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1-bed · 923 sqftPrincess Tower, Dubai Marina · 16th floor · completed 2012

1607, Princess Tower

Sold prices and rental history: sold 3 times, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 27 May 2013
Last soldAED 1.15M27 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1607, Princess Tower

What is 1607 worth today?

Last sold for AED 1,150,000 in 2013

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27 May 2013SoldReady
AED 1,150,000AED 1,246 per sqft
31 Mar 2013SoldReady
AED 741,177AED 803 per sqft
20 Dec 2009Sold by developerOff-plan
AED 741,177AED 803 per sqft

Source: Dubai Land Department. Updated 27 May 2013.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
16th of 96
Parking
B6-51
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.15M · May 2013
Building
Princess Tower

About 1607, Princess Tower

1607 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 27 May 2013 for AED 1,150,000, or AED 1,246 per sqft, 15% above the AED 1,081 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 881,990; 2010 AED 1,035,955; 2011 AED 821,955; 2012 AED 946,239; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,242,500; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,460,000; 2026 AED 1,418,883Sold by developer, December 2009: AED 741,177 (AED 803 per sqft)Sold, March 2013: AED 741,177 (AED 803 per sqft)Sold, May 2013: AED 1,150,000 (AED 1,246 per sqft)

1607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Princess Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 93,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 80,000; 2024 AED 86,000; 2025 AED 87,250; 2026 AED 80,000

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 1607 sits

All 285 1-beds →

1607 last sold in May 2013 at AED 1,246 per sqft, 15% above what one-beds in Princess Tower were fetching at the time (AED 1,081). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,231,180
18 Sep 20261,400,000
12 Sep 20261,544,713
27 Aug 20261,360,000
17 1-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 16th floor

All 763 units in Princess Tower
Value
16012-bedAED 1.9M · Sep 2024
16021-bedAED 1M · Oct 2012
16033-bedAED 2.45M · Oct 2012
16042-bedAED 1.8M · Jul 2018
16052-bedAED 1.52M · Sep 2012
16063-bedAED 2.08M · Jul 2022
16082-bedAED 1.6M · Sep 2016
1–7 of 9

1607, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 741,177, last on 27 May 2013 for AED 1,150,000 (AED 1,246 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 27 May 2013.

Questions about 1607, Princess Tower

What did unit 1607 last sell for?

AED 1,150,000 on 27 May 2013: AED 1,246 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 741,177 in December 2009.

How big is unit 1607?

923 sqft (85.7 sqm): a one-bedroom apartment on the 16th floor of a 96-storey tower completed in 2012.

What is unit 1607 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 1607, Princess Tower

Starts from the last sale price (AED 1.15M, 27 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →