3-bed · 1,999 sqftPrincess Tower, Dubai Marina · 57th floor · completed 2012

5703, Princess Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5703 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 2.8M25 September 2024
Current rentAED 180K /yr11 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5703, Princess Tower

What is 5703 worth today?

Last sold for AED 2,800,000 in 2024

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25 Sep 2024SoldReady
AED 2,800,000AED 1,400 per sqft
29 Sep 2014SoldReady
AED 3,350,000AED 1,676 per sqft
11 Oct 2013RentedNew contract
AED 180,000/yr12 months · AED 90 per sqft
25 Dec 2012SoldReady
AED 3,233,373AED 1,617 per sqft
9 Jan 2010Sold by developerOff-plan
AED 3,233,373AED 1,617 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
3-bed apartment
Size
1,999 sqft
Floor
57th of 96
Parking
B2-74,B2-75
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,200 /yr
Last sold
AED 2.8M · September 2024

About 5703, Princess Tower

5703 is a three-bedroom apartment of 1,999 sqft on the 57th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 September 2024 for AED 2,800,000, or AED 1,400 per sqft, in line with the AED 1,419 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 October 2013. The current contract, signed on 11 October 2013, is AED 180,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 33,200 a year.

Sales and rents for 5703 over time

Sales
Unit 5703, each saleTypical three-bed in Princess Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 2,975,180; 2010 AED 2,900,936; 2012 AED 2,900,936; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,660,000; 2024 AED 3,105,500; 2025 AED 3,200,000; 2026 AED 3,286,900Sold by developer, January 2010: AED 3,233,373 (AED 1,617 per sqft)Sold, December 2012: AED 3,233,373 (AED 1,617 per sqft)Sold, September 2014: AED 3,350,000 (AED 1,676 per sqft)Sold, September 2024: AED 2,800,000 (AED 1,400 per sqft)

5703 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5703, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 178,535; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,500; 2022 AED 126,500; 2023 AED 148,748; 2024 AED 175,000; 2025 AED 189,500; 2026 AED 175,500New contract, October 2013: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Princess Tower, and where 5703 sits

All 149 3-beds →

5703 last sold in September 2024 at AED 1,400 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,419). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 5703's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20262,300,000
29 Jul 20262,700,000
26 Mar 20262,800,000
11 Mar 20263,300,000
9 3-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 57th floor

All 763 units in Princess Tower
Value
57012-bedAED 665K · Dec 2012
57021-bedAED 1.02M · Dec 2012
57042-bedAED 1.8M · Jun 2018
57052-bedAED 864K · Dec 2012
57063-bedAED 2.5M · Mar 2014
57071-bedAED 1.02M · Dec 2012
57082-bedAED 1.32M · Sep 2021
1–7 of 9

5703, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 3,233,373, last on 25 September 2024 for AED 2,800,000 (AED 1,400 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 33,200 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 25 September 2024.

Questions about 5703, Princess Tower

What did unit 5703 last sell for?

AED 2,800,000 on 25 September 2024: AED 1,400 per sqft for 1,999 sqft. The unit has 4 registered sales; the first was AED 3,233,373 in January 2010.

What is the rent for unit 5703?

AED 180,000 a year on the contract signed on 11 October 2013.

How big is unit 5703?

1,999 sqft (185.7 sqm): a three-bedroom apartment on the 57th floor of a 96-storey tower completed in 2012.

What is unit 5703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 5703, Princess Tower

Starts from the last sale price (AED 2.8M, 25 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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