2-bed · 1,180 sqftPrincess Tower, Dubai Marina · 51st floor · completed 2012

5104, Princess Tower

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5104 · DLD and Ejari recordsUpdated 16 February 2017
Last soldAED 2.09M4 December 2016
Current rentAED 110K /yr16 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5104, Princess Tower

What is 5104 worth today?

Last sold for AED 2,090,000 in 2016

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16 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
4 Dec 2016SoldReady
AED 2,090,000AED 1,770 per sqft
16 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
15 Feb 2013RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
23 Dec 2012SoldReady
AED 1,918,999AED 1,626 per sqft
3 Jul 2012Sold by developerReady
AED 1,620,635AED 1,373 per sqft

Source: Dubai Land Department. Updated 16 February 2017.

Key facts

Type
2-bed apartment
Size
1,180 sqft
Floor
51st of 96
Parking
B3-49
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 2.09M · December 2016

About 5104, Princess Tower

5104 is a two-bedroom apartment of 1,180 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 4 December 2016 for AED 2,090,000, or AED 1,770 per sqft, 35% above the AED 1,307 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 16 February 2017, is AED 110,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 19,600 a year.

Sales and rents for 5104 over time

Sales
Unit 5104, 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, July 2012: AED 1,620,635 (AED 1,373 per sqft)Sold, December 2012: AED 1,918,999 (AED 1,626 per sqft)Sold, December 2016: AED 2,090,000 (AED 1,770 per sqft)

5104 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5104, 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 2013: AED 105,000 a yearNew contract, February 2016: AED 110,000 a yearNew contract, February 2017: AED 110,000 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 5104 sits

All 298 2-beds →

5104 last sold in December 2016 at AED 1,770 per sqft, 35% above 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. 5104's AED 110,000 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
51012-bedAED 1.91M · Sep 2024
51021-bedAED 882K · Dec 2012
51033-bedAED 4M · Feb 2026
51052-bedAED 2M · Dec 2012
51063-bedAED 3.2M · Jun 2016
51071-bedAED 826K · Dec 2012
51082-bedAED 1.5M · Feb 2023

5104, Princess Tower in numbers

  • Sold 3 times: first on 3 July 2012 for AED 1,620,635, last on 4 December 2016 for AED 2,090,000 (AED 1,770 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 105,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 19,600 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 16 February 2017.

Questions about 5104, Princess Tower

What did unit 5104 last sell for?

AED 2,090,000 on 4 December 2016: AED 1,770 per sqft for 1,180 sqft. The unit has 3 registered sales; the first was AED 1,620,635 in July 2012.

What is the rent for unit 5104?

AED 110,000 a year on the contract signed on 16 February 2017. The previous contract, from February 2016, was AED 110,000; the unit has been rented since February 2013.

How big is unit 5104?

1,180 sqft (109.6 sqm): a two-bedroom apartment on the 51st floor of a 96-storey tower completed in 2012.

What is unit 5104 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 5104, Princess Tower

Starts from the last sale price (AED 2.09M, 4 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,000
Deposit, UAE resident (20%)
AED 418,000
Deposit, non-resident (40%)
AED 836,000
Monthly over 25 years at 3.7%
AED 8,551

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