4-bed · 3,640 sqftMarina Crown Tower, Dubai Marina · 3rd floor · completed 2006

305, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 4.52M22 July 2022
Current rentAED 200K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Marina Crown Tower

What is 305 worth today?

Last sold for AED 4,520,000 in 2022

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15 Aug 2022RentedNew contract
AED 200,000/yr120 months · AED 55 per sqft
12 Aug 2022RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 14 per sqft
22 Jul 2022SoldReady
AED 4,520,000AED 1,241 per sqft
15 Jun 2019RentedNew contract
AED 220,000/yr12 months · AED 60 per sqft
1 Jan 2012RentedNew contract
AED 155,000/yr12 months · AED 43 per sqft
6 May 2009SoldReady
AED 2,548,000AED 700 per sqft
31 Oct 2007Sold by developerReady
AED 1,959,851AED 538 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
4-bed apartment
Size
3,640 sqft
Floor
3rd of 48
Parking
8(B2), 9(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 60,700 /yr
Last sold
AED 4.52M · July 2022

About 305, Marina Crown Tower

305 is a four-bedroom apartment of 3,640 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 22 July 2022 for AED 4,520,000, or AED 1,241 per sqft, 35% above the AED 922 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 200,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 60,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical four-bed in Marina Crown Tower
2M4M6M2007201220172022Typical sale price by year: 2007 AED 1,627,460; 2008 AED 4,200,000; 2009 AED 2,367,300; 2010 AED 2,356,385; 2012 AED 2,100,000; 2013 AED 2,850,000; 2014 AED 2,150,000; 2016 AED 5,500,000; 2020 AED 1,750,000; 2022 AED 4,500,000; 2023 AED 2,945,203; 2025 AED 4,041,000Sold by developer, October 2007: AED 1,959,851 (AED 538 per sqft)Sold, May 2009: AED 2,548,000 (AED 700 per sqft)Sold, July 2022: AED 4,520,000 (AED 1,241 per sqft)

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

Rents
Unit 305, each contractTypical four-bed in Marina Crown Tower
100K200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 180,000; 2014 AED 230,000; 2015 AED 245,750; 2016 AED 233,250; 2017 AED 225,750; 2018 AED 190,000; 2019 AED 170,000; 2020 AED 120,000; 2022 AED 170,000; 2023 AED 185,000; 2024 AED 207,360; 2025 AED 270,000; 2026 AED 265,000New contract, January 2012: AED 155,000 a yearNew contract, June 2019: AED 220,000 a yearNew contract, August 2022: AED 200,000 a year

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

4-beds in Marina Crown Tower, and where 305 sits

All 30 4-beds →

305 last sold in July 2022 at AED 1,241 per sqft, 35% above what four-beds in Marina Crown Tower were fetching at the time (AED 922). Over the last 12 months four-beds sold for AED 4,500,000 to 7,562,150, around AED 1,526 per sqft, and rent for AED 190,000 to 357,000 a year. 305's AED 200,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
10 Feb 20267,562,150
9 Feb 20264,500,000
6 Nov 20255,000,000
15 May 20254,082,000
2 4-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
3022-bedAED 650K · Feb 2022
3034-bedAED 4.5M · Oct 2022
3042-bedAED 3.1M · Jul 2022
3065-bedAED 3.43M · May 2009
3075-bedAED 5M · Jun 2022

305, Marina Crown Tower in numbers

  • Sold 3 times: first on 31 October 2007 for AED 1,959,851, last on 22 July 2022 for AED 4,520,000 (AED 1,241 per sqft).
  • Rented since January 2012 on 4 Ejari contracts. The rent fell from AED 155,000 to AED 50,000 in 2022 and recovered to AED 200,000 by August 2022.
  • At AED 200,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 60,700 a year (AED 16.67 per sqft).
  • Four-beds in Marina Crown Tower sold for AED 4,500,000–7,562,150 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 August 2022.

Questions about 305, Marina Crown Tower

What did unit 305 last sell for?

AED 4,520,000 on 22 July 2022: AED 1,241 per sqft for 3,640 sqft. The unit has 3 registered sales; the first was AED 1,959,851 in October 2007.

What is the rent for unit 305?

AED 200,000 a year on the contract signed on 15 August 2022. The previous contract, from August 2022, was AED 50,000; the unit has been rented since January 2012.

How big is unit 305?

3,640 sqft (338.2 sqm): a four-bedroom apartment on the 3rd floor of a 48-storey tower completed in 2006.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Marina Crown Tower sold for AED 4,500,000 to 7,562,150 in the last 12 months, around AED 1,526 per sqft.

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Mortgage on 305, Marina Crown Tower

Starts from the last sale price (AED 4.52M, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,520,000
Deposit, UAE resident (20%)
AED 904,000
Deposit, non-resident (40%)
AED 1,808,000
Monthly over 25 years at 3.7%
AED 18,493

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