1-bed · 923 sqftPrincess Tower, Dubai Marina · 53rd floor · completed 2012

5302, Princess Tower

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5302 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.4M21 November 2024
Current rentAED 79K /yr2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5302, Princess Tower

What is 5302 worth today?

Last sold for AED 1,400,000 in 2024

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21 Nov 2024SoldReady
AED 1,400,000AED 1,516 per sqft
2 Oct 2023RentedRenewal
AED 79,000/yr12 months · AED 86 per sqft
2 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
22 Sep 2021RentedRenewal
AED 47,000/yr12 months · AED 51 per sqft
22 Sep 2020RentedNew contract
AED 47,000/yr12 months · AED 51 per sqft
4 May 2019RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
5 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
21 Oct 2018SoldReady
AED 1,478,139AED 1,600 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
53rd of 96
Parking
P3-61
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.4M · November 2024

About 5302, Princess Tower

5302 is a one-bedroom apartment of 923 sqft on the 53rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 21 November 2024 for AED 1,400,000, or AED 1,516 per sqft, in line with the AED 1,516 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 2 October 2023, is AED 79,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 5302 over time

Sales
Unit 5302, 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, December 2009: AED 1,111,180 (AED 1,203 per sqft)Sold, October 2012: AED 1,111,180 (AED 1,203 per sqft)Sold, October 2018: AED 1,478,139 (AED 1,600 per sqft)Sold, November 2024: AED 1,400,000 (AED 1,516 per sqft)

5302 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5302, 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, August 2014: AED 100,000 a yearNew contract, November 2016: AED 97,000 a yearNew contract, November 2017: AED 95,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, May 2019: AED 65,000 a yearNew contract, September 2020: AED 47,000 a yearRenewal, September 2021: AED 47,000 a yearNew contract, October 2022: AED 70,000 a yearRenewal, October 2023: AED 79,000 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 5302 sits

All 285 1-beds →

5302 last sold in November 2024 at AED 1,516 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,516). 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. 5302's AED 79,000 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 53rd floor

All 763 units in Princess Tower
Value
53012-bedAED 1.85M · May 2015
53033-bedAED 3M · Jul 2013
53042-bedAED 1.8M · Apr 2022
53052-bedAED 1.69M · Dec 2012
53063-bedAED 3.17M · Dec 2012
53071-bedAED 1.1M · Feb 2013
53082-bedAED 1.32M · Oct 2012
1–7 of 9

5302, Princess Tower in numbers

  • Sold 4 times: first on 28 December 2009 for AED 1,111,180, last on 21 November 2024 for AED 1,400,000 (AED 1,516 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 47,000 in 2021 and recovered to AED 79,000 by October 2023.
  • At AED 79,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 15,300 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 21 November 2024.

Questions about 5302, Princess Tower

What did unit 5302 last sell for?

AED 1,400,000 on 21 November 2024: AED 1,516 per sqft for 923 sqft. The unit has 4 registered sales; the first was AED 1,111,180 in December 2009.

What is the rent for unit 5302?

AED 79,000 a year on the contract renewed on 2 October 2023. The previous contract, from October 2022, was AED 70,000; the unit has been rented since August 2014.

How big is unit 5302?

923 sqft (85.7 sqm): a one-bedroom apartment on the 53rd floor of a 96-storey tower completed in 2012.

What is unit 5302 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 5302, Princess Tower

Starts from the last sale price (AED 1.4M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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