2-bed · 1,305 sqftPrincess Tower, Dubai Marina · 28th floor · completed 2012

2808, Princess Tower

Sold prices and rental history: sold 3 times, last in August 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2808 · DLD and Ejari recordsUpdated 2 August 2017
Last soldAED 1.5M2 August 2017
Current rentAED 80K /yr25 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2808, Princess Tower

What is 2808 worth today?

Last sold for AED 1,500,000 in 2017

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2 Aug 2017SoldReady
AED 1,500,000AED 1,149 per sqft
25 May 2016RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
20 Mar 2015RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
1 Feb 2013RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
1 Nov 2012SoldReady
AED 1,190,000AED 911 per sqft
29 Dec 2009Sold by developerOff-plan
AED 2,890,800AED 2,214 per sqft

Source: Dubai Land Department. Updated 2 August 2017.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
28th of 96
Parking
B4-93
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.5M · August 2017

About 2808, Princess Tower

2808 is a two-bedroom apartment of 1,305 sqft on the 28th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 2 August 2017 for AED 1,500,000, or AED 1,149 per sqft, 11% below the AED 1,286 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 May 2016, is AED 80,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 21,700 a year.

Sales and rents for 2808 over time

Sales
Unit 2808, 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 2,890,800 (AED 2,214 per sqft)Sold, November 2012: AED 1,190,000 (AED 911 per sqft)Sold, August 2017: AED 1,500,000 (AED 1,149 per sqft)

2808 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2808, 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, February 2013: AED 100,000 a yearNew contract, March 2015: AED 130,000 a yearNew contract, May 2016: AED 80,000 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 2808 sits

All 298 2-beds →

2808 last sold in August 2017 at AED 1,149 per sqft, 11% below what two-beds in Princess Tower were fetching at the time (AED 1,286). 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. 2808's AED 80,000 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 28th floor

All 763 units in Princess Tower
Value
28012-bedAED 575K · Jun 2021
28021-bedAED 936K · Dec 2012
28033-bedAED 3M · Jan 2026
28042-bedAED 1.13M · Nov 2014
28052-bedAED 1.3M · May 2021
28063-bedAED 1.8M · Aug 2019
28071-bedAED 1.31M · Dec 2024
1–7 of 9

2808, Princess Tower in numbers

  • Sold 3 times: first on 29 December 2009 for AED 2,890,800, last on 2 August 2017 for AED 1,500,000 (AED 1,149 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 100,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 21,700 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 2 August 2017.

Questions about 2808, Princess Tower

What did unit 2808 last sell for?

AED 1,500,000 on 2 August 2017: AED 1,149 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 2,890,800 in December 2009.

What is the rent for unit 2808?

AED 80,000 a year on the contract signed on 25 May 2016. The previous contract, from March 2015, was AED 130,000; the unit has been rented since February 2013.

How big is unit 2808?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 28th floor of a 96-storey tower completed in 2012.

What is unit 2808 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 2808, Princess Tower

Starts from the last sale price (AED 1.5M, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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