1-bed · 862 sqftPrincess Tower, Dubai Marina · 40th floor · completed 2012

4009, Princess Tower

Sold prices and rental history: sold 3 times, last in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4009 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 1.28M21 January 2016
Current rentAED 68K /yr12 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4009, Princess Tower

What is 4009 worth today?

Last sold for AED 1,275,000 in 2016

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12 Oct 2023RentedRenewal
AED 68,000/yr12 months · AED 79 per sqft
12 Oct 2022RentedRenewal
AED 60,500/yr12 months · AED 70 per sqft
12 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
12 Oct 2020RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
12 Oct 2019RentedNew contract
AED 64,000/yr12 months · AED 74 per sqft
6 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
18 Aug 2017RentedNew contract
AED 89,519/yr12 months · AED 104 per sqft
18 Mar 2016RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
40th of 96
Parking
B3-23
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,300 /yr
Last sold
AED 1.28M · January 2016

About 4009, Princess Tower

4009 is a one-bedroom apartment of 862 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 21 January 2016 for AED 1,275,000, or AED 1,478 per sqft, in line with the AED 1,464 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 12 October 2023, is AED 68,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 14,300 a year.

Sales and rents for 4009 over time

Sales
Unit 4009, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical 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 by developer, December 2009: AED 937,846 (AED 1,087 per sqft)Sold, December 2012: AED 937,847 (AED 1,087 per sqft)Sold, January 2016: AED 1,275,000 (AED 1,478 per sqft)

4009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4009, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical 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, March 2016: AED 110,000 a yearNew contract, August 2017: AED 89,519 a yearNew contract, September 2018: AED 80,000 a yearNew contract, October 2019: AED 64,000 a yearRenewal, October 2020: AED 55,000 a yearRenewal, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,500 a yearRenewal, October 2023: AED 68,000 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 4009 sits

All 285 1-beds →

4009 last sold in January 2016 at AED 1,478 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,464). 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. 4009's AED 68,000 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 40th floor

All 763 units in Princess Tower
Value
40012-bedAED 1.3M · Aug 2022
40021-bedAED 1.07M · Dec 2012
40033-bedAED 3M · Feb 2016
40042-bedAED 1.49M · Dec 2012
40052-bedAED 1.7M · Apr 2013
40063-bedAED 3M · Jul 2013
40071-bedAED 970K · Mar 2018
1–7 of 9

4009, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 937,846, last on 21 January 2016 for AED 1,275,000 (AED 1,478 per sqft).
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 68,000 by October 2023.
  • At AED 68,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 14,300 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 12 October 2023.

Questions about 4009, Princess Tower

What did unit 4009 last sell for?

AED 1,275,000 on 21 January 2016: AED 1,478 per sqft for 862 sqft. The unit has 3 registered sales; the first was AED 937,846 in December 2009.

What is the rent for unit 4009?

AED 68,000 a year on the contract renewed on 12 October 2023. The previous contract, from October 2022, was AED 60,500; the unit has been rented since March 2016.

How big is unit 4009?

862 sqft (80.1 sqm): a one-bedroom apartment on the 40th floor of a 96-storey tower completed in 2012.

What is unit 4009 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 4009, Princess Tower

Starts from the last sale price (AED 1.28M, 21 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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