1-bed · 865 sqftPrincess Tower, Dubai Marina · 20th floor · completed 2012

2009, Princess Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.03M4 November 2022
Current rentAED 78K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Princess Tower

What is 2009 worth today?

Last sold for AED 1,025,000 in 2022

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1 Aug 2024RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
1 Aug 2024RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
4 Nov 2022SoldReady
AED 1,025,000AED 1,185 per sqft
1 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
23 Feb 2021RentedNew contract
AED 62,500/yr12 months · AED 73 per sqft
23 Apr 2016RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
8 Jan 2015RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
28 Apr 2013RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
20th of 96
Parking
B5-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,400 /yr
Last sold
AED 1.03M · November 2022

About 2009, Princess Tower

2009 is a one-bedroom apartment of 865 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 4 November 2022 for AED 1,025,000, or AED 1,185 per sqft, 12% above the AED 1,061 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 78,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 14,400 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, 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 1,186,000 (AED 1,371 per sqft)Sold, September 2012: AED 1,186,000 (AED 1,371 per sqft)Sold, November 2022: AED 1,025,000 (AED 1,185 per sqft)

2009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2009, each contractTypical one-bed in Princess Tower
60K80K100K2012201620202024Typical 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, April 2013: AED 70,000 a yearNew contract, January 2015: AED 95,000 a yearNew contract, April 2016: AED 95,000 a yearNew contract, February 2021: AED 62,500 a yearNew contract, August 2022: AED 75,000 a yearNew contract, August 2024: AED 78,000 a yearNew contract, August 2024: AED 78,000 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 2009 sits

All 285 1-beds →

2009 last sold in November 2022 at AED 1,185 per sqft, 12% above what one-beds in Princess Tower were fetching at the time (AED 1,061). 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. 2009's AED 78,000 is in the lower half 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
20021-bedAED 1.15M · May 2023
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
1–7 of 9

2009, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 1,186,000, last on 4 November 2022 for AED 1,025,000 (AED 1,185 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 62,500 in 2021 and recovered to AED 78,000 by August 2024.
  • At AED 78,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 14,400 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 1 August 2024.

Questions about 2009, Princess Tower

What did unit 2009 last sell for?

AED 1,025,000 on 4 November 2022: AED 1,185 per sqft for 865 sqft. The unit has 3 registered sales; the first was AED 1,186,000 in December 2009.

What is the rent for unit 2009?

AED 78,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2024, was AED 78,000; the unit has been rented since April 2013.

How big is unit 2009?

865 sqft (80.4 sqm): a one-bedroom apartment on the 20th floor of a 96-storey tower completed in 2012.

What is unit 2009 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 2009, Princess Tower

Starts from the last sale price (AED 1.03M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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