2-bed · 1,484 sqftMarina Crown Tower, Dubai Marina · 3rd floor · completed 2006

301, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in January 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 17 March 2021
Last soldAED 2.3M27 January 2014
Current rentAED 30K /yr17 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Marina Crown Tower

What is 301 worth today?

Last sold for AED 2,300,000 in 2014

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17 Mar 2021RentedNew contract · flagged as an outlier
AED 30,000/yr60 months · AED 20 per sqft
14 Feb 2021RentedNew contract · flagged as an outlier
AED 29,911/yr12 months · AED 20 per sqft
1 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
18 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 44 per sqft
27 Jul 2016RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
27 Jan 2014SoldReady
AED 2,300,000AED 1,550 per sqft
20 Dec 2013RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
20 Dec 2012RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 17 March 2021.

Key facts

Type
2-bed apartment
Size
1,484 sqft
Floor
3rd of 48
Parking
1(B2), 39(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 24,700 /yr
Last sold
AED 2.3M · January 2014

About 301, Marina Crown Tower

301 is a two-bedroom apartment of 1,484 sqft on the 3rd 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 27 January 2014 for AED 2,300,000, or AED 1,550 per sqft, 52% above the AED 1,020 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 17 March 2021, is AED 30,000 a year: a gross yield of 1.3% on the 2014 price, before the service charge of about AED 24,700 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, October 2007: AED 798,834 (AED 538 per sqft)Sold, February 2009: AED 1,400,000 (AED 943 per sqft)Sold, March 2009: AED 1,600,000 (AED 1,078 per sqft)Sold, January 2014: AED 2,300,000 (AED 1,550 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Marina Crown Tower
100K2012201620202024Typical 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, December 2012: AED 105,000 a yearNew contract, December 2013: AED 110,000 a yearNew contract, July 2016: AED 80,000 a yearNew contract, January 2018: AED 65,000 a yearNew contract, September 2020: AED 80,000 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 301 sits

All 116 2-beds →

301 last sold in January 2014 at AED 1,550 per sqft, 52% above what two-beds in Marina Crown Tower were fetching at the time (AED 1,020). 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. 301's AED 30,000 is at the bottom 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 3rd floor

All 359 units in Marina Crown Tower
Value
3022-bedAED 650K · Feb 2022
3034-bedAED 4.5M · Oct 2022
3042-bedAED 3.1M · Jul 2022
3054-bedAED 4.52M · Jul 2022
3065-bedAED 3.43M · May 2009
3075-bedAED 5M · Jun 2022

301, Marina Crown Tower in numbers

  • Sold 4 times: first on 31 October 2007 for AED 798,834, last on 27 January 2014 for AED 2,300,000 (AED 1,550 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 105,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 1.3%, before a service charge of about AED 24,700 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 17 March 2021.

Questions about 301, Marina Crown Tower

What did unit 301 last sell for?

AED 2,300,000 on 27 January 2014: AED 1,550 per sqft for 1,484 sqft. The unit has 4 registered sales; the first was AED 798,834 in October 2007.

What is the rent for unit 301?

AED 30,000 a year on the contract signed on 17 March 2021. The previous contract, from February 2021, was AED 29,911; the unit has been rented since December 2012.

How big is unit 301?

1,484 sqft (137.9 sqm): a two-bedroom apartment on the 3rd floor of a 48-storey tower completed in 2006.

What is unit 301 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 301, Marina Crown Tower

Starts from the last sale price (AED 2.3M, 27 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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