2-bed · 1,311 sqftPrincess Tower, Dubai Marina · 72nd floor · completed 2012

7208, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7208 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.36M25 December 2012
Current rentAED 115K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7208, Princess Tower

What is 7208 worth today?

Last sold for AED 1,363,778 in 2012

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1 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
22 Jun 2022RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
22 Jun 2021RentedRenewal
AED 70,000/yr12 months · AED 53 per sqft
22 Jun 2020RentedRenewal
AED 70,000/yr12 months · AED 53 per sqft
22 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
18 May 2018RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
18 May 2017RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
19 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
72nd of 96
Parking
P1-28
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.36M · December 2012

About 7208, Princess Tower

7208 is a two-bedroom apartment of 1,311 sqft on the 72nd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 December 2012 for AED 1,363,778, or AED 1,040 per sqft, 14% below the AED 1,212 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 September 2023, is AED 115,000 a year: a gross yield of 8.4% on the 2012 price, before the service charge of about AED 21,800 a year.

Sales and rents for 7208 over time

Sales
Unit 7208, 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, January 2010: AED 1,363,778 (AED 1,040 per sqft)Sold, December 2012: AED 1,363,778 (AED 1,040 per sqft)

7208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7208, 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, February 2013: AED 110,000 a yearRenewal, February 2014: AED 120,000 a yearNew contract, February 2015: AED 120,000 a yearNew contract, May 2017: AED 115,000 a yearNew contract, May 2018: AED 105,000 a yearNew contract, June 2019: AED 85,000 a yearRenewal, June 2020: AED 70,000 a yearRenewal, June 2021: AED 70,000 a yearRenewal, June 2022: AED 75,000 a yearNew contract, September 2023: AED 115,000 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 7208 sits

All 298 2-beds →

7208 last sold in December 2012 at AED 1,040 per sqft, 14% below what two-beds in Princess Tower were fetching at the time (AED 1,212). 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. 7208's AED 115,000 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 72nd floor

All 763 units in Princess Tower
Value
72012-bedAED 988K · Oct 2016
72021-bedAED 1.06M · Jan 2013
72033-bedAED 3.4M · Nov 2025
72063-bedAED 2.5M · May 2018
72071-bedAED 959K · Dec 2012

7208, Princess Tower in numbers

  • Sold twice: first on 12 January 2010 for AED 1,363,778, last on 25 December 2012 for AED 1,363,778 (AED 1,040 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 115,000 by September 2023.
  • At AED 115,000 a year the gross yield on the 2012 price is 8.4%, before a service charge of about AED 21,800 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 1 September 2023.

Questions about 7208, Princess Tower

What did unit 7208 last sell for?

AED 1,363,778 on 25 December 2012: AED 1,040 per sqft for 1,311 sqft. The unit has 2 registered sales; the first was AED 1,363,778 in January 2010.

What is the rent for unit 7208?

AED 115,000 a year on the contract signed on 1 September 2023. The previous contract, from June 2022, was AED 75,000; the unit has been rented since February 2013.

How big is unit 7208?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 72nd floor of a 96-storey tower completed in 2012.

What is unit 7208 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 7208, Princess Tower

Starts from the last sale price (AED 1.36M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,778
Deposit, UAE resident (20%)
AED 272,756
Deposit, non-resident (40%)
AED 545,511
Monthly over 25 years at 3.7%
AED 5,580

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