1-bed · 750 sqftMarina Crown Tower, Dubai Marina · 20th floor · completed 2006

2004, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 550K29 June 2020
Current rentAED 45K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Marina Crown Tower

What is 2004 worth today?

Last sold for AED 550,000 in 2020

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1 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
29 Jun 2020SoldReady
AED 550,000AED 733 per sqft
10 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
1 May 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
17 Apr 2017SoldReady
AED 920,000AED 1,226 per sqft
15 Dec 2014RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
27 Jan 2014RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
23 Jan 2013RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
20th of 48
Parking
79(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,500 /yr
Last sold
AED 550K · June 2020

About 2004, Marina Crown Tower

2004 is a one-bedroom apartment of 750 sqft on the 20th 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 29 June 2020 for AED 550,000, or AED 733 per sqft, 4% below the AED 760 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 August 2020, is AED 45,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, January 2009: AED 617,800 (AED 823 per sqft)Sold, April 2017: AED 920,000 (AED 1,226 per sqft)Sold, June 2020: AED 550,000 (AED 733 per sqft)

2004 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, each contractTypical one-bed in Marina Crown Tower
50K75K2012201620202024Typical 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, January 2013: AED 50,000 a yearNew contract, January 2014: AED 50,000 a yearNew contract, December 2014: AED 90,000 a yearNew contract, May 2017: AED 80,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, August 2020: AED 45,000 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 2004 sits

All 159 1-beds →

2004 last sold in June 2020 at AED 733 per sqft, 4% below what one-beds in Marina Crown Tower were fetching at the time (AED 760). 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. 2004's AED 45,000 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 20th floor

All 359 units in Marina Crown Tower
Value
20011-bedAED 860K · Jul 2021
20022-bedAED 1.16M · Nov 2007
20031-bedAED 600K · Dec 2008
20052-bedAED 1.66M · May 2014
20061-bedAED 299K · Mar 2009
20071-bedAED 780K · Sep 2022
20082-bedAED 1.93M · Jun 2023
1–7 of 11

2004, Marina Crown Tower in numbers

  • Sold 4 times: first on 27 September 2007 for AED 403,794, last on 29 June 2020 for AED 550,000 (AED 733 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2020 price is 8.2%, 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 1 August 2020.

Questions about 2004, Marina Crown Tower

What did unit 2004 last sell for?

AED 550,000 on 29 June 2020: AED 733 per sqft for 750 sqft. The unit has 4 registered sales; the first was AED 403,794 in September 2007.

What is the rent for unit 2004?

AED 45,000 a year on the contract signed on 1 August 2020. The previous contract, from August 2018, was AED 65,000; the unit has been rented since January 2013.

How big is unit 2004?

750 sqft (69.7 sqm): a one-bedroom apartment on the 20th floor of a 48-storey tower completed in 2006.

What is unit 2004 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 2004, Marina Crown Tower

Starts from the last sale price (AED 550K, 29 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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