2-bed · 1,189 sqftPrincess Tower, Dubai Marina · 20th floor · completed 2012

2004, Princess Tower

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 17 September 2023
Last soldAED 1.56M12 December 2012
Current rentAED 105K /yr17 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Princess Tower

What is 2004 worth today?

Last sold for AED 1,563,452 in 2012

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17 Sep 2023RentedRenewal
AED 105,168/yr11 months · AED 88 per sqft
17 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
24 Sep 2021RentedRenewal
AED 78,000/yr12 months · AED 66 per sqft
24 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
18 Jul 2019RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
1 Aug 2017RentedRenewal
AED 125,000/yr12 months · AED 106 per sqft
1 Aug 2016RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
12 Dec 2012Sold by developerReady
AED 1,563,452AED 1,315 per sqft

Source: Dubai Land Department. Updated 17 September 2023.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
20th of 96
Parking
B5-44
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.56M · December 2012

About 2004, Princess Tower

2004 is a two-bedroom apartment of 1,189 sqft on the 20th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 12 December 2012 for AED 1,563,452, or AED 1,315 per sqft, 7% above the AED 1,234 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 17 September 2023, is AED 105,168 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,478,050; 2010 AED 1,670,415; 2011 AED 1,415,390; 2012 AED 1,512,027; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,000,000; 2016 AED 1,800,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,222,000; 2022 AED 1,525,000; 2023 AED 1,675,000; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,100,000Sold by developer, December 2012: AED 1,563,452 (AED 1,315 per sqft)

2004 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 110,250; 2024 AED 128,218; 2025 AED 130,000; 2026 AED 120,000New contract, August 2016: AED 125,000 a yearRenewal, August 2017: AED 125,000 a yearNew contract, July 2019: AED 90,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2021: AED 78,000 a yearNew contract, September 2022: AED 100,000 a yearRenewal, September 2023: AED 105,168 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Princess Tower, and where 2004 sits

All 298 2-beds →

2004 last sold in December 2012 at AED 1,315 per sqft, 7% above what two-beds in Princess Tower were fetching at the time (AED 1,234). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,732 per sqft, and rent for AED 50,000 to 252,000 a year. 2004's AED 105,168 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 202640,505
10 Aug 2026131,419
3 Aug 20261,800,000
6 May 20262,575,000
13 2-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
20033-bedAED 3.2M · Apr 2014
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

2004, Princess Tower in numbers

  • Sold once: by Tameer Holding Investment on 12 December 2012 for AED 1,563,452, or AED 1,315 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2020 and recovered to AED 105,168 by September 2023.
  • At AED 105,168 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 19,800 a year (AED 16.62 per sqft).
  • Two-beds in Princess Tower sold for AED 1,250,000–2,600,000 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 17 September 2023.

Questions about 2004, Princess Tower

What did unit 2004 last sell for?

AED 1,563,452 on 12 December 2012, sold by the developer: AED 1,315 per sqft for 1,189 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 105,168 a year on the contract renewed on 17 September 2023. The previous contract, from September 2022, was AED 100,000; the unit has been rented since August 2016.

How big is unit 2004?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 20th floor of a 96-storey tower completed in 2012.

What is unit 2004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Princess Tower sold for AED 1,250,000 to 2,600,000 in the last 12 months, around AED 1,732 per sqft.

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Mortgage on 2004, Princess Tower

Starts from the last sale price (AED 1.56M, 12 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,452
Deposit, UAE resident (20%)
AED 312,690
Deposit, non-resident (40%)
AED 625,381
Monthly over 25 years at 3.7%
AED 6,397

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