2-bed · 1,301 sqftPrincess Tower, Dubai Marina · 62nd floor · completed 2012

6208, Princess Tower

Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6208 · DLD and Ejari recordsUpdated 7 February 2021
Last soldAED 1.02M7 February 2021
Current rentAED 100K /yr4 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6208, Princess Tower

What is 6208 worth today?

Last sold for AED 1,020,000 in 2021

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7 Feb 2021SoldReady
AED 1,020,000AED 784 per sqft
4 Mar 2019RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
30 Dec 2012SoldReady
AED 672,889AED 517 per sqft
12 Jan 2010Sold by developerOff-plan
AED 1,345,778AED 1,034 per sqft

Source: Dubai Land Department. Updated 7 February 2021.

Key facts

Type
2-bed apartment
Size
1,301 sqft
Floor
62nd of 96
Parking
B2-36
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,600 /yr
Last sold
AED 1.02M · February 2021

About 6208, Princess Tower

6208 is a two-bedroom apartment of 1,301 sqft on the 62nd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 February 2021 for AED 1,020,000, or AED 784 per sqft, 7% below the AED 844 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 March 2019. The current contract, signed on 4 March 2019, is AED 100,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 21,600 a year.

Sales and rents for 6208 over time

Sales
Unit 6208, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 1,345,778 (AED 1,034 per sqft)Sold, December 2012: AED 672,889 (AED 517 per sqft)Sold, February 2021: AED 1,020,000 (AED 784 per sqft)

6208 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6208, 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, March 2019: AED 100,000 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 6208 sits

All 298 2-beds →

6208 last sold in February 2021 at AED 784 per sqft, 7% below what two-beds in Princess Tower were fetching at the time (AED 844). 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. 6208's AED 100,000 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 62nd floor

All 763 units in Princess Tower
Value
62012-bedAED 1.35M · Jan 2013
62021-bedAED 1.04M · Dec 2012
62033-bedAED 3.42M · Oct 2012
62042-bedAED 1.96M · Apr 2016
62052-bedAED 1.1M · Feb 2021
62063-bedAED 3.05M · Apr 2013
62071-bedAED 1.35M · Dec 2012
1–7 of 9

6208, Princess Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 1,345,778, last on 7 February 2021 for AED 1,020,000 (AED 784 per sqft).
  • Rented since March 2019 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 9.8%, 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 7 February 2021.

Questions about 6208, Princess Tower

What did unit 6208 last sell for?

AED 1,020,000 on 7 February 2021: AED 784 per sqft for 1,301 sqft. The unit has 3 registered sales; the first was AED 1,345,778 in January 2010.

What is the rent for unit 6208?

AED 100,000 a year on the contract signed on 4 March 2019.

How big is unit 6208?

1,301 sqft (120.9 sqm): a two-bedroom apartment on the 62nd floor of a 96-storey tower completed in 2012.

What is unit 6208 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 6208, Princess Tower

Starts from the last sale price (AED 1.02M, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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