1-bed · 839 sqftMarina Crown Tower, Dubai Marina · 24th floor · completed 2006

2401, Marina Crown Tower

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

Unit 2401 · DLD and Ejari recordsUpdated 14 May 2020
Last soldAED 660K14 May 2020
Current rentAED 65K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Marina Crown Tower

What is 2401 worth today?

Last sold for AED 660,000 in 2020

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14 May 2020SoldReady
AED 660,000AED 787 per sqft
1 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft
9 May 2013RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
9 Mar 2009SoldReady
AED 1,152,816AED 1,374 per sqft
12 Feb 2009SoldReady
AED 676,800AED 807 per sqft
24 Oct 2007Sold by developerReady
AED 451,495AED 538 per sqft

Source: Dubai Land Department. Updated 14 May 2020.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
24th of 48
Parking
21(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 660K · May 2020

About 2401, Marina Crown Tower

2401 is a one-bedroom apartment of 839 sqft on the 24th 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 May 2020 for AED 660,000, or AED 787 per sqft, 4% above the AED 760 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 December 2018, is AED 65,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, February 2009: AED 676,800 (AED 807 per sqft)Sold, March 2009: AED 1,152,816 (AED 1,374 per sqft)Sold, May 2020: AED 660,000 (AED 787 per sqft)

2401 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2401, 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, May 2013: AED 70,000 a yearNew contract, December 2018: AED 65,000 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 2401 sits

All 159 1-beds →

2401 last sold in May 2020 at AED 787 per sqft, 4% above 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. 2401's AED 65,000 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 24th floor

All 359 units in Marina Crown Tower
Value
24022-bedAED 1.76M · May 2023
24031-bedAED 665K · Jul 2008
24041-bedAED 1.2M · Dec 2024
24052-bedAED 1.65M · Mar 2024
24061-bedAED 678K · Mar 2008
24071-bedAED 900K · Aug 2023
24082-bedAED 1.84M · May 2022
1–7 of 11

2401, Marina Crown Tower in numbers

  • Sold 4 times: first on 24 October 2007 for AED 451,495, last on 14 May 2020 for AED 660,000 (AED 787 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 9.8%, 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 14 May 2020.

Questions about 2401, Marina Crown Tower

What did unit 2401 last sell for?

AED 660,000 on 14 May 2020: AED 787 per sqft for 839 sqft. The unit has 4 registered sales; the first was AED 451,495 in October 2007.

What is the rent for unit 2401?

AED 65,000 a year on the contract signed on 1 December 2018. The previous contract, from May 2013, was AED 70,000.

How big is unit 2401?

839 sqft (77.9 sqm): a one-bedroom apartment on the 24th floor of a 48-storey tower completed in 2006.

What is unit 2401 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 2401, Marina Crown Tower

Starts from the last sale price (AED 660K, 14 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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