5308, Princess Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5308, Princess Tower
What is 5308 worth today?
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Source: Dubai Land Department. Updated 10 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,302 sqft
- Floor
- 53rd of 96
- Parking
- P3-40
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.32M · October 2012
- Building
- Princess Tower
About 5308, Princess Tower
5308 is a two-bedroom apartment of 1,302 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 24 October 2012 for AED 1,318,777, or AED 1,013 per sqft, 19% below the AED 1,252 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 78,000 a year: a gross yield of 5.9% on the 2012 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5308 over time
5308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 5308 sits
All 298 2-beds →5308 last sold in October 2012 at AED 1,013 per sqft, 19% below what two-beds in Princess Tower were fetching at the time (AED 1,252). 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. 5308's AED 78,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
Princess Tower
Building763 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%
Other units on the 53rd floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 2-bed | 1,302 sqft | AED 1.85MAED 1,850,000 · May 2015May 2015 | 110,000 /yr | |
| 5302 | 1-bed | 923 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | 79,000 /yr | |
| 5303 | 3-bed | 1,999 sqft | AED 3MAED 3,000,000 · Jul 2013July 2013 | ||
| 5304 | 2-bed | 1,180 sqft | AED 1.8MAED 1,800,000 · Apr 2022April 2022 | 98,000 /yr | |
| 5305 | 2-bed | 1,180 sqft | AED 1.69MAED 1,688,118 · Dec 2012December 2012 | 121,275 /yr | |
| 5306 | 3-bed | 1,999 sqft | AED 3.17MAED 3,172,544 · Dec 2012December 2012 | 195,000 /yr | |
| 5307 | 1-bed | 923 sqft | AED 1.1MAED 1,100,000 · Feb 2013February 2013 | 83,000 /yr | |
| 5309 | 1-bed | 862 sqft | AED 1.38MAED 1,375,000 · Nov 2016November 2016 | ||
| 5310 | 1-bed | 862 sqft | AED 525KAED 525,000 · Apr 2013April 2013 | 80,000 /yr |
5308, Princess Tower in numbers
- Sold twice: first on 28 December 2009 for AED 1,318,777, last on 24 October 2012 for AED 1,318,777 (AED 1,013 per sqft).
- Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2023 and recovered to AED 78,000 by February 2024.
- At AED 78,000 a year the gross yield on the 2012 price is 5.9%, before a service charge of about AED 21,600 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 10 February 2024.
Questions about 5308, Princess Tower
What did unit 5308 last sell for?
AED 1,318,777 on 24 October 2012: AED 1,013 per sqft for 1,302 sqft. The unit has 2 registered sales; the first was AED 1,318,777 in December 2009.
What is the rent for unit 5308?
AED 78,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2024, was AED 78,000; the unit has been rented since December 2012.
How big is unit 5308?
1,302 sqft (121.0 sqm): a two-bedroom apartment on the 53rd floor of a 96-storey tower completed in 2012.
What is unit 5308 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 5308, Princess Tower
Starts from the last sale price (AED 1.32M, 24 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,318,777
- Deposit, UAE resident (20%)
- AED 263,755
- Deposit, non-resident (40%)
- AED 527,511
- Monthly over 25 years at 3.7%
- AED 5,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →