1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 16th floor · completed 2006

1612, Marina Crown Tower

Sold prices and rental history: sold 6 times, last in March 2024, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 1.14M7 March 2024
Current rentAED 60K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Marina Crown Tower

What is 1612 worth today?

Last sold for AED 1,140,000 in 2024

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7 Mar 2024SoldReady
AED 1,140,000AED 1,359 per sqft
22 Jun 2023SoldReady
AED 950,000AED 1,132 per sqft
1 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
25 Jun 2009SoldReady
AED 700,000AED 834 per sqft
30 Apr 2009SoldReady
AED 650,000AED 775 per sqft
6 Jul 2008SoldReady
AED 561,800AED 669 per sqft
1 Oct 2007Sold by developerReady
AED 451,495AED 538 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
16th of 48
Parking
40(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.14M · March 2024

About 1612, Marina Crown Tower

1612 is a one-bedroom apartment of 839 sqft on the 16th 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 7 March 2024 for AED 1,140,000, or AED 1,359 per sqft, in line with the AED 1,401 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2022. The current contract, signed on 1 April 2022, is AED 60,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, July 2008: AED 561,800 (AED 669 per sqft)Sold, April 2009: AED 650,000 (AED 775 per sqft)Sold, June 2009: AED 700,000 (AED 834 per sqft)Sold, June 2023: AED 950,000 (AED 1,132 per sqft)Sold, March 2024: AED 1,140,000 (AED 1,359 per sqft)

1612 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1612, 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, April 2022: AED 60,000 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 1612 sits

All 159 1-beds →

1612 last sold in March 2024 at AED 1,359 per sqft, in line with what one-beds in Marina Crown Tower were fetching at the time (AED 1,401). 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. 1612's AED 60,000 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 16th floor

All 359 units in Marina Crown Tower
Value
16011-bedAED 1.35M · Mar 2025
16022-bedAED 1.4M · Dec 2012
16031-bedAED 542K · Oct 2008
16041-bedAED 1.18M · Nov 2024
16052-bedAED 491K · Mar 2009
16061-bedAED 1.15M · Nov 2024
16071-bedAED 1.16M · Mar 2025
1–7 of 11

1612, Marina Crown Tower in numbers

  • Sold 6 times: first on 1 October 2007 for AED 451,495, last on 7 March 2024 for AED 1,140,000 (AED 1,359 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.3%, 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 7 March 2024.

Questions about 1612, Marina Crown Tower

What did unit 1612 last sell for?

AED 1,140,000 on 7 March 2024: AED 1,359 per sqft for 839 sqft. The unit has 6 registered sales; the first was AED 451,495 in October 2007.

What is the rent for unit 1612?

AED 60,000 a year on the contract signed on 1 April 2022.

How big is unit 1612?

839 sqft (77.9 sqm): a one-bedroom apartment on the 16th floor of a 48-storey tower completed in 2006.

What is unit 1612 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 1612, Marina Crown Tower

Starts from the last sale price (AED 1.14M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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