1-bed · 843 sqftMarina Crown Tower, Dubai Marina · 5th floor · completed 2006

501, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 850K2 May 2016
Current rentAED 74K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Crown Tower

What is 501 worth today?

Last sold for AED 850,000 in 2016

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15 Apr 2024RentedRenewal
AED 73,920/yr12 months · AED 88 per sqft
15 Apr 2023RentedNew contract
AED 66,000/yr12 months · AED 78 per sqft
15 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
15 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
15 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
21 Jan 2019RentedNew contract
AED 58,000/yr12 months · AED 69 per sqft
8 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
2 May 2016SoldReady
AED 850,000AED 1,008 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
5th of 48
Parking
14(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 850K · May 2016

About 501, Marina Crown Tower

501 is a one-bedroom apartment of 843 sqft on the 5th 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 2 May 2016 for AED 850,000, or AED 1,008 per sqft, 16% below the AED 1,194 one-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 15 April 2024, is AED 73,920 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 14,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, August 2007: AED 453,751 (AED 538 per sqft)Sold, February 2008: AED 534,800 (AED 634 per sqft)Sold, May 2016: AED 850,000 (AED 1,008 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Marina Crown Tower
50K75K2012201620202024Typical 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, November 2014: AED 75,000 a yearNew contract, January 2018: AED 75,000 a yearNew contract, January 2019: AED 58,000 a yearNew contract, February 2020: AED 50,000 a yearRenewal, February 2021: AED 40,000 a yearNew contract, April 2022: AED 60,000 a yearNew contract, April 2023: AED 66,000 a yearRenewal, April 2024: AED 73,920 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 501 sits

All 150 1-beds →

501 last sold in May 2016 at AED 1,008 per sqft, 16% below what one-beds in Marina Crown Tower were fetching at the time (AED 1,194). 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. 501's AED 73,920 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 5th floor

All 359 units in Marina Crown Tower
Value
5022-bedAED 1.96M · Jan 2026
5031-bedAED 950K · Oct 2016
5041-bedAED 1.19M · Dec 2023
5052-bedAED 1.55M · Sep 2024
5061-bedAED 458K · Dec 2013
5071-bedAED 870K · Jun 2022
5082-bedAED 2.1M · May 2008
1–7 of 11

501, Marina Crown Tower in numbers

  • Sold 3 times: first on 23 August 2007 for AED 453,751, last on 2 May 2016 for AED 850,000 (AED 1,008 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 73,920 by April 2024.
  • At AED 73,920 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 14,000 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: Dubai Land Department. Updated 15 April 2024.

Questions about 501, Marina Crown Tower

What did unit 501 last sell for?

AED 850,000 on 2 May 2016: AED 1,008 per sqft for 843 sqft. The unit has 3 registered sales; the first was AED 453,751 in August 2007.

What is the rent for unit 501?

AED 73,920 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 66,000; the unit has been rented since November 2014.

How big is unit 501?

843 sqft (78.3 sqm): a one-bedroom apartment on the 5th floor of a 48-storey tower completed in 2006.

What is unit 501 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 501, Marina Crown Tower

Starts from the last sale price (AED 850K, 2 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →