1-bed · 923 sqftPrincess Tower, Dubai Marina · 45th floor · completed 2012

4502, Princess Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1.45M9 October 2024
Current rentAED 73K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Princess Tower

What is 4502 worth today?

Last sold for AED 1,450,000 in 2024

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9 Oct 2024SoldReady
AED 1,450,000AED 1,571 per sqft
15 Aug 2022RentedNew contract
AED 73,000/yr12 months · AED 79 per sqft
23 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
15 Jun 2020RentedNew contract
AED 60,000/yr14 months · AED 65 per sqft
1 Dec 2019RentedNew contract
AED 84,999/yr4 months · AED 92 per sqft
2 May 2017SoldReady
AED 1,285,000AED 1,392 per sqft
1 Dec 2016RentedRenewal
AED 95,000/yr12 months · AED 103 per sqft
1 Dec 2015RentedRenewal
AED 95,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
45th of 96
Parking
P3-56
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.45M · October 2024

About 4502, Princess Tower

4502 is a one-bedroom apartment of 923 sqft on the 45th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 9 October 2024 for AED 1,450,000, or AED 1,571 per sqft, in line with the AED 1,543 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 August 2022, is AED 73,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, 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, March 2012: AED 995,000 (AED 1,078 per sqft)Sold, October 2012: AED 995,000 (AED 1,078 per sqft)Sold, May 2017: AED 1,285,000 (AED 1,392 per sqft)Sold, October 2024: AED 1,450,000 (AED 1,571 per sqft)

4502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4502, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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, December 2013: AED 100,000 a yearRenewal, December 2014: AED 100,000 a yearRenewal, December 2015: AED 95,000 a yearRenewal, December 2016: AED 95,000 a yearNew contract, December 2019: AED 84,999 a yearNew contract, June 2020: AED 60,000 a yearNew contract, July 2021: AED 50,000 a yearNew contract, August 2022: AED 73,000 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 4502 sits

All 285 1-beds →

4502 last sold in October 2024 at AED 1,571 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,543). 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. 4502's AED 73,000 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 45th floor

All 763 units in Princess Tower
Value
45012-bedAED 1.6M · Jan 2013
45033-bedAED 2.67M · Jan 2013
45042-bedAED 2.5M · Jan 2024
45052-bedAED 2.1M · Apr 2026
45063-bedAED 2.7M · Jul 2026
45071-bedAED 575K · Sep 2018
45082-bedAED 2.2M · Aug 2014
1–7 of 9

4502, Princess Tower in numbers

  • Sold 4 times: first on 25 March 2012 for AED 995,000, last on 9 October 2024 for AED 1,450,000 (AED 1,571 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2021 and recovered to AED 73,000 by August 2022.
  • At AED 73,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 15,300 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 9 October 2024.

Questions about 4502, Princess Tower

What did unit 4502 last sell for?

AED 1,450,000 on 9 October 2024: AED 1,571 per sqft for 923 sqft. The unit has 4 registered sales; the first was AED 995,000 in March 2012.

What is the rent for unit 4502?

AED 73,000 a year on the contract signed on 15 August 2022. The previous contract, from July 2021, was AED 50,000; the unit has been rented since December 2013.

How big is unit 4502?

923 sqft (85.7 sqm): a one-bedroom apartment on the 45th floor of a 96-storey tower completed in 2012.

What is unit 4502 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 4502, Princess Tower

Starts from the last sale price (AED 1.45M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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