1-bed · 923 sqftPrincess Tower, Dubai Marina · 64th floor · completed 2012

6407, Princess Tower

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6407 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 1.3M26 December 2013
Current rentAED 95K /yr11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6407, Princess Tower

What is 6407 worth today?

Last sold for AED 1,300,000 in 2013

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11 Jun 2024RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft
3 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 108 per sqft
1 Dec 2021RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
4 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
31 Dec 2019RentedNew contract
AED 66,000/yr12 months · AED 71 per sqft
1 Dec 2018RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
1 Dec 2017RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
1 Dec 2016RentedNew contract
AED 95,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
64th of 96
Parking
P2-10
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.3M · December 2013

About 6407, Princess Tower

6407 is a one-bedroom apartment of 923 sqft on the 64th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 26 December 2013 for AED 1,300,000, or AED 1,407 per sqft, 26% above the AED 1,117 one-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 11 June 2024, is AED 95,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 6407 over time

Sales
Unit 6407, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 881,990; 2010 AED 1,035,955; 2011 AED 821,955; 2012 AED 946,239; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,242,500; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,460,000; 2026 AED 1,418,883Sold by developer, July 2012: AED 1,195,716 (AED 1,294 per sqft)Sold, December 2013: AED 1,300,000 (AED 1,407 per sqft)

6407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6407, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 93,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 80,000; 2024 AED 86,000; 2025 AED 87,250; 2026 AED 80,000New contract, October 2014: AED 100,000 a yearNew contract, December 2016: AED 95,000 a yearRenewal, December 2017: AED 90,000 a yearRenewal, December 2018: AED 80,000 a yearNew contract, December 2019: AED 66,000 a yearNew contract, November 2020: AED 50,000 a yearNew contract, December 2021: AED 65,000 a yearNew contract, April 2023: AED 100,000 a yearNew contract, June 2024: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Princess Tower, and where 6407 sits

All 285 1-beds →

6407 last sold in December 2013 at AED 1,407 per sqft, 26% above what one-beds in Princess Tower were fetching at the time (AED 1,117). Over the last 12 months one-beds sold for AED 1,231,180 to 2,050,000, around AED 1,559 per sqft, and rent for AED 60,000 to 170,000 a year. 6407's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,231,180
18 Sep 20261,400,000
12 Sep 20261,544,713
27 Aug 20261,360,000
17 1-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 64th floor

All 763 units in Princess Tower
Value
64012-bedAED 1.49M · Nov 2012
64021-bedAED 760K · Mar 2021
64033-bedAED 2.9M · Oct 2024
64042-bedAED 2.3M · Feb 2025
64052-bedAED 1.94M · Dec 2012
64063-bedAED 2M · Dec 2023
64082-bedAED 2.05M · Mar 2025
1–7 of 9

6407, Princess Tower in numbers

  • Sold twice: first on 30 July 2012 for AED 1,195,716, last on 26 December 2013 for AED 1,300,000 (AED 1,407 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2020 and recovered to AED 95,000 by June 2024.
  • At AED 95,000 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 15,300 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,231,180–2,050,000 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 11 June 2024.

Questions about 6407, Princess Tower

What did unit 6407 last sell for?

AED 1,300,000 on 26 December 2013: AED 1,407 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 1,195,716 in July 2012.

What is the rent for unit 6407?

AED 95,000 a year on the contract signed on 11 June 2024. The previous contract, from April 2023, was AED 100,000; the unit has been rented since October 2014.

How big is unit 6407?

923 sqft (85.7 sqm): a one-bedroom apartment on the 64th floor of a 96-storey tower completed in 2012.

What is unit 6407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,231,180 to 2,050,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 6407, Princess Tower

Starts from the last sale price (AED 1.3M, 26 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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