1606, Princess Tower
Sold prices and rental history: sold 5 times, last in July 2022, 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 1606, Princess Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 10 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,014 sqft
- Floor
- 16th of 96
- Parking
- B5-62,B5-63
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 33,500 /yr
- Last sold
- AED 2.08M · July 2022
- Building
- Princess Tower
About 1606, Princess Tower
1606 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 7 July 2022 for AED 2,077,050, or AED 1,031 per sqft, in line with the AED 1,046 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 10 April 2023, is AED 50,000 a year: a gross yield of 2.4% on the 2022 price, before the service charge of about AED 33,500 a year.
Sales and rents for 1606 over time
1606 has sold 5 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 1606 sits
All 149 3-beds →1606 last sold in July 2022 at AED 1,031 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,046). 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. 1606's AED 50,000 is at the bottom 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 | |
| 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 | |
| 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 |
1606, Princess Tower in numbers
- Sold 5 times: first on 20 December 2009 for AED 2,433,115, last on 7 July 2022 for AED 2,077,050 (AED 1,031 per sqft).
- Rented since May 2014 on 6 Ejari contracts, from AED 140,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 2.4%, 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 10 April 2023.
Questions about 1606, Princess Tower
What did unit 1606 last sell for?
AED 2,077,050 on 7 July 2022: AED 1,031 per sqft for 2,014 sqft. The unit has 5 registered sales; the first was AED 2,433,115 in December 2009.
What is the rent for unit 1606?
AED 50,000 a year on the contract signed on 10 April 2023. The previous contract, from October 2022, was AED 109,197; the unit has been rented since May 2014.
How big is unit 1606?
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 1606 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 1606, Princess Tower
Starts from the last sale price (AED 2.08M, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,077,050
- Deposit, UAE resident (20%)
- AED 415,410
- Deposit, non-resident (40%)
- AED 830,820
- Monthly over 25 years at 3.7%
- AED 8,498
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →