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2-bed · 1,179 sqftPrincess Tower, Dubai Marina · 57th floor · completed 2012

5704, Princess Tower

Sold prices and rental history: sold 5 times, last in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 27 June 2018
Last soldAED 1.8M27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5704, Princess Tower

What is 5704 worth today?

Last sold for AED 1,800,000 in 2018

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27 Jun 2018SoldReady
AED 1,800,000AED 1,526 per sqft
22 Mar 2016SoldReady
AED 2,000,000AED 1,696 per sqft
17 Feb 2014SoldReady
AED 2,700,000AED 2,290 per sqft
26 Dec 2012SoldReady
AED 1,728,453AED 1,466 per sqft
9 Jan 2010Sold by developerOff-plan
AED 1,728,453AED 1,466 per sqft

Source: Dubai Land Department. Updated 27 June 2018.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
57th of 96
Parking
P3-27
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.8M · June 2018
Building
Princess Tower

About 5704, Princess Tower

5704 is a two-bedroom apartment of 1,179 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 27 June 2018 for AED 1,800,000, or AED 1,526 per sqft, 23% above the AED 1,239 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5704 over time

Sales
Unit 5704, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 1,728,453 (AED 1,466 per sqft)Sold, December 2012: AED 1,728,453 (AED 1,466 per sqft)Sold, February 2014: AED 2,700,000 (AED 2,290 per sqft)Sold, March 2016: AED 2,000,000 (AED 1,696 per sqft)Sold, June 2018: AED 1,800,000 (AED 1,526 per sqft)

5704 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5704, 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 120,000

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 5704 sits

All 298 2-beds →

5704 last sold in June 2018 at AED 1,526 per sqft, 23% above what two-beds in Princess Tower were fetching at the time (AED 1,239). 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.

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 57th floor

All 763 units in Princess Tower
Value
57012-bedAED 665K · Dec 2012
57021-bedAED 1.02M · Dec 2012
57033-bedAED 2.8M · Sep 2024
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

5704, Princess Tower in numbers

  • Sold 5 times: first on 9 January 2010 for AED 1,728,453, last on 27 June 2018 for AED 1,800,000 (AED 1,526 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 June 2018.

Questions about 5704, Princess Tower

What did unit 5704 last sell for?

AED 1,800,000 on 27 June 2018: AED 1,526 per sqft for 1,179 sqft. The unit has 5 registered sales; the first was AED 1,728,453 in January 2010.

How big is unit 5704?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 57th floor of a 96-storey tower completed in 2012.

What is unit 5704 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 5704, Princess Tower

Starts from the last sale price (AED 1.8M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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