3-bed · 1,998 sqftPrincess Tower, Dubai Marina · 70th floor · completed 2012

7003, Princess Tower

Sold prices and rental history: sold 4 times, last in December 2017, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7003 · DLD and Ejari recordsUpdated 6 December 2017
Last soldAED 2.9M6 December 2017
Current rentAED 190K /yr28 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7003, Princess Tower

What is 7003 worth today?

Last sold for AED 2,900,000 in 2017

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6 Dec 2017SoldReady
AED 2,900,000AED 1,451 per sqft
28 Jun 2016RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft
31 Jan 2013SoldReady
AED 2,790,000AED 1,396 per sqft
19 Sep 2012SoldReady
AED 2,491,634AED 1,246 per sqft
10 Mar 2010Sold by developerOff-plan
AED 2,491,634AED 1,246 per sqft

Source: Dubai Land Department. Updated 6 December 2017.

Key facts

Type
3-bed apartment
Size
1,998 sqft
Floor
70th of 96
Parking
B2-65,B2-66
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,200 /yr
Last sold
AED 2.9M · December 2017

About 7003, Princess Tower

7003 is a three-bedroom apartment of 1,998 sqft on the 70th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 6 December 2017 for AED 2,900,000, or AED 1,451 per sqft, 9% above the AED 1,328 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 June 2016. The current contract, signed on 28 June 2016, is AED 190,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 33,200 a year.

Sales and rents for 7003 over time

Sales
Unit 7003, each saleTypical three-bed in Princess Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 2,975,180; 2010 AED 2,900,936; 2012 AED 2,900,936; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,660,000; 2024 AED 3,105,500; 2025 AED 3,200,000; 2026 AED 3,286,900Sold by developer, March 2010: AED 2,491,634 (AED 1,246 per sqft)Sold, September 2012: AED 2,491,634 (AED 1,246 per sqft)Sold, January 2013: AED 2,790,000 (AED 1,396 per sqft)Sold, December 2017: AED 2,900,000 (AED 1,451 per sqft)

7003 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7003, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 160,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 178,535; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,500; 2022 AED 126,500; 2023 AED 148,748; 2024 AED 175,000; 2025 AED 189,500; 2026 AED 175,500New contract, June 2016: AED 190,000 a year

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

3-beds in Princess Tower, and where 7003 sits

All 149 3-beds →

7003 last sold in December 2017 at AED 1,451 per sqft, 9% above what three-beds in Princess Tower were fetching at the time (AED 1,328). Over the last 12 months three-beds sold for AED 2,300,000 to 5,300,000, around AED 1,632 per sqft, and rent for AED 100,000 to 300,000 a year. 7003's AED 190,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20262,300,000
29 Jul 20262,700,000
26 Mar 20262,800,000
11 Mar 20263,300,000
9 3-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 70th floor

All 763 units in Princess Tower
Value
70012-bedAED 700K · Mar 2019
70021-bedAED 1.03M · Oct 2012
70042-bedAED 2.55M · Oct 2024
70052-bedAED 2.2M · Feb 2025
70063-bedAED 2.8M · Jan 2013
70071-bedAED 1.01M · Oct 2022
70082-bedAED 1.48M · Nov 2012
1–7 of 9

7003, Princess Tower in numbers

  • Sold 4 times: first on 10 March 2010 for AED 2,491,634, last on 6 December 2017 for AED 2,900,000 (AED 1,451 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 33,200 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 2,300,000–5,300,000 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 6 December 2017.

Questions about 7003, Princess Tower

What did unit 7003 last sell for?

AED 2,900,000 on 6 December 2017: AED 1,451 per sqft for 1,998 sqft. The unit has 4 registered sales; the first was AED 2,491,634 in March 2010.

What is the rent for unit 7003?

AED 190,000 a year on the contract signed on 28 June 2016.

How big is unit 7003?

1,998 sqft (185.6 sqm): a three-bedroom apartment on the 70th floor of a 96-storey tower completed in 2012.

What is unit 7003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 2,300,000 to 5,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 7003, Princess Tower

Starts from the last sale price (AED 2.9M, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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