1-bed · 923 sqftPrincess Tower, Dubai Marina · 49th floor · completed 2012

4902, Princess Tower

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4902 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 970K17 August 2022
Current rentAED 56K /yr15 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4902, Princess Tower

What is 4902 worth today?

Last sold for AED 970,000 in 2022

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17 Aug 2022SoldReady
AED 970,000AED 1,051 per sqft
15 Jun 2021RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
3 May 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
4 Aug 2018RentedNew contract
AED 76,000/yr12 months · AED 82 per sqft
24 Mar 2017RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
17 Jun 2015SoldReady
AED 680,000AED 737 per sqft
20 Apr 2014RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
20 Apr 2013RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
49th of 96
Parking
P3-63
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 970K · August 2022

About 4902, Princess Tower

4902 is a one-bedroom apartment of 923 sqft on the 49th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 August 2022 for AED 970,000, or AED 1,051 per sqft, 7% above the AED 981 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 June 2021, is AED 56,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 15,300 a year.

Sales and rents for 4902 over time

Sales
Unit 4902, 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, December 2009: AED 1,099,180 (AED 1,191 per sqft)Sold, October 2012: AED 1,099,180 (AED 1,191 per sqft)Sold, June 2015: AED 680,000 (AED 737 per sqft)Sold, August 2022: AED 970,000 (AED 1,051 per sqft)

4902 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4902, each contractTypical one-bed in Princess Tower
60K80K100K2012201620202024Typical 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, April 2013: AED 80,000 a yearNew contract, April 2014: AED 85,000 a yearNew contract, March 2017: AED 90,000 a yearNew contract, August 2018: AED 76,000 a yearNew contract, May 2019: AED 70,000 a yearNew contract, June 2021: AED 56,000 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 4902 sits

All 285 1-beds →

4902 last sold in August 2022 at AED 1,051 per sqft, 7% above what one-beds in Princess Tower were fetching at the time (AED 981). 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. 4902's AED 56,000 is at the bottom 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 49th floor

All 763 units in Princess Tower
Value
49012-bedAED 1.31M · Dec 2012
49033-bedAED 3.35M · Dec 2012
49042-bedAED 1.97M · May 2016
49052-bedAED 2.6M · May 2014
49063-bedAED 3.2M · Mar 2014
49071-bedAED 1.01M · Jun 2022
49082-bedAED 1.1M · Jun 2021
1–7 of 9

4902, Princess Tower in numbers

  • Sold 4 times: first on 28 December 2009 for AED 1,099,180, last on 17 August 2022 for AED 970,000 (AED 1,051 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 80,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 5.8%, 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 17 August 2022.

Questions about 4902, Princess Tower

What did unit 4902 last sell for?

AED 970,000 on 17 August 2022: AED 1,051 per sqft for 923 sqft. The unit has 4 registered sales; the first was AED 1,099,180 in December 2009.

What is the rent for unit 4902?

AED 56,000 a year on the contract signed on 15 June 2021. The previous contract, from May 2019, was AED 70,000; the unit has been rented since April 2013.

How big is unit 4902?

923 sqft (85.7 sqm): a one-bedroom apartment on the 49th floor of a 96-storey tower completed in 2012.

What is unit 4902 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 4902, Princess Tower

Starts from the last sale price (AED 970K, 17 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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