1-bed · 754 sqftMarina Crown Tower, Dubai Marina · 7th floor · completed 2006

704, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 April 2021
Last soldAED 710K12 September 2012
Current rentAED 42K /yr5 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Marina Crown Tower

What is 704 worth today?

Last sold for AED 710,000 in 2012

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5 Apr 2021RentedRenewal
AED 41,884/yr12 months · AED 56 per sqft
5 Apr 2020RentedNew contract
AED 52,500/yr12 months · AED 70 per sqft
14 Mar 2019RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
1 Apr 2018RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
4 Nov 2016RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft
4 Nov 2015RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
20 Oct 2014RentedNew contract
AED 83,000/yr12 months · AED 110 per sqft
12 Sep 2012SoldReady
AED 710,000AED 941 per sqft

Source: Dubai Land Department. Updated 5 April 2021.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
7th of 48
Parking
41(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,600 /yr
Last sold
AED 710K · September 2012

About 704, Marina Crown Tower

704 is a one-bedroom apartment of 754 sqft on the 7th 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 12 September 2012 for AED 710,000, or AED 941 per sqft, 7% below the AED 1,013 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 April 2021, is AED 41,884 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Marina Crown Tower
500K1M20072012201720222027Typical 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, November 2007: AED 605,000 (AED 802 per sqft)Sold, September 2012: AED 710,000 (AED 941 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Marina Crown Tower
40K60K80K2012201620202024Typical 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, October 2014: AED 83,000 a yearNew contract, November 2015: AED 85,000 a yearRenewal, November 2016: AED 80,000 a yearNew contract, April 2018: AED 75,000 a yearNew contract, March 2019: AED 68,000 a yearNew contract, April 2020: AED 52,500 a yearRenewal, April 2021: AED 41,884 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 704 sits

All 159 1-beds →

704 last sold in September 2012 at AED 941 per sqft, 7% below what one-beds in Marina Crown Tower were fetching at the time (AED 1,013). 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. 704's AED 41,884 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 7th floor

All 359 units in Marina Crown Tower
Value
7011-bedAED 1.2M · Apr 2026
7022-bedAED 1M · Jan 2020
7031-bedAED 850K · Jan 2014
7052-bedAED 1.66M · Feb 2025
7061-bedAED 570K · Oct 2020
7071-bedAED 480K · May 2008
7082-bedAED 2.01M · May 2026
1–7 of 11

704, Marina Crown Tower in numbers

  • Sold 3 times: first on 3 October 2007 for AED 406,169, last on 12 September 2012 for AED 710,000 (AED 941 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 83,000 to AED 41,884 a year.
  • At AED 41,884 a year the gross yield on the 2012 price is 5.9%, 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 5 April 2021.

Questions about 704, Marina Crown Tower

What did unit 704 last sell for?

AED 710,000 on 12 September 2012: AED 941 per sqft for 754 sqft. The unit has 3 registered sales; the first was AED 406,169 in October 2007.

What is the rent for unit 704?

AED 41,884 a year on the contract renewed on 5 April 2021. The previous contract, from April 2020, was AED 52,500; the unit has been rented since October 2014.

How big is unit 704?

754 sqft (70.0 sqm): a one-bedroom apartment on the 7th floor of a 48-storey tower completed in 2006.

What is unit 704 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 704, Marina Crown Tower

Starts from the last sale price (AED 710K, 12 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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