1-bed · 862 sqftPrincess Tower, Dubai Marina · 50th floor · completed 2012

5009, Princess Tower

Sold prices and rental history: sold twice, last in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5009 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 1.05M20 February 2013
Current rentAED 72K /yr17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5009, Princess Tower

What is 5009 worth today?

Last sold for AED 1,050,000 in 2013

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17 Sep 2024RentedRenewal
AED 72,000/yr12 months · AED 84 per sqft
17 Sep 2024RentedRenewal
AED 72,000/yr12 months · AED 84 per sqft
17 Sep 2023RentedNew contract
AED 66,000/yr12 months · AED 77 per sqft
19 Sep 2022RentedNew contract
AED 73,000/yr12 months · AED 85 per sqft
22 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
1 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 50 per sqft
1 Aug 2019RentedNew contract
AED 57,000/yr14 months · AED 66 per sqft
1 Nov 2015RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
50th of 96
Parking
B3-17
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,300 /yr
Last sold
AED 1.05M · February 2013

About 5009, Princess Tower

5009 is a one-bedroom apartment of 862 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 20 February 2013 for AED 1,050,000, or AED 1,217 per sqft, 15% above the AED 1,062 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 17 September 2024, is AED 72,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for 5009 over time

Sales
Unit 5009, 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, November 2012: AED 1,050,000 (AED 1,217 per sqft)Sold, February 2013: AED 1,050,000 (AED 1,217 per sqft)

5009 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5009, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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, November 2015: AED 90,000 a yearNew contract, August 2019: AED 57,000 a yearNew contract, November 2020: AED 43,000 a yearNew contract, November 2021: AED 60,000 a yearNew contract, September 2022: AED 73,000 a yearNew contract, September 2023: AED 66,000 a yearRenewal, September 2024: AED 72,000 a yearRenewal, September 2024: AED 72,000 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 5009 sits

All 285 1-beds →

5009 last sold in February 2013 at AED 1,217 per sqft, 15% above what one-beds in Princess Tower were fetching at the time (AED 1,062). 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. 5009's AED 72,000 is in the lower half 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 50th floor

All 763 units in Princess Tower
Value
50012-bedAED 1.2M · Dec 2012
50021-bedAED 880K · Dec 2012
50033-bedAED 2.6M · Sep 2022
50042-bedAED 1.69M · Dec 2012
50052-bedAED 2.1M · Oct 2024
50063-bedAED 2.8M · May 2024
50071-bedAED 792K · Dec 2012
1–7 of 9

5009, Princess Tower in numbers

  • Sold twice: first on 4 November 2012 for AED 1,050,000, last on 20 February 2013 for AED 1,050,000 (AED 1,217 per sqft).
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 43,000 in 2020 and recovered to AED 72,000 by September 2024.
  • At AED 72,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 14,300 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 September 2024.

Questions about 5009, Princess Tower

What did unit 5009 last sell for?

AED 1,050,000 on 20 February 2013: AED 1,217 per sqft for 862 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in November 2012.

What is the rent for unit 5009?

AED 72,000 a year on the contract renewed on 17 September 2024. The previous contract, from September 2024, was AED 72,000; the unit has been rented since November 2015.

How big is unit 5009?

862 sqft (80.1 sqm): a one-bedroom apartment on the 50th floor of a 96-storey tower completed in 2012.

What is unit 5009 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 5009, Princess Tower

Starts from the last sale price (AED 1.05M, 20 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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