1-bed · 750 sqftMarina Crown Tower, Dubai Marina · 17th floor · completed 2006

1704, Marina Crown Tower

Sold prices and rental history: sold twice, last in November 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 465K19 November 2008
Current rentAED 69K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Marina Crown Tower

What is 1704 worth today?

Last sold for AED 465,000 in 2008

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10 Jul 2024RentedRenewal
AED 69,000/yr12 months · AED 92 per sqft
10 Jul 2024RentedRenewal
AED 69,000/yr12 months · AED 92 per sqft
10 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
10 Jul 2022RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft
1 Aug 2020RentedNew contract
AED 47,829/yr11 months · AED 64 per sqft
10 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
1 Jan 2018RentedNew contract
AED 67,000/yr12 months · AED 89 per sqft
1 Nov 2016RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
17th of 48
Parking
44(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,500 /yr
Last sold
AED 465K · November 2008

About 1704, Marina Crown Tower

1704 is a one-bedroom apartment of 750 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 19 November 2008 for AED 465,000, or AED 620 per sqft, 22% below the AED 791 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 July 2024, is AED 69,000 a year: a gross yield of 14.8% on the 2008 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, November 2008: AED 465,000 (AED 620 per sqft)

1704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, 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, November 2014: AED 85,000 a yearRenewal, November 2015: AED 85,000 a yearRenewal, November 2016: AED 75,000 a yearNew contract, January 2018: AED 67,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, August 2020: AED 47,829 a yearNew contract, July 2022: AED 54,000 a yearRenewal, July 2023: AED 60,000 a yearRenewal, July 2024: AED 69,000 a yearRenewal, July 2024: AED 69,000 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 1704 sits

All 159 1-beds →

1704 last sold in November 2008 at AED 620 per sqft, 22% below what one-beds in Marina Crown Tower were fetching at the time (AED 791). 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. 1704's AED 69,000 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
17011-bedAED 1.2M · Dec 2008
17022-bedAED 989K · Jun 2010
17031-bedAED 890K · May 2017
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

1704, Marina Crown Tower in numbers

  • Sold twice: first on 27 September 2007 for AED 403,794, last on 19 November 2008 for AED 465,000 (AED 620 per sqft).
  • Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 47,829 in 2020 and recovered to AED 69,000 by July 2024.
  • At AED 69,000 a year the gross yield on the 2008 price is 14.8%, 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 July 2024.

Questions about 1704, Marina Crown Tower

What did unit 1704 last sell for?

AED 465,000 on 19 November 2008: AED 620 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 1704?

AED 69,000 a year on the contract renewed on 10 July 2024. The previous contract, from July 2024, was AED 69,000; the unit has been rented since November 2014.

How big is unit 1704?

750 sqft (69.7 sqm): a one-bedroom apartment on the 17th floor of a 48-storey tower completed in 2006.

What is unit 1704 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 1704, Marina Crown Tower

Starts from the last sale price (AED 465K, 19 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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