1-bed · 923 sqftPrincess Tower, Dubai Marina · 22nd floor · completed 2012

2207, Princess Tower

Sold prices and rental history: sold 3 times, last in August 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2207 · DLD and Ejari recordsUpdated 30 August 2018
Last soldAED 1.1M30 August 2018
Current rentAED 85K /yr25 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2207, Princess Tower

What is 2207 worth today?

Last sold for AED 1,100,000 in 2018

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30 Aug 2018SoldReady
AED 1,100,000AED 1,192 per sqft
25 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
25 Dec 2015RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
26 Dec 2012SoldReady
AED 758,637AED 822 per sqft
20 Dec 2009Sold by developerOff-plan
AED 758,637AED 822 per sqft

Source: Dubai Land Department. Updated 30 August 2018.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
22nd of 96
Parking
B5-71
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.1M · August 2018

About 2207, Princess Tower

2207 is a one-bedroom apartment of 923 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 30 August 2018 for AED 1,100,000, or AED 1,192 per sqft, 6% below the AED 1,263 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 25 December 2017, is AED 85,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2207 over time

Sales
Unit 2207, 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 758,637 (AED 822 per sqft)Sold, December 2012: AED 758,637 (AED 822 per sqft)Sold, August 2018: AED 1,100,000 (AED 1,192 per sqft)

2207 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2207, 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, December 2015: AED 90,000 a yearNew contract, December 2017: AED 85,000 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 2207 sits

All 285 1-beds →

2207 last sold in August 2018 at AED 1,192 per sqft, 6% below what one-beds in Princess Tower were fetching at the time (AED 1,263). 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. 2207's AED 85,000 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 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
22052-bedAED 2.8M · Feb 2024
22063-bedAED 2.98M · Sep 2012
22082-bedAED 1.23M · Dec 2012
1–7 of 9

2207, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 758,637, last on 30 August 2018 for AED 1,100,000 (AED 1,192 per sqft).
  • Rented since December 2015 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 15,300 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 30 August 2018.

Questions about 2207, Princess Tower

What did unit 2207 last sell for?

AED 1,100,000 on 30 August 2018: AED 1,192 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 758,637 in December 2009.

What is the rent for unit 2207?

AED 85,000 a year on the contract signed on 25 December 2017. The previous contract, from December 2015, was AED 90,000.

How big is unit 2207?

923 sqft (85.7 sqm): a one-bedroom apartment on the 22nd floor of a 96-storey tower completed in 2012.

What is unit 2207 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 2207, Princess Tower

Starts from the last sale price (AED 1.1M, 30 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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