The Marina Crown Tower complex is located in the eastern part of Dubai Marina, and was developed by one of the most renowned developers in the UAE, Emaar Properties. The construction of Marina Crown was completed in Q3 2006.
The complex offers apartments with 1-4 bedrooms ranging in size from 807 sq. ft to 3,014 sq. ft, and penthouses with 4-5 bedrooms ranging from 4,381 sq. ft to 5,457 sq. ft.
In the third quarter of 2023, the starting price for a one-bedroom apartment in Marina Crown Tower is AED 900K (USD 245K). The cost of a four-bedroom penthouse is AED 3.6M (USD 980K).
Marina Crown Tower is situated in a convenient location, as the complex is within close proximity to beaches and tourist attractions, making it highly sought after by tourists and expats.
Buying a property in this complex is a reliable investment asset. The average annual rental cost for one-bedroom apartments starts at AED 100K (USD 27K), which means the ROI is 9.5%.
Purchasing a residence in Marina Crown allows you to obtain one of two types of visas. If you buy property worth AED 750K (USD 204K) or more, you will receive a two-year visa. If the residence price exceeds AED 2M (USD 545K), you will be eligible for a 10-year Golden Visa. The validity of these visas is extended as long as you remain the property owner.