1203, Princess Tower
Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Princess Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 3 November 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,014 sqft
- Floor
- 12th of 96
- Parking
- B5-74,B5-75
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 33,500 /yr
- Last sold
- AED 2.12M · November 2022
- Building
- Princess Tower
About 1203, Princess Tower
1203 is a three-bedroom apartment of 2,014 sqft on the 12th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 3 November 2022 for AED 2,120,815, or AED 1,053 per sqft, in line with the AED 1,059 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 October 2021, is AED 110,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 33,500 a year.
Sales and rents for 1203 over time
1203 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Princess Tower, and where 1203 sits
All 149 3-beds →1203 last sold in November 2022 at AED 1,053 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,059). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 1203's AED 110,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,014 sqft | 2,300,000 | 1,142 | ||
| 29 Jul 202629 July 2026 | 2,006 sqft | 2,700,000 | 1,345 | ||
| 26 Mar 202626 March 2026 | 2,019 sqft | 2,800,000 | 1,387 | ||
| 11 Mar 202611 March 2026 | 1,998 sqft | 3,300,000 | 1,651 |
Princess Tower
Building763 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%
Other units on the 12th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,314 sqft | AED 1.96MAED 1,958,813 · Dec 2012December 2012 | 115,500 /yr | |
| 1202 | 1-bed | 923 sqft | AED 1MAED 1,000,000 · Sep 2022September 2022 | 75,000 /yr | |
| 1204 | 2-bed | 1,189 sqft | AED 1.65MAED 1,650,000 · Oct 2013October 2013 | 135,000 /yr | |
| 1205 | 2-bed | 1,189 sqft | AED 2.7MAED 2,700,000 · Apr 2024April 2024 | 130,000 /yr | |
| 1206 | 3-bed | 2,014 sqft | AED 3.31MAED 3,310,234 · Mar 2026March 2026 | 100,000 /yr | |
| 1207 | 1-bed | 923 sqft | AED 1.04MAED 1,040,000 · Feb 2013February 2013 | 58,000 /yr | |
| 1208 | 2-bed | 1,314 sqft | AED 850KAED 850,000 · Oct 2016October 2016 | 125,000 /yr | |
| 1209 | 1-bed | 865 sqft | AED 800KAED 800,000 · May 2013May 2013 | 80,000 /yr | |
| 1210 | 1-bed | 864 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 68,200 /yr |
1203, Princess Tower in numbers
- Sold 3 times: first on 27 December 2011 for AED 1,964,071, last on 3 November 2022 for AED 2,120,815 (AED 1,053 per sqft).
- Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 155,000 to AED 85,000 in 2020 and recovered to AED 110,000 by October 2021.
- At AED 110,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 33,500 a year (AED 16.62 per sqft).
- Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 3 November 2022.
Questions about 1203, Princess Tower
What did unit 1203 last sell for?
AED 2,120,815 on 3 November 2022: AED 1,053 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 1,964,071 in December 2011.
What is the rent for unit 1203?
AED 110,000 a year on the contract signed on 25 October 2021. The previous contract, from August 2020, was AED 85,000; the unit has been rented since June 2013.
How big is unit 1203?
2,014 sqft (187.1 sqm): a three-bedroom apartment on the 12th floor of a 96-storey tower completed in 2012.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.
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Mortgage on 1203, Princess Tower
Starts from the last sale price (AED 2.12M, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,120,815
- Deposit, UAE resident (20%)
- AED 424,163
- Deposit, non-resident (40%)
- AED 848,326
- Monthly over 25 years at 3.7%
- AED 8,677
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →