2-bed · 1,714 sqftMarina Crown Tower, Dubai Marina · 30th floor · completed 2006

3001, Marina Crown Tower

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3001 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 963K10 April 2011
Current rentAED 130K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3001, Marina Crown Tower

What is 3001 worth today?

Last sold for AED 963,000 in 2011

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25 Oct 2024RentedRenewal
AED 130,003/yr7 months · AED 76 per sqft
25 Oct 2023RentedNew contract
AED 130,000/yr12 months · AED 76 per sqft
1 Jul 2022RentedNew contract
AED 75,000/yr36 months · AED 44 per sqft
1 Oct 2019RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
1 Oct 2018RentedNew contract
AED 108,000/yr12 months · AED 63 per sqft
20 Jul 2017RentedRenewal
AED 128,000/yr12 months · AED 75 per sqft
20 Jul 2015RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
20 Jul 2014RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,714 sqft
Floor
30th of 48
Parking
13(1ST)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 28,600 /yr
Last sold
AED 963K · April 2011

About 3001, Marina Crown Tower

3001 is a two-bedroom apartment of 1,714 sqft on the 30th floor of Marina Crown Tower, a 48-storey tower in Dubai Marina completed in 2006 by Al Zarooni Group of Companies. The developer sold it on 10 April 2011 for AED 963,000, or AED 561 per sqft, 20% below the AED 700 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 130,003 a year: a gross yield of 13.5% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3001 over time

Sales
Unit 3001, 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, April 2011: AED 963,000 (AED 561 per sqft)

3001 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3001, 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 2014: AED 135,000 a yearNew contract, July 2015: AED 135,000 a yearRenewal, July 2017: AED 128,000 a yearNew contract, October 2018: AED 108,000 a yearNew contract, October 2019: AED 95,000 a yearNew contract, July 2022: AED 75,000 a yearNew contract, October 2023: AED 130,000 a yearRenewal, October 2024: AED 130,003 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 3001 sits

All 113 2-beds →

3001 last sold in April 2011 at AED 561 per sqft, 20% below what two-beds in Marina Crown Tower were fetching at the time (AED 700). 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. 3001's AED 130,003 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 30th floor

All 359 units in Marina Crown Tower
Value
30023-bedAED 1.15M · Oct 2011
30033-bedAED 2.23M · Dec 2022
30042-bedAED 2.07M · Dec 2023
30053-bedAED 2.9M · Apr 2023
30063-bedAED 2.8M · Mar 2015

3001, Marina Crown Tower in numbers

  • Sold once: by Al Zarooni Group of Companies on 10 April 2011 for AED 963,000, or AED 561 per sqft.
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2022 and recovered to AED 130,003 by October 2024.
  • At AED 130,003 a year the gross yield on the 2011 price is 13.5%, 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: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Questions about 3001, Marina Crown Tower

What did unit 3001 last sell for?

AED 963,000 on 10 April 2011, sold by the developer: AED 561 per sqft for 1,714 sqft. It is the only registered sale of the unit.

What is the rent for unit 3001?

AED 130,003 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since July 2014.

How big is unit 3001?

1,714 sqft (159.2 sqm): a two-bedroom apartment on the 30th floor of a 48-storey tower completed in 2006.

What is unit 3001 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 3001, Marina Crown Tower

Starts from the last sale price (AED 963K, 10 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 963,000
Deposit, UAE resident (20%)
AED 192,600
Deposit, non-resident (40%)
AED 385,200
Monthly over 25 years at 3.7%
AED 3,940

Plus AED 45,456 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →