2-bed · 1,301 sqftPrincess Tower, Dubai Marina · 57th floor · completed 2012

5708, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5708 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 1.32M20 September 2021
Current rentAED 60K /yr3 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5708, Princess Tower

What is 5708 worth today?

Last sold for AED 1,320,000 in 2021

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20 Sep 2021SoldReady
AED 1,320,000AED 1,014 per sqft
3 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
29 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
7 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
7 Jul 2017RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
28 Sep 2016RentedRenewal
AED 136,500/yr12 months · AED 105 per sqft
28 Sep 2015RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
28 Jul 2014RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
2-bed apartment
Size
1,301 sqft
Floor
57th of 96
Parking
B2-87
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,600 /yr
Last sold
AED 1.32M · September 2021

About 5708, Princess Tower

5708 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. It last sold on 20 September 2021 for AED 1,320,000, or AED 1,014 per sqft, 11% above the AED 917 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 3 December 2020, is AED 60,000 a year: a gross yield of 4.5% on the 2021 price, before the service charge of about AED 21,600 a year.

Sales and rents for 5708 over time

Sales
Unit 5708, 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 1,330,777 (AED 1,023 per sqft)Sold, December 2012: AED 1,330,777 (AED 1,023 per sqft)Sold, September 2021: AED 1,320,000 (AED 1,014 per sqft)

5708 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5708, each contractTypical two-bed in Princess Tower
50K100K150K2012201620202024Typical 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, July 2013: AED 110,000 a yearNew contract, July 2014: AED 110,000 a yearNew contract, September 2015: AED 130,000 a yearRenewal, September 2016: AED 136,500 a yearNew contract, July 2017: AED 110,000 a yearRenewal, July 2018: AED 100,000 a yearNew contract, August 2019: AED 85,000 a yearNew contract, December 2020: AED 60,000 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 5708 sits

All 298 2-beds →

5708 last sold in September 2021 at AED 1,014 per sqft, 11% above what two-beds in Princess Tower were fetching at the time (AED 917). 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. 5708's AED 60,000 is in the lower 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 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
57042-bedAED 1.8M · Jun 2018
57052-bedAED 864K · Dec 2012
57063-bedAED 2.5M · Mar 2014
57071-bedAED 1.02M · Dec 2012
1–7 of 9

5708, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 1,330,777, last on 20 September 2021 for AED 1,320,000 (AED 1,014 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 110,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 4.5%, 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 20 September 2021.

Questions about 5708, Princess Tower

What did unit 5708 last sell for?

AED 1,320,000 on 20 September 2021: AED 1,014 per sqft for 1,301 sqft. The unit has 3 registered sales; the first was AED 1,330,777 in January 2010.

What is the rent for unit 5708?

AED 60,000 a year on the contract signed on 3 December 2020. The previous contract, from August 2019, was AED 85,000; the unit has been rented since July 2013.

How big is unit 5708?

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 5708 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 5708, Princess Tower

Starts from the last sale price (AED 1.32M, 20 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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