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2-bed · 4,342 sqftEmirates Crown Tower, Dubai Marina · completed 2008

P04, Emirates Crown Tower

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P04 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 2.15M16 August 2010
Current rentAED 180K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P04, Emirates Crown Tower

What is P04 worth today?

Last sold for AED 2,150,000 in 2010

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24 Jan 2025RentedNew contract
AED 180,000/yr12 months · AED 41 per sqft
1 Dec 2021RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 12 per sqft
1 Dec 2020RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 12 per sqft
1 Dec 2019RentedRenewal · flagged as an outlier
AED 50,000/yr12 months · AED 12 per sqft
1 Dec 2018RentedNew contract · flagged as an outlier
AED 50,000/yr12 months · AED 12 per sqft
1 Dec 2016RentedRenewal
AED 165,000/yr12 months · AED 38 per sqft
1 Dec 2015RentedRenewal
AED 165,000/yr12 months · AED 38 per sqft
1 Dec 2014RentedRenewal
AED 165,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
2-bed apartment
Size
4,342 sqft
Parking
B2-04
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 55,900 /yr
Last sold
AED 2.15M · August 2010
Building
Emirates Crown Tower

About P04, Emirates Crown Tower

P04 is a two-bedroom apartment of 4,342 sqft of Emirates Crown Tower, a 59-storey tower in Dubai Marina completed in 2008 by Vakson First Property Development. The developer sold it on 16 August 2010 for AED 2,150,000, or AED 495 per sqft, 30% below the AED 707 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, signed on 24 January 2025, is AED 180,000 a year: a gross yield of 8.4% on the 2010 price, before the service charge of about AED 55,900 a year.

Sales and rents for P04 over time

Sales
Unit P04, each saleTypical two-bed in Emirates Crown Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 2,087,532; 2010 AED 2,150,000; 2011 AED 2,139,272; 2012 AED 1,841,250; 2013 AED 2,600,000; 2014 AED 3,885,000; 2015 AED 2,500,000; 2016 AED 2,400,000; 2017 AED 2,500,000; 2018 AED 2,330,685; 2021 AED 1,780,403; 2022 AED 1,810,490; 2023 AED 2,720,000; 2024 AED 3,150,000; 2025 AED 3,450,000Sold by developer, August 2010: AED 2,150,000 (AED 495 per sqft)

P04 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P04, each contractTypical two-bed in Emirates Crown Tower
100K150K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 140,000; 2013 AED 150,000; 2014 AED 156,250; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 109,000; 2022 AED 124,900; 2023 AED 140,000; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 166,500New contract, December 2011: AED 150,000 a yearRenewal, December 2012: AED 150,000 a yearRenewal, December 2013: AED 150,000 a yearRenewal, December 2014: AED 165,000 a yearRenewal, December 2015: AED 165,000 a yearRenewal, December 2016: AED 165,000 a yearNew contract, January 2025: AED 180,000 a year

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 P04 sits

All 73 2-beds →

P04 last sold in August 2010 at AED 495 per sqft, 30% below what two-beds in Emirates Crown Tower were fetching at the time (AED 707). P04's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 May 20253,150,000
20 May 20253,091,000
27 Mar 20253,400,000
6 Feb 20253,750,000
0 2-bed sales 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 →

P04, Emirates Crown Tower in numbers

  • Sold once: by Vakson First Property Development on 16 August 2010 for AED 2,150,000, or AED 495 per sqft.
  • Rented since December 2011 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 50,000 in 2021 and recovered to AED 180,000 by January 2025.
  • At AED 180,000 a year the gross yield on the 2010 price is 8.4%, before a service charge of about AED 55,900 a year (AED 12.87 per sqft).

Source: Dubai Land Department. Updated 24 January 2025.

Questions about P04, Emirates Crown Tower

What did unit P04 last sell for?

AED 2,150,000 on 16 August 2010, sold by the developer: AED 495 per sqft for 4,342 sqft. It is the only registered sale of the unit.

What is the rent for unit P04?

AED 180,000 a year on the contract signed on 24 January 2025. The previous contract, from December 2021, was AED 50,000; the unit has been rented since December 2011.

How big is unit P04?

4,342 sqft (403.4 sqm): a two-bedroom apartment of a 59-storey tower completed in 2008.

What is unit P04 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 P04, Emirates Crown Tower

Starts from the last sale price (AED 2.15M, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →