1-bed · 754 sqftMarina Crown Tower, Dubai Marina · 5th floor · completed 2006

509, Marina Crown Tower

Sold prices and rental history: sold twice, last in July 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 October 2014
Last soldAED 303K9 July 2009
Current rentAED 89K /yr15 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Crown Tower

What is 509 worth today?

Last sold for AED 302,900 in 2009

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15 Oct 2014RentedNew contract
AED 89,000/yr12 months · AED 118 per sqft
24 Jul 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
9 Jul 2009SoldReady
AED 302,900AED 401 per sqft
23 Oct 2007Sold by developerReady
AED 406,169AED 538 per sqft

Source: Dubai Land Department. Updated 15 October 2014.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
5th of 48
Parking
22(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,600 /yr
Last sold
AED 303K · July 2009

About 509, Marina Crown Tower

509 is a one-bedroom apartment of 754 sqft on the 5th 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 9 July 2009 for AED 302,900, or AED 401 per sqft, 48% below the AED 775 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 October 2014, is AED 89,000 a year: a gross yield of 29.4% on the 2009 price, before the service charge of about AED 12,600 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Marina Crown Tower
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 451,495; 2008 AED 650,000; 2009 AED 535,132; 2010 AED 750,000; 2011 AED 615,000; 2012 AED 730,000; 2013 AED 910,000; 2014 AED 1,050,000; 2015 AED 1,116,390; 2016 AED 980,000; 2017 AED 957,500; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 570,000; 2021 AED 765,000; 2022 AED 820,000; 2023 AED 1,017,189; 2024 AED 1,200,000; 2025 AED 1,325,000; 2026 AED 1,220,757Sold by developer, October 2007: AED 406,169 (AED 538 per sqft)Sold, July 2009: AED 302,900 (AED 401 per sqft)

509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Marina Crown Tower
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 67,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 58,000; 2023 AED 66,000; 2024 AED 77,000; 2025 AED 82,000; 2026 AED 76,202New contract, July 2013: AED 75,000 a yearNew contract, October 2014: AED 89,000 a year

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

1-beds in Marina Crown Tower, and where 509 sits

All 159 1-beds →

509 last sold in July 2009 at AED 401 per sqft, 48% below what one-beds in Marina Crown Tower were fetching at the time (AED 775). Over the last 12 months one-beds sold for AED 1,020,000 to 1,500,000, around AED 1,472 per sqft, and rent for AED 39,000 to 175,000 a year. 509's AED 89,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 20261,221,164
25 Aug 20261,020,000
27 Jun 20261,220,757
3 Jun 20261,140,935
10 1-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 5th floor

All 359 units in Marina Crown Tower
Value
5011-bedAED 850K · May 2016
5022-bedAED 1.96M · Jan 2026
5031-bedAED 1.25M · May 2026
5041-bedAED 1.02M · Aug 2026
5052-bedAED 1.55M · Sep 2024
5061-bedAED 458K · Dec 2013
5071-bedAED 870K · Jun 2022
1–7 of 11

509, Marina Crown Tower in numbers

  • Sold twice: first on 23 October 2007 for AED 406,169, last on 9 July 2009 for AED 302,900 (AED 401 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 75,000 to AED 89,000 a year.
  • At AED 89,000 a year the gross yield on the 2009 price is 29.4%, before a service charge of about AED 12,600 a year (AED 16.67 per sqft).
  • One-beds in Marina Crown Tower sold for AED 1,020,000–1,500,000 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 15 October 2014.

Questions about 509, Marina Crown Tower

What did unit 509 last sell for?

AED 302,900 on 9 July 2009: AED 401 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 406,169 in October 2007.

What is the rent for unit 509?

AED 89,000 a year on the contract signed on 15 October 2014. The previous contract, from July 2013, was AED 75,000.

How big is unit 509?

754 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 48-storey tower completed in 2006.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Crown Tower sold for AED 1,020,000 to 1,500,000 in the last 12 months, around AED 1,472 per sqft.

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Mortgage on 509, Marina Crown Tower

Starts from the last sale price (AED 303K, 9 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 302,900
Deposit, UAE resident (20%)
AED 60,580
Deposit, non-resident (40%)
AED 121,160
Monthly over 25 years at 3.7%
AED 1,239

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