2-bed · 1,457 sqftMarina Crown Tower, Dubai Marina · 17th floor · completed 2006

1705, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 1.8M23 July 2024
Current rentAED 122K /yr27 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Marina Crown Tower

What is 1705 worth today?

Last sold for AED 1,800,000 in 2024

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23 Jul 2024SoldReady
AED 1,800,000AED 1,235 per sqft
27 Jun 2024RentedRenewal
AED 121,550/yr12 months · AED 83 per sqft
27 Jun 2024RentedRenewal
AED 121,550/yr12 months · AED 83 per sqft
27 Jun 2023RentedRenewal
AED 110,500/yr12 months · AED 76 per sqft
27 Jun 2022RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
27 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
27 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
27 Jun 2019RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
17th of 48
Parking
45(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 24,300 /yr
Last sold
AED 1.8M · July 2024

About 1705, Marina Crown Tower

1705 is a two-bedroom apartment of 1,457 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 23 July 2024 for AED 1,800,000, or AED 1,235 per sqft, 6% above the AED 1,166 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 June 2024, is AED 121,550 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 24,300 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, April 2009: AED 1,800,000 (AED 1,235 per sqft)Sold, July 2024: AED 1,800,000 (AED 1,235 per sqft)

1705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Marina Crown Tower
100K2012201620202024Typical 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, January 2013: AED 70,000 a yearRenewal, January 2014: AED 80,000 a yearNew contract, June 2015: AED 125,000 a yearRenewal, June 2016: AED 125,000 a yearRenewal, June 2017: AED 125,000 a yearRenewal, June 2019: AED 110,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 105,000 a yearRenewal, June 2023: AED 110,500 a yearRenewal, June 2024: AED 121,550 a yearRenewal, June 2024: AED 121,550 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 1705 sits

All 116 2-beds →

1705 last sold in July 2024 at AED 1,235 per sqft, 6% above what two-beds in Marina Crown Tower were fetching at the time (AED 1,166). 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. 1705's AED 121,550 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 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
17041-bedAED 465K · Nov 2008
17061-bedAED 670K · Oct 2012
17071-bedAED 1.22M · Nov 2024
17082-bedAED 1.34M · Apr 2022
1–7 of 11

1705, Marina Crown Tower in numbers

  • Sold 3 times: first on 4 November 2007 for AED 784,463, last on 23 July 2024 for AED 1,800,000 (AED 1,235 per sqft).
  • Rented since January 2013 on 12 Ejari contracts, from AED 70,000 to AED 121,550 a year.
  • At AED 121,550 a year the gross yield on the 2024 price is 6.8%, 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 23 July 2024.

Questions about 1705, Marina Crown Tower

What did unit 1705 last sell for?

AED 1,800,000 on 23 July 2024: AED 1,235 per sqft for 1,457 sqft. The unit has 3 registered sales; the first was AED 784,463 in November 2007.

What is the rent for unit 1705?

AED 121,550 a year on the contract renewed on 27 June 2024. The previous contract, from June 2024, was AED 121,550; the unit has been rented since January 2013.

How big is unit 1705?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 17th floor of a 48-storey tower completed in 2006.

What is unit 1705 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 1705, Marina Crown Tower

Starts from the last sale price (AED 1.8M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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