2-bed · 1,314 sqftPrincess Tower, Dubai Marina · 15th floor · completed 2012

1508, Princess Tower

Sold prices and rental history: sold 5 times, last in May 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 6 May 2025
Last soldAED 2.05M6 May 2025
Current rentAED 120K /yr13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Princess Tower

What is 1508 worth today?

Last sold for AED 2,050,000 in 2025

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6 May 2025SoldReady
AED 2,050,000AED 1,560 per sqft
13 Jun 2024RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
13 Jun 2024RentedRenewal
AED 120,000/yr12 months · AED 91 per sqft
13 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
1 Mar 2021RentedNew contract
AED 62,831/yr12 months · AED 48 per sqft
1 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
25 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
30 May 2016SoldReady
AED 1,400,000AED 1,065 per sqft

Source: Dubai Land Department. Updated 6 May 2025.

Key facts

Type
2-bed apartment
Size
1,314 sqft
Floor
15th of 96
Parking
B6-18
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 2.05M · May 2025

About 1508, Princess Tower

1508 is a two-bedroom apartment of 1,314 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 6 May 2025 for AED 2,050,000, or AED 1,560 per sqft, 4% below the AED 1,618 two-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 13 June 2024, is AED 120,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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 1,148,550 (AED 874 per sqft)Sold, December 2012: AED 1,148,550 (AED 874 per sqft)Sold, January 2013: AED 1,400,000 (AED 1,065 per sqft)Sold, May 2016: AED 1,400,000 (AED 1,065 per sqft)Sold, May 2025: AED 2,050,000 (AED 1,560 per sqft)

1508 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Princess Tower
50K100K150K2012201620202024Typical 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, May 2013: AED 100,000 a yearRenewal, May 2014: AED 115,000 a yearNew contract, September 2018: AED 90,000 a yearNew contract, February 2020: AED 75,000 a yearNew contract, March 2021: AED 62,831 a yearNew contract, June 2023: AED 110,000 a yearRenewal, June 2024: AED 120,000 a yearRenewal, June 2024: AED 120,000 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 1508 sits

All 298 2-beds →

1508 last sold in May 2025 at AED 1,560 per sqft, 4% below what two-beds in Princess Tower were fetching at the time (AED 1,618). 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. 1508's AED 120,000 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 15th floor

All 763 units in Princess Tower
Value
15012-bedAED 1.3M · Sep 2022
15021-bedAED 910K · Jun 2022
15033-bedAED 2.49M · Dec 2012
15042-bedAED 1.1M · Nov 2020
15052-bedAED 1.58M · Nov 2012
15063-bedAED 1.35M · Jun 2015
15071-bedAED 163 · Jul 2026
1–7 of 9

1508, Princess Tower in numbers

  • Sold 5 times: first on 23 December 2009 for AED 1,148,550, last on 6 May 2025 for AED 2,050,000 (AED 1,560 per sqft).
  • Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 62,831 in 2021 and recovered to AED 120,000 by June 2024.
  • At AED 120,000 a year the gross yield on the 2025 price is 5.9%, 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 6 May 2025.

Questions about 1508, Princess Tower

What did unit 1508 last sell for?

AED 2,050,000 on 6 May 2025: AED 1,560 per sqft for 1,314 sqft. The unit has 5 registered sales; the first was AED 1,148,550 in December 2009.

What is the rent for unit 1508?

AED 120,000 a year on the contract renewed on 13 June 2024. The previous contract, from June 2024, was AED 120,000; the unit has been rented since May 2013.

How big is unit 1508?

1,314 sqft (122.1 sqm): a two-bedroom apartment on the 15th floor of a 96-storey tower completed in 2012.

What is unit 1508 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 1508, Princess Tower

Starts from the last sale price (AED 2.05M, 6 May 2025). 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 →