5-bed · 5,117 sqftMarina Crown Tower, Dubai Marina · 3rd floor · completed 2006

307, Marina Crown Tower

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

Unit 307 · DLD and Ejari recordsUpdated 5 June 2022
Last soldAED 5M1 June 2022
Current rentAED 70K /yr5 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Marina Crown Tower

What is 307 worth today?

Last sold for AED 5,000,000 in 2022

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5 Jun 2022RentedNew contract · flagged as an outlier
AED 70,000/yr12 months · AED 14 per sqft
1 Jun 2022SoldReady
AED 5,000,000AED 977 per sqft
3 Sep 2009SoldReady
AED 3,697,340AED 722 per sqft
31 Oct 2007Sold by developerReady
AED 2,755,438AED 538 per sqft

Source: Dubai Land Department. Updated 5 June 2022.

Key facts

Type
5-bed apartment
Size
5,117 sqft
Floor
3rd of 48
Parking
12(B2), 13(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 85,300 /yr
Last sold
AED 5M · June 2022

About 307, Marina Crown Tower

307 is a five-bedroom apartment of 5,117 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 1 June 2022 for AED 5,000,000, or AED 977 per sqft, in line with the AED 977 five-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2022. The current contract, signed on 5 June 2022, is AED 70,000 a year: a gross yield of 1.4% on the 2022 price, before the service charge of about AED 85,300 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical five-bed in Marina Crown Tower
4M2007201120152019Typical sale price by year: 2007 AED 2,938,934; 2009 AED 3,744,188Sold by developer, October 2007: AED 2,755,438 (AED 538 per sqft)Sold, September 2009: AED 3,697,340 (AED 722 per sqft)Sold, June 2022: AED 5,000,000 (AED 977 per sqft)

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

5-beds in Marina Crown Tower, and where 307 sits

All 6 5-beds →

307 last sold in June 2022 at AED 977 per sqft, in line with what five-beds in Marina Crown Tower were fetching at the time (AED 977). Over the last 12 months five-beds sold for AED 5,150,000, around AED 943 per sqft.

Recent 5-bed salesUnit no.Price (AED)Summary
12 Oct 20265,150,000
3 Feb 20255,250,000
24 Aug 20225,000,000
30 Nov 20215,247,000
1 5-bed sale 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
3054-bedAED 4.52M · Jul 2022
3065-bedAED 3.43M · May 2009

307, Marina Crown Tower in numbers

  • Sold 3 times: first on 31 October 2007 for AED 2,755,438, last on 1 June 2022 for AED 5,000,000 (AED 977 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 1.4%, before a service charge of about AED 85,300 a year (AED 16.67 per sqft).
  • Five-beds in Marina Crown Tower sold for AED 5,150,000–5,150,000 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 5 June 2022.

Questions about 307, Marina Crown Tower

What did unit 307 last sell for?

AED 5,000,000 on 1 June 2022: AED 977 per sqft for 5,117 sqft. The unit has 3 registered sales; the first was AED 2,755,438 in October 2007.

What is the rent for unit 307?

AED 70,000 a year on the contract signed on 5 June 2022.

How big is unit 307?

5,117 sqft (475.4 sqm): a five-bedroom apartment on the 3rd floor of a 48-storey tower completed in 2006.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Marina Crown Tower sold for AED 5,150,000 to 5,150,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 307, Marina Crown Tower

Starts from the last sale price (AED 5M, 1 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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