2-bed · 1,179 sqftPrincess Tower, Dubai Marina · 58th floor · completed 2012

5804, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5804 · DLD and Ejari recordsUpdated 25 December 2020
Last soldAED 1.53M20 December 2012
Current rentAED 80K /yr25 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5804, Princess Tower

What is 5804 worth today?

Last sold for AED 1,527,078 in 2012

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25 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
20 Apr 2017RentedNew contract
AED 145,000/yr12 months · AED 122 per sqft
1 Apr 2016RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
20 Dec 2012SoldReady
AED 1,527,078AED 1,295 per sqft
27 Feb 2012Sold by developerOff-plan
AED 1,527,078AED 1,295 per sqft

Source: Dubai Land Department. Updated 25 December 2020.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
58th of 96
Parking
B2-93
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.53M · December 2012

About 5804, Princess Tower

5804 is a two-bedroom apartment of 1,179 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 20 December 2012 for AED 1,527,078, or AED 1,295 per sqft, 3% above the AED 1,252 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 25 December 2020, is AED 80,000 a year: a gross yield of 5.2% on the 2012 price, before the service charge of about AED 19,600 a year.

Sales and rents for 5804 over time

Sales
Unit 5804, 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, February 2012: AED 1,527,078 (AED 1,295 per sqft)Sold, December 2012: AED 1,527,078 (AED 1,295 per sqft)

5804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5804, 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, April 2016: AED 150,000 a yearNew contract, April 2017: AED 145,000 a yearNew contract, December 2020: AED 80,000 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 5804 sits

All 298 2-beds →

5804 last sold in December 2012 at AED 1,295 per sqft, 3% above what two-beds in Princess Tower were fetching at the time (AED 1,252). 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. 5804's AED 80,000 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
58012-bedAED 1.1M · Jan 2021
58021-bedAED 1.33M · Feb 2017
58033-bedAED 3.4M · Mar 2013
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

5804, Princess Tower in numbers

  • Sold twice: first on 27 February 2012 for AED 1,527,078, last on 20 December 2012 for AED 1,527,078 (AED 1,295 per sqft).
  • Rented since April 2016 on 3 Ejari contracts, from AED 150,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2012 price is 5.2%, 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 25 December 2020.

Questions about 5804, Princess Tower

What did unit 5804 last sell for?

AED 1,527,078 on 20 December 2012: AED 1,295 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 1,527,078 in February 2012.

What is the rent for unit 5804?

AED 80,000 a year on the contract signed on 25 December 2020. The previous contract, from April 2017, was AED 145,000; the unit has been rented since April 2016.

How big is unit 5804?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 58th floor of a 96-storey tower completed in 2012.

What is unit 5804 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 5804, Princess Tower

Starts from the last sale price (AED 1.53M, 20 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,527,078
Deposit, UAE resident (20%)
AED 305,416
Deposit, non-resident (40%)
AED 610,831
Monthly over 25 years at 3.7%
AED 6,248

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