3-bed · 2,014 sqftPrincess Tower, Dubai Marina · 20th floor · completed 2012

2003, Princess Tower

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 20 August 2023
Last soldAED 3.2M17 April 2014
Current rentAED 175K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Princess Tower

What is 2003 worth today?

Last sold for AED 3,200,000 in 2014

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20 Aug 2023RentedRenewal
AED 175,000/yr12 months · AED 87 per sqft
20 Aug 2022RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
15 Aug 2014RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
17 Apr 2014SoldReady
AED 3,200,000AED 1,589 per sqft
15 Aug 2013RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
11 Oct 2012SoldReady
AED 3,200,792AED 1,589 per sqft
20 Dec 2009Sold by developerOff-plan
AED 3,200,792AED 1,589 per sqft

Source: Dubai Land Department. Updated 20 August 2023.

Key facts

Type
3-bed apartment
Size
2,014 sqft
Floor
20th of 96
Parking
B4-81,B4-84
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,500 /yr
Last sold
AED 3.2M · April 2014

About 2003, Princess Tower

2003 is a three-bedroom apartment of 2,014 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 17 April 2014 for AED 3,200,000, or AED 1,589 per sqft, 3% above the AED 1,539 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 August 2023, is AED 175,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 33,500 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical three-bed in Princess Tower
2M3M2009201420192024Typical 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 3,200,792 (AED 1,589 per sqft)Sold, October 2012: AED 3,200,792 (AED 1,589 per sqft)Sold, April 2014: AED 3,200,000 (AED 1,589 per sqft)

2003 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2003, 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 175,500New contract, August 2013: AED 180,000 a yearNew contract, August 2014: AED 190,000 a yearNew contract, August 2022: AED 165,000 a yearRenewal, August 2023: AED 175,000 a year

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 2003 sits

All 149 3-beds →

2003 last sold in April 2014 at AED 1,589 per sqft, 3% above what three-beds in Princess Tower were fetching at the time (AED 1,539). 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. 2003's AED 175,000 is in the lower half of that range.

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 20th floor

All 763 units in Princess Tower
Value
20012-bedAED 1.4M · Dec 2012
20021-bedAED 1.15M · May 2023
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

2003, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 3,200,792, last on 17 April 2014 for AED 3,200,000 (AED 1,589 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 180,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2014 price is 5.5%, 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 20 August 2023.

Questions about 2003, Princess Tower

What did unit 2003 last sell for?

AED 3,200,000 on 17 April 2014: AED 1,589 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 3,200,792 in December 2009.

What is the rent for unit 2003?

AED 175,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 165,000; the unit has been rented since August 2013.

How big is unit 2003?

2,014 sqft (187.1 sqm): a three-bedroom apartment on the 20th floor of a 96-storey tower completed in 2012.

What is unit 2003 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 2003, Princess Tower

Starts from the last sale price (AED 3.2M, 17 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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