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3-bed · 1,342 sqftPrincess Tower, Dubai Marina · 17th floor · completed 2012

1706, Princess Tower

Sold prices and rental history: sold 3 times, last in December 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 15 December 2019
Last soldAED 1.2M15 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1706, Princess Tower

What is 1706 worth today?

Last sold for AED 1,200,000 in 2019

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15 Dec 2019SoldReady
AED 1,200,000AED 894 per sqft
25 Nov 2012SoldReady
AED 2,767,666AED 1,374 per sqft
20 Dec 2009Sold by developerOff-plan
AED 2,767,666AED 1,374 per sqft

Source: Dubai Land Department. Updated 15 December 2019.

Key facts

Type
3-bed apartment
Size
1,342 sqft
Floor
17th of 96
Parking
B5-87,B5-88
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 22,300 /yr
Last sold
AED 1.2M · December 2019
Building
Princess Tower

About 1706, Princess Tower

1706 is a three-bedroom apartment of 1,342 sqft on the 17th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 15 December 2019 for AED 1,200,000, or AED 894 per sqft, in line with the AED 896 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical three-bed in Princess Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 2,975,180; 2010 AED 2,900,936; 2012 AED 2,900,936; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,660,000; 2024 AED 3,105,500; 2025 AED 3,200,000; 2026 AED 3,286,900Sold by developer, December 2009: AED 2,767,666 (AED 1,374 per sqft)Sold, November 2012: AED 2,767,666 (AED 1,374 per sqft)Sold, December 2019: AED 1,200,000 (AED 894 per sqft)

1706 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1706, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 178,535; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,500; 2022 AED 126,500; 2023 AED 148,748; 2024 AED 175,000; 2025 AED 189,500; 2026 AED 175,500

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 1706 sits

All 149 3-beds →

1706 last sold in December 2019 at AED 894 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 896). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20262,300,000
29 Jul 20262,700,000
26 Mar 20262,800,000
11 Mar 20263,300,000
9 3-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 17th floor

All 763 units in Princess Tower
Value
17012-bedAED 1.23M · Feb 2019
17021-bedAED 903K · Dec 2012
17033-bedAED 1.57M · Oct 2020
17042-bedAED 1.9M · Dec 2024
17052-bedAED 1.53M · Sep 2012
17071-bedAED 975K · Feb 2023
17082-bedAED 1.18M · Sep 2019
1–7 of 9

1706, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 2,767,666, last on 15 December 2019 for AED 1,200,000 (AED 894 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 15 December 2019.

Questions about 1706, Princess Tower

What did unit 1706 last sell for?

AED 1,200,000 on 15 December 2019: AED 894 per sqft for 1,342 sqft. The unit has 3 registered sales; the first was AED 2,767,666 in December 2009.

How big is unit 1706?

1,342 sqft (124.7 sqm): a three-bedroom apartment on the 17th floor of a 96-storey tower completed in 2012.

What is unit 1706 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 1706, Princess Tower

Starts from the last sale price (AED 1.2M, 15 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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