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

2407, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 900K10 August 2023
Current rentAED 60K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Marina Crown Tower

What is 2407 worth today?

Last sold for AED 900,000 in 2023

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10 Aug 2023SoldReady
AED 900,000AED 1,073 per sqft
15 Mar 2023RentedNew contract
AED 59,800/yr12 months · AED 71 per sqft
15 Mar 2022RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
1 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
9 Jan 2020RentedNew contract
AED 51,000/yr12 months · AED 61 per sqft
26 Aug 2019SoldReady
AED 610,000AED 727 per sqft
20 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
27 Sep 2017RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
24th of 48
Parking
27(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 900K · August 2023

About 2407, Marina Crown Tower

2407 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 10 August 2023 for AED 900,000, or AED 1,073 per sqft, 3% below the AED 1,109 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 March 2023, is AED 59,800 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, May 2008: AED 950,000 (AED 1,132 per sqft)Sold, August 2019: AED 610,000 (AED 727 per sqft)Sold, August 2023: AED 900,000 (AED 1,073 per sqft)

2407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2407, each contractTypical one-bed in Marina Crown Tower
40K60K80K2012201620202024Typical 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, September 2013: AED 54,696 a yearNew contract, September 2015: AED 70,000 a yearRenewal, September 2016: AED 77,000 a yearRenewal, September 2017: AED 80,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, January 2020: AED 51,000 a yearNew contract, March 2021: AED 42,000 a yearNew contract, March 2022: AED 52,000 a yearNew contract, March 2023: AED 59,800 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 2407 sits

All 159 1-beds →

2407 last sold in August 2023 at AED 1,073 per sqft, 3% below what one-beds in Marina Crown Tower were fetching at the time (AED 1,109). 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. 2407's AED 59,800 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
24011-bedAED 660K · May 2020
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
24082-bedAED 1.84M · May 2022
1–7 of 11

2407, Marina Crown Tower in numbers

  • Sold 4 times: first on 3 October 2007 for AED 451,495, last on 10 August 2023 for AED 900,000 (AED 1,073 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 54,696 to AED 42,000 in 2021 and recovered to AED 59,800 by March 2023.
  • At AED 59,800 a year the gross yield on the 2023 price is 6.6%, 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 10 August 2023.

Questions about 2407, Marina Crown Tower

What did unit 2407 last sell for?

AED 900,000 on 10 August 2023: AED 1,073 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 2407?

AED 59,800 a year on the contract signed on 15 March 2023. The previous contract, from March 2022, was AED 52,000; the unit has been rented since September 2013.

How big is unit 2407?

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

What is unit 2407 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 2407, Marina Crown Tower

Starts from the last sale price (AED 900K, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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