2-bed · 1,189 sqftPrincess Tower, Dubai Marina · 22nd floor · completed 2012

2204, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and rented once, from December 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 24 December 2012
Last soldAED 1.55M24 December 2012
Current rentAED 125K /yr1 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Princess Tower

What is 2204 worth today?

Last sold for AED 1,553,452 in 2012

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24 Dec 2012SoldReady
AED 1,553,452AED 1,306 per sqft
1 Dec 2012RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
20 Dec 2009Sold by developerOff-plan
AED 1,553,452AED 1,306 per sqft

Source: Dubai Land Department. Updated 24 December 2012.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
22nd of 96
Parking
B4-37
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 1.55M · December 2012

About 2204, Princess Tower

2204 is a two-bedroom apartment of 1,189 sqft on the 22nd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 December 2012 for AED 1,553,452, or AED 1,306 per sqft, 4% above the AED 1,252 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2012. The current contract, signed on 1 December 2012, is AED 125,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, 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 2009: AED 1,553,452 (AED 1,306 per sqft)Sold, December 2012: AED 1,553,452 (AED 1,306 per sqft)

2204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2204, 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, December 2012: AED 125,000 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 2204 sits

All 298 2-beds →

2204 last sold in December 2012 at AED 1,306 per sqft, 4% above what two-beds in Princess Tower were fetching at the time (AED 1,252). 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. 2204's AED 125,000 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 22nd floor

All 763 units in Princess Tower
Value
22012-bedAED 1.23M · Oct 2012
22021-bedAED 837K · Dec 2012
22033-bedAED 1.7M · Jun 2021
22052-bedAED 2.8M · Feb 2024
22063-bedAED 2.98M · Sep 2012
22071-bedAED 1.1M · Aug 2018
22082-bedAED 1.23M · Dec 2012
1–7 of 9

2204, Princess Tower in numbers

  • Sold twice: first on 20 December 2009 for AED 1,553,452, last on 24 December 2012 for AED 1,553,452 (AED 1,306 per sqft).
  • Rented since December 2012 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2012 price is 8.1%, 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 24 December 2012.

Questions about 2204, Princess Tower

What did unit 2204 last sell for?

AED 1,553,452 on 24 December 2012: AED 1,306 per sqft for 1,189 sqft. The unit has 2 registered sales; the first was AED 1,553,452 in December 2009.

What is the rent for unit 2204?

AED 125,000 a year on the contract signed on 1 December 2012.

How big is unit 2204?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 22nd floor of a 96-storey tower completed in 2012.

What is unit 2204 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 2204, Princess Tower

Starts from the last sale price (AED 1.55M, 24 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,553,452
Deposit, UAE resident (20%)
AED 310,690
Deposit, non-resident (40%)
AED 621,381
Monthly over 25 years at 3.7%
AED 6,356

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