2-bed · 1,305 sqftPrincess Tower, Dubai Marina · 51st floor · completed 2012

5101, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5101 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 1.91M18 September 2024
Current rentAED 80K /yr27 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5101, Princess Tower

What is 5101 worth today?

Last sold for AED 1,914,000 in 2024

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18 Sep 2024SoldReady
AED 1,914,000AED 1,467 per sqft
27 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
27 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
27 Mar 2020RentedRenewal
AED 87,500/yr12 months · AED 67 per sqft
27 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
4 Mar 2016RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
6 Feb 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
29 Dec 2012SoldReady
AED 1,193,000AED 914 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
51st of 96
Parking
P3-29
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.91M · September 2024

About 5101, Princess Tower

5101 is a two-bedroom apartment of 1,305 sqft on the 51st floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 September 2024 for AED 1,914,000, or AED 1,467 per sqft, 7% below the AED 1,581 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 27 March 2022, is AED 80,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 21,700 a year.

Sales and rents for 5101 over time

Sales
Unit 5101, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,478,050; 2010 AED 1,670,415; 2011 AED 1,415,390; 2012 AED 1,512,027; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,000,000; 2016 AED 1,800,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,222,000; 2022 AED 1,525,000; 2023 AED 1,675,000; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,100,000Sold by developer, December 2009: AED 1,203,000 (AED 922 per sqft)Sold, December 2012: AED 1,193,000 (AED 914 per sqft)Sold, September 2024: AED 1,914,000 (AED 1,467 per sqft)

5101 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5101, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 110,250; 2024 AED 128,218; 2025 AED 130,000; 2026 AED 120,000New contract, February 2014: AED 140,000 a yearNew contract, March 2016: AED 130,000 a yearNew contract, March 2019: AED 95,000 a yearRenewal, March 2020: AED 87,500 a yearRenewal, March 2021: AED 75,000 a yearRenewal, March 2022: AED 80,000 a year

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 5101 sits

All 298 2-beds →

5101 last sold in September 2024 at AED 1,467 per sqft, 7% below what two-beds in Princess Tower were fetching at the time (AED 1,581). 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. 5101's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 202640,505
10 Aug 2026131,419
3 Aug 20261,800,000
6 May 20262,575,000
13 2-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 51st floor

All 763 units in Princess Tower
Value
51021-bedAED 882K · Dec 2012
51033-bedAED 4M · Feb 2026
51042-bedAED 2.09M · Dec 2016
51052-bedAED 2M · Dec 2012
51063-bedAED 3.2M · Jun 2016
51071-bedAED 826K · Dec 2012
51082-bedAED 1.5M · Feb 2023

5101, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 1,203,000, last on 18 September 2024 for AED 1,914,000 (AED 1,467 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 140,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 21,700 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 18 September 2024.

Questions about 5101, Princess Tower

What did unit 5101 last sell for?

AED 1,914,000 on 18 September 2024: AED 1,467 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,203,000 in December 2009.

What is the rent for unit 5101?

AED 80,000 a year on the contract renewed on 27 March 2022. The previous contract, from March 2021, was AED 75,000; the unit has been rented since February 2014.

How big is unit 5101?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 51st floor of a 96-storey tower completed in 2012.

What is unit 5101 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 5101, Princess Tower

Starts from the last sale price (AED 1.91M, 18 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,914,000
Deposit, UAE resident (20%)
AED 382,800
Deposit, non-resident (40%)
AED 765,600
Monthly over 25 years at 3.7%
AED 7,831

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