3-bed · 3,886 sqftEmirates Crown Tower, Dubai Marina · 15th floor · completed 2008

1502, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 3.4M3 July 2011
Current rentAED 268K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Emirates Crown Tower

What is 1502 worth today?

Last sold for AED 3,400,000 in 2011

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10 Feb 2025RentedRenewal
AED 268,400/yr12 months · AED 69 per sqft
10 Feb 2024RentedRenewal
AED 244,000/yr12 months · AED 63 per sqft
10 Feb 2022RentedRenewal
AED 185,000/yr12 months · AED 48 per sqft
10 Feb 2021RentedNew contract
AED 185,000/yr12 months · AED 48 per sqft
3 Jul 2011Sold by developerReady
AED 3,400,000AED 875 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
3-bed apartment
Size
3,886 sqft
Floor
15th of 59
Parking
B1-57-58
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3.4M · July 2011

About 1502, Emirates Crown Tower

1502 is a three-bedroom apartment of 3,886 sqft on the 15th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. The developer sold it on 3 July 2011 for AED 3,400,000, or AED 875 per sqft, in line with the AED 868 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 268,400 a year: a gross yield of 7.9% on the 2011 price, before the service charge of about AED 50,000 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical three-bed in Emirates Crown Tower
2M4M6M2009201420192024Typical sale price by year: 2009 AED 3,164,637; 2010 AED 3,145,328; 2011 AED 3,452,500; 2012 AED 3,200,000; 2013 AED 4,450,000; 2014 AED 6,500,000; 2015 AED 5,250,000; 2016 AED 4,000,000; 2017 AED 4,312,500; 2018 AED 4,200,000; 2019 AED 3,550,000; 2020 AED 2,435,000; 2021 AED 2,900,000; 2022 AED 3,900,000; 2023 AED 5,300,000; 2024 AED 5,450,000; 2025 AED 6,150,000Sold by developer, July 2011: AED 3,400,000 (AED 875 per sqft)

1502 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, each contractTypical three-bed in Emirates Crown Tower
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 242,500; 2016 AED 241,667; 2017 AED 236,000; 2018 AED 202,500; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 165,000; 2022 AED 180,000; 2023 AED 247,500; 2024 AED 262,500; 2025 AED 274,000; 2026 AED 280,000New contract, February 2021: AED 185,000 a yearRenewal, February 2022: AED 185,000 a yearRenewal, February 2024: AED 244,000 a yearRenewal, February 2025: AED 268,400 a year

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

3-beds in Emirates Crown Tower, and where 1502 sits

All 141 3-beds →

1502 last sold in July 2011 at AED 875 per sqft, in line with what three-beds in Emirates Crown Tower were fetching at the time (AED 868). Over the last 12 months three-beds sold for AED 6,150,000, around AED 1,580 per sqft, and rent for AED 231,000 to 450,000 a year. 1502's AED 268,400 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Dec 20256,150,000
20 Jun 20254,919,396
7 Mar 20256,200,000
9 Dec 20246,300,000
1 3-bed sale in the last 12 months

Emirates Crown Tower

Building

238 apartments, 1-bed to 5-bed over 59 floors in Dubai Marina, completed in 2008 by Vakson First Property Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,580
Typical sale
AED 6.15M
Typical rent
AED 236K /yr
Typical yield
4.3%
Emirates Crown Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 238 units in Emirates Crown Tower
Value
15013-bedAED 3.35M · Dec 2010
15033-bedAED 2.77M · Nov 2009
15043-bedAED 2.6M · Sep 2021

1502, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 3 July 2011 for AED 3,400,000, or AED 875 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 185,000 to AED 268,400 a year.
  • At AED 268,400 a year the gross yield on the 2011 price is 7.9%, before a service charge of about AED 50,000 a year (AED 12.87 per sqft).
  • Three-beds in Emirates Crown Tower sold for AED 6,150,000–6,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,580 per sqft.

Source: Dubai Land Department. Updated 10 February 2025.

Questions about 1502, Emirates Crown Tower

What did unit 1502 last sell for?

AED 3,400,000 on 3 July 2011, sold by the developer: AED 875 per sqft for 3,886 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 268,400 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 244,000; the unit has been rented since February 2021.

How big is unit 1502?

3,886 sqft (361.0 sqm): a three-bedroom apartment on the 15th floor of a 59-storey tower completed in 2008.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Emirates Crown Tower sold for AED 6,150,000 to 6,150,000 in the last 12 months, around AED 1,580 per sqft.

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Mortgage on 1502, Emirates Crown Tower

Starts from the last sale price (AED 3.4M, 3 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →