5508, Princess Tower
Sold prices and rental history: sold 3 times, last in September 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5508, Princess Tower
What is 5508 worth today?
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Source: Dubai Land Department. Updated 27 September 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,301 sqft
- Floor
- 55th of 96
- Parking
- B3-27
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.7M · September 2016
- Building
- Princess Tower
About 5508, Princess Tower
5508 is a two-bedroom apartment of 1,301 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 27 September 2016 for AED 1,700,000, or AED 1,307 per sqft, 6% below the AED 1,388 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 18 June 2014, is AED 135,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5508 over time
5508 has sold 3 times; 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 5508 sits
All 298 2-beds →5508 last sold in September 2016 at AED 1,307 per sqft, 6% below what two-beds in Princess Tower were fetching at the time (AED 1,388). 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. 5508's AED 135,000 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 55th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,300 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 96,000 /yr | |
| 5502 | 1-bed | 923 sqft | AED 825KAED 825,000 · May 2021May 2021 | 85,000 /yr | |
| 5503 | 3-bed | 1,999 sqft | AED 2.75MAED 2,750,000 · Sep 2016September 2016 | 160,000 /yr | |
| 5504 | 2-bed | 1,179 sqft | AED 2.15MAED 2,150,000 · Mar 2013March 2013 | ||
| 5505 | 2-bed | 1,179 sqft | AED 1.78MAED 1,780,000 · Feb 2018February 2018 | 150,000 /yr | |
| 5506 | 3-bed | 1,999 sqft | AED 2.48MAED 2,482,253 · Dec 2012December 2012 | 159,720 /yr | |
| 5507 | 1-bed | 923 sqft | AED 950KAED 950,000 · Jul 2022July 2022 | 65,000 /yr | |
| 5509 | 1-bed | 862 sqft | AED 950KAED 950,000 · Feb 2013February 2013 | 85,000 /yr | |
| 5510 | 1-bed | 862 sqft | AED 950KAED 950,000 · Feb 2013February 2013 | 75,000 /yr |
5508, Princess Tower in numbers
- Sold 3 times: first on 9 January 2010 for AED 1,324,778, last on 27 September 2016 for AED 1,700,000 (AED 1,307 per sqft).
- Rented since June 2013 on 2 Ejari contracts, from AED 110,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2016 price is 7.9%, 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 27 September 2016.
Questions about 5508, Princess Tower
What did unit 5508 last sell for?
AED 1,700,000 on 27 September 2016: AED 1,307 per sqft for 1,301 sqft. The unit has 3 registered sales; the first was AED 1,324,778 in January 2010.
What is the rent for unit 5508?
AED 135,000 a year on the contract signed on 18 June 2014. The previous contract, from June 2013, was AED 110,000.
How big is unit 5508?
1,301 sqft (120.9 sqm): a two-bedroom apartment on the 55th floor of a 96-storey tower completed in 2012.
What is unit 5508 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 5508, Princess Tower
Starts from the last sale price (AED 1.7M, 27 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →