1-bed · 923 sqftPrincess Tower, Dubai Marina · 69th floor · completed 2012

6907, Princess Tower

Sold prices and rental history: sold 6 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6907 · DLD and Ejari recordsUpdated 27 February 2024
Last soldAED 2.4M27 February 2024
Current rentAED 75K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6907, Princess Tower

What is 6907 worth today?

Last sold for AED 2,400,000 in 2024

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27 Feb 2024SoldReady
AED 2,400,000AED 2,598 per sqft
5 Feb 2024SoldReady
AED 1,400,000AED 1,516 per sqft
1 Aug 2023RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
11 Feb 2022RentedRenewal
AED 65,000/yr16 months · AED 70 per sqft
11 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
8 Feb 2020RentedNew contract
AED 62,000/yr12 months · AED 67 per sqft
12 Apr 2019RentedRenewal
AED 100,000/yr9 months · AED 108 per sqft
12 Apr 2018RentedRenewal
AED 95,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 27 February 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
69th of 96
Parking
P1-22
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 2.4M · February 2024

About 6907, Princess Tower

6907 is a one-bedroom apartment of 923 sqft on the 69th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 February 2024 for AED 2,400,000, or AED 2,598 per sqft, 93% above the AED 1,349 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 August 2023, is AED 75,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 6907 over time

Sales
Unit 6907, each saleTypical one-bed in Princess Tower
1M2M2009201420192024Typical 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, March 2010: AED 896,598 (AED 970 per sqft)Sold, September 2012: AED 1,180,205 (AED 1,278 per sqft)Sold, September 2012: AED 896,598 (AED 970 per sqft)Sold, March 2017: AED 1,300,000 (AED 1,407 per sqft)Sold, February 2024: AED 2,400,000 (AED 2,598 per sqft)Sold, February 2024: AED 1,400,000 (AED 1,516 per sqft)

6907 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6907, 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, March 2015: AED 86,020 a yearNew contract, March 2016: AED 90,321 a yearNew contract, April 2017: AED 95,000 a yearRenewal, April 2018: AED 95,000 a yearRenewal, April 2019: AED 100,000 a yearNew contract, February 2020: AED 62,000 a yearNew contract, February 2021: AED 55,000 a yearRenewal, February 2022: AED 65,000 a yearNew contract, August 2023: AED 75,000 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 6907 sits

All 285 1-beds →

6907 last sold in February 2024 at AED 2,598 per sqft, 93% above what one-beds in Princess Tower were fetching at the time (AED 1,349). 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. 6907's AED 75,000 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 69th floor

All 763 units in Princess Tower
Value
69012-bedAED 1.48M · Nov 2012
69021-bedAED 1.1M · Oct 2012
69033-bedAED 2.9M · Sep 2012
69042-bedAED 1.95M · Oct 2016
69052-bedAED 2.6M · Feb 2015
69063-bedAED 2.8M · Jan 2013
69082-bedAED 1.48M · Nov 2012
1–7 of 9

6907, Princess Tower in numbers

  • Sold 6 times: first on 10 March 2010 for AED 896,598, last on 27 February 2024 for AED 2,400,000 (AED 2,598 per sqft).
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 86,020 to AED 55,000 in 2021 and recovered to AED 75,000 by August 2023.
  • At AED 75,000 a year the gross yield on the 2024 price is 3.1%, 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 27 February 2024.

Questions about 6907, Princess Tower

What did unit 6907 last sell for?

AED 2,400,000 on 27 February 2024: AED 2,598 per sqft for 923 sqft. The unit has 6 registered sales; the first was AED 896,598 in March 2010.

What is the rent for unit 6907?

AED 75,000 a year on the contract signed on 1 August 2023. The previous contract, from February 2022, was AED 65,000; the unit has been rented since March 2015.

How big is unit 6907?

923 sqft (85.7 sqm): a one-bedroom apartment on the 69th floor of a 96-storey tower completed in 2012.

What is unit 6907 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 6907, Princess Tower

Starts from the last sale price (AED 2.4M, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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