2-bed · 1,179 sqftPrincess Tower, Dubai Marina · 56th floor · completed 2012

5604, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5604 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 1.72M20 December 2012
Current rentAED 157K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5604, Princess Tower

What is 5604 worth today?

Last sold for AED 1,723,453 in 2012

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23 Dec 2024RentedRenewal
AED 157,268/yr4 months · AED 133 per sqft
23 Dec 2024RentedRenewal
AED 157,268/yr4 months · AED 133 per sqft
4 Oct 2024RentedRenewal
AED 96,633/yr3 months · AED 82 per sqft
4 Oct 2024RentedRenewal
AED 96,633/yr3 months · AED 82 per sqft
4 Oct 2023RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
4 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
4 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
4 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
56th of 96
Parking
B2-19
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.72M · December 2012

About 5604, Princess Tower

5604 is a two-bedroom apartment of 1,179 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 20 December 2012 for AED 1,723,453, or AED 1,461 per sqft, 17% above the AED 1,252 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 23 December 2024, is AED 157,268 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 19,600 a year.

Sales and rents for 5604 over time

Sales
Unit 5604, 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 1,723,452 (AED 1,461 per sqft)Sold, December 2012: AED 1,723,453 (AED 1,461 per sqft)

5604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5604, 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, May 2014: AED 135,000 a yearNew contract, July 2018: AED 105,000 a yearRenewal, July 2019: AED 82,000 a yearNew contract, October 2020: AED 70,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearRenewal, October 2023: AED 80,000 a yearRenewal, October 2024: AED 96,633 a yearRenewal, October 2024: AED 96,633 a yearRenewal, December 2024: AED 157,268 a yearRenewal, December 2024: AED 157,268 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 5604 sits

All 298 2-beds →

5604 last sold in December 2012 at AED 1,461 per sqft, 17% above 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. 5604's AED 157,268 is in the upper 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 56th floor

All 763 units in Princess Tower
Value
56012-bedAED 1.69M · May 2024
56021-bedAED 1.02M · Dec 2012
56033-bedAED 3.1M · Aug 2013
56052-bedAED 2.6M · Oct 2025
56063-bedAED 2.6M · Apr 2022
56071-bedAED 1.5M · Feb 2014
56082-bedAED 1.25M · Jan 2026
1–7 of 9

5604, Princess Tower in numbers

  • Sold twice: first on 9 January 2010 for AED 1,723,452, last on 20 December 2012 for AED 1,723,453 (AED 1,461 per sqft).
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2020 and recovered to AED 157,268 by December 2024.
  • At AED 157,268 a year the gross yield on the 2012 price is 9.1%, 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 23 December 2024.

Questions about 5604, Princess Tower

What did unit 5604 last sell for?

AED 1,723,453 on 20 December 2012: AED 1,461 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 1,723,452 in January 2010.

What is the rent for unit 5604?

AED 157,268 a year on the contract renewed on 23 December 2024. The previous contract, from December 2024, was AED 157,268; the unit has been rented since May 2014.

How big is unit 5604?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 56th floor of a 96-storey tower completed in 2012.

What is unit 5604 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 5604, Princess Tower

Starts from the last sale price (AED 1.72M, 20 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,723,453
Deposit, UAE resident (20%)
AED 344,691
Deposit, non-resident (40%)
AED 689,381
Monthly over 25 years at 3.7%
AED 7,051

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