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

507, Marina Crown Tower

Sold prices and rental history: sold 5 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 20 June 2022
Last soldAED 870K7 June 2022
Current rentAED 70K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Marina Crown Tower

What is 507 worth today?

Last sold for AED 870,000 in 2022

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20 Jun 2022RentedNew contract
AED 69,900/yr12 months · AED 83 per sqft
7 Jun 2022SoldReady
AED 870,000AED 1,032 per sqft
5 Dec 2021SoldReady
AED 680,000AED 806 per sqft
16 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
24 Jan 2018RentedRenewal
AED 73,000/yr12 months · AED 87 per sqft
24 Jan 2017RentedRenewal
AED 86,000/yr12 months · AED 102 per sqft
24 Jan 2016RentedNew contract
AED 86,000/yr12 months · AED 102 per sqft
1 May 2014RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2022.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
5th of 48
Parking
20(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 870K · June 2022

About 507, Marina Crown Tower

507 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 7 June 2022 for AED 870,000, or AED 1,032 per sqft, 11% above the AED 932 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 June 2022, is AED 69,900 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, October 2007: AED 453,751 (AED 538 per sqft)Sold, March 2009: AED 212,900 (AED 252 per sqft)Sold, April 2014: AED 1,000,000 (AED 1,186 per sqft)Sold, December 2021: AED 680,000 (AED 806 per sqft)Sold, June 2022: AED 870,000 (AED 1,032 per sqft)

507 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Marina Crown Tower
50K75K100K2012201620202024Typical 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, May 2014: AED 95,000 a yearNew contract, January 2016: AED 86,000 a yearRenewal, January 2017: AED 86,000 a yearRenewal, January 2018: AED 73,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, June 2022: AED 69,900 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 507 sits

All 150 1-beds →

507 last sold in June 2022 at AED 1,032 per sqft, 11% above what one-beds in Marina Crown Tower were fetching at the time (AED 932). 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. 507's AED 69,900 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
5011-bedAED 850K · May 2016
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
5082-bedAED 2.1M · May 2008
1–7 of 11

507, Marina Crown Tower in numbers

  • Sold 5 times: first on 24 October 2007 for AED 453,751, last on 7 June 2022 for AED 870,000 (AED 1,032 per sqft).
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2019 and recovered to AED 69,900 by June 2022.
  • At AED 69,900 a year the gross yield on the 2022 price is 8.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 20 June 2022.

Questions about 507, Marina Crown Tower

What did unit 507 last sell for?

AED 870,000 on 7 June 2022: AED 1,032 per sqft for 843 sqft. The unit has 5 registered sales; the first was AED 453,751 in October 2007.

What is the rent for unit 507?

AED 69,900 a year on the contract signed on 20 June 2022. The previous contract, from September 2019, was AED 60,000; the unit has been rented since May 2014.

How big is unit 507?

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

What is unit 507 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 507, Marina Crown Tower

Starts from the last sale price (AED 870K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →