2-bed · 1,411 sqftMarina Crown Tower, Dubai Marina · 7th floor · completed 2006

702, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in January 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 January 2020
Last soldAED 1M15 January 2020
Current rentAED 88K /yr25 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Marina Crown Tower

What is 702 worth today?

Last sold for AED 1,000,000 in 2020

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15 Jan 2020SoldReady
AED 1,000,000AED 708 per sqft
25 Aug 2018RentedRenewal
AED 88,000/yr12 months · AED 62 per sqft
25 Aug 2017RentedNew contract
AED 93,000/yr12 months · AED 66 per sqft
1 Apr 2017RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
14 Nov 2007SoldReady
AED 1,074,400AED 761 per sqft
1 Oct 2007Sold by developerReady
AED 760,001AED 538 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2020.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
7th of 48
Parking
76(B1)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 23,500 /yr
Last sold
AED 1M · January 2020

About 702, Marina Crown Tower

702 is a two-bedroom apartment of 1,411 sqft on the 7th 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 15 January 2020 for AED 1,000,000, or AED 708 per sqft, in line with the AED 708 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 25 August 2018, is AED 88,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 23,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, November 2007: AED 1,074,400 (AED 761 per sqft)Sold, January 2020: AED 1,000,000 (AED 708 per sqft)

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

Rents
Unit 702, 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, April 2017: AED 110,000 a yearNew contract, August 2017: AED 93,000 a yearRenewal, August 2018: AED 88,000 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 702 sits

All 113 2-beds →

702 last sold in January 2020 at AED 708 per sqft, in line with what two-beds in Marina Crown Tower were fetching at the time (AED 708). 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. 702's AED 88,000 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 7th floor

All 359 units in Marina Crown Tower
Value
7011-bedAED 1.2M · Nov 2023
7031-bedAED 850K · Jan 2014
7041-bedAED 710K · Sep 2012
7052-bedAED 1.66M · Feb 2025
7061-bedAED 570K · Oct 2020
7071-bedAED 480K · May 2008
7082-bedAED 2.15M · Nov 2024
1–7 of 11

702, Marina Crown Tower in numbers

  • Sold 3 times: first on 1 October 2007 for AED 760,001, last on 15 January 2020 for AED 1,000,000 (AED 708 per sqft).
  • Rented since April 2017 on 3 Ejari contracts, from AED 110,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2020 price is 8.8%, 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 15 January 2020.

Questions about 702, Marina Crown Tower

What did unit 702 last sell for?

AED 1,000,000 on 15 January 2020: AED 708 per sqft for 1,411 sqft. The unit has 3 registered sales; the first was AED 760,001 in October 2007.

What is the rent for unit 702?

AED 88,000 a year on the contract renewed on 25 August 2018. The previous contract, from August 2017, was AED 93,000; the unit has been rented since April 2017.

How big is unit 702?

1,411 sqft (131.1 sqm): a two-bedroom apartment on the 7th floor of a 48-storey tower completed in 2006.

What is unit 702 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 702, Marina Crown Tower

Starts from the last sale price (AED 1M, 15 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →