1-bed · 923 sqftPrincess Tower, Dubai Marina · 34th floor · completed 2012

3402, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 954K23 September 2012
Current rentAED 82K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Princess Tower

What is 3402 worth today?

Last sold for AED 954,180 in 2012

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1 Aug 2024RentedRenewal
AED 82,000/yr12 months · AED 89 per sqft
1 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
20 Jun 2022RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
30 Nov 2021RentedRenewal
AED 55,200/yr12 months · AED 60 per sqft
30 Nov 2020RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
14 Dec 2019RentedRenewal
AED 67,500/yr12 months · AED 73 per sqft
14 Dec 2018RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
14 Dec 2017RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
34th of 96
Parking
P4-24
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 954K · September 2012

About 3402, Princess Tower

3402 is a one-bedroom apartment of 923 sqft on the 34th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 23 September 2012 for AED 954,180, or AED 1,034 per sqft, in line with the AED 1,009 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 82,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 15,300 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, each saleTypical one-bed in Princess Tower
500K1M1.5M2009201420192024Typical 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, April 2011: AED 600,000 (AED 650 per sqft)Sold by developer, April 2011: AED 954,180 (AED 1,034 per sqft)Sold, September 2012: AED 954,180 (AED 1,034 per sqft)

3402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3402, 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, December 2013: AED 95,000 a yearNew contract, December 2014: AED 95,000 a yearRenewal, December 2015: AED 95,000 a yearRenewal, December 2016: AED 95,000 a yearRenewal, December 2017: AED 90,000 a yearRenewal, December 2018: AED 80,000 a yearRenewal, December 2019: AED 67,500 a yearNew contract, November 2020: AED 48,000 a yearRenewal, November 2021: AED 55,200 a yearNew contract, June 2022: AED 70,000 a yearNew contract, August 2023: AED 80,000 a yearRenewal, August 2024: AED 82,000 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 3402 sits

All 285 1-beds →

3402 last sold in September 2012 at AED 1,034 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,009). 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. 3402's AED 82,000 is in the lower half 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 34th floor

All 763 units in Princess Tower
Value
34012-bedAED 1.6M · Jun 2015
34033-bedAED 2.67M · Aug 2017
34042-bedAED 1.64M · Jul 2022
34052-bedAED 1.61M · Oct 2012
34063-bedAED 3.34M · Jun 2024
34071-bedAED 855K · Dec 2012
34082-bedAED 1.26M · Jan 2013
1–7 of 9

3402, Princess Tower in numbers

  • Sold 3 times: first on 11 April 2011 for AED 954,180, last on 23 September 2012 for AED 954,180 (AED 1,034 per sqft).
  • Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 48,000 in 2020 and recovered to AED 82,000 by August 2024.
  • At AED 82,000 a year the gross yield on the 2012 price is 8.6%, 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 1 August 2024.

Questions about 3402, Princess Tower

What did unit 3402 last sell for?

AED 954,180 on 23 September 2012: AED 1,034 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 954,180 in April 2011.

What is the rent for unit 3402?

AED 82,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 80,000; the unit has been rented since December 2013.

How big is unit 3402?

923 sqft (85.7 sqm): a one-bedroom apartment on the 34th floor of a 96-storey tower completed in 2012.

What is unit 3402 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 3402, Princess Tower

Starts from the last sale price (AED 954K, 23 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 954,180
Deposit, UAE resident (20%)
AED 190,836
Deposit, non-resident (40%)
AED 381,672
Monthly over 25 years at 3.7%
AED 3,904

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