1-bed · 923 sqftPrincess Tower, Dubai Marina · 48th floor · completed 2012

4807, Princess Tower

Sold prices and rental history: sold 4 times, last in March 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4807 · DLD and Ejari recordsUpdated 28 March 2018
Last soldAED 563K28 March 2018
Current rentAED 105K /yr27 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4807, Princess Tower

What is 4807 worth today?

Last sold for AED 562,500 in 2018

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28 Mar 2018SoldReady
AED 562,500AED 609 per sqft
27 Jun 2017RentedRenewal
AED 105,000/yr12 months · AED 113 per sqft
27 Jun 2016RentedNew contract
AED 105,000/yr12 months · AED 113 per sqft
27 Jun 2015RentedNew contract
AED 105,000/yr12 months · AED 113 per sqft
2 May 2014RentedNew contract
AED 89,250/yr12 months · AED 96 per sqft
23 Apr 2013SoldReady
AED 980,000AED 1,062 per sqft
20 Dec 2012SoldReady
AED 837,000AED 907 per sqft
28 Dec 2009Sold by developerOff-plan
AED 837,000AED 907 per sqft

Source: Dubai Land Department. Updated 28 March 2018.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
48th of 96
Parking
P3-43
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 563K · March 2018

About 4807, Princess Tower

4807 is a one-bedroom apartment of 923 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 28 March 2018 for AED 562,500, or AED 609 per sqft, 58% below the AED 1,449 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 27 June 2017, is AED 105,000 a year: a gross yield of 18.7% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 4807 over time

Sales
Unit 4807, each saleTypical one-bed in Princess Tower
500K1M1.5M2009201420192024Typical 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, December 2009: AED 837,000 (AED 907 per sqft)Sold, December 2012: AED 837,000 (AED 907 per sqft)Sold, April 2013: AED 980,000 (AED 1,062 per sqft)Sold, March 2018: AED 562,500 (AED 609 per sqft)

4807 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4807, 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, May 2014: AED 89,250 a yearNew contract, June 2015: AED 105,000 a yearNew contract, June 2016: AED 105,000 a yearRenewal, June 2017: AED 105,000 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 4807 sits

All 285 1-beds →

4807 last sold in March 2018 at AED 609 per sqft, 58% below what one-beds in Princess Tower were fetching at the time (AED 1,449). 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. 4807's AED 105,000 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 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
48042-bedAED 1.53M · Aug 2018
48052-bedAED 1.1M · Jul 2021
48063-bedAED 2.47M · Oct 2012
48082-bedAED 1.21M · Dec 2012
1–7 of 9

4807, Princess Tower in numbers

  • Sold 4 times: first on 28 December 2009 for AED 837,000, last on 28 March 2018 for AED 562,500 (AED 609 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 89,250 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 18.7%, 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 28 March 2018.

Questions about 4807, Princess Tower

What did unit 4807 last sell for?

AED 562,500 on 28 March 2018: AED 609 per sqft for 923 sqft. The unit has 4 registered sales; the first was AED 837,000 in December 2009.

What is the rent for unit 4807?

AED 105,000 a year on the contract renewed on 27 June 2017. The previous contract, from June 2016, was AED 105,000; the unit has been rented since May 2014.

How big is unit 4807?

923 sqft (85.7 sqm): a one-bedroom apartment on the 48th floor of a 96-storey tower completed in 2012.

What is unit 4807 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 4807, Princess Tower

Starts from the last sale price (AED 563K, 28 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 562,500
Deposit, UAE resident (20%)
AED 112,500
Deposit, non-resident (40%)
AED 225,000
Monthly over 25 years at 3.7%
AED 2,301

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