2-bed · 1,305 sqftPrincess Tower, Dubai Marina · 42nd floor · completed 2012

4201, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4201 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.19M9 September 2018
Current rentAED 130K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4201, Princess Tower

What is 4201 worth today?

Last sold for AED 1,185,000 in 2018

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1 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
1 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
13 Nov 2023RentedNew contract
AED 133,500/yr12 months · AED 102 per sqft
6 Nov 2022RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
6 Nov 2021RentedRenewal
AED 67,000/yr12 months · AED 51 per sqft
6 Nov 2020RentedNew contract
AED 58,000/yr12 months · AED 45 per sqft
1 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
9 Sep 2018SoldReady
AED 1,185,000AED 908 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
42nd of 96
Parking
B3-34
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.19M · September 2018

About 4201, Princess Tower

4201 is a two-bedroom apartment of 1,305 sqft on the 42nd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 9 September 2018 for AED 1,185,000, or AED 908 per sqft, 26% below the AED 1,228 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 September 2024, is AED 130,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 21,700 a year.

Sales and rents for 4201 over time

Sales
Unit 4201, 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 2,053,013 (AED 1,573 per sqft)Sold, December 2012: AED 2,053,013 (AED 1,573 per sqft)Sold, September 2018: AED 1,185,000 (AED 908 per sqft)

4201 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4201, each contractTypical two-bed in Princess Tower
50K100K150K2012201620202024Typical 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, December 2013: AED 120,000 a yearNew contract, December 2014: AED 126,000 a yearRenewal, December 2015: AED 130,000 a yearNew contract, November 2018: AED 95,000 a yearNew contract, November 2020: AED 58,000 a yearRenewal, November 2021: AED 67,000 a yearRenewal, November 2022: AED 80,000 a yearNew contract, November 2023: AED 133,500 a yearNew contract, September 2024: AED 130,000 a yearNew contract, September 2024: 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 4201 sits

All 298 2-beds →

4201 last sold in September 2018 at AED 908 per sqft, 26% below what two-beds in Princess Tower were fetching at the time (AED 1,228). 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. 4201'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 42nd floor

All 763 units in Princess Tower
Value
42021-bedAED 1.23M · Jan 2016
42033-bedAED 2.7M · Nov 2012
42042-bedAED 1.35M · Jul 2013
42052-bedAED 1.15M · Dec 2020
42063-bedAED 3.55M · Feb 2014
42071-bedAED 1.32M · Dec 2012
42082-bedAED 1.35M · Dec 2012
1–7 of 9

4201, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 2,053,013, last on 9 September 2018 for AED 1,185,000 (AED 908 per sqft).
  • Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 58,000 in 2020 and recovered to AED 130,000 by September 2024.
  • At AED 130,000 a year the gross yield on the 2018 price is 11.0%, before a service charge of about AED 21,700 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 1 September 2024.

Questions about 4201, Princess Tower

What did unit 4201 last sell for?

AED 1,185,000 on 9 September 2018: AED 908 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 2,053,013 in December 2009.

What is the rent for unit 4201?

AED 130,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 130,000; the unit has been rented since December 2013.

How big is unit 4201?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 42nd floor of a 96-storey tower completed in 2012.

What is unit 4201 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 4201, Princess Tower

Starts from the last sale price (AED 1.19M, 9 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,000
Deposit, UAE resident (20%)
AED 237,000
Deposit, non-resident (40%)
AED 474,000
Monthly over 25 years at 3.7%
AED 4,848

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