2-bed · 1,714 sqftMarina Crown Tower, Dubai Marina · 27th floor · completed 2006

2704, Marina Crown Tower

Sold prices and rental history: sold twice, last in November 2007, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.2M13 November 2007
Current rentAED 120K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Marina Crown Tower

What is 2704 worth today?

Last sold for AED 1,201,200 in 2007

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1 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
14 Aug 2019RentedNew contract
AED 80,000/yr12 months · AED 47 per sqft
1 Apr 2017RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
13 Nov 2007SoldReady
AED 1,201,200AED 700 per sqft
22 Aug 2007Sold by developerReady
AED 922,983AED 538 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
27th of 48
Parking
52(Mezz)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 28,600 /yr
Last sold
AED 1.2M · November 2007

About 2704, Marina Crown Tower

2704 is a two-bedroom apartment of 1,714 sqft on the 27th 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 13 November 2007 for AED 1,201,200, or AED 700 per sqft, 30% above the AED 538 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 October 2024, is AED 120,000 a year: a gross yield of 10.0% on the 2007 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, August 2007: AED 922,983 (AED 538 per sqft)Sold, November 2007: AED 1,201,200 (AED 700 per sqft)

2704 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, each contractTypical two-bed in Marina Crown Tower
100K2012201620202024Typical 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, April 2017: AED 125,000 a yearNew contract, August 2019: AED 80,000 a yearNew contract, October 2024: AED 120,000 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 2704 sits

All 113 2-beds →

2704 last sold in November 2007 at AED 700 per sqft, 30% above what two-beds in Marina Crown Tower were fetching at the time (AED 538). 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. 2704's AED 120,000 is in the lower 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 27th floor

All 359 units in Marina Crown Tower
Value
27012-bedAED 1.18M · Jul 2021
27023-bedAED 1.44M · Mar 2008
27033-bedAED 1.48M · Jul 2008
27053-bedAED 1.58M · Jan 2019
27063-bedAED 2.8M · Sep 2015

2704, Marina Crown Tower in numbers

  • Sold twice: first on 22 August 2007 for AED 922,983, last on 13 November 2007 for AED 1,201,200 (AED 700 per sqft).
  • Rented since April 2017 on 3 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2019 and recovered to AED 120,000 by October 2024.
  • At AED 120,000 a year the gross yield on the 2007 price is 10.0%, before a service charge of about AED 28,600 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: Dubai Land Department. Updated 1 October 2024.

Questions about 2704, Marina Crown Tower

What did unit 2704 last sell for?

AED 1,201,200 on 13 November 2007: AED 700 per sqft for 1,714 sqft. The unit has 2 registered sales; the first was AED 922,983 in August 2007.

What is the rent for unit 2704?

AED 120,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2019, was AED 80,000; the unit has been rented since April 2017.

How big is unit 2704?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 27th floor of a 48-storey tower completed in 2006.

What is unit 2704 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 2704, Marina Crown Tower

Starts from the last sale price (AED 1.2M, 13 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,201,200
Deposit, UAE resident (20%)
AED 240,240
Deposit, non-resident (40%)
AED 480,480
Monthly over 25 years at 3.7%
AED 4,914

Plus AED 55,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →