1-bed · 923 sqftPrincess Tower, Dubai Marina · 12th floor · completed 2012

1207, Princess Tower

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

Unit 1207 · DLD and Ejari recordsUpdated 4 March 2022
Last soldAED 1.04M19 February 2013
Current rentAED 58K /yr4 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Princess Tower

What is 1207 worth today?

Last sold for AED 1,040,000 in 2013

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4 Mar 2022RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
4 Mar 2021RentedNew contract
AED 54,000/yr12 months · AED 58 per sqft
25 Feb 2020RentedRenewal
AED 62,000/yr12 months · AED 67 per sqft
25 Feb 2019RentedNew contract
AED 68,000/yr12 months · AED 73 per sqft
10 May 2016RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
21 Apr 2015RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft
1 Apr 2014RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
1 Apr 2013RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 4 March 2022.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
12th of 96
Parking
B6-22
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.04M · February 2013

About 1207, Princess Tower

1207 is a one-bedroom apartment of 923 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 19 February 2013 for AED 1,040,000, or AED 1,127 per sqft, 6% above the AED 1,062 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 4 March 2022, is AED 58,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical 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 788,955 (AED 855 per sqft)Sold, December 2012: AED 788,955 (AED 855 per sqft)Sold, February 2013: AED 1,040,000 (AED 1,127 per sqft)

1207 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1207, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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 75,000 a yearNew contract, April 2014: AED 85,000 a yearNew contract, April 2015: AED 100,000 a yearNew contract, May 2016: AED 95,000 a yearNew contract, February 2019: AED 68,000 a yearRenewal, February 2020: AED 62,000 a yearNew contract, March 2021: AED 54,000 a yearRenewal, March 2022: AED 58,000 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 1207 sits

All 285 1-beds →

1207 last sold in February 2013 at AED 1,127 per sqft, 6% above what one-beds in Princess Tower were fetching at the time (AED 1,062). 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. 1207's AED 58,000 is at the bottom 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 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
12052-bedAED 2.7M · Apr 2024
12063-bedAED 3.31M · Mar 2026
12082-bedAED 850K · Oct 2016
1–7 of 9

1207, Princess Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 788,955, last on 19 February 2013 for AED 1,040,000 (AED 1,127 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 75,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 15,300 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 4 March 2022.

Questions about 1207, Princess Tower

What did unit 1207 last sell for?

AED 1,040,000 on 19 February 2013: AED 1,127 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 788,955 in December 2009.

What is the rent for unit 1207?

AED 58,000 a year on the contract renewed on 4 March 2022. The previous contract, from March 2021, was AED 54,000; the unit has been rented since April 2013.

How big is unit 1207?

923 sqft (85.7 sqm): a one-bedroom apartment on the 12th floor of a 96-storey tower completed in 2012.

What is unit 1207 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 1207, Princess Tower

Starts from the last sale price (AED 1.04M, 19 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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