1603, Princess Tower
Sold prices and rental history: sold twice, last in October 2012, 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 1603, Princess Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 12 June 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,014 sqft
- Floor
- 16th of 96
- Parking
- B5-69,B5-70
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 33,500 /yr
- Last sold
- AED 2.45M · October 2012
- Building
- Princess Tower
About 1603, Princess Tower
1603 is a three-bedroom apartment of 2,014 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 31 October 2012 for AED 2,453,810, or AED 1,218 per sqft, 13% below the AED 1,400 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 June 2026, is AED 190,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 33,500 a year.
Sales and rents for 1603 over time
1603 has sold twice; 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 1603 sits
All 149 3-beds →1603 last sold in October 2012 at AED 1,218 per sqft, 13% below what three-beds in Princess Tower were fetching at the time (AED 1,400). 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. 1603's AED 190,000 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 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 | |
| 1602 | 1-bed | 923 sqft | AED 1MAED 1,000,000 · Oct 2012October 2012 | 89,250 /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 |
1603, Princess Tower in numbers
- Sold twice: first on 23 December 2009 for AED 2,453,810, last on 31 October 2012 for AED 2,453,810 (AED 1,218 per sqft).
- Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2021 and recovered to AED 190,000 by June 2026.
- At AED 190,000 a year the gross yield on the 2012 price is 7.7%, 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 12 June 2026.
Questions about 1603, Princess Tower
What did unit 1603 last sell for?
AED 2,453,810 on 31 October 2012: AED 1,218 per sqft for 2,014 sqft. The unit has 2 registered sales; the first was AED 2,453,810 in December 2009.
What is the rent for unit 1603?
AED 190,000 a year on the contract renewed on 12 June 2026. The previous contract, from June 2025, was AED 190,000; the unit has been rented since January 2013.
How big is unit 1603?
2,014 sqft (187.1 sqm): a three-bedroom apartment on the 16th floor of a 96-storey tower completed in 2012.
What is unit 1603 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 1603, Princess Tower
Starts from the last sale price (AED 2.45M, 31 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,453,810
- Deposit, UAE resident (20%)
- AED 490,762
- Deposit, non-resident (40%)
- AED 981,524
- Monthly over 25 years at 3.7%
- AED 10,039
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →