1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 15th floor · completed 2006

1512, Marina Crown Tower

Sold prices and rental history: sold 5 times, last in November 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 910K3 November 2022
Current rentAED 50K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Marina Crown Tower

What is 1512 worth today?

Last sold for AED 910,000 in 2022

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3 Nov 2022SoldReady
AED 910,000AED 1,085 per sqft
7 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
15 Sep 2020RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft
15 Sep 2019RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
15 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
18 Nov 2015SoldReady
AED 1,000,000AED 1,192 per sqft
1 Oct 2014SoldReady
AED 1,175,000AED 1,401 per sqft
12 Mar 2008SoldReady
AED 610,000AED 727 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
15th of 48
Parking
28(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 910K · November 2022

About 1512, Marina Crown Tower

1512 is a one-bedroom apartment of 839 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 3 November 2022 for AED 910,000, or AED 1,085 per sqft, 7% above the AED 1,011 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 7 October 2021, is AED 50,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1512 over time

Sales
Unit 1512, 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, October 2007: AED 451,495 (AED 538 per sqft)Sold, March 2008: AED 610,000 (AED 727 per sqft)Sold, October 2014: AED 1,175,000 (AED 1,401 per sqft)Sold, November 2015: AED 1,000,000 (AED 1,192 per sqft)Sold, November 2022: AED 910,000 (AED 1,085 per sqft)

1512 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1512, 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, September 2018: AED 70,000 a yearRenewal, September 2019: AED 70,000 a yearNew contract, September 2020: AED 54,000 a yearNew contract, October 2021: AED 50,000 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 1512 sits

All 159 1-beds →

1512 last sold in November 2022 at AED 1,085 per sqft, 7% above what one-beds in Marina Crown Tower were fetching at the time (AED 1,011). 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. 1512's AED 50,000 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 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

1512, Marina Crown Tower in numbers

  • Sold 5 times: first on 24 October 2007 for AED 451,495, last on 3 November 2022 for AED 910,000 (AED 1,085 per sqft).
  • Rented since September 2018 on 4 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 14,000 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 3 November 2022.

Questions about 1512, Marina Crown Tower

What did unit 1512 last sell for?

AED 910,000 on 3 November 2022: AED 1,085 per sqft for 839 sqft. The unit has 5 registered sales; the first was AED 451,495 in October 2007.

What is the rent for unit 1512?

AED 50,000 a year on the contract signed on 7 October 2021. The previous contract, from September 2020, was AED 54,000; the unit has been rented since September 2018.

How big is unit 1512?

839 sqft (77.9 sqm): a one-bedroom apartment on the 15th floor of a 48-storey tower completed in 2006.

What is unit 1512 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 1512, Marina Crown Tower

Starts from the last sale price (AED 910K, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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