2-bed · 1,714 sqftMarina Crown Tower, Dubai Marina · 29th floor · completed 2006

2904, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in May 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 6 March 2016
Last soldAED 2M7 May 2014
Current rentAED 160K /yr6 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Marina Crown Tower

What is 2904 worth today?

Last sold for AED 2,000,000 in 2014

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6 Mar 2016RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
15 Sep 2015RentedNew contract · flagged as an outlier
AED 38,400/yr12 months · AED 22 per sqft
7 May 2014SoldReady
AED 2,000,000AED 1,166 per sqft
20 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
20 Mar 2013SoldReady
AED 1,350,000AED 787 per sqft
17 Mar 2008Sold by developerReady
AED 900,000AED 525 per sqft

Source: Dubai Land Department. Updated 6 March 2016.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
29th of 48
Parking
8(1ST)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 28,600 /yr
Last sold
AED 2M · May 2014

About 2904, Marina Crown Tower

2904 is a two-bedroom apartment of 1,714 sqft on the 29th 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 7 May 2014 for AED 2,000,000, or AED 1,166 per sqft, 10% below the AED 1,299 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 6 March 2016, is AED 160,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, each saleTypical two-bed in Marina Crown Tower
1M2M20072012201720222027Typical sale price by year: 2007 AED 784,463; 2008 AED 1,129,800; 2009 AED 1,250,000; 2010 AED 988,800; 2011 AED 1,150,000; 2012 AED 1,382,500; 2013 AED 1,350,000; 2014 AED 1,950,000; 2015 AED 1,720,000; 2016 AED 1,750,000; 2017 AED 1,530,000; 2018 AED 1,300,000; 2019 AED 1,050,000; 2020 AED 970,000; 2021 AED 1,175,000; 2022 AED 1,495,700; 2023 AED 1,740,538; 2024 AED 1,775,000; 2025 AED 1,894,000; 2026 AED 1,852,500Sold by developer, March 2008: AED 900,000 (AED 525 per sqft)Sold, March 2013: AED 1,350,000 (AED 787 per sqft)Sold, May 2014: AED 2,000,000 (AED 1,166 per sqft)

2904 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, each contractTypical two-bed in Marina Crown Tower
100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,109; 2017 AED 120,000; 2018 AED 98,750; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 91,750; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 130,000New contract, November 2013: AED 135,000 a yearNew contract, March 2016: AED 160,000 a year

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

2-beds in Marina Crown Tower, and where 2904 sits

All 116 2-beds →

2904 last sold in May 2014 at AED 1,166 per sqft, 10% below what two-beds in Marina Crown Tower were fetching at the time (AED 1,299). Over the last 12 months two-beds sold for AED 1,683,000 to 2,005,512, around AED 1,312 per sqft, and rent for AED 75,000 to 200,000 a year. 2904's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20261,750,000
22 May 20261,683,000
22 May 20262,005,512
16 Jan 20261,955,000
4 2-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 29th floor

All 359 units in Marina Crown Tower
Value
29012-bedAED 2.16M · Feb 2024
29023-bedAED 1.15M · Mar 2008
29033-bedAED 2.5M · May 2014
29053-bedAED 1.6M · Jan 2021
29063-bedAED 1.7M · Feb 2019

2904, Marina Crown Tower in numbers

  • Sold 3 times: first on 17 March 2008 for AED 900,000, last on 7 May 2014 for AED 2,000,000 (AED 1,166 per sqft).
  • Rented since November 2013 on 3 Ejari contracts. The rent fell from AED 135,000 to AED 38,400 in 2015 and recovered to AED 160,000 by March 2016.
  • At AED 160,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 28,600 a year (AED 16.67 per sqft).
  • Two-beds in Marina Crown Tower sold for AED 1,683,000–2,005,512 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 6 March 2016.

Questions about 2904, Marina Crown Tower

What did unit 2904 last sell for?

AED 2,000,000 on 7 May 2014: AED 1,166 per sqft for 1,714 sqft. The unit has 3 registered sales; the first was AED 900,000 in March 2008.

What is the rent for unit 2904?

AED 160,000 a year on the contract signed on 6 March 2016. The previous contract, from September 2015, was AED 38,400; the unit has been rented since November 2013.

How big is unit 2904?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 29th floor of a 48-storey tower completed in 2006.

What is unit 2904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Crown Tower sold for AED 1,683,000 to 2,005,512 in the last 12 months, around AED 1,312 per sqft.

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Mortgage on 2904, Marina Crown Tower

Starts from the last sale price (AED 2M, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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