1-bed · 923 sqftPrincess Tower, Dubai Marina · 30th floor · completed 2012

3007, Princess Tower

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3007 · DLD and Ejari recordsUpdated 11 July 2021
Last soldAED 800K11 July 2021
Current rentAED 50K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3007, Princess Tower

What is 3007 worth today?

Last sold for AED 800,000 in 2021

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11 Jul 2021SoldReady
AED 800,000AED 867 per sqft
1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
1 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
1 Oct 2016RentedRenewal
AED 85,000/yr12 months · AED 92 per sqft
1 Oct 2015RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
1 Oct 2013RentedNew contract
AED 87,000/yr12 months · AED 94 per sqft
13 Dec 2012Sold by developerReady
AED 1,323,228AED 1,434 per sqft

Source: Dubai Land Department. Updated 11 July 2021.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
30th of 96
Parking
B4-51
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 800K · July 2021

About 3007, Princess Tower

3007 is a one-bedroom apartment of 923 sqft on the 30th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 11 July 2021 for AED 800,000, or AED 867 per sqft, 5% above the AED 823 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 February 2021, is AED 50,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 15,300 a year.

Sales and rents for 3007 over time

Sales
Unit 3007, 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 2012: AED 1,323,228 (AED 1,434 per sqft)Sold, July 2021: AED 800,000 (AED 867 per sqft)

3007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3007, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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, October 2013: AED 87,000 a yearNew contract, October 2015: AED 95,000 a yearRenewal, October 2016: AED 85,000 a yearNew contract, November 2018: AED 80,000 a yearNew contract, February 2021: AED 50,000 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 3007 sits

All 285 1-beds →

3007 last sold in July 2021 at AED 867 per sqft, 5% above what one-beds in Princess Tower were fetching at the time (AED 823). 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. 3007's AED 50,000 is at the bottom 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 30th floor

All 763 units in Princess Tower
Value
30012-bedAED 1.82M · Oct 2013
30021-bedAED 901K · Nov 2012
30033-bedAED 2.65M · Sep 2024
30042-bedAED 1.64M · Dec 2022
30052-bedAED 2.14M · Jul 2013
30063-bedAED 2.66M · Jan 2017
30082-bedAED 2.96M · Dec 2012
1–7 of 9

3007, Princess Tower in numbers

  • Sold twice: first on 13 December 2012 for AED 1,323,228, last on 11 July 2021 for AED 800,000 (AED 867 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 87,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 6.3%, 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 11 July 2021.

Questions about 3007, Princess Tower

What did unit 3007 last sell for?

AED 800,000 on 11 July 2021: AED 867 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 1,323,228 in December 2012.

What is the rent for unit 3007?

AED 50,000 a year on the contract signed on 1 February 2021. The previous contract, from November 2018, was AED 80,000; the unit has been rented since October 2013.

How big is unit 3007?

923 sqft (85.7 sqm): a one-bedroom apartment on the 30th floor of a 96-storey tower completed in 2012.

What is unit 3007 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 3007, Princess Tower

Starts from the last sale price (AED 800K, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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