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

711, Marina Crown Tower

Sold prices and rental history: sold 3 times, last in July 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 1M14 July 2019
Current rentAED 65K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Marina Crown Tower

What is 711 worth today?

Last sold for AED 1,000,000 in 2019

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1 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
10 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 35 per sqft
14 Jul 2019SoldReady
AED 1,000,000AED 708 per sqft
15 Jan 2019RentedNew contract
AED 45,000/yr12 months · AED 32 per sqft
22 Jan 2008SoldReady
AED 987,800AED 699 per sqft
1 Oct 2007Sold by developerReady
AED 760,001AED 538 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
2-bed apartment
Size
1,411 sqft
Floor
7th of 48
Parking
48(B2)
Developer
Al Zarooni Group of Companies
Completed
2006
Service charge
AED 23,500 /yr
Last sold
AED 1M · July 2019

About 711, Marina Crown Tower

711 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 14 July 2019 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 2019 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 65,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 23,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, January 2008: AED 987,800 (AED 699 per sqft)Sold, July 2019: AED 1,000,000 (AED 708 per sqft)

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

Rents
Unit 711, each contractTypical two-bed in Marina Crown Tower
50K100K150K2012201620202024Typical 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, January 2019: AED 45,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, August 2020: AED 65,000 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 711 sits

All 113 2-beds →

711 last sold in July 2019 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. 711's AED 65,000 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 7th floor

All 359 units in Marina Crown Tower
Value
7011-bedAED 1.2M · Nov 2023
7022-bedAED 1M · Jan 2020
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
1–7 of 11

711, Marina Crown Tower in numbers

  • Sold 3 times: first on 1 October 2007 for AED 760,001, last on 14 July 2019 for AED 1,000,000 (AED 708 per sqft).
  • Rented since January 2019 on 3 Ejari contracts, from AED 45,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2019 price is 6.5%, 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: Dubai Land Department. Updated 1 August 2020.

Questions about 711, Marina Crown Tower

What did unit 711 last sell for?

AED 1,000,000 on 14 July 2019: 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 711?

AED 65,000 a year on the contract signed on 1 August 2020. The previous contract, from November 2019, was AED 50,000; the unit has been rented since January 2019.

How big is unit 711?

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 711 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 711, Marina Crown Tower

Starts from the last sale price (AED 1M, 14 July 2019). 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 →