2-bed · 1,181 sqftPrincess Tower, Dubai Marina · 48th floor · completed 2012

4804, Princess Tower

Sold prices and rental history: sold 5 times, last in August 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4804 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1.53M2 August 2018
Current rentAED 160K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4804, Princess Tower

What is 4804 worth today?

Last sold for AED 1,530,000 in 2018

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2 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 135 per sqft
2 Oct 2024RentedNew contract
AED 160,000/yr12 months · AED 135 per sqft
2 Aug 2018SoldReady
AED 1,530,000AED 1,295 per sqft
30 Jun 2016RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
25 Nov 2013RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
24 Apr 2013SoldReady
AED 2,000,000AED 1,692 per sqft
9 Apr 2013SoldReady
AED 1,650,000AED 1,396 per sqft
25 Apr 2011SoldOff-plan
AED 1,650,000AED 1,396 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
48th of 96
Parking
P3-06
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.53M · August 2018

About 4804, Princess Tower

4804 is a two-bedroom apartment of 1,181 sqft on the 48th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 2 August 2018 for AED 1,530,000, or AED 1,295 per sqft, 5% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 2 October 2024, is AED 160,000 a year: a gross yield of 10.5% on the 2018 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4804 over time

Sales
Unit 4804, 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, April 2011: AED 1,650,000 (AED 1,396 per sqft)Sold by developer, April 2011: AED 1,470,000 (AED 1,244 per sqft)Sold, April 2013: AED 2,000,000 (AED 1,692 per sqft)Sold, April 2013: AED 1,650,000 (AED 1,396 per sqft)Sold, August 2018: AED 1,530,000 (AED 1,295 per sqft)

4804 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4804, 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, November 2013: AED 150,000 a yearNew contract, June 2016: AED 125,000 a yearNew contract, October 2024: AED 160,000 a yearNew contract, October 2024: AED 160,000 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 4804 sits

All 298 2-beds →

4804 last sold in August 2018 at AED 1,295 per sqft, 5% above what two-beds in Princess Tower were fetching at the time (AED 1,239). 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. 4804's AED 160,000 is in the upper 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 48th floor

All 763 units in Princess Tower
Value
48012-bedAED 1.21M · Dec 2012
48021-bedAED 1.3M · Oct 2016
48033-bedAED 2.7M · Apr 2013
48052-bedAED 1.1M · Jul 2021
48063-bedAED 2.47M · Oct 2012
48071-bedAED 563K · Mar 2018
48082-bedAED 1.21M · Dec 2012
1–7 of 9

4804, Princess Tower in numbers

  • Sold 5 times: first on 19 April 2011 for AED 1,470,000, last on 2 August 2018 for AED 1,530,000 (AED 1,295 per sqft).
  • Rented since November 2013 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2016 and recovered to AED 160,000 by October 2024.
  • At AED 160,000 a year the gross yield on the 2018 price is 10.5%, 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 2 October 2024.

Questions about 4804, Princess Tower

What did unit 4804 last sell for?

AED 1,530,000 on 2 August 2018: AED 1,295 per sqft for 1,181 sqft. The unit has 5 registered sales; the first was AED 1,470,000 in April 2011.

What is the rent for unit 4804?

AED 160,000 a year on the contract signed on 2 October 2024. The previous contract, from October 2024, was AED 160,000; the unit has been rented since November 2013.

How big is unit 4804?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 48th floor of a 96-storey tower completed in 2012.

What is unit 4804 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 4804, Princess Tower

Starts from the last sale price (AED 1.53M, 2 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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