2-bed · 1,411 sqftMarina Crown Tower, Dubai Marina · 5th floor · completed 2006

505, Marina Crown Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 1.55M30 September 2024
Current rentAED 75K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina Crown Tower

What is 505 worth today?

Last sold for AED 1,550,000 in 2024

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30 Sep 2024SoldReady
AED 1,550,000AED 1,098 per sqft
15 Oct 2023RentedRenewal
AED 75,000/yr24 months · AED 53 per sqft
15 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
3 Oct 2021RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
1 Oct 2020RentedNew contract
AED 64,000/yr12 months · AED 45 per sqft
28 Feb 2018RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
1 Nov 2015RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
14 Oct 2014RentedNew contract
AED 124,332/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
5th of 48
Parking
18(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 23,500 /yr
Last sold
AED 1.55M · September 2024

About 505, Marina Crown Tower

505 is a two-bedroom apartment of 1,411 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 30 September 2024 for AED 1,550,000, or AED 1,098 per sqft, 6% below the AED 1,171 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 75,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 23,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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 760,001 (AED 538 per sqft)Sold, September 2008: AED 1,025,000 (AED 726 per sqft)Sold, October 2008: AED 2,025,758 (AED 1,435 per sqft)Sold, September 2024: AED 1,550,000 (AED 1,098 per sqft)

505 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, 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, September 2012: AED 80,000 a yearNew contract, September 2014: AED 140,777 a yearNew contract, October 2014: AED 124,332 a yearNew contract, November 2015: AED 120,000 a yearNew contract, February 2018: AED 125,000 a yearNew contract, October 2020: AED 64,000 a yearNew contract, October 2021: AED 75,000 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 75,000 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 505 sits

All 113 2-beds →

505 last sold in September 2024 at AED 1,098 per sqft, 6% below what two-beds in Marina Crown Tower were fetching at the time (AED 1,171). 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. 505's AED 75,000 is at the bottom 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 5th floor

All 359 units in Marina Crown Tower
Value
5011-bedAED 850K · May 2016
5022-bedAED 1.96M · Jan 2026
5031-bedAED 950K · Oct 2016
5041-bedAED 1.19M · Dec 2023
5061-bedAED 458K · Dec 2013
5071-bedAED 870K · Jun 2022
5082-bedAED 2.1M · May 2008
1–7 of 11

505, Marina Crown Tower in numbers

  • Sold 4 times: first on 31 October 2007 for AED 760,001, last on 30 September 2024 for AED 1,550,000 (AED 1,098 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 64,000 in 2020 and recovered to AED 75,000 by October 2023.
  • At AED 75,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 23,500 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 30 September 2024.

Questions about 505, Marina Crown Tower

What did unit 505 last sell for?

AED 1,550,000 on 30 September 2024: AED 1,098 per sqft for 1,411 sqft. The unit has 4 registered sales; the first was AED 760,001 in October 2007.

What is the rent for unit 505?

AED 75,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since September 2012.

How big is unit 505?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 5th floor of a 48-storey tower completed in 2006.

What is unit 505 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 505, Marina Crown Tower

Starts from the last sale price (AED 1.55M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →