2-bed · 1,189 sqftPrincess Tower, Dubai Marina · 12th floor · completed 2012

1205, Princess Tower

Sold prices and rental history: sold 5 times, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 2.7M3 April 2024
Current rentAED 130K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Princess Tower

What is 1205 worth today?

Last sold for AED 2,700,000 in 2024

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3 Apr 2024SoldReady
AED 2,700,000AED 2,271 per sqft
5 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
5 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 109 per sqft
28 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
1 Feb 2021RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
1 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
1 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
30 Dec 2013SoldReady
AED 2,150,000AED 1,808 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
12th of 96
Parking
B6-80
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 2.7M · April 2024

About 1205, Princess Tower

1205 is a two-bedroom apartment of 1,189 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 April 2024 for AED 2,700,000, or AED 2,271 per sqft, 55% above the AED 1,462 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 5 January 2024, is AED 130,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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, December 2009: AED 1,435,000 (AED 1,207 per sqft)Sold, December 2012: AED 1,650,000 (AED 1,388 per sqft)Sold, December 2012: AED 1,435,000 (AED 1,207 per sqft)Sold, December 2013: AED 2,150,000 (AED 1,808 per sqft)Sold, April 2024: AED 2,700,000 (AED 2,271 per sqft)

1205 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, 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 2019: AED 110,000 a yearNew contract, February 2020: AED 100,000 a yearRenewal, February 2021: AED 95,000 a yearNew contract, June 2021: AED 80,000 a yearNew contract, January 2024: AED 130,000 a yearNew contract, January 2024: AED 130,000 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 1205 sits

All 298 2-beds →

1205 last sold in April 2024 at AED 2,271 per sqft, 55% above what two-beds in Princess Tower were fetching at the time (AED 1,462). 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. 1205's AED 130,000 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 12th floor

All 763 units in Princess Tower
Value
12012-bedAED 1.96M · Dec 2012
12021-bedAED 1M · Sep 2022
12033-bedAED 2.12M · Nov 2022
12042-bedAED 1.65M · Oct 2013
12063-bedAED 3.31M · Mar 2026
12071-bedAED 1.04M · Feb 2013
12082-bedAED 850K · Oct 2016
1–7 of 9

1205, Princess Tower in numbers

  • Sold 5 times: first on 23 December 2009 for AED 1,435,000, last on 3 April 2024 for AED 2,700,000 (AED 2,271 per sqft).
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 130,000 by January 2024.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.8%, 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 3 April 2024.

Questions about 1205, Princess Tower

What did unit 1205 last sell for?

AED 2,700,000 on 3 April 2024: AED 2,271 per sqft for 1,189 sqft. The unit has 5 registered sales; the first was AED 1,435,000 in December 2009.

What is the rent for unit 1205?

AED 130,000 a year on the contract signed on 5 January 2024. The previous contract, from January 2024, was AED 130,000; the unit has been rented since February 2019.

How big is unit 1205?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 12th floor of a 96-storey tower completed in 2012.

What is unit 1205 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 1205, Princess Tower

Starts from the last sale price (AED 2.7M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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