2-bed · 1,299 sqftPrincess Tower, Dubai Marina · 67th floor · completed 2012

6708, Princess Tower

Sold prices and rental history: sold twice, last in May 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6708 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 1.5M31 May 2016
Current rentAED 130K /yr30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6708, Princess Tower

What is 6708 worth today?

Last sold for AED 1,500,000 in 2016

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30 Apr 2024RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
30 Apr 2024RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
22 Nov 2022RentedNew contract
AED 137,000/yr12 months · AED 105 per sqft
31 May 2016SoldReady
AED 1,500,000AED 1,154 per sqft
17 Mar 2016Sold by developerReady
AED 1,500,000AED 1,154 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
2-bed apartment
Size
1,299 sqft
Floor
67th of 96
Parking
B1-68
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,600 /yr
Last sold
AED 1.5M · May 2016

About 6708, Princess Tower

6708 is a two-bedroom apartment of 1,299 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 31 May 2016 for AED 1,500,000, or AED 1,154 per sqft, 13% below the AED 1,322 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 April 2024, is AED 130,000 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 21,600 a year.

Sales and rents for 6708 over time

Sales
Unit 6708, 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, March 2016: AED 1,500,000 (AED 1,154 per sqft)Sold, May 2016: AED 1,500,000 (AED 1,154 per sqft)

6708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6708, 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, November 2022: AED 137,000 a yearNew contract, April 2024: AED 130,000 a yearNew contract, April 2024: AED 130,000 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 6708 sits

All 298 2-beds →

6708 last sold in May 2016 at AED 1,154 per sqft, 13% below what two-beds in Princess Tower were fetching at the time (AED 1,322). 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. 6708's AED 130,000 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
67052-bedAED 1.93M · Jun 2022
67063-bedAED 2.65M · Jun 2017
67071-bedAED 1.3M · Oct 2023
1–7 of 9

6708, Princess Tower in numbers

  • Sold twice: first on 17 March 2016 for AED 1,500,000, last on 31 May 2016 for AED 1,500,000 (AED 1,154 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 137,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 8.7%, 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 30 April 2024.

Questions about 6708, Princess Tower

What did unit 6708 last sell for?

AED 1,500,000 on 31 May 2016: AED 1,154 per sqft for 1,299 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in March 2016.

What is the rent for unit 6708?

AED 130,000 a year on the contract signed on 30 April 2024. The previous contract, from April 2024, was AED 130,000; the unit has been rented since November 2022.

How big is unit 6708?

1,299 sqft (120.7 sqm): a two-bedroom apartment on the 67th floor of a 96-storey tower completed in 2012.

What is unit 6708 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 6708, Princess Tower

Starts from the last sale price (AED 1.5M, 31 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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