1-bed · 750 sqftMarina Crown Tower, Dubai Marina · 23rd floor · completed 2006

2304, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in April 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.26M1 April 2014
Current rentAED 81K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Marina Crown Tower

What is 2304 worth today?

Last sold for AED 1,260,000 in 2014

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10 Oct 2024RentedNew contract
AED 81,000/yr12 months · AED 108 per sqft
8 Feb 2024RentedNew contract
AED 65,647/yr6 months · AED 87 per sqft
7 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
1 May 2020RentedRenewal
AED 43,861/yr12 months · AED 58 per sqft
1 May 2019RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
1 May 2018RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
30 Apr 2016RentedNew contract
AED 74,792/yr12 months · AED 99 per sqft
1 Apr 2014SoldReady
AED 1,260,000AED 1,680 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
23rd of 48
Parking
12(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 12,500 /yr
Last sold
AED 1.26M · April 2014

About 2304, Marina Crown Tower

2304 is a one-bedroom apartment of 750 sqft on the 23rd floor of Marina Crown Tower, a 48-storey tower in Dubai Marina completed in 2006 by Al Zarooni Group of Companies. It last sold on 1 April 2014 for AED 1,260,000, or AED 1,680 per sqft, 47% above the AED 1,139 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 10 October 2024, is AED 81,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 12,500 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in Marina Crown Tower
500K1M2007201220172022Typical sale price by year: 2007 AED 451,495; 2008 AED 638,800; 2009 AED 545,000; 2010 AED 750,000; 2011 AED 615,000; 2012 AED 730,000; 2013 AED 950,000; 2014 AED 1,050,000; 2015 AED 1,050,000; 2016 AED 980,000; 2017 AED 957,500; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 570,000; 2021 AED 765,000; 2022 AED 820,000; 2023 AED 1,037,500; 2024 AED 1,190,000; 2025 AED 1,300,000Sold by developer, September 2007: AED 403,794 (AED 538 per sqft)Sold, February 2014: AED 850,000 (AED 1,133 per sqft)Sold, March 2014: AED 850,000 (AED 1,133 per sqft)Sold, April 2014: AED 1,260,000 (AED 1,680 per sqft)

2304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Marina Crown Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 67,000; 2014 AED 81,250; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 68,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 50,000; 2022 AED 58,000; 2023 AED 66,550; 2024 AED 79,448; 2025 AED 82,000; 2026 AED 83,300New contract, April 2016: AED 74,792 a yearNew contract, May 2018: AED 60,000 a yearRenewal, May 2019: AED 55,000 a yearRenewal, May 2020: AED 43,861 a yearNew contract, October 2021: AED 50,000 a yearNew contract, February 2024: AED 65,647 a yearNew contract, October 2024: AED 81,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Crown Tower, and where 2304 sits

All 150 1-beds →

2304 last sold in April 2014 at AED 1,680 per sqft, 47% above what one-beds in Marina Crown Tower were fetching at the time (AED 1,139). Over the last 12 months one-beds sold for AED 1,035,000 to 1,500,000, around AED 1,534 per sqft, and rent for AED 64,860 to 175,000 a year. 2304's AED 81,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20261,035,000
16 Jan 20261,500,000
3 Jul 20251,011,743
18 Jun 20251,300,000
3 1-bed sales in the last 12 months

Marina Crown Tower

Building

359 apartments, studios to 5-bed over 48 floors in Dubai Marina, completed in 2006 by Al Zarooni Group of Companies. 8 sold in the last 12 months.

Typical price per sqft
AED 1,549
Typical sale
AED 2.9M
Typical rent
AED 113K /yr
Typical yield
6.5%
Marina Crown Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 359 units in Marina Crown Tower
Value
23011-bedAED 780K · May 2021
23022-bedAED 1.05M · Jan 2008
23031-bedAED 350K · Nov 2011
23052-bedAED 1.2M · Feb 2019
23061-bedAED 1.05M · Nov 2022
23071-bedAED 630K · Jan 2012
23082-bedAED 1.16M · Mar 2008
1–7 of 11

2304, Marina Crown Tower in numbers

  • Sold 4 times: first on 27 September 2007 for AED 403,794, last on 1 April 2014 for AED 1,260,000 (AED 1,680 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 74,792 to AED 43,861 in 2020 and recovered to AED 81,000 by October 2024.
  • At AED 81,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 12,500 a year (AED 16.67 per sqft).
  • One-beds in Marina Crown Tower sold for AED 1,035,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,549 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Questions about 2304, Marina Crown Tower

What did unit 2304 last sell for?

AED 1,260,000 on 1 April 2014: AED 1,680 per sqft for 750 sqft. The unit has 4 registered sales; the first was AED 403,794 in September 2007.

What is the rent for unit 2304?

AED 81,000 a year on the contract signed on 10 October 2024. The previous contract, from February 2024, was AED 65,647; the unit has been rented since April 2016.

How big is unit 2304?

750 sqft (69.7 sqm): a one-bedroom apartment on the 23rd floor of a 48-storey tower completed in 2006.

What is unit 2304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Crown Tower sold for AED 1,035,000 to 1,500,000 in the last 12 months, around AED 1,534 per sqft.

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Mortgage on 2304, Marina Crown Tower

Starts from the last sale price (AED 1.26M, 1 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

Plus AED 57,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →