2-bed · 1,179 sqftPrincess Tower, Dubai Marina · 55th floor · completed 2012

5505, Princess Tower

Sold prices and rental history: sold 3 times, last in February 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5505 · DLD and Ejari recordsUpdated 4 February 2018
Last soldAED 1.78M4 February 2018
Current rentAED 150K /yr19 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5505, Princess Tower

What is 5505 worth today?

Last sold for AED 1,780,000 in 2018

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4 Feb 2018SoldReady
AED 1,780,000AED 1,509 per sqft
19 Feb 2016RentedRenewal
AED 150,000/yr12 months · AED 127 per sqft
19 Feb 2015RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
19 Sep 2013SoldReady
AED 1,718,453AED 1,457 per sqft
9 Jan 2010Sold by developerOff-plan
AED 1,718,453AED 1,457 per sqft

Source: Dubai Land Department. Updated 4 February 2018.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
55th of 96
Parking
P3-13
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.78M · February 2018

About 5505, Princess Tower

5505 is a two-bedroom apartment of 1,179 sqft on the 55th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 February 2018 for AED 1,780,000, or AED 1,509 per sqft, 19% above the AED 1,266 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 19 February 2016, is AED 150,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 19,600 a year.

Sales and rents for 5505 over time

Sales
Unit 5505, 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, January 2010: AED 1,718,453 (AED 1,457 per sqft)Sold, September 2013: AED 1,718,453 (AED 1,457 per sqft)Sold, February 2018: AED 1,780,000 (AED 1,509 per sqft)

5505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5505, 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, February 2015: AED 150,000 a yearRenewal, February 2016: AED 150,000 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 5505 sits

All 298 2-beds →

5505 last sold in February 2018 at AED 1,509 per sqft, 19% above what two-beds in Princess Tower were fetching at the time (AED 1,266). 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. 5505's AED 150,000 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 55th floor

All 763 units in Princess Tower
Value
55012-bedAED 2.2M · May 2025
55021-bedAED 825K · May 2021
55033-bedAED 2.75M · Sep 2016
55042-bedAED 2.15M · Mar 2013
55063-bedAED 2.48M · Dec 2012
55071-bedAED 950K · Jul 2022
55082-bedAED 1.7M · Sep 2016
1–7 of 9

5505, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 1,718,453, last on 4 February 2018 for AED 1,780,000 (AED 1,509 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 8.4%, 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 4 February 2018.

Questions about 5505, Princess Tower

What did unit 5505 last sell for?

AED 1,780,000 on 4 February 2018: AED 1,509 per sqft for 1,179 sqft. The unit has 3 registered sales; the first was AED 1,718,453 in January 2010.

What is the rent for unit 5505?

AED 150,000 a year on the contract renewed on 19 February 2016. The previous contract, from February 2015, was AED 150,000.

How big is unit 5505?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 55th floor of a 96-storey tower completed in 2012.

What is unit 5505 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 5505, Princess Tower

Starts from the last sale price (AED 1.78M, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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