1-bed · 750 sqftMarina Crown Tower, Dubai Marina · 15th floor · completed 2006

1503, Marina Crown Tower

Sold prices and rental history: sold twice, last in December 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 10 December 2022
Last soldAED 535K15 December 2008
Current rentAED 56K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Marina Crown Tower

What is 1503 worth today?

Last sold for AED 534,800 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Dec 2022RentedRenewal
AED 56,400/yr12 months · AED 75 per sqft
10 Dec 2022RentedRenewal
AED 56,400/yr12 months · AED 75 per sqft
10 Dec 2021RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
1 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 45 per sqft
8 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
17 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
18 Jun 2017RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
1 Apr 2016RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 10 December 2022.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
15th of 48
Parking
19(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,500 /yr
Last sold
AED 535K · December 2008

About 1503, Marina Crown Tower

1503 is a one-bedroom apartment of 750 sqft on the 15th 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 15 December 2008 for AED 534,800, or AED 713 per sqft, 11% below the AED 801 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 56,400 a year: a gross yield of 10.5% on the 2008 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, December 2008: AED 534,800 (AED 713 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Marina Crown Tower
25K50K75K2012201620202024Typical 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, April 2016: AED 75,000 a yearNew contract, June 2017: AED 70,000 a yearNew contract, August 2018: AED 50,000 a yearNew contract, September 2019: AED 48,000 a yearNew contract, November 2020: AED 34,000 a yearNew contract, December 2021: AED 47,000 a yearRenewal, December 2022: AED 56,400 a yearRenewal, December 2022: AED 56,400 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 1503 sits

All 159 1-beds →

1503 last sold in December 2008 at AED 713 per sqft, 11% below what one-beds in Marina Crown Tower were fetching at the time (AED 801). 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. 1503's AED 56,400 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 15th floor

All 359 units in Marina Crown Tower
Value
15011-bedAED 1.04M · Sep 2008
15022-bedAED 1.16M · Oct 2012
15041-bedAED 750K · May 2018
15052-bedAED 1.95M · Mar 2008
15061-bedAED 2M · Feb 2025
15071-bedAED 619K · Jan 2009
15082-bedAED 1.78M · Mar 2015
1–7 of 11

1503, Marina Crown Tower in numbers

  • Sold twice: first on 27 September 2007 for AED 403,794, last on 15 December 2008 for AED 534,800 (AED 713 per sqft).
  • Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 34,000 in 2020 and recovered to AED 56,400 by December 2022.
  • At AED 56,400 a year the gross yield on the 2008 price is 10.5%, 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 December 2022.

Questions about 1503, Marina Crown Tower

What did unit 1503 last sell for?

AED 534,800 on 15 December 2008: AED 713 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 1503?

AED 56,400 a year on the contract renewed on 10 December 2022. The previous contract, from December 2022, was AED 56,400; the unit has been rented since April 2016.

How big is unit 1503?

750 sqft (69.7 sqm): a one-bedroom apartment on the 15th floor of a 48-storey tower completed in 2006.

What is unit 1503 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.

Selling 1503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1503, Marina Crown Tower

Starts from the last sale price (AED 535K, 15 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 534,800
Deposit, UAE resident (20%)
AED 106,960
Deposit, non-resident (40%)
AED 213,920
Monthly over 25 years at 3.7%
AED 2,188

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