2-bed · 1,181 sqftPrincess Tower, Dubai Marina · 46th floor · completed 2012

4605, Princess Tower

Sold prices and rental history: sold twice, last in January 2013, and rented once, from December 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4605 · DLD and Ejari recordsUpdated 7 December 2016
Last soldAED 1.67M13 January 2013
Current rentAED 138K /yr7 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4605, Princess Tower

What is 4605 worth today?

Last sold for AED 1,673,453 in 2013

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7 Dec 2016RentedNew contract
AED 138,000/yr12 months · AED 117 per sqft
13 Jan 2013SoldReady
AED 1,673,453AED 1,416 per sqft
28 Dec 2009Sold by developerOff-plan
AED 1,673,452AED 1,416 per sqft

Source: Dubai Land Department. Updated 7 December 2016.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
46th of 96
Parking
P3-35
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.67M · January 2013

About 4605, Princess Tower

4605 is a two-bedroom apartment of 1,181 sqft on the 46th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 13 January 2013 for AED 1,673,453, or AED 1,416 per sqft, 17% above the AED 1,209 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 December 2016. The current contract, signed on 7 December 2016, is AED 138,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4605 over time

Sales
Unit 4605, 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 1,673,452 (AED 1,416 per sqft)Sold, January 2013: AED 1,673,453 (AED 1,416 per sqft)

4605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4605, 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, December 2016: AED 138,000 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 4605 sits

All 298 2-beds →

4605 last sold in January 2013 at AED 1,416 per sqft, 17% above what two-beds in Princess Tower were fetching at the time (AED 1,209). 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. 4605's AED 138,000 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 46th floor

All 763 units in Princess Tower
Value
46012-bedAED 1.3M · Mar 2013
46021-bedAED 1.35M · Apr 2017
46033-bedAED 2.8M · Feb 2013
46042-bedAED 1.8M · May 2013
46063-bedAED 2.59M · Dec 2012
46071-bedAED 860K · Nov 2019
46082-bedAED 1.35M · Dec 2012
1–7 of 9

4605, Princess Tower in numbers

  • Sold twice: first on 28 December 2009 for AED 1,673,452, last on 13 January 2013 for AED 1,673,453 (AED 1,416 per sqft).
  • Rented since December 2016 on one Ejari contract, at AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 19,600 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 7 December 2016.

Questions about 4605, Princess Tower

What did unit 4605 last sell for?

AED 1,673,453 on 13 January 2013: AED 1,416 per sqft for 1,181 sqft. The unit has 2 registered sales; the first was AED 1,673,452 in December 2009.

What is the rent for unit 4605?

AED 138,000 a year on the contract signed on 7 December 2016.

How big is unit 4605?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 46th floor of a 96-storey tower completed in 2012.

What is unit 4605 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 4605, Princess Tower

Starts from the last sale price (AED 1.67M, 13 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,673,453
Deposit, UAE resident (20%)
AED 334,691
Deposit, non-resident (40%)
AED 669,381
Monthly over 25 years at 3.7%
AED 6,847

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