2-bed · 1,457 sqftMarina Crown Tower, Dubai Marina · 15th floor · completed 2006

1508, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in March 2015, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 26 March 2015
Last soldAED 1.78M26 March 2015
Current rentAED 115K /yr18 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Marina Crown Tower

What is 1508 worth today?

Last sold for AED 1,780,000 in 2015

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26 Mar 2015SoldReady
AED 1,780,000AED 1,221 per sqft
18 May 2013RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
24 Mar 2011SoldReady
AED 1,150,000AED 789 per sqft
3 Jul 2008SoldReady
AED 1,079,800AED 741 per sqft
1 Nov 2007Sold by developerReady
AED 784,463AED 538 per sqft

Source: Dubai Land Department. Updated 26 March 2015.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
15th of 48
Parking
24(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 24,300 /yr
Last sold
AED 1.78M · March 2015

About 1508, Marina Crown Tower

1508 is a two-bedroom apartment of 1,457 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 26 March 2015 for AED 1,780,000, or AED 1,221 per sqft, 6% below the AED 1,299 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 May 2013. The current contract, signed on 18 May 2013, is AED 115,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 24,300 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Marina Crown Tower
1M2M20072012201720222027Typical sale price by year: 2007 AED 784,463; 2008 AED 1,129,800; 2009 AED 1,250,000; 2010 AED 988,800; 2011 AED 1,150,000; 2012 AED 1,382,500; 2013 AED 1,350,000; 2014 AED 1,950,000; 2015 AED 1,720,000; 2016 AED 1,750,000; 2017 AED 1,530,000; 2018 AED 1,300,000; 2019 AED 1,050,000; 2020 AED 970,000; 2021 AED 1,175,000; 2022 AED 1,495,700; 2023 AED 1,740,538; 2024 AED 1,775,000; 2025 AED 1,894,000; 2026 AED 1,852,500Sold by developer, November 2007: AED 784,463 (AED 538 per sqft)Sold, July 2008: AED 1,079,800 (AED 741 per sqft)Sold, March 2011: AED 1,150,000 (AED 789 per sqft)Sold, March 2015: AED 1,780,000 (AED 1,221 per sqft)

1508 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Marina Crown Tower
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,109; 2017 AED 120,000; 2018 AED 98,750; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 91,750; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 130,000New contract, May 2013: AED 115,000 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 Marina Crown Tower, and where 1508 sits

All 116 2-beds →

1508 last sold in March 2015 at AED 1,221 per sqft, 6% below what two-beds in Marina Crown Tower were fetching at the time (AED 1,299). Over the last 12 months two-beds sold for AED 1,683,000 to 2,005,512, around AED 1,312 per sqft, and rent for AED 75,000 to 200,000 a year. 1508's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,750,000
22 May 20261,683,000
22 May 20262,005,512
16 Jan 20261,955,000
4 2-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
15031-bedAED 535K · Dec 2008
15041-bedAED 750K · May 2018
15052-bedAED 1.95M · Mar 2008
15061-bedAED 2M · Feb 2025
15071-bedAED 619K · Jan 2009
1–7 of 11

1508, Marina Crown Tower in numbers

  • Sold 4 times: first on 1 November 2007 for AED 784,463, last on 26 March 2015 for AED 1,780,000 (AED 1,221 per sqft).
  • Rented since May 2013 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2015 price is 6.5%, before a service charge of about AED 24,300 a year (AED 16.67 per sqft).
  • Two-beds in Marina Crown Tower sold for AED 1,683,000–2,005,512 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 26 March 2015.

Questions about 1508, Marina Crown Tower

What did unit 1508 last sell for?

AED 1,780,000 on 26 March 2015: AED 1,221 per sqft for 1,457 sqft. The unit has 4 registered sales; the first was AED 784,463 in November 2007.

What is the rent for unit 1508?

AED 115,000 a year on the contract signed on 18 May 2013.

How big is unit 1508?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 15th floor of a 48-storey tower completed in 2006.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Crown Tower sold for AED 1,683,000 to 2,005,512 in the last 12 months, around AED 1,312 per sqft.

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Mortgage on 1508, Marina Crown Tower

Starts from the last sale price (AED 1.78M, 26 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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