2-bed · 1,311 sqftPrincess Tower, Dubai Marina · 73rd floor · completed 2012

7308, Princess Tower

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7308 · DLD and Ejari recordsUpdated 3 January 2022
Last soldAED 1.2M7 April 2021
Current rentAED 80K /yr3 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7308, Princess Tower

What is 7308 worth today?

Last sold for AED 1,200,000 in 2021

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3 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
4 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
10 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
7 Apr 2021SoldReady
AED 1,200,000AED 915 per sqft
31 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
26 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
17 Dec 2012SoldReady
AED 1,641,913AED 1,252 per sqft
12 Jan 2010Sold by developerOff-plan
AED 1,641,913AED 1,252 per sqft

Source: Dubai Land Department. Updated 3 January 2022.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
73rd of 96
Parking
G-13
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.2M · April 2021

About 7308, Princess Tower

7308 is a two-bedroom apartment of 1,311 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 7 April 2021 for AED 1,200,000, or AED 915 per sqft, 7% above the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 3 January 2022, is AED 80,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 21,800 a year.

Sales and rents for 7308 over time

Sales
Unit 7308, 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 1,641,913 (AED 1,252 per sqft)Sold, December 2012: AED 1,641,913 (AED 1,252 per sqft)Sold, April 2021: AED 1,200,000 (AED 915 per sqft)

7308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7308, 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, December 2018: AED 90,000 a yearNew contract, March 2021: AED 75,000 a yearNew contract, November 2021: AED 90,000 a yearNew contract, December 2021: AED 80,000 a yearNew contract, January 2022: AED 80,000 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 7308 sits

All 298 2-beds →

7308 last sold in April 2021 at AED 915 per sqft, 7% above what two-beds in Princess Tower were fetching at the time (AED 854). 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. 7308's AED 80,000 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 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
73063-bedAED 3M · Jan 2016
73071-bedAED 1.5M · Sep 2023
1–7 of 9

7308, Princess Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 1,641,913, last on 7 April 2021 for AED 1,200,000 (AED 915 per sqft).
  • Rented since December 2018 on 5 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 6.7%, 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 3 January 2022.

Questions about 7308, Princess Tower

What did unit 7308 last sell for?

AED 1,200,000 on 7 April 2021: AED 915 per sqft for 1,311 sqft. The unit has 3 registered sales; the first was AED 1,641,913 in January 2010.

What is the rent for unit 7308?

AED 80,000 a year on the contract signed on 3 January 2022. The previous contract, from December 2021, was AED 80,000; the unit has been rented since December 2018.

How big is unit 7308?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 73rd floor of a 96-storey tower completed in 2012.

What is unit 7308 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 7308, Princess Tower

Starts from the last sale price (AED 1.2M, 7 April 2021). 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 →