1-bed · 923 sqftPrincess Tower, Dubai Marina · 20th floor · completed 2012

2002, Princess Tower

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 18 May 2023
Last soldAED 1.15M18 May 2023
Current rentAED 60K /yr25 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Princess Tower

What is 2002 worth today?

Last sold for AED 1,150,000 in 2023

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18 May 2023SoldReady
AED 1,150,000AED 1,246 per sqft
25 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
28 May 2020SoldReady
AED 700,000AED 758 per sqft
1 May 2019RentedRenewal
AED 70,000/yr12 months · AED 76 per sqft
1 May 2018RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
15 Jan 2016RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft
26 May 2013RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
15 Apr 2013SoldReady
AED 1,262,000AED 1,367 per sqft

Source: Dubai Land Department. Updated 18 May 2023.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
20th of 96
Parking
B5-90
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.15M · May 2023

About 2002, Princess Tower

2002 is a one-bedroom apartment of 923 sqft on the 20th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 May 2023 for AED 1,150,000, or AED 1,246 per sqft, 14% above the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 June 2020, is AED 60,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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 843,000 (AED 913 per sqft)Sold, December 2012: AED 799,916 (AED 866 per sqft)Sold, April 2013: AED 1,262,000 (AED 1,367 per sqft)Sold, May 2020: AED 700,000 (AED 758 per sqft)Sold, May 2023: AED 1,150,000 (AED 1,246 per sqft)

2002 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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 80,000New contract, May 2013: AED 80,000 a yearNew contract, January 2016: AED 100,000 a yearNew contract, May 2018: AED 80,000 a yearRenewal, May 2019: AED 70,000 a yearNew contract, June 2020: AED 60,000 a year

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 2002 sits

All 285 1-beds →

2002 last sold in May 2023 at AED 1,246 per sqft, 14% above what one-beds in Princess Tower were fetching at the time (AED 1,096). 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. 2002's AED 60,000 is at the bottom of that range.

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 20th floor

All 763 units in Princess Tower
Value
20012-bedAED 1.4M · Dec 2012
20033-bedAED 3.2M · Apr 2014
20042-bedAED 1.56M · Dec 2012
20052-bedAED 1.68M · Jun 2023
20063-bedAED 3.05M · Dec 2013
20071-bedAED 753K · Dec 2012
20082-bedAED 2.15M · Jan 2015
1–7 of 9

2002, Princess Tower in numbers

  • Sold 5 times: first on 20 December 2009 for AED 843,000, last on 18 May 2023 for AED 1,150,000 (AED 1,246 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 15,300 a year (AED 16.62 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 18 May 2023.

Questions about 2002, Princess Tower

What did unit 2002 last sell for?

AED 1,150,000 on 18 May 2023: AED 1,246 per sqft for 923 sqft. The unit has 5 registered sales; the first was AED 843,000 in December 2009.

What is the rent for unit 2002?

AED 60,000 a year on the contract signed on 25 June 2020. The previous contract, from May 2019, was AED 70,000; the unit has been rented since May 2013.

How big is unit 2002?

923 sqft (85.7 sqm): a one-bedroom apartment on the 20th floor of a 96-storey tower completed in 2012.

What is unit 2002 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 2002, Princess Tower

Starts from the last sale price (AED 1.15M, 18 May 2023). 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 →