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

5108, Princess Tower

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5108 · DLD and Ejari recordsUpdated 2 April 2023
Last soldAED 1.5M13 February 2023
Current rentAED 71K /yr2 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5108, Princess Tower

What is 5108 worth today?

Last sold for AED 1,500,000 in 2023

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2 Apr 2023RentedNew contract
AED 71,000/yr12 months · AED 55 per sqft
13 Feb 2023SoldReady
AED 1,500,000AED 1,149 per sqft
1 Apr 2022RentedNew contract
AED 70,803/yr12 months · AED 54 per sqft
1 Feb 2021RentedRenewal
AED 68,571/yr14 months · AED 53 per sqft
1 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
1 Feb 2019RentedNew contract
AED 86,000/yr12 months · AED 66 per sqft
10 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
13 Sep 2016RentedNew contract
AED 117,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 2 April 2023.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
51st of 96
Parking
B3-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.5M · February 2023

About 5108, Princess Tower

5108 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 13 February 2023 for AED 1,500,000, or AED 1,149 per sqft, in line with the AED 1,161 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 2 April 2023, is AED 71,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 21,700 a year.

Sales and rents for 5108 over time

Sales
Unit 5108, 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 1,203,000 (AED 922 per sqft)Sold, February 2023: AED 1,500,000 (AED 1,149 per sqft)

5108 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5108, 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, March 2013: AED 110,000 a yearNew contract, April 2014: AED 130,000 a yearNew contract, April 2015: AED 130,000 a yearNew contract, September 2016: AED 117,000 a yearNew contract, October 2017: AED 110,000 a yearNew contract, February 2019: AED 86,000 a yearRenewal, February 2020: AED 80,000 a yearRenewal, February 2021: AED 68,571 a yearNew contract, April 2022: AED 70,803 a yearNew contract, April 2023: AED 71,000 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 5108 sits

All 298 2-beds →

5108 last sold in February 2023 at AED 1,149 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 1,161). 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. 5108's AED 71,000 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
51042-bedAED 2.09M · Dec 2016
51052-bedAED 2M · Dec 2012
51063-bedAED 3.2M · Jun 2016
51071-bedAED 826K · Dec 2012

5108, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 1,203,000, last on 13 February 2023 for AED 1,500,000 (AED 1,149 per sqft).
  • Rented since March 2013 on 10 Ejari contracts, from AED 110,000 to AED 71,000 a year.
  • At AED 71,000 a year the gross yield on the 2023 price is 4.7%, 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 2 April 2023.

Questions about 5108, Princess Tower

What did unit 5108 last sell for?

AED 1,500,000 on 13 February 2023: AED 1,149 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 5108?

AED 71,000 a year on the contract signed on 2 April 2023. The previous contract, from April 2022, was AED 70,803; the unit has been rented since March 2013.

How big is unit 5108?

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 5108 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 5108, Princess Tower

Starts from the last sale price (AED 1.5M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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