3-bed · 3,887 sqftEmirates Crown Tower, Dubai Marina · 37th floor · completed 2008

3701, Emirates Crown Tower

Sold prices and rental history: sold 3 times, last in June 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 3.4M23 June 2010
Current rentAED 324K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Emirates Crown Tower

What is 3701 worth today?

Last sold for AED 3,400,000 in 2010

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26 Sep 2024RentedRenewal
AED 323,596/yr3 months · AED 83 per sqft
26 Sep 2023RentedRenewal
AED 286,000/yr12 months · AED 74 per sqft
26 Sep 2022RentedNew contract
AED 260,000/yr12 months · AED 67 per sqft
29 Dec 2019RentedRenewal
AED 205,000/yr12 months · AED 53 per sqft
29 Dec 2017RentedNew contract
AED 236,000/yr12 months · AED 61 per sqft
6 Dec 2017RentedNew contract
AED 280,000/yr12 months · AED 72 per sqft
1 Mar 2017RentedRenewal
AED 255,000/yr12 months · AED 66 per sqft
29 Feb 2016RentedRenewal
AED 270,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
3-bed apartment
Size
3,887 sqft
Floor
37th of 59
Parking
P2-69-70
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 50,000 /yr
Last sold
AED 3.4M · June 2010

About 3701, Emirates Crown Tower

3701 is a three-bedroom apartment of 3,887 sqft on the 37th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. It last sold on 23 June 2010 for AED 3,400,000, or AED 874 per sqft, 6% above the AED 827 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 26 September 2024, is AED 323,596 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 50,000 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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 2009: AED 5,640,500 (AED 1,451 per sqft)Sold, April 2009: AED 3,400,000 (AED 874 per sqft)Sold, June 2010: AED 3,400,000 (AED 874 per sqft)

3701 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3701, 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 280,000Renewal, March 2015: AED 280,807 a yearRenewal, February 2016: AED 270,000 a yearRenewal, March 2017: AED 255,000 a yearNew contract, December 2017: AED 236,000 a yearNew contract, December 2017: AED 280,000 a yearRenewal, December 2019: AED 205,000 a yearNew contract, September 2022: AED 260,000 a yearRenewal, September 2023: AED 286,000 a yearRenewal, September 2024: AED 323,596 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 3701 sits

All 141 3-beds →

3701 last sold in June 2010 at AED 874 per sqft, 6% above what three-beds in Emirates Crown Tower were fetching at the time (AED 827). 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. 3701's AED 323,596 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 37th floor

All 238 units in Emirates Crown Tower
Value
37023-bedAED 5.15M · Jun 2011
37033-bedAED 3.1M · Feb 2012
37043-bedAED 2.72M · Mar 2010

3701, Emirates Crown Tower in numbers

  • Sold 3 times: first on 17 March 2009 for AED 5,640,500, last on 23 June 2010 for AED 3,400,000 (AED 874 per sqft).
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 280,807 to AED 205,000 in 2019 and recovered to AED 323,596 by September 2024.
  • At AED 323,596 a year the gross yield on the 2010 price is 9.5%, 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 26 September 2024.

Questions about 3701, Emirates Crown Tower

What did unit 3701 last sell for?

AED 3,400,000 on 23 June 2010: AED 874 per sqft for 3,887 sqft. The unit has 3 registered sales; the first was AED 5,640,500 in March 2009.

What is the rent for unit 3701?

AED 323,596 a year on the contract renewed on 26 September 2024. The previous contract, from September 2023, was AED 286,000; the unit has been rented since March 2015.

How big is unit 3701?

3,887 sqft (361.1 sqm): a three-bedroom apartment on the 37th floor of a 59-storey tower completed in 2008.

What is unit 3701 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 3701, Emirates Crown Tower

Starts from the last sale price (AED 3.4M, 23 June 2010). 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 →