709, Princess Tower
Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Princess Tower
What is 709 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 865 sqft
- Floor
- 7th of 96
- Parking
- B6-96
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 14,400 /yr
- Last sold
- AED 1.2M · October 2024
- Building
- Princess Tower
About 709, Princess Tower
709 is a one-bedroom apartment of 865 sqft on the 7th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 16 October 2024 for AED 1,200,000, or AED 1,387 per sqft, 9% below the AED 1,528 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 June 2023, is AED 68,200 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 14,400 a year.
Sales and rents for 709 over time
709 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 709 sits
All 285 1-beds →709 last sold in October 2024 at AED 1,387 per sqft, 9% below what one-beds in Princess Tower were fetching at the time (AED 1,528). 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. 709's AED 68,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 923 sqft | 1,231,180 | 1,334 | ||
| 18 Sep 202618 September 2026 | 924 sqft | 1,400,000 | 1,515 | ||
| 12 Sep 202612 September 2026 | 862 sqft | 1,544,713 | 1,791 | ||
| 27 Aug 202627 August 2026 | 923 sqft | 1,360,000 | 1,472 |
Princess Tower
Building763 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%
Other units on the 7th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,314 sqft | AED 1.65MAED 1,650,000 · Feb 2016February 2016 | ||
| 702 | 1-bed | 923 sqft | AED 873KAED 873,180 · Dec 2012December 2012 | 90,000 /yr | |
| 703 | 3-bed | 2,014 sqft | AED 3.21MAED 3,211,000 · Oct 2024October 2024 | 105,000 /yr | |
| 704 | 2-bed | 1,189 sqft | AED 1.24MAED 1,235,000 · Mar 2021March 2021 | 100,000 /yr | |
| 705 | 2-bed | 1,189 sqft | AED 1.7MAED 1,700,000 · May 2013May 2013 | 115,000 /yr | |
| 706 | 3-bed | 2,014 sqft | AED 3.09MAED 3,090,000 · Oct 2016October 2016 | 200,000 /yr | |
| 707 | 1-bed | 923 sqft | AED 1.27MAED 1,265,000 · Apr 2024April 2024 | 75,000 /yr | |
| 708 | 2-bed | 1,314 sqft | AED 863KAED 862,500 · Apr 2017April 2017 | 130,000 /yr | |
| 710 | 1-bed | 864 sqft | AED 1.3MAED 1,300,000 · May 2023May 2023 | 75,000 /yr |
709, Princess Tower in numbers
- Sold 5 times: first on 23 December 2009 for AED 708,750, last on 16 October 2024 for AED 1,200,000 (AED 1,387 per sqft).
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2021 and recovered to AED 68,200 by June 2023.
- At AED 68,200 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 14,400 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 16 October 2024.
Questions about 709, Princess Tower
What did unit 709 last sell for?
AED 1,200,000 on 16 October 2024: AED 1,387 per sqft for 865 sqft. The unit has 5 registered sales; the first was AED 708,750 in December 2009.
What is the rent for unit 709?
AED 68,200 a year on the contract renewed on 20 June 2023. The previous contract, from June 2022, was AED 62,000; the unit has been rented since June 2013.
How big is unit 709?
865 sqft (80.4 sqm): a one-bedroom apartment on the 7th floor of a 96-storey tower completed in 2012.
What is unit 709 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 709, Princess Tower
Starts from the last sale price (AED 1.2M, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →