5701, Princess Tower
Sold prices and rental history: sold once, by the developer in December 2012, 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 5701, Princess Tower
What is 5701 worth today?
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Source: Dubai Land Department. Updated 7 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,301 sqft
- Floor
- 57th of 96
- Parking
- P3-80
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 665K · December 2012
- Building
- Princess Tower
About 5701, Princess Tower
5701 is a two-bedroom apartment of 1,301 sqft on the 57th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 23 December 2012 for AED 665,389, or AED 511 per sqft, 59% below the AED 1,252 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 7 October 2024, is AED 109,503 a year: a gross yield of 16.5% on the 2012 price, before the service charge of about AED 21,600 a year.
Sales and rents for 5701 over time
5701 has sold once; 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 5701 sits
All 298 2-beds →5701 last sold in December 2012 at AED 511 per sqft, 59% below 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. 5701's AED 109,503 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 57th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5702 | 1-bed | 923 sqft | AED 1.02MAED 1,023,180 · Dec 2012December 2012 | 90,000 /yr | |
| 5703 | 3-bed | 1,999 sqft | AED 2.8MAED 2,800,000 · Sep 2024September 2024 | 180,000 /yr | |
| 5704 | 2-bed | 1,179 sqft | AED 1.8MAED 1,800,000 · Jun 2018June 2018 | ||
| 5705 | 2-bed | 1,179 sqft | AED 864KAED 864,227 · Dec 2012December 2012 | 118,000 /yr | |
| 5706 | 3-bed | 1,999 sqft | AED 2.5MAED 2,500,000 · Mar 2014March 2014 | ||
| 5707 | 1-bed | 923 sqft | AED 1.02MAED 1,023,955 · Dec 2012December 2012 | 75,000 /yr | |
| 5708 | 2-bed | 1,301 sqft | AED 1.32MAED 1,320,000 · Sep 2021September 2021 | 60,000 /yr | |
| 5709 | 1-bed | 862 sqft | AED 1.5MAED 1,500,000 · Oct 2025October 2025 | 95,000 /yr | |
| 5710 | 1-bed | 862 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | 100,000 /yr |
5701, Princess Tower in numbers
- Sold once: by Tameer Holding Investment on 23 December 2012 for AED 665,389, or AED 511 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 72,000 in 2021 and recovered to AED 109,503 by October 2024.
- At AED 109,503 a year the gross yield on the 2012 price is 16.5%, 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 7 October 2024.
Questions about 5701, Princess Tower
What did unit 5701 last sell for?
AED 665,389 on 23 December 2012, sold by the developer: AED 511 per sqft for 1,301 sqft. It is the only registered sale of the unit.
What is the rent for unit 5701?
AED 109,503 a year on the contract renewed on 7 October 2024. The previous contract, from October 2023, was AED 95,220; the unit has been rented since September 2013.
How big is unit 5701?
1,301 sqft (120.9 sqm): a two-bedroom apartment on the 57th floor of a 96-storey tower completed in 2012.
What is unit 5701 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 5701, Princess Tower
Starts from the last sale price (AED 665K, 23 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 665,389
- Deposit, UAE resident (20%)
- AED 133,078
- Deposit, non-resident (40%)
- AED 266,156
- Monthly over 25 years at 3.7%
- AED 2,722
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →