11

1403, Marina Crown Tower in numbers

  • Sold twice: first on 27 September 2007 for AED 403,794, last on 12 October 2008 for AED 491,784 (AED 655 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, from AED 85,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2008 price is 10.6%, before a service charge of about AED 12,500 a year (AED 16.67 per sqft).
  • One-beds in Marina Crown Tower sold for AED 1,020,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,472 per sqft.

Source: Dubai Land Department. Updated 10 March 2020.

Questions about 1403, Marina Crown Tower

What did unit 1403 last sell for?

AED 491,784 on 12 October 2008: AED 655 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 403,794 in September 2007.

What is the rent for unit 1403?

AED 52,000 a year on the contract signed on 10 March 2020. The previous contract, from May 2014, was AED 85,000.

How big is unit 1403?

750 sqft (69.7 sqm): a one-bedroom apartment on the 14th floor of a 48-storey tower completed in 2006.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Crown Tower sold for AED 1,020,000 to 1,500,000 in the last 12 months, around AED 1,472 per sqft.

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Mortgage on 1403, Marina Crown Tower

Starts from the last sale price (AED 492K, 12 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 491,784
Deposit, UAE resident (20%)
AED 98,357
Deposit, non-resident (40%)
AED 196,714
Monthly over 25 years at 3.7%
AED 2,012

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