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

1405, Princess Tower

Sold prices and rental history: sold 6 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 2.05M30 September 2024
Current rentAED 125K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Princess Tower

What is 1405 worth today?

Last sold for AED 2,050,000 in 2024

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30 Sep 2024SoldReady
AED 2,050,000AED 1,724 per sqft
15 Oct 2023RentedNew contract
AED 125,000/yr12 months · AED 105 per sqft
27 Jul 2023SoldReady
AED 1,600,000AED 1,346 per sqft
1 Mar 2023RentedNew contract
AED 107,308/yr12 months · AED 90 per sqft
4 Aug 2022SoldReady
AED 1,500,000AED 1,262 per sqft
21 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
10 Jul 2019RentedRenewal
AED 108,000/yr6 months · AED 91 per sqft
10 Jan 2019RentedRenewal
AED 115,000/yr6 months · AED 97 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
14th of 96
Parking
B6-66
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 2.05M · September 2024

About 1405, Princess Tower

1405 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 September 2024 for AED 2,050,000, or AED 1,724 per sqft, 9% above the AED 1,586 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 October 2023, is AED 125,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, December 2009: AED 1,502,102 (AED 1,263 per sqft)Sold, September 2012: AED 1,615,000 (AED 1,358 per sqft)Sold, September 2012: AED 1,502,102 (AED 1,263 per sqft)Sold, August 2022: AED 1,500,000 (AED 1,262 per sqft)Sold, July 2023: AED 1,600,000 (AED 1,346 per sqft)Sold, September 2024: AED 2,050,000 (AED 1,724 per sqft)

1405 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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 2013: AED 103,000 a yearNew contract, February 2014: AED 130,000 a yearNew contract, January 2018: AED 115,000 a yearRenewal, January 2019: AED 115,000 a yearRenewal, July 2019: AED 108,000 a yearNew contract, February 2021: AED 65,000 a yearNew contract, March 2023: AED 107,308 a yearNew contract, October 2023: AED 125,000 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 1405 sits

All 298 2-beds →

1405 last sold in September 2024 at AED 1,724 per sqft, 9% above what two-beds in Princess Tower were fetching at the time (AED 1,586). 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. 1405's AED 125,000 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 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
14042-bedAED 1.9M · Apr 2013
14063-bedAED 2.35M · Dec 2012
14071-bedAED 1.44M · Feb 2026
14082-bedAED 2.04M · May 2024
1–7 of 9

1405, Princess Tower in numbers

  • Sold 6 times: first on 23 December 2009 for AED 1,502,102, last on 30 September 2024 for AED 2,050,000 (AED 1,724 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 103,000 to AED 65,000 in 2021 and recovered to AED 125,000 by October 2023.
  • At AED 125,000 a year the gross yield on the 2024 price is 6.1%, 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 30 September 2024.

Questions about 1405, Princess Tower

What did unit 1405 last sell for?

AED 2,050,000 on 30 September 2024: AED 1,724 per sqft for 1,189 sqft. The unit has 6 registered sales; the first was AED 1,502,102 in December 2009.

What is the rent for unit 1405?

AED 125,000 a year on the contract signed on 15 October 2023. The previous contract, from March 2023, was AED 107,308; the unit has been rented since February 2013.

How big is unit 1405?

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 1405 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 1405, Princess Tower

Starts from the last sale price (AED 2.05M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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