2-bed · 1,301 sqftPrincess Tower, Dubai Marina · 58th floor · completed 2012

5801, Princess Tower

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

Unit 5801 · DLD and Ejari recordsUpdated 27 January 2021
Last soldAED 1.1M27 January 2021
Current rentAED 90K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5801, Princess Tower

What is 5801 worth today?

Last sold for AED 1,100,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jan 2021SoldReady
AED 1,100,000AED 845 per sqft
1 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Jun 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
1 Jun 2017RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
1 Jun 2016RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
1 Apr 2015RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft
3 Nov 2014RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
8 Oct 2013RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 27 January 2021.

Key facts

Type
2-bed apartment
Size
1,301 sqft
Floor
58th of 96
Parking
P2-42
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,600 /yr
Last sold
AED 1.1M · January 2021

About 5801, Princess Tower

5801 is a two-bedroom apartment of 1,301 sqft on the 58th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 January 2021 for AED 1,100,000, or AED 845 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 June 2019, is AED 90,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 21,600 a year.

Sales and rents for 5801 over time

Sales
Unit 5801, 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, December 2009: AED 2,025,487 (AED 1,557 per sqft)Sold, September 2013: AED 2,025,487 (AED 1,557 per sqft)Sold, January 2021: AED 1,100,000 (AED 845 per sqft)

5801 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5801, 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 120,000New contract, October 2013: AED 115,000 a yearNew contract, November 2014: AED 135,000 a yearNew contract, April 2015: AED 145,000 a yearNew contract, June 2016: AED 120,000 a yearRenewal, June 2017: AED 120,000 a yearRenewal, June 2018: AED 105,000 a yearRenewal, June 2019: AED 90,000 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 5801 sits

All 298 2-beds →

5801 last sold in January 2021 at AED 845 per sqft, in line with what two-beds in Princess Tower were fetching at the time (AED 854). 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. 5801's AED 90,000 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 58th floor

All 763 units in Princess Tower
Value
58021-bedAED 1.33M · Feb 2017
58033-bedAED 3.4M · Mar 2013
58042-bedAED 1.53M · Dec 2012
58052-bedAED 1.63M · Jul 2012
58063-bedAED 2.6M · Dec 2012
58071-bedAED 1.13M · Apr 2013
58082-bedAED 2.06M · Jul 2024
1–7 of 9

5801, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 2,025,487, last on 27 January 2021 for AED 1,100,000 (AED 845 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 8.2%, 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 27 January 2021.

Questions about 5801, Princess Tower

What did unit 5801 last sell for?

AED 1,100,000 on 27 January 2021: AED 845 per sqft for 1,301 sqft. The unit has 3 registered sales; the first was AED 2,025,487 in December 2009.

What is the rent for unit 5801?

AED 90,000 a year on the contract renewed on 1 June 2019. The previous contract, from June 2018, was AED 105,000; the unit has been rented since October 2013.

How big is unit 5801?

1,301 sqft (120.9 sqm): a two-bedroom apartment on the 58th floor of a 96-storey tower completed in 2012.

What is unit 5801 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.

Selling 5801? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5801, Princess Tower

Starts from the last sale price (AED 1.1M, 27 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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