2005, Princess Tower
Sold prices and rental history: sold 4 times, last in June 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2005, Princess Tower
What is 2005 worth today?
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Source: Dubai Land Department. Updated 15 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,189 sqft
- Floor
- 20th of 96
- Parking
- B5-35
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 19,800 /yr
- Last sold
- AED 1.68M · June 2023
- Building
- Princess Tower
About 2005, Princess Tower
2005 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. It last sold on 15 June 2023 for AED 1,675,000, or AED 1,409 per sqft, 18% above the AED 1,196 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 October 2023, is AED 134,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 19,800 a year.
Sales and rents for 2005 over time
2005 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2005 sits
All 298 2-beds →2005 last sold in June 2023 at AED 1,409 per sqft, 18% above what two-beds in Princess Tower were fetching at the time (AED 1,196). 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. 2005's AED 134,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
Princess Tower
Building763 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%
Other units on the 20th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,314 sqft | AED 1.4MAED 1,400,000 · Dec 2012December 2012 | 100,000 /yr | |
| 2002 | 1-bed | 923 sqft | AED 1.15MAED 1,150,000 · May 2023May 2023 | 60,000 /yr | |
| 2003 | 3-bed | 2,014 sqft | AED 3.2MAED 3,200,000 · Apr 2014April 2014 | 175,000 /yr | |
| 2004 | 2-bed | 1,189 sqft | AED 1.56MAED 1,563,452 · Dec 2012December 2012 | 105,168 /yr | |
| 2006 | 3-bed | 2,014 sqft | AED 3.05MAED 3,050,000 · Dec 2013December 2013 | 190,000 /yr | |
| 2007 | 1-bed | 923 sqft | AED 753KAED 752,817 · Dec 2012December 2012 | 84,000 /yr | |
| 2008 | 2-bed | 1,314 sqft | AED 2.15MAED 2,150,000 · Jan 2015January 2015 | 100,000 /yr | |
| 2009 | 1-bed | 865 sqft | AED 1.03MAED 1,025,000 · Nov 2022November 2022 | 78,000 /yr | |
| 2010 | 1-bed | 864 sqft | AED 1.2MAED 1,200,000 · Feb 2016February 2016 | 70,957 /yr |
2005, Princess Tower in numbers
- Sold 4 times: first on 20 December 2009 for AED 1,563,452, last on 15 June 2023 for AED 1,675,000 (AED 1,409 per sqft).
- Rented since September 2014 on 3 Ejari contracts, from AED 123,050 to AED 134,000 a year.
- At AED 134,000 a year the gross yield on the 2023 price is 8.0%, 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 15 October 2023.
Questions about 2005, Princess Tower
What did unit 2005 last sell for?
AED 1,675,000 on 15 June 2023: AED 1,409 per sqft for 1,189 sqft. The unit has 4 registered sales; the first was AED 1,563,452 in December 2009.
What is the rent for unit 2005?
AED 134,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 130,000; the unit has been rented since September 2014.
How big is unit 2005?
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 2005 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 2005, Princess Tower
Starts from the last sale price (AED 1.68M, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →