2-bed · 1,184 sqftPrincess Tower, Dubai Marina · 37th floor · completed 2012

3704, Princess Tower

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 15 July 2023
Last soldAED 1.05M27 July 2020
Current rentAED 130K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, Princess Tower

What is 3704 worth today?

Last sold for AED 1,050,000 in 2020

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15 Jul 2023RentedNew contract
AED 130,000/yr24 months · AED 110 per sqft
1 Jul 2022RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
27 Jul 2020SoldReady
AED 1,050,000AED 887 per sqft
30 Mar 2019RentedNew contract
AED 93,000/yr12 months · AED 79 per sqft
26 Jan 2018RentedNew contract
AED 118,000/yr12 months · AED 100 per sqft
5 Jan 2017RentedNew contract
AED 133,000/yr12 months · AED 112 per sqft
14 Sep 2014RentedNew contract
AED 132,000/yr12 months · AED 111 per sqft
27 Dec 2012SoldReady
AED 1,511,309AED 1,276 per sqft

Source: Dubai Land Department. Updated 15 July 2023.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
37th of 96
Parking
B3-38
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 1.05M · July 2020

About 3704, Princess Tower

3704 is a two-bedroom apartment of 1,184 sqft on the 37th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 July 2020 for AED 1,050,000, or AED 887 per sqft, in line with the AED 891 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 July 2023, is AED 130,000 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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 1,511,309 (AED 1,276 per sqft)Sold, December 2012: AED 1,511,309 (AED 1,276 per sqft)Sold, July 2020: AED 1,050,000 (AED 887 per sqft)

3704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, 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, September 2014: AED 132,000 a yearNew contract, January 2017: AED 133,000 a yearNew contract, January 2018: AED 118,000 a yearNew contract, March 2019: AED 93,000 a yearNew contract, July 2022: AED 110,000 a yearNew contract, July 2023: AED 130,000 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 3704 sits

All 298 2-beds →

3704 last sold in July 2020 at AED 887 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 891). 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. 3704's AED 130,000 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 37th floor

All 763 units in Princess Tower
Value
37012-bedAED 2.03M · Dec 2012
37021-bedAED 960K · Aug 2022
37033-bedAED 2.7M · Oct 2024
37052-bedAED 2M · Oct 2016
37063-bedAED 1.53M · Oct 2020
37071-bedAED 964K · Dec 2012
37082-bedAED 1.27M · Oct 2012
1–7 of 9

3704, Princess Tower in numbers

  • Sold 3 times: first on 29 December 2009 for AED 1,511,309, last on 27 July 2020 for AED 1,050,000 (AED 887 per sqft).
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 132,000 to AED 93,000 in 2019 and recovered to AED 130,000 by July 2023.
  • At AED 130,000 a year the gross yield on the 2020 price is 12.4%, 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 July 2023.

Questions about 3704, Princess Tower

What did unit 3704 last sell for?

AED 1,050,000 on 27 July 2020: AED 887 per sqft for 1,184 sqft. The unit has 3 registered sales; the first was AED 1,511,309 in December 2009.

What is the rent for unit 3704?

AED 130,000 a year on the contract signed on 15 July 2023. The previous contract, from July 2022, was AED 110,000; the unit has been rented since September 2014.

How big is unit 3704?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 37th floor of a 96-storey tower completed in 2012.

What is unit 3704 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 3704, Princess Tower

Starts from the last sale price (AED 1.05M, 27 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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