2-bed · 1,457 sqftMarina Crown Tower, Dubai Marina · 23rd floor · completed 2006

2311, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2311 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 1.6M15 May 2023
Current rentAED 170K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2311, Marina Crown Tower

What is 2311 worth today?

Last sold for AED 1,600,000 in 2023

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21 Mar 2024RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft
15 May 2023SoldReady
AED 1,600,000AED 1,098 per sqft
20 Aug 2022RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
1 Feb 2022RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
1 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
18 Nov 2019RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
18 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
4 Apr 2018RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2024.

Key facts

Type
2-bed apartment
Size
1,457 sqft
Floor
23rd of 48
Parking
19(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 24,300 /yr
Last sold
AED 1.6M · May 2023

About 2311, Marina Crown Tower

2311 is a two-bedroom apartment of 1,457 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 15 May 2023 for AED 1,600,000, or AED 1,098 per sqft, in line with the AED 1,085 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 21 March 2024, is AED 170,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 24,300 a year.

Sales and rents for 2311 over time

Sales
Unit 2311, each saleTypical two-bed in Marina Crown Tower
1M2M2007201220172022Typical sale price by year: 2007 AED 784,463; 2008 AED 1,130,300; 2009 AED 1,250,000; 2010 AED 988,800; 2011 AED 1,150,000; 2012 AED 1,382,500; 2013 AED 1,350,000; 2014 AED 1,950,000; 2015 AED 1,720,000; 2016 AED 1,575,000; 2017 AED 1,530,000; 2019 AED 1,050,000; 2020 AED 970,000; 2021 AED 1,175,000; 2022 AED 1,495,700; 2023 AED 1,740,538; 2024 AED 1,775,000; 2025 AED 1,800,000Sold by developer, October 2007: AED 784,463 (AED 538 per sqft)Sold, March 2009: AED 1,090,704 (AED 748 per sqft)Sold, May 2023: AED 1,600,000 (AED 1,098 per sqft)

2311 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2311, each contractTypical two-bed in Marina Crown Tower
100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 126,250; 2015 AED 135,000; 2016 AED 125,272; 2017 AED 120,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 72,000; 2021 AED 78,750; 2022 AED 95,000; 2023 AED 110,250; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 125,000New contract, August 2012: AED 80,000 a yearNew contract, April 2018: AED 105,000 a yearNew contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, February 2021: AED 70,000 a yearRenewal, February 2022: AED 80,000 a yearNew contract, August 2022: AED 100,000 a yearNew contract, March 2024: AED 170,000 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 Marina Crown Tower, and where 2311 sits

All 113 2-beds →

2311 last sold in May 2023 at AED 1,098 per sqft, in line with what two-beds in Marina Crown Tower were fetching at the time (AED 1,085). Over the last 12 months two-beds sold for AED 1,955,000, around AED 1,385 per sqft, and rent for AED 75,000 to 200,000 a year. 2311's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jan 20261,955,000
7 Jul 20251,550,000
7 Apr 20252,200,000
11 Mar 20251,894,000
1 2-bed sale 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
23041-bedAED 1.26M · Apr 2014
23052-bedAED 1.2M · Feb 2019
23061-bedAED 1.05M · Nov 2022
23071-bedAED 630K · Jan 2012
1–7 of 11

2311, Marina Crown Tower in numbers

  • Sold 3 times: first on 1 October 2007 for AED 784,463, last on 15 May 2023 for AED 1,600,000 (AED 1,098 per sqft).
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 170,000 by March 2024.
  • At AED 170,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 24,300 a year (AED 16.67 per sqft).
  • Two-beds in Marina Crown Tower sold for AED 1,955,000–1,955,000 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 21 March 2024.

Questions about 2311, Marina Crown Tower

What did unit 2311 last sell for?

AED 1,600,000 on 15 May 2023: AED 1,098 per sqft for 1,457 sqft. The unit has 3 registered sales; the first was AED 784,463 in October 2007.

What is the rent for unit 2311?

AED 170,000 a year on the contract signed on 21 March 2024. The previous contract, from August 2022, was AED 100,000; the unit has been rented since August 2012.

How big is unit 2311?

1,457 sqft (135.4 sqm): a two-bedroom apartment on the 23rd floor of a 48-storey tower completed in 2006.

What is unit 2311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Crown Tower sold for AED 1,955,000 to 1,955,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on 2311, Marina Crown Tower

Starts from the last sale price (AED 1.6M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →