3-bed · 2,008 sqftPrincess Tower, Dubai Marina · 34th floor · completed 2012

3406, Princess Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 3.34M12 June 2024
Current rentAED 210K /yr18 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Princess Tower

What is 3406 worth today?

Last sold for AED 3,344,000 in 2024

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12 Jun 2024SoldReady
AED 3,344,000AED 1,665 per sqft
18 Mar 2023RentedNew contract
AED 210,000/yr12 months · AED 104 per sqft
1 Apr 2022RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
29 Mar 2021RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
16 May 2019RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
9 Apr 2013SoldReady
AED 2,900,000AED 1,444 per sqft
24 Oct 2012SoldReady
AED 3,052,095AED 1,520 per sqft
29 Dec 2009Sold by developerOff-plan
AED 3,052,095AED 1,520 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
3-bed apartment
Size
2,008 sqft
Floor
34th of 96
Parking
P4-06,P4-07
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,400 /yr
Last sold
AED 3.34M · June 2024

About 3406, Princess Tower

3406 is a three-bedroom apartment of 2,008 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 12 June 2024 for AED 3,344,000, or AED 1,665 per sqft, 22% above the AED 1,368 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 18 March 2023, is AED 210,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 33,400 a year.

Sales and rents for 3406 over time

Sales
Unit 3406, 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 3,052,095 (AED 1,520 per sqft)Sold, October 2012: AED 3,052,095 (AED 1,520 per sqft)Sold, April 2013: AED 2,900,000 (AED 1,444 per sqft)Sold, June 2024: AED 3,344,000 (AED 1,665 per sqft)

3406 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3406, 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, May 2019: AED 150,000 a yearNew contract, March 2021: AED 130,000 a yearNew contract, April 2022: AED 165,000 a yearNew contract, March 2023: AED 210,000 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 3406 sits

All 149 3-beds →

3406 last sold in June 2024 at AED 1,665 per sqft, 22% above what three-beds in Princess Tower were fetching at the time (AED 1,368). 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. 3406's AED 210,000 is in the upper half 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 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
34052-bedAED 1.61M · Oct 2012
34071-bedAED 855K · Dec 2012
34082-bedAED 1.26M · Jan 2013
1–7 of 9

3406, Princess Tower in numbers

  • Sold 4 times: first on 29 December 2009 for AED 3,052,095, last on 12 June 2024 for AED 3,344,000 (AED 1,665 per sqft).
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 130,000 in 2021 and recovered to AED 210,000 by March 2023.
  • At AED 210,000 a year the gross yield on the 2024 price is 6.3%, 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 12 June 2024.

Questions about 3406, Princess Tower

What did unit 3406 last sell for?

AED 3,344,000 on 12 June 2024: AED 1,665 per sqft for 2,008 sqft. The unit has 4 registered sales; the first was AED 3,052,095 in December 2009.

What is the rent for unit 3406?

AED 210,000 a year on the contract signed on 18 March 2023. The previous contract, from April 2022, was AED 165,000; the unit has been rented since May 2019.

How big is unit 3406?

2,008 sqft (186.5 sqm): a three-bedroom apartment on the 34th floor of a 96-storey tower completed in 2012.

What is unit 3406 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 3406, Princess Tower

Starts from the last sale price (AED 3.34M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,344,000
Deposit, UAE resident (20%)
AED 668,800
Deposit, non-resident (40%)
AED 1,337,600
Monthly over 25 years at 3.7%
AED 13,681

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