1604, Princess Tower
Sold prices and rental history: sold 3 times, last in July 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Princess Tower
What is 1604 worth today?
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Source: Dubai Land Department. Updated 3 July 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,189 sqft
- Floor
- 16th of 96
- Parking
- B6-74
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 19,800 /yr
- Last sold
- AED 1.8M · July 2018
- Building
- Princess Tower
About 1604, Princess Tower
1604 is a two-bedroom apartment of 1,189 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 3 July 2018 for AED 1,800,000, or AED 1,514 per sqft, 22% above the AED 1,239 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 150,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 19,800 a year.
Sales and rents for 1604 over time
1604 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 1604 sits
All 298 2-beds →1604 last sold in July 2018 at AED 1,514 per sqft, 22% above what two-beds in Princess Tower were fetching at the time (AED 1,239). 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. 1604's AED 150,000 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 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 | |
| 1603 | 3-bed | 2,014 sqft | AED 2.45MAED 2,453,810 · Oct 2012October 2012 | 190,000 /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 |
1604, Princess Tower in numbers
- Sold 3 times: first on 23 December 2009 for AED 1,512,027, last on 3 July 2018 for AED 1,800,000 (AED 1,514 per sqft).
- Rented since April 2014 on 3 Ejari contracts, from AED 90,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 19,800 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 3 July 2018.
Questions about 1604, Princess Tower
What did unit 1604 last sell for?
AED 1,800,000 on 3 July 2018: AED 1,514 per sqft for 1,189 sqft. The unit has 3 registered sales; the first was AED 1,512,027 in December 2009.
What is the rent for unit 1604?
AED 150,000 a year on the contract renewed on 1 March 2017. The previous contract, from March 2016, was AED 150,000; the unit has been rented since April 2014.
How big is unit 1604?
1,189 sqft (110.5 sqm): a two-bedroom apartment on the 16th floor of a 96-storey tower completed in 2012.
What is unit 1604 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 1604, Princess Tower
Starts from the last sale price (AED 1.8M, 3 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →