5008, Princess Tower
Sold prices and rental history: sold twice, last in May 2017, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5008, Princess Tower
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Source: Dubai Land Department. Updated 11 May 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,302 sqft
- Floor
- 50th of 96
- Parking
- P3-32
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.68M · May 2017
- Building
- Princess Tower
About 5008, Princess Tower
5008 is a two-bedroom apartment of 1,302 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 11 May 2017 for AED 1,675,000, or AED 1,286 per sqft, in line with the AED 1,307 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 June 2016. The current contract, signed on 10 June 2016, is AED 125,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5008 over time
5008 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5008 sits
All 298 2-beds →5008 last sold in May 2017 at AED 1,286 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 1,307). 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. 5008's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
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 | |
| 5006 | 3-bed | 2,006 sqft | AED 2.8MAED 2,800,000 · May 2024May 2024 | 148,995 /yr | |
| 5007 | 1-bed | 923 sqft | AED 792KAED 791,613 · Dec 2012December 2012 | 85,000 /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 |
5008, Princess Tower in numbers
- Sold twice: first on 20 December 2012 for AED 1,170,000, last on 11 May 2017 for AED 1,675,000 (AED 1,286 per sqft).
- Rented since June 2016 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 21,600 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 11 May 2017.
Questions about 5008, Princess Tower
What did unit 5008 last sell for?
AED 1,675,000 on 11 May 2017: AED 1,286 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 1,170,000 in December 2012.
What is the rent for unit 5008?
AED 125,000 a year on the contract signed on 10 June 2016.
How big is unit 5008?
1,302 sqft (121.0 sqm): a two-bedroom apartment on the 50th floor of a 96-storey tower completed in 2012.
What is unit 5008 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 5008, Princess Tower
Starts from the last sale price (AED 1.68M, 11 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,675,000
- Deposit, UAE resident (20%)
- AED 335,000
- Deposit, non-resident (40%)
- AED 670,000
- Monthly over 25 years at 3.7%
- AED 6,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →