3-bed · 2,006 sqftPrincess Tower, Dubai Marina · 50th floor · completed 2012

5003, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5003 · DLD and Ejari recordsUpdated 28 September 2022
Last soldAED 2.6M28 September 2022
Current rentAED 125K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5003, Princess Tower

What is 5003 worth today?

Last sold for AED 2,600,000 in 2022

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28 Sep 2022SoldReady
AED 2,600,000AED 1,296 per sqft
1 Jan 2020RentedRenewal
AED 125,000/yr12 months · AED 62 per sqft
1 Jan 2019RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft
1 Jun 2017RentedNew contract
AED 171,000/yr12 months · AED 85 per sqft
26 May 2015RentedRenewal
AED 162,750/yr12 months · AED 81 per sqft
26 May 2014RentedNew contract
AED 162,750/yr12 months · AED 81 per sqft
26 May 2013RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
27 Dec 2012SoldReady
AED 6,913,961AED 3,447 per sqft

Source: Dubai Land Department. Updated 28 September 2022.

Key facts

Type
3-bed apartment
Size
2,006 sqft
Floor
50th of 96
Parking
B3-69,B3-70
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,300 /yr
Last sold
AED 2.6M · September 2022

About 5003, Princess Tower

5003 is a three-bedroom apartment of 2,006 sqft on the 50th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 28 September 2022 for AED 2,600,000, or AED 1,296 per sqft, 20% above the AED 1,081 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 125,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 33,300 a year.

Sales and rents for 5003 over time

Sales
Unit 5003, each saleTypical three-bed in Princess Tower
05M2009201420192024Typical sale price by year: 2009 AED 2,975,180; 2010 AED 2,900,936; 2012 AED 2,900,936; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,660,000; 2024 AED 3,105,500; 2025 AED 3,200,000; 2026 AED 3,286,900Sold by developer, December 2009: AED 791,613 (AED 394 per sqft)Sold, December 2012: AED 6,913,961 (AED 3,447 per sqft)Sold, September 2022: AED 2,600,000 (AED 1,296 per sqft)

5003 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5003, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 178,535; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,500; 2022 AED 126,500; 2023 AED 148,748; 2024 AED 175,000; 2025 AED 189,500; 2026 AED 175,500New contract, May 2013: AED 155,000 a yearNew contract, May 2014: AED 162,750 a yearRenewal, May 2015: AED 162,750 a yearNew contract, June 2017: AED 171,000 a yearNew contract, January 2019: AED 135,000 a yearRenewal, January 2020: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Princess Tower, and where 5003 sits

All 149 3-beds →

5003 last sold in September 2022 at AED 1,296 per sqft, 20% above what three-beds in Princess Tower were fetching at the time (AED 1,081). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 5003's AED 125,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20262,300,000
29 Jul 20262,700,000
26 Mar 20262,800,000
11 Mar 20263,300,000
9 3-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 50th floor

All 763 units in Princess Tower
Value
50012-bedAED 1.2M · Dec 2012
50021-bedAED 880K · Dec 2012
50042-bedAED 1.69M · Dec 2012
50052-bedAED 2.1M · Oct 2024
50063-bedAED 2.8M · May 2024
50071-bedAED 792K · Dec 2012
50082-bedAED 1.68M · May 2017
1–7 of 9

5003, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 791,613, last on 28 September 2022 for AED 2,600,000 (AED 1,296 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 155,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 33,300 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 September 2022.

Questions about 5003, Princess Tower

What did unit 5003 last sell for?

AED 2,600,000 on 28 September 2022: AED 1,296 per sqft for 2,006 sqft. The unit has 3 registered sales; the first was AED 791,613 in December 2009.

What is the rent for unit 5003?

AED 125,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2019, was AED 135,000; the unit has been rented since May 2013.

How big is unit 5003?

2,006 sqft (186.4 sqm): a three-bedroom apartment on the 50th floor of a 96-storey tower completed in 2012.

What is unit 5003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 5003, Princess Tower

Starts from the last sale price (AED 2.6M, 28 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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