2-bed · 1,694 sqftPrincess Tower, Dubai Marina · 6th floor · completed 2012

604, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 1.2M8 September 2021
Current rentAED 140K /yr27 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Princess Tower

What is 604 worth today?

Last sold for AED 1,200,000 in 2021

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27 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft
27 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 83 per sqft
15 Aug 2023RentedRenewal
AED 120,000/yr12 months · AED 71 per sqft
15 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
8 Sep 2021SoldReady
AED 1,200,000AED 708 per sqft
12 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
2 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
11 May 2017RentedRenewal
AED 130,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 27 March 2024.

Key facts

Type
2-bed apartment
Size
1,694 sqft
Floor
6th of 96
Parking
B6-14
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 28,200 /yr
Last sold
AED 1.2M · September 2021

About 604, Princess Tower

604 is a two-bedroom apartment of 1,694 sqft on the 6th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 September 2021 for AED 1,200,000, or AED 708 per sqft, 23% below the AED 915 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 27 March 2024, is AED 140,000 a year: a gross yield of 11.7% on the 2021 price, before the service charge of about AED 28,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 1,800,000 (AED 1,062 per sqft)Sold, December 2012: AED 1,800,000 (AED 1,062 per sqft)Sold, September 2021: AED 1,200,000 (AED 708 per sqft)

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

Rents
Unit 604, 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 2014: AED 133,000 a yearNew contract, May 2016: AED 130,000 a yearRenewal, May 2017: AED 130,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, July 2020: AED 85,000 a yearNew contract, August 2022: AED 120,000 a yearRenewal, August 2023: AED 120,000 a yearNew contract, March 2024: AED 140,000 a yearNew contract, March 2024: AED 140,000 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 604 sits

All 298 2-beds →

604 last sold in September 2021 at AED 708 per sqft, 23% below what two-beds in Princess Tower were fetching at the time (AED 915). 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. 604's AED 140,000 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 6th floor

All 763 units in Princess Tower
Value
6012-bedAED 1.22M · Jun 2015
6021-bedAED 1.4M · Feb 2026
6031-bedAED 1.25M · Oct 2016

604, Princess Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 1,800,000, last on 8 September 2021 for AED 1,200,000 (AED 708 per sqft).
  • Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 133,000 to AED 85,000 in 2020 and recovered to AED 140,000 by March 2024.
  • At AED 140,000 a year the gross yield on the 2021 price is 11.7%, before a service charge of about AED 28,200 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 March 2024.

Questions about 604, Princess Tower

What did unit 604 last sell for?

AED 1,200,000 on 8 September 2021: AED 708 per sqft for 1,694 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in December 2009.

What is the rent for unit 604?

AED 140,000 a year on the contract signed on 27 March 2024. The previous contract, from March 2024, was AED 140,000; the unit has been rented since April 2014.

How big is unit 604?

1,694 sqft (157.4 sqm): a two-bedroom apartment on the 6th floor of a 96-storey tower completed in 2012.

What is unit 604 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 604, Princess Tower

Starts from the last sale price (AED 1.2M, 8 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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