2-bed · 1,714 sqftMarina Crown Tower, Dubai Marina · 29th floor · completed 2006

2901, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 2.16M19 February 2024
Current rentAED 120K /yr19 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Marina Crown Tower

What is 2901 worth today?

Last sold for AED 2,160,000 in 2024

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19 Feb 2024SoldReady
AED 2,160,000AED 1,260 per sqft
19 Feb 2024RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
1 Oct 2023RentedRenewal
AED 88,000/yr12 months · AED 51 per sqft
6 Jul 2023SoldReady
AED 1,740,000AED 1,015 per sqft
1 Oct 2022RentedNew contract
AED 88,000/yr12 months · AED 51 per sqft
1 Oct 2020RentedNew contract
AED 72,000/yr12 months · AED 42 per sqft
15 Jul 2019RentedNew contract
AED 93,000/yr12 months · AED 54 per sqft
12 Jan 2018RentedNew contract
AED 129,000/yr6 months · AED 75 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
29th of 48
Parking
3(1ST)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 28,600 /yr
Last sold
AED 2.16M · February 2024

About 2901, Marina Crown Tower

2901 is a two-bedroom apartment of 1,714 sqft on the 29th 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 19 February 2024 for AED 2,160,000, or AED 1,260 per sqft, 7% above the AED 1,177 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 19 February 2024, is AED 120,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, February 2010: AED 950,000 (AED 554 per sqft)Sold, July 2023: AED 1,740,000 (AED 1,015 per sqft)Sold, February 2024: AED 2,160,000 (AED 1,260 per sqft)

2901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, 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, July 2015: AED 120,000 a yearRenewal, July 2016: AED 129,000 a yearNew contract, January 2018: AED 129,000 a yearNew contract, July 2019: AED 93,000 a yearNew contract, October 2020: AED 72,000 a yearNew contract, October 2022: AED 88,000 a yearRenewal, October 2023: AED 88,000 a yearNew contract, February 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 2901 sits

All 113 2-beds →

2901 last sold in February 2024 at AED 1,260 per sqft, 7% above what two-beds in Marina Crown Tower were fetching at the time (AED 1,177). 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. 2901'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 29th floor

All 359 units in Marina Crown Tower
Value
29023-bedAED 1.15M · Mar 2008
29033-bedAED 2.5M · May 2014
29042-bedAED 2M · May 2014
29053-bedAED 1.6M · Jan 2021
29063-bedAED 1.7M · Feb 2019

2901, Marina Crown Tower in numbers

  • Sold 3 times: first on 14 February 2010 for AED 950,000, last on 19 February 2024 for AED 2,160,000 (AED 1,260 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2020 and recovered to AED 120,000 by February 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.6%, 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 19 February 2024.

Questions about 2901, Marina Crown Tower

What did unit 2901 last sell for?

AED 2,160,000 on 19 February 2024: AED 1,260 per sqft for 1,714 sqft. The unit has 3 registered sales; the first was AED 950,000 in February 2010.

What is the rent for unit 2901?

AED 120,000 a year on the contract signed on 19 February 2024. The previous contract, from October 2023, was AED 88,000; the unit has been rented since July 2015.

How big is unit 2901?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 29th floor of a 48-storey tower completed in 2006.

What is unit 2901 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 2901, Marina Crown Tower

Starts from the last sale price (AED 2.16M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,000
Deposit, UAE resident (20%)
AED 432,000
Deposit, non-resident (40%)
AED 864,000
Monthly over 25 years at 3.7%
AED 8,837

Plus AED 95,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →