2-bed · 1,186 sqftPrincess Tower, Dubai Marina · 27th floor · completed 2012

2704, Princess Tower

Sold prices and rental history: sold 4 times, last in February 2023, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 28 February 2023
Last soldAED 1.9M28 February 2023
Current rentAED 170K /yr20 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Princess Tower

What is 2704 worth today?

Last sold for AED 1,900,000 in 2023

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28 Feb 2023SoldReady
AED 1,900,000AED 1,602 per sqft
4 Feb 2015SoldReady
AED 2,460,000AED 2,074 per sqft
20 Jan 2013RentedNew contract
AED 170,000/yr12 months · AED 144 per sqft
11 Oct 2012SoldReady
AED 1,578,453AED 1,331 per sqft
20 Dec 2009Sold by developerOff-plan
AED 1,578,453AED 1,331 per sqft

Source: Dubai Land Department. Updated 28 February 2023.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
27th of 96
Parking
P4-33
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 1.9M · February 2023

About 2704, Princess Tower

2704 is a two-bedroom apartment of 1,186 sqft on the 27th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 28 February 2023 for AED 1,900,000, or AED 1,602 per sqft, 38% above the AED 1,163 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2013. The current contract, signed on 20 January 2013, is AED 170,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 1,578,453 (AED 1,331 per sqft)Sold, October 2012: AED 1,578,453 (AED 1,331 per sqft)Sold, February 2015: AED 2,460,000 (AED 2,074 per sqft)Sold, February 2023: AED 1,900,000 (AED 1,602 per sqft)

2704 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, 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, January 2013: AED 170,000 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 2704 sits

All 298 2-beds →

2704 last sold in February 2023 at AED 1,602 per sqft, 38% above what two-beds in Princess Tower were fetching at the time (AED 1,163). 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. 2704's AED 170,000 is in the upper 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 27th floor

All 763 units in Princess Tower
Value
27012-bedAED 1.24M · Jan 2013
27021-bedAED 910K · Nov 2012
27033-bedAED 3M · Aug 2016
27052-bedAED 1.35M · Nov 2021
27063-bedAED 1.2M · Oct 2022
27071-bedAED 1.42M · Apr 2026
27082-bedAED 1.82M · Jan 2025
1–7 of 9

2704, Princess Tower in numbers

  • Sold 4 times: first on 20 December 2009 for AED 1,578,453, last on 28 February 2023 for AED 1,900,000 (AED 1,602 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 19,700 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 28 February 2023.

Questions about 2704, Princess Tower

What did unit 2704 last sell for?

AED 1,900,000 on 28 February 2023: AED 1,602 per sqft for 1,186 sqft. The unit has 4 registered sales; the first was AED 1,578,453 in December 2009.

What is the rent for unit 2704?

AED 170,000 a year on the contract signed on 20 January 2013.

How big is unit 2704?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 27th floor of a 96-storey tower completed in 2012.

What is unit 2704 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 2704, Princess Tower

Starts from the last sale price (AED 1.9M, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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