2-bed · 1,305 sqftPrincess Tower, Dubai Marina · 43rd floor · completed 2012

4308, Princess Tower

Sold prices and rental history: sold 3 times, last in August 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4308 · DLD and Ejari recordsUpdated 22 August 2019
Last soldAED 1.05M22 August 2019
Current rentAED 100K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4308, Princess Tower

What is 4308 worth today?

Last sold for AED 1,050,000 in 2019

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22 Aug 2019SoldReady
AED 1,050,000AED 804 per sqft
1 May 2018RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
1 May 2017RentedRenewal
AED 141,750/yr12 months · AED 109 per sqft
1 May 2016RentedRenewal
AED 141,750/yr12 months · AED 109 per sqft
1 May 2015RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
8 Aug 2014RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
11 Oct 2012SoldReady
AED 1,288,777AED 987 per sqft
28 Dec 2009Sold by developerOff-plan
AED 1,288,777AED 987 per sqft

Source: Dubai Land Department. Updated 22 August 2019.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
43rd of 96
Parking
B3-32
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.05M · August 2019

About 4308, Princess Tower

4308 is a two-bedroom apartment of 1,305 sqft on the 43rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 22 August 2019 for AED 1,050,000, or AED 804 per sqft, 15% below the AED 951 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 May 2018, is AED 100,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 21,700 a year.

Sales and rents for 4308 over time

Sales
Unit 4308, 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 1,288,777 (AED 987 per sqft)Sold, October 2012: AED 1,288,777 (AED 987 per sqft)Sold, August 2019: AED 1,050,000 (AED 804 per sqft)

4308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4308, 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, August 2014: AED 120,000 a yearNew contract, May 2015: AED 135,000 a yearRenewal, May 2016: AED 141,750 a yearRenewal, May 2017: AED 141,750 a yearNew contract, May 2018: AED 100,000 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 4308 sits

All 298 2-beds →

4308 last sold in August 2019 at AED 804 per sqft, 15% below what two-beds in Princess Tower were fetching at the time (AED 951). 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. 4308's AED 100,000 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 43rd floor

All 763 units in Princess Tower
Value
43012-bedAED 1.29M · Dec 2012
43021-bedAED 1.27M · Aug 2017
43033-bedAED 2.71M · Oct 2012
43042-bedAED 1.47M · Apr 2019
43052-bedAED 1.63M · Oct 2012
43063-bedAED 3.2M · Jul 2025
43071-bedAED 873K · Dec 2012
1–7 of 9

4308, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 1,288,777, last on 22 August 2019 for AED 1,050,000 (AED 804 per sqft).
  • Rented since August 2014 on 5 Ejari contracts, from AED 120,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 9.5%, 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 22 August 2019.

Questions about 4308, Princess Tower

What did unit 4308 last sell for?

AED 1,050,000 on 22 August 2019: AED 804 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,288,777 in December 2009.

What is the rent for unit 4308?

AED 100,000 a year on the contract signed on 1 May 2018. The previous contract, from May 2017, was AED 141,750; the unit has been rented since August 2014.

How big is unit 4308?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 43rd floor of a 96-storey tower completed in 2012.

What is unit 4308 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 4308, Princess Tower

Starts from the last sale price (AED 1.05M, 22 August 2019). 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 →