2-bed · 1,185 sqftPrincess Tower, Dubai Marina · 33rd floor · completed 2012

3305, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3305 · DLD and Ejari recordsUpdated 15 February 2014
Last soldAED 2.3M29 December 2012
Current rentAED 96K /yr15 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3305, Princess Tower

What is 3305 worth today?

Last sold for AED 2,295,000 in 2012

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15 Feb 2014RentedNew contract
AED 96,444/yr13 months · AED 81 per sqft
15 Feb 2013RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
29 Dec 2012SoldReady
AED 2,295,000AED 1,937 per sqft
29 Dec 2009Sold by developerOff-plan
AED 2,295,000AED 1,937 per sqft

Source: Dubai Land Department. Updated 15 February 2014.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
33rd of 96
Parking
P4-59
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 2.3M · December 2012

About 3305, Princess Tower

3305 is a two-bedroom apartment of 1,185 sqft on the 33rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 December 2012 for AED 2,295,000, or AED 1,937 per sqft, 57% above the AED 1,234 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 February 2014, is AED 96,444 a year: a gross yield of 4.2% on the 2012 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3305 over time

Sales
Unit 3305, 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 2,295,000 (AED 1,937 per sqft)Sold, December 2012: AED 2,295,000 (AED 1,937 per sqft)

3305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3305, 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 105,000 a yearNew contract, February 2014: AED 96,444 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 3305 sits

All 298 2-beds →

3305 last sold in December 2012 at AED 1,937 per sqft, 57% above what two-beds in Princess Tower were fetching at the time (AED 1,234). 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. 3305's AED 96,444 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 33rd floor

All 763 units in Princess Tower
Value
33012-bedAED 2.06M · Aug 2024
33021-bedAED 951K · Dec 2012
33033-bedAED 3.27M · Dec 2012
33042-bedAED 1.8M · Oct 2022
33063-bedAED 2.12M · Sep 2022
33071-bedAED 1.25M · Aug 2026
33082-bedAED 1.27M · Feb 2023
1–7 of 9

3305, Princess Tower in numbers

  • Sold twice: first on 29 December 2009 for AED 2,295,000, last on 29 December 2012 for AED 2,295,000 (AED 1,937 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 105,000 to AED 96,444 a year.
  • At AED 96,444 a year the gross yield on the 2012 price is 4.2%, 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 15 February 2014.

Questions about 3305, Princess Tower

What did unit 3305 last sell for?

AED 2,295,000 on 29 December 2012: AED 1,937 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 2,295,000 in December 2009.

What is the rent for unit 3305?

AED 96,444 a year on the contract signed on 15 February 2014. The previous contract, from February 2013, was AED 105,000.

How big is unit 3305?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 33rd floor of a 96-storey tower completed in 2012.

What is unit 3305 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 3305, Princess Tower

Starts from the last sale price (AED 2.3M, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,295,000
Deposit, UAE resident (20%)
AED 459,000
Deposit, non-resident (40%)
AED 918,000
Monthly over 25 years at 3.7%
AED 9,390

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