3-bed · 2,174 sqftMarina Crown Tower, Dubai Marina · 27th floor · completed 2006

2705, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in January 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 1.58M20 January 2019
Current rentAED 170K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Marina Crown Tower

What is 2705 worth today?

Last sold for AED 1,580,000 in 2019

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15 Mar 2023RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
15 Mar 2023RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
15 Mar 2022RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
1 Jul 2020RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
15 Mar 2019RentedNew contract
AED 138,000/yr12 months · AED 63 per sqft
20 Jan 2019SoldReady
AED 1,580,000AED 726 per sqft
1 Sep 2018RentedRenewal
AED 165,000/yr2 months · AED 76 per sqft
1 Sep 2017RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
3-bed apartment
Size
2,174 sqft
Floor
27th of 48
Parking
50(Mezz), 51(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 36,200 /yr
Last sold
AED 1.58M · January 2019

About 2705, Marina Crown Tower

2705 is a three-bedroom apartment of 2,174 sqft on the 27th 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 20 January 2019 for AED 1,580,000, or AED 726 per sqft, 11% below the AED 816 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 170,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 36,200 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, each saleTypical three-bed in Marina Crown Tower
2M2007201220172022Typical sale price by year: 2007 AED 1,170,343; 2008 AED 1,656,800; 2009 AED 1,526,000; 2010 AED 1,443,528; 2011 AED 2,100,000; 2012 AED 1,255,000; 2013 AED 2,175,000; 2015 AED 2,650,000; 2016 AED 2,200,000; 2017 AED 2,450,000; 2018 AED 1,820,000; 2019 AED 1,580,000; 2021 AED 1,600,000; 2022 AED 2,064,500; 2023 AED 2,440,000; 2024 AED 2,600,000; 2025 AED 3,450,000Sold by developer, October 2007: AED 1,170,343 (AED 538 per sqft)Sold, October 2008: AED 1,526,000 (AED 702 per sqft)Sold, January 2019: AED 1,580,000 (AED 726 per sqft)

2705 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2705, each contractTypical three-bed in Marina Crown Tower
100K150K2012201620202024Typical rent by year: 2012 AED 121,000; 2013 AED 145,000; 2014 AED 152,500; 2015 AED 170,000; 2016 AED 180,000; 2017 AED 162,500; 2018 AED 160,000; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 132,000; 2023 AED 165,000; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 172,167New contract, October 2014: AED 120,000 a yearNew contract, September 2016: AED 160,000 a yearRenewal, September 2017: AED 165,000 a yearRenewal, September 2018: AED 165,000 a yearNew contract, March 2019: AED 138,000 a yearNew contract, July 2020: AED 110,000 a yearNew contract, March 2022: AED 170,000 a yearRenewal, March 2023: AED 170,000 a yearRenewal, March 2023: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Crown Tower, and where 2705 sits

All 48 3-beds →

2705 last sold in January 2019 at AED 726 per sqft, 11% below what three-beds in Marina Crown Tower were fetching at the time (AED 816). Over the last 12 months three-beds sold for AED 3,300,000 to 4,300,000, around AED 1,771 per sqft, and rent for AED 70,000 to 183,750 a year. 2705's AED 170,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20263,300,000
5 Feb 20264,300,000
21 Nov 20253,850,000
6 Nov 20253,000,000
3 3-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 27th floor

All 359 units in Marina Crown Tower
Value
27012-bedAED 1.18M · Jul 2021
27023-bedAED 1.44M · Mar 2008
27033-bedAED 1.48M · Jul 2008
27042-bedAED 1.2M · Nov 2007
27063-bedAED 2.8M · Sep 2015

2705, Marina Crown Tower in numbers

  • Sold 3 times: first on 2 October 2007 for AED 1,170,343, last on 20 January 2019 for AED 1,580,000 (AED 726 per sqft).
  • Rented since October 2014 on 9 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 36,200 a year (AED 16.67 per sqft).
  • Three-beds in Marina Crown Tower sold for AED 3,300,000–4,300,000 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 15 March 2023.

Questions about 2705, Marina Crown Tower

What did unit 2705 last sell for?

AED 1,580,000 on 20 January 2019: AED 726 per sqft for 2,174 sqft. The unit has 3 registered sales; the first was AED 1,170,343 in October 2007.

What is the rent for unit 2705?

AED 170,000 a year on the contract renewed on 15 March 2023. The previous contract, from March 2023, was AED 170,000; the unit has been rented since October 2014.

How big is unit 2705?

2,174 sqft (202.0 sqm): a three-bedroom apartment on the 27th floor of a 48-storey tower completed in 2006.

What is unit 2705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Crown Tower sold for AED 3,300,000 to 4,300,000 in the last 12 months, around AED 1,771 per sqft.

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Mortgage on 2705, Marina Crown Tower

Starts from the last sale price (AED 1.58M, 20 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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