2-bed · 1,180 sqftPrincess Tower, Dubai Marina · 53rd floor · completed 2012

5304, Princess Tower

Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5304 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.8M25 April 2022
Current rentAED 98K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5304, Princess Tower

What is 5304 worth today?

Last sold for AED 1,800,000 in 2022

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25 Oct 2023RentedRenewal
AED 98,000/yr12 months · AED 83 per sqft
25 Oct 2022RentedNew contract
AED 89,000/yr12 months · AED 75 per sqft
25 Apr 2022SoldReady
AED 1,800,000AED 1,525 per sqft
26 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
25 Oct 2020RentedNew contract
AED 79,786/yr12 months · AED 67 per sqft
25 Oct 2019RentedRenewal
AED 93,000/yr12 months · AED 79 per sqft
25 Oct 2018RentedNew contract
AED 98,000/yr12 months · AED 83 per sqft
10 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
2-bed apartment
Size
1,180 sqft
Floor
53rd of 96
Parking
P3-25
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.8M · April 2022

About 5304, Princess Tower

5304 is a two-bedroom apartment of 1,180 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 25 April 2022 for AED 1,800,000, or AED 1,525 per sqft, 55% above the AED 981 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 98,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 19,600 a year.

Sales and rents for 5304 over time

Sales
Unit 5304, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 1,708,453 (AED 1,447 per sqft)Sold, December 2012: AED 1,720,000 (AED 1,457 per sqft)Sold, December 2012: AED 1,708,453 (AED 1,447 per sqft)Sold, September 2013: AED 2,250,000 (AED 1,906 per sqft)Sold, April 2022: AED 1,800,000 (AED 1,525 per sqft)

5304 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5304, 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, May 2016: AED 140,000 a yearNew contract, August 2017: AED 120,000 a yearNew contract, October 2018: AED 98,000 a yearRenewal, October 2019: AED 93,000 a yearNew contract, October 2020: AED 79,786 a yearRenewal, October 2021: AED 85,000 a yearNew contract, October 2022: AED 89,000 a yearRenewal, October 2023: AED 98,000 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 5304 sits

All 298 2-beds →

5304 last sold in April 2022 at AED 1,525 per sqft, 55% above what two-beds in Princess Tower were fetching at the time (AED 981). 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. 5304's AED 98,000 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 53rd floor

All 763 units in Princess Tower
Value
53012-bedAED 1.85M · May 2015
53021-bedAED 1.4M · Nov 2024
53033-bedAED 3M · Jul 2013
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

5304, Princess Tower in numbers

  • Sold 5 times: first on 28 December 2009 for AED 1,708,453, last on 25 April 2022 for AED 1,800,000 (AED 1,525 per sqft).
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 79,786 in 2020 and recovered to AED 98,000 by October 2023.
  • At AED 98,000 a year the gross yield on the 2022 price is 5.4%, 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 25 October 2023.

Questions about 5304, Princess Tower

What did unit 5304 last sell for?

AED 1,800,000 on 25 April 2022: AED 1,525 per sqft for 1,180 sqft. The unit has 5 registered sales; the first was AED 1,708,453 in December 2009.

What is the rent for unit 5304?

AED 98,000 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 89,000; the unit has been rented since May 2016.

How big is unit 5304?

1,180 sqft (109.6 sqm): a two-bedroom apartment on the 53rd floor of a 96-storey tower completed in 2012.

What is unit 5304 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 5304, Princess Tower

Starts from the last sale price (AED 1.8M, 25 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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