2-bed · 1,180 sqftPrincess Tower, Dubai Marina · 67th floor · completed 2012

6705, Princess Tower

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6705 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 1.93M7 June 2022
Current rentAED 80K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6705, Princess Tower

What is 6705 worth today?

Last sold for AED 1,930,000 in 2022

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7 Jun 2022SoldReady
AED 1,930,000AED 1,635 per sqft
10 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
10 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
10 Jul 2019RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
25 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
15 Aug 2017RentedNew contract
AED 129,999/yr9 months · AED 110 per sqft
26 Aug 2015SoldReady
AED 2,300,000AED 1,948 per sqft
16 Dec 2012Sold by developerReady
AED 2,808,494AED 2,379 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,180 sqft
Floor
67th of 96
Parking
P2-34
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.93M · June 2022

About 6705, Princess Tower

6705 is a two-bedroom apartment of 1,180 sqft on the 67th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 June 2022 for AED 1,930,000, or AED 1,635 per sqft, 59% above the AED 1,030 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 10 July 2021, is AED 80,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 19,600 a year.

Sales and rents for 6705 over time

Sales
Unit 6705, each saleTypical two-bed in Princess Tower
1M2M3M2009201420192024Typical 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 2012: AED 2,808,494 (AED 2,379 per sqft)Sold, August 2015: AED 2,300,000 (AED 1,948 per sqft)Sold, June 2022: AED 1,930,000 (AED 1,635 per sqft)

6705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6705, 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, August 2017: AED 129,999 a yearNew contract, June 2018: AED 120,000 a yearNew contract, July 2019: AED 87,000 a yearRenewal, July 2020: AED 80,000 a yearRenewal, July 2021: 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 6705 sits

All 298 2-beds →

6705 last sold in June 2022 at AED 1,635 per sqft, 59% above what two-beds in Princess Tower were fetching at the time (AED 1,030). 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. 6705'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 67th floor

All 763 units in Princess Tower
Value
67012-bedAED 1.4M · Nov 2018
67021-bedAED 2.1M · Apr 2024
67033-bedAED 3.1M · Sep 2022
67042-bedAED 2.76M · Dec 2012
67063-bedAED 2.65M · Jun 2017
67071-bedAED 1.3M · Oct 2023
67082-bedAED 1.5M · May 2016
1–7 of 9

6705, Princess Tower in numbers

  • Sold 3 times: first on 16 December 2012 for AED 2,808,494, last on 7 June 2022 for AED 1,930,000 (AED 1,635 per sqft).
  • Rented since August 2017 on 5 Ejari contracts, from AED 129,999 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 4.2%, 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 7 June 2022.

Questions about 6705, Princess Tower

What did unit 6705 last sell for?

AED 1,930,000 on 7 June 2022: AED 1,635 per sqft for 1,180 sqft. The unit has 3 registered sales; the first was AED 2,808,494 in December 2012.

What is the rent for unit 6705?

AED 80,000 a year on the contract renewed on 10 July 2021. The previous contract, from July 2020, was AED 80,000; the unit has been rented since August 2017.

How big is unit 6705?

1,180 sqft (109.6 sqm): a two-bedroom apartment on the 67th floor of a 96-storey tower completed in 2012.

What is unit 6705 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 6705, Princess Tower

Starts from the last sale price (AED 1.93M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

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