1-bed · 1,599 sqftPrincess Tower, Dubai Marina · 5th floor · completed 2012

502, Princess Tower

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 1.38M2 June 2023
Current rentAED 110K /yr22 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Princess Tower

What is 502 worth today?

Last sold for AED 1,375,000 in 2023

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22 Jul 2025RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
22 Jul 2025RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
2 Jun 2023SoldReady
AED 1,375,000AED 860 per sqft
2 Nov 2021RentedRenewal
AED 63,000/yr12 months · AED 39 per sqft
2 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 37 per sqft
21 Mar 2019RentedNew contract
AED 74,000/yr12 months · AED 46 per sqft
15 Jun 2017RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft
15 Jun 2016RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 22 July 2025.

Key facts

Type
1-bed apartment
Size
1,599 sqft
Floor
5th of 96
Parking
B6-11
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 1.38M · June 2023

About 502, Princess Tower

502 is a one-bedroom apartment of 1,599 sqft on the 5th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 2 June 2023 for AED 1,375,000, or AED 860 per sqft, 22% below the AED 1,096 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 22 July 2025, is AED 110,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 26,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Princess Tower
1M2M2009201420192024Typical 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, December 2009: AED 879,704 (AED 550 per sqft)Sold, December 2012: AED 1,200,000 (AED 750 per sqft)Sold, December 2012: AED 2,400,000 (AED 1,501 per sqft)Sold, June 2023: AED 1,375,000 (AED 860 per sqft)

502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical 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, June 2015: AED 110,000 a yearRenewal, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearNew contract, March 2019: AED 74,000 a yearNew contract, November 2020: AED 60,000 a yearRenewal, November 2021: AED 63,000 a yearNew contract, July 2025: AED 110,000 a yearNew contract, July 2025: AED 110,000 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 502 sits

All 285 1-beds →

502 last sold in June 2023 at AED 860 per sqft, 22% below what one-beds in Princess Tower were fetching at the time (AED 1,096). 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. 502's AED 110,000 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 5th floor

All 763 units in Princess Tower
Value
5012-bedAED 2.45M · Jan 2013
5033-bedAED 1.55M · Jan 2025
5042-bedAED 2.95M · Nov 2014

502, Princess Tower in numbers

  • Sold 4 times: first on 20 December 2009 for AED 879,704, last on 2 June 2023 for AED 1,375,000 (AED 860 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 110,000 by July 2025.
  • At AED 110,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 26,600 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 22 July 2025.

Questions about 502, Princess Tower

What did unit 502 last sell for?

AED 1,375,000 on 2 June 2023: AED 860 per sqft for 1,599 sqft. The unit has 4 registered sales; the first was AED 879,704 in December 2009.

What is the rent for unit 502?

AED 110,000 a year on the contract signed on 22 July 2025. The previous contract, from July 2025, was AED 110,000; the unit has been rented since June 2015.

How big is unit 502?

1,599 sqft (148.6 sqm): a one-bedroom apartment on the 5th floor of a 96-storey tower completed in 2012.

What is unit 502 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 502, Princess Tower

Starts from the last sale price (AED 1.38M, 2 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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