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3-bed · 3,882 sqftEmirates Crown Tower, Dubai Marina · 29th floor · completed 2008

2903, Emirates Crown Tower

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 3M7 March 2012
Current rentAED 240K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2903, Emirates Crown Tower

What is 2903 worth today?

Last sold for AED 3,000,000 in 2012

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20 Jan 2024RentedRenewal
AED 240,000/yr12 months · AED 62 per sqft
20 Jan 2023RentedRenewal
AED 205,000/yr12 months · AED 53 per sqft
20 Jan 2022RentedNew contract
AED 175,000/yr12 months · AED 45 per sqft
20 Dec 2019RentedRenewal
AED 165,000/yr12 months · AED 42 per sqft
20 Dec 2018RentedRenewal
AED 178,000/yr12 months · AED 46 per sqft
20 Dec 2017RentedNew contract
AED 200,000/yr12 months · AED 51 per sqft
16 Aug 2017RentedNew contract
AED 220,000/yr12 months · AED 57 per sqft
15 Jul 2016RentedRenewal
AED 220,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
3-bed apartment
Size
3,882 sqft
Floor
29th of 59
Parking
P2-12-13
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3M · March 2012
Building
Emirates Crown Tower

About 2903, Emirates Crown Tower

2903 is a three-bedroom apartment of 3,882 sqft on the 29th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. It last sold on 7 March 2012 for AED 3,000,000, or AED 772 per sqft, 9% below the AED 847 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 240,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 50,000 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, December 2009: AED 3,008,147 (AED 775 per sqft)Sold, March 2012: AED 3,000,000 (AED 772 per sqft)

2903 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2903, 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, July 2013: AED 220,000 a yearNew contract, July 2014: AED 220,000 a yearRenewal, July 2016: AED 220,000 a yearNew contract, August 2017: AED 220,000 a yearNew contract, December 2017: AED 200,000 a yearRenewal, December 2018: AED 178,000 a yearRenewal, December 2019: AED 165,000 a yearNew contract, January 2022: AED 175,000 a yearRenewal, January 2023: AED 205,000 a yearRenewal, January 2024: AED 240,000 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 2903 sits

All 141 3-beds →

2903 last sold in March 2012 at AED 772 per sqft, 9% below what three-beds in Emirates Crown Tower were fetching at the time (AED 847). 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. 2903's AED 240,000 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 29th floor

All 238 units in Emirates Crown Tower
Value
29013-bedAED 2.99M · Oct 2009
29023-bedAED 3.3M · Jul 2009
29043-bedAED 3.2M · Jul 2012

2903, Emirates Crown Tower in numbers

  • Sold twice: first on 23 December 2009 for AED 3,008,147, last on 7 March 2012 for AED 3,000,000 (AED 772 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 220,000 to AED 165,000 in 2019 and recovered to AED 240,000 by January 2024.
  • At AED 240,000 a year the gross yield on the 2012 price is 8.0%, 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 20 January 2024.

Questions about 2903, Emirates Crown Tower

What did unit 2903 last sell for?

AED 3,000,000 on 7 March 2012: AED 772 per sqft for 3,882 sqft. The unit has 2 registered sales; the first was AED 3,008,147 in December 2009.

What is the rent for unit 2903?

AED 240,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 205,000; the unit has been rented since July 2013.

How big is unit 2903?

3,882 sqft (360.6 sqm): a three-bedroom apartment on the 29th floor of a 59-storey tower completed in 2008.

What is unit 2903 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 2903, Emirates Crown Tower

Starts from the last sale price (AED 3M, 7 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →