5405, Princess Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5405, Princess Tower
What is 5405 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,180 sqft
- Floor
- 54th of 96
- Parking
- P3-28
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.88M · December 2012
- Building
- Princess Tower
About 5405, Princess Tower
5405 is a two-bedroom apartment of 1,180 sqft on the 54th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 December 2012 for AED 1,884,797, or AED 1,597 per sqft, 29% above the AED 1,234 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 June 2024, is AED 140,000 a year: a gross yield of 7.4% on the 2012 price, before the service charge of about AED 19,600 a year.
Sales and rents for 5405 over time
5405 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 5405 sits
All 298 2-beds →5405 last sold in December 2012 at AED 1,597 per sqft, 29% above what two-beds in Princess Tower were fetching at the time (AED 1,234). 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. 5405's AED 140,000 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 54th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,302 sqft | AED 2.15MAED 2,150,000 · Apr 2025April 2025 | 109,107 /yr | |
| 5402 | 1-bed | 923 sqft | AED 1.35MAED 1,350,000 · Oct 2017October 2017 | 70,000 /yr | |
| 5403 | 3-bed | 1,999 sqft | AED 1.37MAED 1,371,144 · Jun 2013June 2013 | 190,000 /yr | |
| 5404 | 2-bed | 1,180 sqft | AED 1.88MAED 1,884,797 · Sep 2013September 2013 | 190,000 /yr | |
| 5406 | 3-bed | 1,999 sqft | AED 2.66MAED 2,660,000 · Aug 2023August 2023 | ||
| 5407 | 1-bed | 923 sqft | AED 585KAED 585,000 · Dec 2016December 2016 | 70,000 /yr | |
| 5408 | 2-bed | 1,302 sqft | AED 1.39MAED 1,387,866 · Dec 2012December 2012 | 180,000 /yr | |
| 5409 | 1-bed | 862 sqft | AED 980KAED 980,000 · Feb 2023February 2023 | 95,000 /yr | |
| 5410 | 1-bed | 862 sqft | AED 982KAED 981,946 · Oct 2012October 2012 | 80,000 /yr |
5405, Princess Tower in numbers
- Sold twice: first on 9 January 2010 for AED 1,884,797, last on 29 December 2012 for AED 1,884,797 (AED 1,597 per sqft).
- Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 140,000 by June 2024.
- At AED 140,000 a year the gross yield on the 2012 price is 7.4%, 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 1 June 2024.
Questions about 5405, Princess Tower
What did unit 5405 last sell for?
AED 1,884,797 on 29 December 2012: AED 1,597 per sqft for 1,180 sqft. The unit has 2 registered sales; the first was AED 1,884,797 in January 2010.
What is the rent for unit 5405?
AED 140,000 a year on the contract signed on 1 June 2024. The previous contract, from June 2024, was AED 140,000; the unit has been rented since November 2017.
How big is unit 5405?
1,180 sqft (109.6 sqm): a two-bedroom apartment on the 54th floor of a 96-storey tower completed in 2012.
What is unit 5405 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 5405, Princess Tower
Starts from the last sale price (AED 1.88M, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,884,797
- Deposit, UAE resident (20%)
- AED 376,959
- Deposit, non-resident (40%)
- AED 753,919
- Monthly over 25 years at 3.7%
- AED 7,711
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →