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

2205, Princess Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 2.8M12 February 2024
Current rentAED 93K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, Princess Tower

What is 2205 worth today?

Last sold for AED 2,800,000 in 2024

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12 Feb 2024SoldReady
AED 2,800,000AED 2,355 per sqft
23 Jun 2023RentedRenewal
AED 93,000/yr12 months · AED 78 per sqft
23 Jun 2022RentedNew contract
AED 88,000/yr12 months · AED 74 per sqft
23 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
28 May 2020RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
20 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
5 Jan 2018RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
20 Dec 2013RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
22nd of 96
Parking
B5-26
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,800 /yr
Last sold
AED 2.8M · February 2024

About 2205, Princess Tower

2205 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 12 February 2024 for AED 2,800,000, or AED 2,355 per sqft, 65% above the AED 1,423 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 23 June 2023, is AED 93,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 19,800 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, each saleTypical two-bed in Princess Tower
1M2M3M2009201420192024Typical 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 1,521,000 (AED 1,279 per sqft)Sold, October 2012: AED 1,521,000 (AED 1,279 per sqft)Sold, February 2024: AED 2,800,000 (AED 2,355 per sqft)

2205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2205, 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 2013: AED 120,000 a yearNew contract, January 2018: AED 125,000 a yearNew contract, March 2019: AED 90,000 a yearNew contract, May 2020: AED 75,000 a yearNew contract, June 2021: AED 80,000 a yearNew contract, June 2022: AED 88,000 a yearRenewal, June 2023: AED 93,000 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 2205 sits

All 298 2-beds →

2205 last sold in February 2024 at AED 2,355 per sqft, 65% above what two-beds in Princess Tower were fetching at the time (AED 1,423). 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. 2205's AED 93,000 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
22042-bedAED 1.55M · Dec 2012
22063-bedAED 2.98M · Sep 2012
22071-bedAED 1.1M · Aug 2018
22082-bedAED 1.23M · Dec 2012
1–7 of 9

2205, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 1,521,000, last on 12 February 2024 for AED 2,800,000 (AED 2,355 per sqft).
  • Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 93,000 by June 2023.
  • At AED 93,000 a year the gross yield on the 2024 price is 3.3%, 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 12 February 2024.

Questions about 2205, Princess Tower

What did unit 2205 last sell for?

AED 2,800,000 on 12 February 2024: AED 2,355 per sqft for 1,189 sqft. The unit has 3 registered sales; the first was AED 1,521,000 in December 2009.

What is the rent for unit 2205?

AED 93,000 a year on the contract renewed on 23 June 2023. The previous contract, from June 2022, was AED 88,000; the unit has been rented since December 2013.

How big is unit 2205?

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 2205 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 2205, Princess Tower

Starts from the last sale price (AED 2.8M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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