3-bed · 2,403 sqftPrincess Tower, Dubai Marina · 73rd floor · completed 2012

7305, Princess Tower

Sold prices and rental history: sold 5 times, last in December 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7305 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 3.5M5 December 2021
Current rentAED 200K /yr23 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7305, Princess Tower

What is 7305 worth today?

Last sold for AED 3,500,000 in 2021

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5 Dec 2021SoldReady
AED 3,500,000AED 1,456 per sqft
23 Oct 2016RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
10 Feb 2016RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
4 Feb 2016SoldReady
AED 4,100,000AED 1,706 per sqft
3 Nov 2014SoldReady
AED 3,900,000AED 1,623 per sqft
1 Feb 2014RentedNew contract
AED 185,000/yr12 months · AED 77 per sqft
7 Nov 2012SoldReady
AED 3,790,065AED 1,577 per sqft
12 Jan 2010Sold by developerOff-plan
AED 3,790,065AED 1,577 per sqft

Source: Dubai Land Department. Updated 5 December 2021.

Key facts

Type
3-bed apartment
Size
2,403 sqft
Floor
73rd of 96
Parking
P1-42,P1-43
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 39,900 /yr
Last sold
AED 3.5M · December 2021

About 7305, Princess Tower

7305 is a three-bedroom apartment of 2,403 sqft on the 73rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 5 December 2021 for AED 3,500,000, or AED 1,456 per sqft, 73% above the AED 844 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 23 October 2016, is AED 200,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 39,900 a year.

Sales and rents for 7305 over time

Sales
Unit 7305, each saleTypical three-bed in Princess Tower
2M4M2009201420192024Typical 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, January 2010: AED 3,790,065 (AED 1,577 per sqft)Sold, November 2012: AED 3,790,065 (AED 1,577 per sqft)Sold, November 2014: AED 3,900,000 (AED 1,623 per sqft)Sold, February 2016: AED 4,100,000 (AED 1,706 per sqft)Sold, December 2021: AED 3,500,000 (AED 1,456 per sqft)

7305 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7305, 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, February 2014: AED 185,000 a yearNew contract, February 2016: AED 200,000 a yearNew contract, October 2016: AED 200,000 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 7305 sits

All 149 3-beds →

7305 last sold in December 2021 at AED 1,456 per sqft, 73% above what three-beds in Princess Tower were fetching at the time (AED 844). 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. 7305's AED 200,000 is in the upper 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 73rd floor

All 763 units in Princess Tower
Value
73012-bedAED 1.55M · Oct 2012
73021-bedAED 930K · May 2021
73033-bedAED 3.31M · Dec 2012
73043-bedAED 3.8M · Apr 2023
73063-bedAED 3M · Jan 2016
73071-bedAED 1.5M · Sep 2023
73082-bedAED 1.2M · Apr 2021
1–7 of 9

7305, Princess Tower in numbers

  • Sold 5 times: first on 12 January 2010 for AED 3,790,065, last on 5 December 2021 for AED 3,500,000 (AED 1,456 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 185,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 5.7%, before a service charge of about AED 39,900 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 5 December 2021.

Questions about 7305, Princess Tower

What did unit 7305 last sell for?

AED 3,500,000 on 5 December 2021: AED 1,456 per sqft for 2,403 sqft. The unit has 5 registered sales; the first was AED 3,790,065 in January 2010.

What is the rent for unit 7305?

AED 200,000 a year on the contract signed on 23 October 2016. The previous contract, from February 2016, was AED 200,000; the unit has been rented since February 2014.

How big is unit 7305?

2,403 sqft (223.2 sqm): a three-bedroom apartment on the 73rd floor of a 96-storey tower completed in 2012.

What is unit 7305 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 7305, Princess Tower

Starts from the last sale price (AED 3.5M, 5 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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