1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 23rd floor · completed 2006

2312, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 1.16M3 April 2024
Current rentAED 50K /yr27 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, Marina Crown Tower

What is 2312 worth today?

Last sold for AED 1,160,000 in 2024

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3 Apr 2024SoldReady
AED 1,160,000AED 1,383 per sqft
27 Sep 2022RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
22 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
22 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
15 Feb 2013RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
8 Oct 2009SoldReady
AED 955,770AED 1,139 per sqft
16 Mar 2008SoldReady
AED 685,800AED 817 per sqft
23 Aug 2007Sold by developerReady
AED 451,495AED 538 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
23rd of 48
Parking
20(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.16M · April 2024

About 2312, Marina Crown Tower

2312 is a one-bedroom apartment of 839 sqft on the 23rd 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 3 April 2024 for AED 1,160,000, or AED 1,383 per sqft, in line with the AED 1,392 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 27 September 2022, is AED 50,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, 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, August 2007: AED 451,495 (AED 538 per sqft)Sold, March 2008: AED 685,800 (AED 817 per sqft)Sold, October 2009: AED 955,770 (AED 1,139 per sqft)Sold, April 2024: AED 1,160,000 (AED 1,383 per sqft)

2312 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2312, 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, February 2013: AED 60,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, June 2022: AED 50,000 a yearNew contract, September 2022: AED 50,000 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 2312 sits

All 159 1-beds →

2312 last sold in April 2024 at AED 1,383 per sqft, in line with what one-beds in Marina Crown Tower were fetching at the time (AED 1,392). 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. 2312's AED 50,000 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 23rd floor

All 359 units in Marina Crown Tower
Value
23011-bedAED 780K · May 2021
23022-bedAED 1.05M · Jan 2008
23031-bedAED 350K · Nov 2011
23041-bedAED 1.26M · Apr 2014
23052-bedAED 1.2M · Feb 2019
23061-bedAED 1.05M · Nov 2022
23071-bedAED 630K · Jan 2012
1–7 of 11

2312, Marina Crown Tower in numbers

  • Sold 4 times: first on 23 August 2007 for AED 451,495, last on 3 April 2024 for AED 1,160,000 (AED 1,383 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.3%, 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 3 April 2024.

Questions about 2312, Marina Crown Tower

What did unit 2312 last sell for?

AED 1,160,000 on 3 April 2024: AED 1,383 per sqft for 839 sqft. The unit has 4 registered sales; the first was AED 451,495 in August 2007.

What is the rent for unit 2312?

AED 50,000 a year on the contract signed on 27 September 2022. The previous contract, from June 2022, was AED 50,000; the unit has been rented since February 2013.

How big is unit 2312?

839 sqft (77.9 sqm): a one-bedroom apartment on the 23rd floor of a 48-storey tower completed in 2006.

What is unit 2312 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 2312, Marina Crown Tower

Starts from the last sale price (AED 1.16M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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