506, Emirates Crown Tower
Sold prices and rental history: sold twice, last in November 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Emirates Crown Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,614 sqft
- Floor
- 5th of 59
- Parking
- B2-34
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 33,600 /yr
- Last sold
- AED 1.75M · November 2011
- Building
- Emirates Crown Tower
About 506, Emirates Crown Tower
506 is a two-bedroom apartment of 2,614 sqft on the 5th floor of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. It last sold on 21 November 2011 for AED 1,750,000, or AED 669 per sqft, 23% below the AED 864 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 205,000 a year: a gross yield of 11.7% on the 2011 price, before the service charge of about AED 33,600 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Emirates Crown Tower, and where 506 sits
All 73 2-beds →506 last sold in November 2011 at AED 669 per sqft, 23% below what two-beds in Emirates Crown Tower were fetching at the time (AED 864). 506's AED 205,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 May 202528 May 2025 | 2,614 sqft | 3,150,000 | 1,205 | ||
| 20 May 202520 May 2025 | 2,456 sqft | 3,091,000 | 1,258 | ||
| 27 Mar 202527 March 2025 | 2,587 sqft | 3,400,000 | 1,314 | ||
| 6 Feb 20256 February 2025 | 2,617 sqft | 3,750,000 | 1,432 |
Emirates Crown Tower
Building238 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%
Other units on the 5th floor
All 238 units in Emirates Crown Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,455 sqft | AED 1.64MAED 1,635,000 · Dec 2011December 2011 | 170,000 /yr | |
| 502 | 2-bed | 2,614 sqft | AED 1.75MAED 1,750,000 · Mar 2011March 2011 | 220,000 /yr | |
| 503 | 2-bed | 2,615 sqft | AED 3MAED 3,000,000 · Jun 2023June 2023 | 230,000 /yr | |
| 504 | 2-bed | 1,228 sqft | AED 2.5MAED 2,500,000 · Jul 2015July 2015 | 69,613 /yr | |
| 505 | 2-bed | 2,614 sqft | AED 2.58MAED 2,575,000 · Aug 2022August 2022 | 100,000 /yr |
506, Emirates Crown Tower in numbers
- Sold twice: first on 21 April 2009 for AED 2,015,972, last on 21 November 2011 for AED 1,750,000 (AED 669 per sqft).
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 130,500 to AED 105,000 in 2020 and recovered to AED 205,000 by October 2024.
- At AED 205,000 a year the gross yield on the 2011 price is 11.7%, before a service charge of about AED 33,600 a year (AED 12.87 per sqft).
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 506, Emirates Crown Tower
What did unit 506 last sell for?
AED 1,750,000 on 21 November 2011: AED 669 per sqft for 2,614 sqft. The unit has 2 registered sales; the first was AED 2,015,972 in April 2009.
What is the rent for unit 506?
AED 205,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 195,000; the unit has been rented since July 2017.
How big is unit 506?
2,614 sqft (242.8 sqm): a two-bedroom apartment on the 5th floor of a 59-storey tower completed in 2008.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 506, Emirates Crown Tower
Starts from the last sale price (AED 1.75M, 21 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →