5006, Princess Tower
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5006, Princess Tower
What is 5006 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,006 sqft
- Floor
- 50th of 96
- Parking
- P3-58,P3-59
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 33,300 /yr
- Last sold
- AED 2.8M · May 2024
- Building
- Princess Tower
About 5006, Princess Tower
5006 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 16 May 2024 for AED 2,800,000, or AED 1,395 per sqft, 4% above the AED 1,340 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 29 November 2023, is AED 148,995 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 33,300 a year.
Sales and rents for 5006 over time
5006 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 5006 sits
All 149 3-beds →5006 last sold in May 2024 at AED 1,395 per sqft, 4% above what three-beds in Princess Tower were fetching at the time (AED 1,340). 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. 5006's AED 148,995 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,014 sqft | 2,300,000 | 1,142 | ||
| 29 Jul 202629 July 2026 | 2,006 sqft | 2,700,000 | 1,345 | ||
| 26 Mar 202626 March 2026 | 2,019 sqft | 2,800,000 | 1,387 | ||
| 11 Mar 202611 March 2026 | 1,998 sqft | 3,300,000 | 1,651 |
Princess Tower
Building763 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%
Other units on the 50th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,302 sqft | AED 1.2MAED 1,200,000 · Dec 2012December 2012 | 130,000 /yr | |
| 5002 | 1-bed | 923 sqft | AED 880KAED 879,704 · Dec 2012December 2012 | 67,000 /yr | |
| 5003 | 3-bed | 2,006 sqft | AED 2.6MAED 2,600,000 · Sep 2022September 2022 | 125,000 /yr | |
| 5004 | 2-bed | 1,180 sqft | AED 1.69MAED 1,693,452 · Dec 2012December 2012 | ||
| 5005 | 2-bed | 1,180 sqft | AED 2.1MAED 2,104,000 · Oct 2024October 2024 | 145,000 /yr | |
| 5007 | 1-bed | 923 sqft | AED 792KAED 791,613 · Dec 2012December 2012 | 85,000 /yr | |
| 5008 | 2-bed | 1,302 sqft | AED 1.68MAED 1,675,000 · May 2017May 2017 | 125,000 /yr | |
| 5009 | 1-bed | 862 sqft | AED 1.05MAED 1,050,000 · Feb 2013February 2013 | 72,000 /yr | |
| 5010 | 1-bed | 862 sqft | AED 1.05MAED 1,050,000 · Dec 2012December 2012 | 65,000 /yr |
5006, Princess Tower in numbers
- Sold 4 times: first on 23 December 2009 for AED 2,448,594, last on 16 May 2024 for AED 2,800,000 (AED 1,395 per sqft).
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2020 and recovered to AED 148,995 by November 2023.
- At AED 148,995 a year the gross yield on the 2024 price is 5.3%, 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 16 May 2024.
Questions about 5006, Princess Tower
What did unit 5006 last sell for?
AED 2,800,000 on 16 May 2024: AED 1,395 per sqft for 2,006 sqft. The unit has 4 registered sales; the first was AED 2,448,594 in December 2009.
What is the rent for unit 5006?
AED 148,995 a year on the contract renewed on 29 November 2023. The previous contract, from November 2022, was AED 138,600; the unit has been rented since March 2013.
How big is unit 5006?
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 5006 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 5006, Princess Tower
Starts from the last sale price (AED 2.8M, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →