2-bed · 1,189 sqftPrincess Tower, Dubai Marina · 14th floor · completed 2012

1404, Princess Tower

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

Unit 1404 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 1.9M30 April 2013
Current rentAED 71K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Princess Tower

What is 1404 worth today?

Last sold for AED 1,900,000 in 2013

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15 Jun 2022RentedNew contract
AED 71,400/yr12 months · AED 60 per sqft
15 Jun 2020RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
4 Oct 2019RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
4 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
3 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
1 Aug 2015RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
17 Jul 2013RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
30 Apr 2013SoldReady
AED 1,900,000AED 1,598 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
14th of 96
Parking
B6-31
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.9M · April 2013

About 1404, Princess Tower

1404 is a two-bedroom apartment of 1,189 sqft on the 14th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 30 April 2013 for AED 1,900,000, or AED 1,598 per sqft, 28% above the AED 1,252 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 June 2022, is AED 71,400 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, July 2012: AED 1,837,857 (AED 1,546 per sqft)Sold, April 2013: AED 1,900,000 (AED 1,598 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, 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, July 2013: AED 115,000 a yearNew contract, August 2015: AED 135,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, October 2018: AED 90,000 a yearRenewal, October 2019: AED 85,000 a yearNew contract, June 2020: AED 65,000 a yearNew contract, June 2022: AED 71,400 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 1404 sits

All 298 2-beds →

1404 last sold in April 2013 at AED 1,598 per sqft, 28% above what two-beds in Princess Tower were fetching at the time (AED 1,252). 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. 1404's AED 71,400 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 14th floor

All 763 units in Princess Tower
Value
14012-bedAED 2M · Aug 2025
14021-bedAED 894K · Dec 2012
14033-bedAED 2.7M · Aug 2023
14052-bedAED 2.05M · Sep 2024
14063-bedAED 2.35M · Dec 2012
14071-bedAED 1.44M · Feb 2026
14082-bedAED 2.04M · May 2024
1–7 of 9

1404, Princess Tower in numbers

  • Sold twice: first on 3 July 2012 for AED 1,837,857, last on 30 April 2013 for AED 1,900,000 (AED 1,598 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 115,000 to AED 71,400 a year.
  • At AED 71,400 a year the gross yield on the 2013 price is 3.8%, 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 15 June 2022.

Questions about 1404, Princess Tower

What did unit 1404 last sell for?

AED 1,900,000 on 30 April 2013: AED 1,598 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 1,837,857 in July 2012.

What is the rent for unit 1404?

AED 71,400 a year on the contract signed on 15 June 2022. The previous contract, from June 2020, was AED 65,000; the unit has been rented since July 2013.

How big is unit 1404?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 14th floor of a 96-storey tower completed in 2012.

What is unit 1404 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 1404, Princess Tower

Starts from the last sale price (AED 1.9M, 30 April 2013). 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 →