3-bed · 2,008 sqftPrincess Tower, Dubai Marina · 40th floor · completed 2012

4003, Princess Tower

Sold prices and rental history: sold 4 times, last in February 2016, and rented once, from May 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 4 May 2016
Last soldAED 3M15 February 2016
Current rentAED 180K /yr4 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Princess Tower

What is 4003 worth today?

Last sold for AED 3,000,000 in 2016

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4 May 2016RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
15 Feb 2016SoldReady
AED 3,000,000AED 1,494 per sqft
9 Jan 2014SoldReady
AED 3,200,000AED 1,593 per sqft
8 Jan 2014SoldReady
AED 3,305,792AED 1,646 per sqft
28 Dec 2009Sold by developerOff-plan
AED 3,305,792AED 1,646 per sqft

Source: Dubai Land Department. Updated 4 May 2016.

Key facts

Type
3-bed apartment
Size
2,008 sqft
Floor
40th of 96
Parking
B3-18,B3-19
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,400 /yr
Last sold
AED 3M · February 2016

About 4003, Princess Tower

4003 is a three-bedroom apartment of 2,008 sqft on the 40th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 15 February 2016 for AED 3,000,000, or AED 1,494 per sqft, in line with the AED 1,486 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 May 2016. The current contract, signed on 4 May 2016, is AED 180,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 33,400 a year.

Sales and rents for 4003 over time

Sales
Unit 4003, 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 3,305,792 (AED 1,646 per sqft)Sold, January 2014: AED 3,200,000 (AED 1,593 per sqft)Sold, January 2014: AED 3,305,792 (AED 1,646 per sqft)Sold, February 2016: AED 3,000,000 (AED 1,494 per sqft)

4003 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4003, 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 2016: AED 180,000 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 4003 sits

All 149 3-beds →

4003 last sold in February 2016 at AED 1,494 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,486). 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. 4003's AED 180,000 is in the lower 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 40th floor

All 763 units in Princess Tower
Value
40012-bedAED 1.3M · Aug 2022
40021-bedAED 1.07M · Dec 2012
40042-bedAED 1.49M · Dec 2012
40052-bedAED 1.7M · Apr 2013
40063-bedAED 3M · Jul 2013
40071-bedAED 970K · Mar 2018
40082-bedAED 1.2M · Oct 2020
1–7 of 9

4003, Princess Tower in numbers

  • Sold 4 times: first on 28 December 2009 for AED 3,305,792, last on 15 February 2016 for AED 3,000,000 (AED 1,494 per sqft).
  • Rented since May 2016 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2016 price is 6.0%, 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 4 May 2016.

Questions about 4003, Princess Tower

What did unit 4003 last sell for?

AED 3,000,000 on 15 February 2016: AED 1,494 per sqft for 2,008 sqft. The unit has 4 registered sales; the first was AED 3,305,792 in December 2009.

What is the rent for unit 4003?

AED 180,000 a year on the contract signed on 4 May 2016.

How big is unit 4003?

2,008 sqft (186.5 sqm): a three-bedroom apartment on the 40th floor of a 96-storey tower completed in 2012.

What is unit 4003 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 4003, Princess Tower

Starts from the last sale price (AED 3M, 15 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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