2-bed · 1,304 sqftPrincess Tower, Dubai Marina · 47th floor · completed 2012

4701, Princess Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.73M8 August 2024
Current rentAED 108K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Princess Tower

What is 4701 worth today?

Last sold for AED 1,725,000 in 2024

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8 Aug 2024SoldReady
AED 1,725,000AED 1,323 per sqft
15 Jan 2024RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
15 Jan 2024RentedRenewal
AED 108,000/yr12 months · AED 83 per sqft
15 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
28 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
26 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft
1 May 2020RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
20 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
2-bed apartment
Size
1,304 sqft
Floor
47th of 96
Parking
B3-36
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.73M · August 2024

About 4701, Princess Tower

4701 is a two-bedroom apartment of 1,304 sqft on the 47th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 August 2024 for AED 1,725,000, or AED 1,323 per sqft, 17% below the AED 1,597 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 108,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 21,700 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, 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 1,300,778 (AED 997 per sqft)Sold, June 2013: AED 1,300,778 (AED 997 per sqft)Sold, August 2024: AED 1,725,000 (AED 1,323 per sqft)

4701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4701, 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, October 2013: AED 115,000 a yearNew contract, October 2014: AED 115,000 a yearNew contract, November 2017: AED 100,000 a yearNew contract, May 2020: AED 70,000 a yearNew contract, October 2020: AED 55,000 a yearNew contract, November 2021: AED 75,000 a yearNew contract, January 2023: AED 100,000 a yearRenewal, January 2024: AED 108,000 a yearRenewal, January 2024: AED 108,000 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 4701 sits

All 298 2-beds →

4701 last sold in August 2024 at AED 1,323 per sqft, 17% below what two-beds in Princess Tower were fetching at the time (AED 1,597). 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. 4701's AED 108,000 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 47th floor

All 763 units in Princess Tower
Value
47021-bedAED 993K · Dec 2012
47033-bedAED 2.53M · Jun 2023
47042-bedAED 1.95M · Nov 2023
47052-bedAED 1.68M · Dec 2012
47063-bedAED 2.95M · Aug 2025
47071-bedAED 894K · Dec 2012
47082-bedAED 2.6M · Sep 2025
1–7 of 9

4701, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 1,300,778, last on 8 August 2024 for AED 1,725,000 (AED 1,323 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2020 and recovered to AED 108,000 by January 2024.
  • At AED 108,000 a year the gross yield on the 2024 price is 6.3%, 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 8 August 2024.

Questions about 4701, Princess Tower

What did unit 4701 last sell for?

AED 1,725,000 on 8 August 2024: AED 1,323 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 1,300,778 in December 2009.

What is the rent for unit 4701?

AED 108,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2024, was AED 108,000; the unit has been rented since October 2013.

How big is unit 4701?

1,304 sqft (121.1 sqm): a two-bedroom apartment on the 47th floor of a 96-storey tower completed in 2012.

What is unit 4701 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 4701, Princess Tower

Starts from the last sale price (AED 1.73M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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