3-bed · 2,008 sqftPrincess Tower, Dubai Marina · 29th floor · completed 2012

2906, Princess Tower

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

Unit 2906 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 3.02M20 January 2013
Current rentAED 86K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, Princess Tower

What is 2906 worth today?

Last sold for AED 3,020,399 in 2013

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1 Aug 2020RentedNew contract
AED 86,000/yr12 months · AED 43 per sqft
3 Apr 2019RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
3 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 89 per sqft
3 Apr 2017RentedRenewal
AED 185,000/yr12 months · AED 92 per sqft
3 Apr 2016RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
3 Apr 2014RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
3 Apr 2013RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
20 Jan 2013SoldReady
AED 3,020,399AED 1,504 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
3-bed apartment
Size
2,008 sqft
Floor
29th of 96
Parking
B4-09,B4-10
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,400 /yr
Last sold
AED 3.02M · January 2013

About 2906, Princess Tower

2906 is a three-bedroom apartment of 2,008 sqft on the 29th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 January 2013 for AED 3,020,399, or AED 1,504 per sqft, 5% above the AED 1,439 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 August 2020, is AED 86,000 a year: a gross yield of 2.9% on the 2013 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, each saleTypical three-bed in Princess Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 2,975,180; 2010 AED 2,900,936; 2012 AED 2,900,936; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,660,000; 2024 AED 3,105,500; 2025 AED 3,200,000; 2026 AED 3,286,900Sold by developer, December 2009: AED 3,020,399 (AED 1,504 per sqft)Sold, January 2013: AED 3,020,399 (AED 1,504 per sqft)

2906 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2906, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 178,535; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,500; 2022 AED 126,500; 2023 AED 148,748; 2024 AED 175,000; 2025 AED 189,500; 2026 AED 175,500New contract, April 2013: AED 150,000 a yearNew contract, April 2014: AED 150,000 a yearNew contract, April 2016: AED 180,000 a yearRenewal, April 2017: AED 185,000 a yearRenewal, April 2018: AED 180,000 a yearRenewal, April 2019: AED 140,000 a yearNew contract, August 2020: AED 86,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Princess Tower, and where 2906 sits

All 149 3-beds →

2906 last sold in January 2013 at AED 1,504 per sqft, 5% above what three-beds in Princess Tower were fetching at the time (AED 1,439). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 2906's AED 86,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20262,300,000
29 Jul 20262,700,000
26 Mar 20262,800,000
11 Mar 20263,300,000
9 3-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 29th floor

All 763 units in Princess Tower
Value
29012-bedAED 1.1M · Mar 2020
29021-bedAED 1.3M · Mar 2024
29033-bedAED 2.66M · Dec 2012
29042-bedAED 1.86M · Dec 2024
29052-bedAED 2.2M · Feb 2015
29071-bedAED 1.28M · Aug 2016
29082-bedAED 1.31M · Dec 2012
1–7 of 9

2906, Princess Tower in numbers

  • Sold twice: first on 29 December 2009 for AED 3,020,399, last on 20 January 2013 for AED 3,020,399 (AED 1,504 per sqft).
  • Rented since April 2013 on 7 Ejari contracts, from AED 150,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2013 price is 2.9%, before a service charge of about AED 33,400 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 1 August 2020.

Questions about 2906, Princess Tower

What did unit 2906 last sell for?

AED 3,020,399 on 20 January 2013: AED 1,504 per sqft for 2,008 sqft. The unit has 2 registered sales; the first was AED 3,020,399 in December 2009.

What is the rent for unit 2906?

AED 86,000 a year on the contract signed on 1 August 2020. The previous contract, from April 2019, was AED 140,000; the unit has been rented since April 2013.

How big is unit 2906?

2,008 sqft (186.5 sqm): a three-bedroom apartment on the 29th floor of a 96-storey tower completed in 2012.

What is unit 2906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 2906, Princess Tower

Starts from the last sale price (AED 3.02M, 20 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,020,399
Deposit, UAE resident (20%)
AED 604,080
Deposit, non-resident (40%)
AED 1,208,160
Monthly over 25 years at 3.7%
AED 12,357

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