1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 17th floor · completed 2006

1701, Marina Crown Tower

Sold prices and rental history: sold twice, last in December 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 22 January 2020
Last soldAED 1.2M14 December 2008
Current rentAED 60K /yr22 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Marina Crown Tower

What is 1701 worth today?

Last sold for AED 1,200,000 in 2008

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22 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
23 Apr 2019RentedRenewal
AED 93,669/yr9 months · AED 112 per sqft
23 Apr 2018RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
9 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
14 Dec 2008SoldReady
AED 1,200,000AED 1,431 per sqft
2 Oct 2007Sold by developerReady
AED 451,495AED 538 per sqft

Source: Dubai Land Department. Updated 22 January 2020.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
17th of 48
Parking
41(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.2M · December 2008

About 1701, Marina Crown Tower

1701 is a one-bedroom apartment of 839 sqft on the 17th 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 14 December 2008 for AED 1,200,000, or AED 1,431 per sqft, 79% above the AED 801 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 22 January 2020, is AED 60,000 a year: a gross yield of 5.0% on the 2008 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, December 2008: AED 1,200,000 (AED 1,431 per sqft)

1701 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1701, each contractTypical one-bed in Marina Crown Tower
60K80K100K2012201620202024Typical 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 2017: AED 80,000 a yearNew contract, April 2018: AED 80,000 a yearRenewal, April 2019: AED 93,669 a yearRenewal, January 2020: 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 1701 sits

All 159 1-beds →

1701 last sold in December 2008 at AED 1,431 per sqft, 79% above 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. 1701'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 17th floor

All 359 units in Marina Crown Tower
Value
17022-bedAED 989K · Jun 2010
17031-bedAED 890K · May 2017
17041-bedAED 465K · Nov 2008
17052-bedAED 1.8M · Jul 2024
17061-bedAED 670K · Oct 2012
17071-bedAED 1.22M · Nov 2024
17082-bedAED 1.34M · Apr 2022
1–7 of 11

1701, Marina Crown Tower in numbers

  • Sold twice: first on 2 October 2007 for AED 451,495, last on 14 December 2008 for AED 1,200,000 (AED 1,431 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2008 price is 5.0%, 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 22 January 2020.

Questions about 1701, Marina Crown Tower

What did unit 1701 last sell for?

AED 1,200,000 on 14 December 2008: AED 1,431 per sqft for 839 sqft. The unit has 2 registered sales; the first was AED 451,495 in October 2007.

What is the rent for unit 1701?

AED 60,000 a year on the contract renewed on 22 January 2020. The previous contract, from April 2019, was AED 93,669; the unit has been rented since April 2017.

How big is unit 1701?

839 sqft (77.9 sqm): a one-bedroom apartment on the 17th floor of a 48-storey tower completed in 2006.

What is unit 1701 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 1701, Marina Crown Tower

Starts from the last sale price (AED 1.2M, 14 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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