5705, Princess Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5705, Princess Tower
What is 5705 worth today?
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Source: Dubai Land Department. Updated 13 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 57th of 96
- Parking
- B3-31
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 19,600 /yr
- Last sold
- AED 864K · December 2012
- Building
- Princess Tower
About 5705, Princess Tower
5705 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 29 December 2012 for AED 864,227, or AED 733 per sqft, 41% below the AED 1,234 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 13 May 2018, is AED 118,000 a year: a gross yield of 13.7% on the 2012 price, before the service charge of about AED 19,600 a year.
Sales and rents for 5705 over time
5705 has sold twice; 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 5705 sits
All 298 2-beds →5705 last sold in December 2012 at AED 733 per sqft, 41% below what two-beds in Princess Tower were fetching at the time (AED 1,234). 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. 5705's AED 118,000 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 57th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5701 | 2-bed | 1,301 sqft | AED 665KAED 665,389 · Dec 2012December 2012 | 109,503 /yr | |
| 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 | ||
| 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 |
5705, Princess Tower in numbers
- Sold twice: first on 9 January 2010 for AED 1,728,453, last on 29 December 2012 for AED 864,227 (AED 733 per sqft).
- Rented since December 2012 on 6 Ejari contracts, from AED 115,000 to AED 118,000 a year.
- At AED 118,000 a year the gross yield on the 2012 price is 13.7%, 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 13 May 2018.
Questions about 5705, Princess Tower
What did unit 5705 last sell for?
AED 864,227 on 29 December 2012: AED 733 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 1,728,453 in January 2010.
What is the rent for unit 5705?
AED 118,000 a year on the contract signed on 13 May 2018. The previous contract, from July 2017, was AED 150,000; the unit has been rented since December 2012.
How big is unit 5705?
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 5705 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 5705, Princess Tower
Starts from the last sale price (AED 864K, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 864,227
- Deposit, UAE resident (20%)
- AED 172,845
- Deposit, non-resident (40%)
- AED 345,691
- Monthly over 25 years at 3.7%
- AED 3,536
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →