3-bed · 2,019 sqftPrincess Tower, Dubai Marina · 73rd floor · completed 2012

7306, Princess Tower

Sold prices and rental history: sold 3 times, last in January 2016, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7306 · DLD and Ejari recordsUpdated 4 January 2016
Last soldAED 3M4 January 2016
Current rentAED 155K /yr1 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7306, Princess Tower

What is 7306 worth today?

Last sold for AED 3,000,000 in 2016

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4 Jan 2016SoldReady
AED 3,000,000AED 1,486 per sqft
1 Feb 2013RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
27 Dec 2012SoldReady
AED 2,733,115AED 1,353 per sqft
12 Jan 2010Sold by developerOff-plan
AED 2,733,115AED 1,353 per sqft

Source: Dubai Land Department. Updated 4 January 2016.

Key facts

Type
3-bed apartment
Size
2,019 sqft
Floor
73rd of 96
Parking
B1-52,B1-53
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,600 /yr
Last sold
AED 3M · January 2016

About 7306, Princess Tower

7306 is a three-bedroom apartment of 2,019 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 4 January 2016 for AED 3,000,000, or AED 1,486 per sqft, in line with the AED 1,465 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2013. The current contract, signed on 1 February 2013, is AED 155,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 33,600 a year.

Sales and rents for 7306 over time

Sales
Unit 7306, 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, January 2010: AED 2,733,115 (AED 1,353 per sqft)Sold, December 2012: AED 2,733,115 (AED 1,353 per sqft)Sold, January 2016: AED 3,000,000 (AED 1,486 per sqft)

7306 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7306, 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 2013: AED 155,000 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 7306 sits

All 149 3-beds →

7306 last sold in January 2016 at AED 1,486 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,465). 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. 7306's AED 155,000 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 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
73053-bedAED 3.5M · Dec 2021
73071-bedAED 1.5M · Sep 2023
73082-bedAED 1.2M · Apr 2021
1–7 of 9

7306, Princess Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 2,733,115, last on 4 January 2016 for AED 3,000,000 (AED 1,486 per sqft).
  • Rented since February 2013 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 33,600 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 4 January 2016.

Questions about 7306, Princess Tower

What did unit 7306 last sell for?

AED 3,000,000 on 4 January 2016: AED 1,486 per sqft for 2,019 sqft. The unit has 3 registered sales; the first was AED 2,733,115 in January 2010.

What is the rent for unit 7306?

AED 155,000 a year on the contract signed on 1 February 2013.

How big is unit 7306?

2,019 sqft (187.6 sqm): a three-bedroom apartment on the 73rd floor of a 96-storey tower completed in 2012.

What is unit 7306 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 7306, Princess Tower

Starts from the last sale price (AED 3M, 4 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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