2-bed · 1,185 sqftPrincess Tower, Dubai Marina · 34th floor · completed 2012

3405, Princess Tower

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

Unit 3405 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.61M11 October 2012
Current rentAED 140K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, Princess Tower

What is 3405 worth today?

Last sold for AED 1,613,453 in 2012

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18 Dec 2024RentedNew contract
AED 140,000/yr37 months · AED 118 per sqft
18 Dec 2024RentedNew contract
AED 140,000/yr37 months · AED 118 per sqft
20 Dec 2023RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
22 Jun 2023RentedRenewal
AED 96,600/yr6 months · AED 82 per sqft
22 Jun 2022RentedRenewal
AED 92,000/yr12 months · AED 78 per sqft
22 Jun 2021RentedRenewal
AED 77,500/yr12 months · AED 65 per sqft
22 Jun 2020RentedRenewal
AED 87,000/yr12 months · AED 73 per sqft
22 Jun 2019RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
34th of 96
Parking
B4-25
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 1.61M · October 2012

About 3405, Princess Tower

3405 is a two-bedroom apartment of 1,185 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 11 October 2012 for AED 1,613,453, or AED 1,361 per sqft, 7% above the AED 1,269 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 18 December 2024, is AED 140,000 a year: a gross yield of 8.7% on the 2012 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical 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 1,613,453 (AED 1,361 per sqft)Sold, October 2012: AED 1,613,453 (AED 1,361 per sqft)

3405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, 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, August 2013: AED 120,000 a yearNew contract, July 2014: AED 145,000 a yearNew contract, August 2016: AED 140,000 a yearNew contract, September 2017: AED 127,000 a yearNew contract, June 2019: AED 87,000 a yearRenewal, June 2020: AED 87,000 a yearRenewal, June 2021: AED 77,500 a yearRenewal, June 2022: AED 92,000 a yearRenewal, June 2023: AED 96,600 a yearNew contract, December 2023: AED 135,000 a yearNew contract, December 2024: AED 140,000 a yearNew contract, December 2024: AED 140,000 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 3405 sits

All 298 2-beds →

3405 last sold in October 2012 at AED 1,361 per sqft, 7% above what two-beds in Princess Tower were fetching at the time (AED 1,269). 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. 3405's AED 140,000 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 34th floor

All 763 units in Princess Tower
Value
34012-bedAED 1.6M · Jun 2015
34021-bedAED 954K · Sep 2012
34033-bedAED 2.67M · Aug 2017
34042-bedAED 1.64M · Jul 2022
34063-bedAED 3.34M · Jun 2024
34071-bedAED 855K · Dec 2012
34082-bedAED 1.26M · Jan 2013
1–7 of 9

3405, Princess Tower in numbers

  • Sold twice: first on 29 December 2009 for AED 1,613,453, last on 11 October 2012 for AED 1,613,453 (AED 1,361 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 77,500 in 2021 and recovered to AED 140,000 by December 2024.
  • At AED 140,000 a year the gross yield on the 2012 price is 8.7%, 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 18 December 2024.

Questions about 3405, Princess Tower

What did unit 3405 last sell for?

AED 1,613,453 on 11 October 2012: AED 1,361 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 1,613,453 in December 2009.

What is the rent for unit 3405?

AED 140,000 a year on the contract signed on 18 December 2024. The previous contract, from December 2024, was AED 140,000; the unit has been rented since August 2013.

How big is unit 3405?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 34th floor of a 96-storey tower completed in 2012.

What is unit 3405 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 3405, Princess Tower

Starts from the last sale price (AED 1.61M, 11 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,613,453
Deposit, UAE resident (20%)
AED 322,691
Deposit, non-resident (40%)
AED 645,381
Monthly over 25 years at 3.7%
AED 6,601

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