1506, Princess Tower
Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Princess Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,014 sqft
- Floor
- 15th of 96
- Parking
- B5-49,B5-50
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 33,500 /yr
- Last sold
- AED 1.35M · June 2015
- Building
- Princess Tower
About 1506, Princess Tower
1506 is a three-bedroom apartment of 2,014 sqft on the 15th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 28 June 2015 for AED 1,350,000, or AED 670 per sqft, 58% below the AED 1,582 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 184,067 a year: a gross yield of 13.6% on the 2015 price, before the service charge of about AED 33,500 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Princess Tower, and where 1506 sits
All 149 3-beds →1506 last sold in June 2015 at AED 670 per sqft, 58% below what three-beds in Princess Tower were fetching at the time (AED 1,582). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 1506's AED 184,067 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,014 sqft | 2,300,000 | 1,142 | ||
| 29 Jul 202629 July 2026 | 2,006 sqft | 2,700,000 | 1,345 | ||
| 26 Mar 202626 March 2026 | 2,019 sqft | 2,800,000 | 1,387 | ||
| 11 Mar 202611 March 2026 | 1,998 sqft | 3,300,000 | 1,651 |
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 15th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,314 sqft | AED 1.3MAED 1,300,000 · Sep 2022September 2022 | 95,256 /yr | |
| 1502 | 1-bed | 923 sqft | AED 910KAED 910,000 · Jun 2022June 2022 | 105,000 /yr | |
| 1503 | 3-bed | 2,014 sqft | AED 2.49MAED 2,494,702 · Dec 2012December 2012 | 190,000 /yr | |
| 1504 | 2-bed | 1,189 sqft | AED 1.1MAED 1,100,000 · Nov 2020November 2020 | 130,000 /yr | |
| 1505 | 2-bed | 1,189 sqft | AED 1.58MAED 1,580,000 · Nov 2012November 2012 | 125,000 /yr | |
| 1507 | 1-bed | 923 sqft | AED 163AED 163 · Jul 2026July 2026 | 70,000 /yr | |
| 1508 | 2-bed | 1,314 sqft | AED 2.05MAED 2,050,000 · May 2025May 2025 | 120,000 /yr | |
| 1509 | 1-bed | 865 sqft | AED 1.2MAED 1,200,000 · May 2013May 2013 | 85,000 /yr | |
| 1510 | 1-bed | 864 sqft | AED 1.26MAED 1,260,000 · Apr 2025April 2025 | 77,000 /yr |
1506, Princess Tower in numbers
- Sold 3 times: first on 20 December 2009 for AED 2,809,685, last on 28 June 2015 for AED 1,350,000 (AED 670 per sqft).
- Rented since June 2013 on 15 Ejari contracts. The rent fell from AED 145,000 to AED 105,000 in 2020 and recovered to AED 184,067 by February 2025.
- At AED 184,067 a year the gross yield on the 2015 price is 13.6%, before a service charge of about AED 33,500 a year (AED 16.62 per sqft).
- Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 February 2025.
Questions about 1506, Princess Tower
What did unit 1506 last sell for?
AED 1,350,000 on 28 June 2015: AED 670 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 2,809,685 in December 2009.
What is the rent for unit 1506?
AED 184,067 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 184,067; the unit has been rented since June 2013.
How big is unit 1506?
2,014 sqft (187.1 sqm): a three-bedroom apartment on the 15th floor of a 96-storey tower completed in 2012.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.
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Mortgage on 1506, Princess Tower
Starts from the last sale price (AED 1.35M, 28 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →