2-bed · 1,179 sqftPrincess Tower, Dubai Marina · 70th floor · completed 2012

7004, Princess Tower

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

Unit 7004 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 2.55M31 October 2024
Current rentAED 154K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7004, Princess Tower

What is 7004 worth today?

Last sold for AED 2,550,000 in 2024

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31 Oct 2024SoldReady
AED 2,550,000AED 2,163 per sqft
1 Sep 2023RentedRenewal
AED 154,000/yr12 months · AED 130 per sqft
1 Sep 2022RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
14 Oct 2021SoldReady
AED 1,675,000AED 1,420 per sqft
6 Dec 2020RentedNew contract
AED 84,000/yr13 months · AED 71 per sqft
14 Nov 2016SoldReady
AED 2,000,000AED 1,696 per sqft
26 Aug 2015RentedNew contract
AED 150,000/yr12 months · AED 127 per sqft
7 Oct 2012SoldReady
AED 2,200,000AED 1,866 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
1,179 sqft
Floor
70th of 96
Parking
P2-37
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 2.55M · October 2024

About 7004, Princess Tower

7004 is a two-bedroom apartment of 1,179 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 31 October 2024 for AED 2,550,000, or AED 2,163 per sqft, 32% above the AED 1,642 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 154,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 19,600 a year.

Sales and rents for 7004 over time

Sales
Unit 7004, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 2010: AED 1,675,085 (AED 1,421 per sqft)Sold, September 2012: AED 1,675,085 (AED 1,421 per sqft)Sold, October 2012: AED 2,200,000 (AED 1,866 per sqft)Sold, November 2016: AED 2,000,000 (AED 1,696 per sqft)Sold, October 2021: AED 1,675,000 (AED 1,420 per sqft)Sold, October 2024: AED 2,550,000 (AED 2,163 per sqft)

7004 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7004, 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 2015: AED 150,000 a yearNew contract, December 2020: AED 84,000 a yearNew contract, September 2022: AED 140,000 a yearRenewal, September 2023: AED 154,000 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 7004 sits

All 298 2-beds →

7004 last sold in October 2024 at AED 2,163 per sqft, 32% above what two-beds in Princess Tower were fetching at the time (AED 1,642). 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. 7004's AED 154,000 is in the upper 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 70th floor

All 763 units in Princess Tower
Value
70012-bedAED 700K · Mar 2019
70021-bedAED 1.03M · Oct 2012
70033-bedAED 2.9M · Dec 2017
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

7004, Princess Tower in numbers

  • Sold 6 times: first on 11 March 2010 for AED 1,675,085, last on 31 October 2024 for AED 2,550,000 (AED 2,163 per sqft).
  • Rented since August 2015 on 4 Ejari contracts. The rent fell from AED 150,000 to AED 84,000 in 2020 and recovered to AED 154,000 by September 2023.
  • At AED 154,000 a year the gross yield on the 2024 price is 6.0%, 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 31 October 2024.

Questions about 7004, Princess Tower

What did unit 7004 last sell for?

AED 2,550,000 on 31 October 2024: AED 2,163 per sqft for 1,179 sqft. The unit has 6 registered sales; the first was AED 1,675,085 in March 2010.

What is the rent for unit 7004?

AED 154,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 140,000; the unit has been rented since August 2015.

How big is unit 7004?

1,179 sqft (109.5 sqm): a two-bedroom apartment on the 70th floor of a 96-storey tower completed in 2012.

What is unit 7004 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 7004, Princess Tower

Starts from the last sale price (AED 2.55M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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