5601, Princess Tower
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5601, Princess Tower
What is 5601 worth today?
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Source: Dubai Land Department. Updated 21 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,301 sqft
- Floor
- 56th of 96
- Parking
- B2-10
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.69M · May 2024
- Building
- Princess Tower
About 5601, Princess Tower
5601 is a two-bedroom apartment of 1,301 sqft on the 56th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 21 May 2024 for AED 1,685,000, or AED 1,295 per sqft, 12% below the AED 1,469 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 August 2022, is AED 72,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5601 over time
5601 has sold 4 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 5601 sits
All 298 2-beds →5601 last sold in May 2024 at AED 1,295 per sqft, 12% below what two-beds in Princess Tower were fetching at the time (AED 1,469). 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. 5601's AED 72,000 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 56th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5602 | 1-bed | 923 sqft | AED 1.02MAED 1,020,180 · Dec 2012December 2012 | 78,000 /yr | |
| 5603 | 3-bed | 1,999 sqft | AED 3.1MAED 3,100,000 · Aug 2013August 2013 | 235,000 /yr | |
| 5604 | 2-bed | 1,179 sqft | AED 1.72MAED 1,723,453 · Dec 2012December 2012 | 157,268 /yr | |
| 5605 | 2-bed | 1,179 sqft | AED 2.6MAED 2,600,000 · Oct 2025October 2025 | 145,000 /yr | |
| 5606 | 3-bed | 1,999 sqft | AED 2.6MAED 2,600,000 · Apr 2022April 2022 | 180,000 /yr | |
| 5607 | 1-bed | 923 sqft | AED 1.5MAED 1,500,000 · Feb 2014February 2014 | 60,000 /yr | |
| 5608 | 2-bed | 650 sqft | AED 1.25MAED 1,250,000 · Jan 2026January 2026 | 128,000 /yr | |
| 5609 | 1-bed | 862 sqft | AED 1.52MAED 1,515,000 · Jan 2026January 2026 | 100,000 /yr | |
| 5610 | 1-bed | 862 sqft | AED 1.35MAED 1,350,000 · Sep 2024September 2024 | 87,000 /yr |
5601, Princess Tower in numbers
- Sold 4 times: first on 9 January 2010 for AED 1,327,778, last on 21 May 2024 for AED 1,685,000 (AED 1,295 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2021 and recovered to AED 72,000 by August 2022.
- At AED 72,000 a year the gross yield on the 2024 price is 4.3%, 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 21 May 2024.
Questions about 5601, Princess Tower
What did unit 5601 last sell for?
AED 1,685,000 on 21 May 2024: AED 1,295 per sqft for 1,301 sqft. The unit has 4 registered sales; the first was AED 1,327,778 in January 2010.
What is the rent for unit 5601?
AED 72,000 a year on the contract renewed on 26 August 2022. The previous contract, from August 2021, was AED 60,000; the unit has been rented since October 2013.
How big is unit 5601?
1,301 sqft (120.9 sqm): a two-bedroom apartment on the 56th floor of a 96-storey tower completed in 2012.
What is unit 5601 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 5601, Princess Tower
Starts from the last sale price (AED 1.69M, 21 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,685,000
- Deposit, UAE resident (20%)
- AED 337,000
- Deposit, non-resident (40%)
- AED 674,000
- Monthly over 25 years at 3.7%
- AED 6,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →