3-bed · 3,882 sqftEmirates Crown Tower, Dubai Marina · 23rd floor · completed 2008

2303, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in November 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 13 November 2019
Last soldAED 4M13 November 2019
Current rentAED 235K /yr15 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Emirates Crown Tower

What is 2303 worth today?

Last sold for AED 4,000,000 in 2019

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13 Nov 2019SoldReady
AED 4,000,000AED 1,030 per sqft
13 Mar 2018SoldReady
AED 3,900,000AED 1,004 per sqft
15 Nov 2016RentedNew contract
AED 235,000/yr12 months · AED 60 per sqft
1 Nov 2014RentedNew contract
AED 250,000/yr12 months · AED 64 per sqft
10 Mar 2013RentedNew contract
AED 220,000/yr12 months · AED 57 per sqft
7 Mar 2011Sold by developerReady
AED 3,512,575AED 904 per sqft

Source: Dubai Land Department. Updated 13 November 2019.

Key facts

Type
3-bed apartment
Size
3,882 sqft
Floor
23rd of 59
Parking
P1-56-57
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 4M · November 2019

About 2303, Emirates Crown Tower

2303 is a three-bedroom apartment of 3,882 sqft on the 23rd floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. It last sold on 13 November 2019 for AED 4,000,000, or AED 1,030 per sqft, 13% above the AED 914 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 November 2016, is AED 235,000 a year: a gross yield of 5.9% on the 2019 price, before the service charge of about AED 50,000 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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, March 2011: AED 3,512,575 (AED 904 per sqft)Sold, March 2018: AED 3,900,000 (AED 1,004 per sqft)Sold, November 2019: AED 4,000,000 (AED 1,030 per sqft)

2303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, 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, March 2013: AED 220,000 a yearNew contract, November 2014: AED 250,000 a yearNew contract, November 2016: AED 235,000 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 2303 sits

All 141 3-beds →

2303 last sold in November 2019 at AED 1,030 per sqft, 13% above what three-beds in Emirates Crown Tower were fetching at the time (AED 914). 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. 2303's AED 235,000 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 23rd floor

All 238 units in Emirates Crown Tower
Value
23013-bedAED 3.51M · Mar 2011
23023-bedAED 5.45M · Apr 2024
23043-bedAED 3.51M · Oct 2010

2303, Emirates Crown Tower in numbers

  • Sold 3 times: first on 7 March 2011 for AED 3,512,575, last on 13 November 2019 for AED 4,000,000 (AED 1,030 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 220,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2019 price is 5.9%, 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 13 November 2019.

Questions about 2303, Emirates Crown Tower

What did unit 2303 last sell for?

AED 4,000,000 on 13 November 2019: AED 1,030 per sqft for 3,882 sqft. The unit has 3 registered sales; the first was AED 3,512,575 in March 2011.

What is the rent for unit 2303?

AED 235,000 a year on the contract signed on 15 November 2016. The previous contract, from November 2014, was AED 250,000; the unit has been rented since March 2013.

How big is unit 2303?

3,882 sqft (360.6 sqm): a three-bedroom apartment on the 23rd floor of a 59-storey tower completed in 2008.

What is unit 2303 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 2303, Emirates Crown Tower

Starts from the last sale price (AED 4M, 13 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →