1408, Princess Tower
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Princess Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 14 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 14th of 96
- Parking
- B6-52
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 2.04M · May 2024
- Building
- Princess Tower
About 1408, Princess Tower
1408 is a two-bedroom apartment of 1,314 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 14 May 2024 for AED 2,044,545, or AED 1,556 per sqft, in line with the AED 1,529 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 8 January 2024, is AED 80,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1408 over time
1408 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1408 sits
All 298 2-beds →1408 last sold in May 2024 at AED 1,556 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 1,529). 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. 1408's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
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 14th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,314 sqft | AED 2MAED 2,000,000 · Aug 2025August 2025 | 90,000 /yr | |
| 1402 | 1-bed | 923 sqft | AED 894KAED 894,180 · Dec 2012December 2012 | 75,594 /yr | |
| 1403 | 3-bed | 2,014 sqft | AED 2.7MAED 2,700,000 · Aug 2023August 2023 | 95,000 /yr | |
| 1404 | 2-bed | 1,189 sqft | AED 1.9MAED 1,900,000 · Apr 2013April 2013 | 71,400 /yr | |
| 1405 | 2-bed | 1,189 sqft | AED 2.05MAED 2,050,000 · Sep 2024September 2024 | 125,000 /yr | |
| 1406 | 3-bed | 2,014 sqft | AED 2.35MAED 2,350,000 · Dec 2012December 2012 | 154,000 /yr | |
| 1407 | 1-bed | 923 sqft | AED 1.44MAED 1,442,820 · Feb 2026February 2026 | 120,000 /yr | |
| 1409 | 1-bed | 865 sqft | AED 1.02MAED 1,020,000 · May 2023May 2023 | 150,000 /yr | |
| 1410 | 1-bed | 864 sqft | AED 1.1MAED 1,100,000 · Apr 2014April 2014 | 90,000 /yr |
1408, Princess Tower in numbers
- Sold 3 times: first on 23 December 2009 for AED 1,201,777, last on 14 May 2024 for AED 2,044,545 (AED 1,556 per sqft).
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 58,000 in 2021 and recovered to AED 80,000 by January 2024.
- At AED 80,000 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 21,800 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 14 May 2024.
Questions about 1408, Princess Tower
What did unit 1408 last sell for?
AED 2,044,545 on 14 May 2024: AED 1,556 per sqft for 1,314 sqft. The unit has 3 registered sales; the first was AED 1,201,777 in December 2009.
What is the rent for unit 1408?
AED 80,000 a year on the contract signed on 8 January 2024. The previous contract, from January 2024, was AED 80,000; the unit has been rented since February 2018.
How big is unit 1408?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 14th floor of a 96-storey tower completed in 2012.
What is unit 1408 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 1408, Princess Tower
Starts from the last sale price (AED 2.04M, 14 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,044,545
- Deposit, UAE resident (20%)
- AED 408,909
- Deposit, non-resident (40%)
- AED 817,818
- Monthly over 25 years at 3.7%
- AED 8,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →