2-bed · 1,181 sqftPrincess Tower, Dubai Marina · 49th floor · completed 2012

4904, Princess Tower

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4904 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 1.97M12 May 2016
Current rentAED 136K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4904, Princess Tower

What is 4904 worth today?

Last sold for AED 1,970,000 in 2016

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5 Dec 2022RentedNew contract
AED 136,000/yr12 months · AED 115 per sqft
6 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
6 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
6 Nov 2018RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
6 Nov 2017RentedRenewal
AED 140,000/yr12 months · AED 118 per sqft
6 Nov 2016RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
12 May 2016SoldReady
AED 1,970,000AED 1,667 per sqft
28 Sep 2015RentedRenewal
AED 145,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
49th of 96
Parking
P3-79
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.97M · May 2016

About 4904, Princess Tower

4904 is a two-bedroom apartment of 1,181 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 12 May 2016 for AED 1,970,000, or AED 1,667 per sqft, 12% above the AED 1,484 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 December 2022, is AED 136,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 19,600 a year.

Sales and rents for 4904 over time

Sales
Unit 4904, 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 1,646,000 (AED 1,393 per sqft)Sold, December 2012: AED 1,646,000 (AED 1,393 per sqft)Sold, May 2016: AED 1,970,000 (AED 1,667 per sqft)

4904 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4904, 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, September 2013: AED 140,000 a yearNew contract, September 2014: AED 140,000 a yearRenewal, September 2015: AED 145,000 a yearNew contract, November 2016: AED 140,000 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 110,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 80,000 a yearNew contract, December 2022: AED 136,000 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 4904 sits

All 298 2-beds →

4904 last sold in May 2016 at AED 1,667 per sqft, 12% above what two-beds in Princess Tower were fetching at the time (AED 1,484). 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. 4904's AED 136,000 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 49th floor

All 763 units in Princess Tower
Value
49012-bedAED 1.31M · Dec 2012
49021-bedAED 970K · Aug 2022
49033-bedAED 3.35M · Dec 2012
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

4904, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 1,646,000, last on 12 May 2016 for AED 1,970,000 (AED 1,667 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2020 and recovered to AED 136,000 by December 2022.
  • At AED 136,000 a year the gross yield on the 2016 price is 6.9%, 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 5 December 2022.

Questions about 4904, Princess Tower

What did unit 4904 last sell for?

AED 1,970,000 on 12 May 2016: AED 1,667 per sqft for 1,181 sqft. The unit has 3 registered sales; the first was AED 1,646,000 in December 2009.

What is the rent for unit 4904?

AED 136,000 a year on the contract signed on 5 December 2022. The previous contract, from November 2020, was AED 80,000; the unit has been rented since September 2013.

How big is unit 4904?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 49th floor of a 96-storey tower completed in 2012.

What is unit 4904 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 4904, Princess Tower

Starts from the last sale price (AED 1.97M, 12 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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