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

302, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in February 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 February 2022
Last soldAED 650K25 February 2022
Current rentAED 120K /yr15 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Marina Crown Tower

What is 302 worth today?

Last sold for AED 650,000 in 2022

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25 Feb 2022SoldReady
AED 650,000AED 438 per sqft
15 Jan 2017RentedNew contract
AED 119,936/yr60 months · AED 81 per sqft
1 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
18 Feb 2009SoldReady
AED 1,480,000AED 997 per sqft
31 Oct 2007Sold by developerReady
AED 798,834AED 538 per sqft

Source: Dubai Land Department. Updated 25 February 2022.

Key facts

Type
2-bed apartment
Size
1,484 sqft
Floor
3rd of 48
Parking
2(B2), 3(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 24,700 /yr
Last sold
AED 650K · February 2022

About 302, Marina Crown Tower

302 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 25 February 2022 for AED 650,000, or AED 438 per sqft, 39% below the AED 713 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 15 January 2017, is AED 119,936 a year: a gross yield of 18.4% on the 2022 price, before the service charge of about AED 24,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 1,480,000 (AED 997 per sqft)Sold, February 2022: AED 650,000 (AED 438 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Marina Crown Tower
75K100K125K2012201620202024Typical 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, February 2016: AED 120,000 a yearNew contract, January 2017: AED 119,936 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 302 sits

All 116 2-beds →

302 last sold in February 2022 at AED 438 per sqft, 39% below what two-beds in Marina Crown Tower were fetching at the time (AED 713). 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. 302's AED 119,936 is in the lower 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 3rd floor

All 359 units in Marina Crown Tower
Value
3012-bedAED 2.3M · Jan 2014
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

302, Marina Crown Tower in numbers

  • Sold 3 times: first on 31 October 2007 for AED 798,834, last on 25 February 2022 for AED 650,000 (AED 438 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 120,000 to AED 119,936 a year.
  • At AED 119,936 a year the gross yield on the 2022 price is 18.4%, 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 25 February 2022.

Questions about 302, Marina Crown Tower

What did unit 302 last sell for?

AED 650,000 on 25 February 2022: AED 438 per sqft for 1,484 sqft. The unit has 3 registered sales; the first was AED 798,834 in October 2007.

What is the rent for unit 302?

AED 119,936 a year on the contract signed on 15 January 2017. The previous contract, from February 2016, was AED 120,000.

How big is unit 302?

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 302 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 302, Marina Crown Tower

Starts from the last sale price (AED 650K, 25 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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