1-bed · 865 sqftPrincess Tower, Dubai Marina · 10th floor · completed 2012

1009, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 2 September 2020
Last soldAED 585K2 September 2020
Current rentAED 70K /yr28 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Princess Tower

What is 1009 worth today?

Last sold for AED 585,000 in 2020

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2 Sep 2020SoldReady
AED 585,000AED 676 per sqft
28 Apr 2019RentedRenewal
AED 70,000/yr12 months · AED 81 per sqft
28 Apr 2018RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
28 Apr 2017RentedRenewal
AED 90,750/yr12 months · AED 105 per sqft
28 Apr 2016RentedRenewal
AED 90,750/yr12 months · AED 105 per sqft
28 Apr 2015RentedNew contract
AED 90,750/yr12 months · AED 105 per sqft
28 Apr 2013RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
28 Jan 2013SoldReady
AED 710,842AED 822 per sqft

Source: Dubai Land Department. Updated 2 September 2020.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
10th of 96
Parking
B6-48
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,400 /yr
Last sold
AED 585K · September 2020

About 1009, Princess Tower

1009 is a one-bedroom apartment of 865 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 2 September 2020 for AED 585,000, or AED 676 per sqft, 21% below the AED 851 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 28 April 2019, is AED 70,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 14,400 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical one-bed in Princess Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 881,990; 2010 AED 1,035,955; 2011 AED 821,955; 2012 AED 946,239; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,242,500; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,460,000; 2026 AED 1,418,883Sold by developer, December 2009: AED 717,750 (AED 830 per sqft)Sold, January 2013: AED 710,842 (AED 822 per sqft)Sold, September 2020: AED 585,000 (AED 676 per sqft)

1009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in Princess Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 93,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 80,000; 2024 AED 86,000; 2025 AED 87,250; 2026 AED 80,000New contract, April 2013: AED 95,000 a yearNew contract, April 2015: AED 90,750 a yearRenewal, April 2016: AED 90,750 a yearRenewal, April 2017: AED 90,750 a yearRenewal, April 2018: AED 80,000 a yearRenewal, April 2019: AED 70,000 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 Princess Tower, and where 1009 sits

All 285 1-beds →

1009 last sold in September 2020 at AED 676 per sqft, 21% below what one-beds in Princess Tower were fetching at the time (AED 851). Over the last 12 months one-beds sold for AED 1,231,180 to 2,050,000, around AED 1,559 per sqft, and rent for AED 60,000 to 170,000 a year. 1009's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,231,180
18 Sep 20261,400,000
12 Sep 20261,544,713
27 Aug 20261,360,000
17 1-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
10042-bedAED 1.9M · Dec 2024
10052-bedAED 1.51M · Jul 2023
10063-bedAED 3.1M · Sep 2013
10071-bedAED 973K · Dec 2022
1–7 of 9

1009, Princess Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 717,750, last on 2 September 2020 for AED 585,000 (AED 676 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 95,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 12.0%, before a service charge of about AED 14,400 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,231,180–2,050,000 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 2 September 2020.

Questions about 1009, Princess Tower

What did unit 1009 last sell for?

AED 585,000 on 2 September 2020: AED 676 per sqft for 865 sqft. The unit has 3 registered sales; the first was AED 717,750 in December 2009.

What is the rent for unit 1009?

AED 70,000 a year on the contract renewed on 28 April 2019. The previous contract, from April 2018, was AED 80,000; the unit has been rented since April 2013.

How big is unit 1009?

865 sqft (80.4 sqm): a one-bedroom apartment on the 10th floor of a 96-storey tower completed in 2012.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,231,180 to 2,050,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 1009, Princess Tower

Starts from the last sale price (AED 585K, 2 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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