2-bed · 1,189 sqftPrincess Tower, Dubai Marina · 10th floor · completed 2012

1004, Princess Tower

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 1.9M4 December 2024
Current rentAED 80K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Princess Tower

What is 1004 worth today?

Last sold for AED 1,900,000 in 2024

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4 Dec 2024SoldReady
AED 1,900,000AED 1,598 per sqft
5 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
21 Sep 2020RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
21 Sep 2019RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
21 Sep 2018RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
21 Sep 2017RentedRenewal
AED 125,000/yr12 months · AED 106 per sqft
21 Sep 2016RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
1 Feb 2014RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
10th of 96
Parking
B6-25
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.9M · December 2024

About 1004, Princess Tower

1004 is a two-bedroom apartment of 1,189 sqft on the 10th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 December 2024 for AED 1,900,000, or AED 1,598 per sqft, in line with the AED 1,618 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 November 2021, is AED 80,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,478,050; 2010 AED 1,670,415; 2011 AED 1,415,390; 2012 AED 1,512,027; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,000,000; 2016 AED 1,800,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,222,000; 2022 AED 1,525,000; 2023 AED 1,675,000; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,100,000Sold by developer, January 2014: AED 1,394,589 (AED 1,173 per sqft)Sold, December 2024: AED 1,900,000 (AED 1,598 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 110,250; 2024 AED 128,218; 2025 AED 130,000; 2026 AED 120,000New contract, February 2014: AED 140,000 a yearNew contract, September 2016: AED 125,000 a yearRenewal, September 2017: AED 125,000 a yearRenewal, September 2018: AED 110,000 a yearRenewal, September 2019: AED 110,000 a yearRenewal, September 2020: AED 110,000 a yearNew contract, November 2021: AED 80,000 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 Princess Tower, and where 1004 sits

All 298 2-beds →

1004 last sold in December 2024 at AED 1,598 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 1,618). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,732 per sqft, and rent for AED 50,000 to 252,000 a year. 1004's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 202640,505
10 Aug 2026131,419
3 Aug 20261,800,000
6 May 20262,575,000
13 2-bed sales in the last 12 months

Princess Tower

Building

763 apartments, 1-bed to 5-bed over 96 floors in Dubai Marina, completed in 2012 by Tameer Holding Investment. 42 sold in the last 12 months.

Typical price per sqft
AED 1,608 Up 0.4%
Typical sale
AED 2.05M
Typical rent
AED 105K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 763 units in Princess Tower
Value
10012-bedAED 1.9M · May 2015
10021-bedAED 1.05M · Jan 2013
10033-bedAED 3.35M · May 2014
10052-bedAED 1.51M · Jul 2023
10063-bedAED 3.1M · Sep 2013
10071-bedAED 973K · Dec 2022
10082-bedAED 2.25M · Nov 2014
1–7 of 9

1004, Princess Tower in numbers

  • Sold twice: first on 5 January 2014 for AED 1,394,589, last on 4 December 2024 for AED 1,900,000 (AED 1,598 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 140,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 19,800 a year (AED 16.62 per sqft).
  • Two-beds in Princess Tower sold for AED 1,250,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,608 per sqft.

Source: Dubai Land Department. Updated 4 December 2024.

Questions about 1004, Princess Tower

What did unit 1004 last sell for?

AED 1,900,000 on 4 December 2024: AED 1,598 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 1,394,589 in January 2014.

What is the rent for unit 1004?

AED 80,000 a year on the contract signed on 5 November 2021. The previous contract, from September 2020, was AED 110,000; the unit has been rented since February 2014.

How big is unit 1004?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 10th floor of a 96-storey tower completed in 2012.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Princess Tower sold for AED 1,250,000 to 2,600,000 in the last 12 months, around AED 1,732 per sqft.

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Mortgage on 1004, Princess Tower

Starts from the last sale price (AED 1.9M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →