1602, Princess Tower
Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Princess Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 14 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 923 sqft
- Floor
- 16th of 96
- Parking
- B6-20
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1M · October 2012
- Building
- Princess Tower
About 1602, Princess Tower
1602 is a one-bedroom apartment of 923 sqft on the 16th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 October 2012 for AED 1,000,000, or AED 1,083 per sqft, 4% above the AED 1,038 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 14 February 2026, is AED 89,250 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Princess Tower, and where 1602 sits
All 285 1-beds →1602 last sold in October 2012 at AED 1,083 per sqft, 4% above what one-beds in Princess Tower were fetching at the time (AED 1,038). Over the last 12 months one-beds sold for AED 1,231,180 to 2,050,000, around AED 1,559 per sqft, and rent for AED 60,000 to 170,000 a year. 1602's AED 89,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 923 sqft | 1,231,180 | 1,334 | ||
| 18 Sep 202618 September 2026 | 924 sqft | 1,400,000 | 1,515 | ||
| 12 Sep 202612 September 2026 | 862 sqft | 1,544,713 | 1,791 | ||
| 27 Aug 202627 August 2026 | 923 sqft | 1,360,000 | 1,472 |
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 16th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,314 sqft | AED 1.9MAED 1,900,000 · Sep 2024September 2024 | 115,000 /yr | |
| 1603 | 3-bed | 2,014 sqft | AED 2.45MAED 2,453,810 · Oct 2012October 2012 | 190,000 /yr | |
| 1604 | 2-bed | 1,189 sqft | AED 1.8MAED 1,800,000 · Jul 2018July 2018 | 150,000 /yr | |
| 1605 | 2-bed | 1,189 sqft | AED 1.52MAED 1,523,452 · Sep 2012September 2012 | 102,740 /yr | |
| 1606 | 3-bed | 2,014 sqft | AED 2.08MAED 2,077,050 · Jul 2022July 2022 | 50,000 /yr | |
| 1607 | 1-bed | 923 sqft | AED 1.15MAED 1,150,000 · May 2013May 2013 | ||
| 1608 | 2-bed | 1,314 sqft | AED 1.6MAED 1,600,000 · Sep 2016September 2016 | 110,000 /yr | |
| 1609 | 1-bed | 865 sqft | AED 898KAED 898,206 · Oct 2012October 2012 | 74,000 /yr | |
| 1610 | 1-bed | 864 sqft | AED 898KAED 898,206 · Oct 2012October 2012 | 95,000 /yr |
1602, Princess Tower in numbers
- Sold 3 times: first on 23 December 2009 for AED 900,180, last on 7 October 2012 for AED 1,000,000 (AED 1,083 per sqft).
- Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 48,000 in 2020 and recovered to AED 89,250 by February 2026.
- At AED 89,250 a year the gross yield on the 2012 price is 8.9%, before a service charge of about AED 15,300 a year (AED 16.62 per sqft).
- One-beds in Princess Tower sold for AED 1,231,180–2,050,000 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 February 2026.
Questions about 1602, Princess Tower
What did unit 1602 last sell for?
AED 1,000,000 on 7 October 2012: AED 1,083 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 900,180 in December 2009.
What is the rent for unit 1602?
AED 89,250 a year on the contract renewed on 14 February 2026. The previous contract, from February 2025, was AED 89,250; the unit has been rented since November 2014.
How big is unit 1602?
923 sqft (85.7 sqm): a one-bedroom apartment on the 16th floor of a 96-storey tower completed in 2012.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,231,180 to 2,050,000 in the last 12 months, around AED 1,559 per sqft.
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Mortgage on 1602, Princess Tower
Starts from the last sale price (AED 1M, 7 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →