2-bed · 1,733 sqftPrincess Tower, Dubai Marina · 73rd floor · completed 2012

7310, Princess Tower

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

Unit 7310 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.33M13 January 2013
Current rentAED 105K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7310, Princess Tower

What is 7310 worth today?

Last sold for AED 1,331,214 in 2013

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15 Aug 2022RentedNew contract
AED 105,000/yr12 months · AED 61 per sqft
10 May 2021RentedNew contract
AED 95,000/yr12 months · AED 55 per sqft
14 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedRenewal
AED 96,399/yr12 months · AED 56 per sqft
1 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft
7 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 89 per sqft
13 Jan 2013SoldReady
AED 1,331,214AED 768 per sqft
12 Jan 2010Sold by developerOff-plan
AED 2,662,428AED 1,536 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
2-bed apartment
Size
1,733 sqft
Floor
73rd of 96
Parking
B2-28
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 28,800 /yr
Last sold
AED 1.33M · January 2013

About 7310, Princess Tower

7310 is a two-bedroom apartment of 1,733 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 13 January 2013 for AED 1,331,214, or AED 768 per sqft, 36% below the AED 1,209 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 August 2022, is AED 105,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 28,800 a year.

Sales and rents for 7310 over time

Sales
Unit 7310, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 2,662,428 (AED 1,536 per sqft)Sold, January 2013: AED 1,331,214 (AED 768 per sqft)

7310 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7310, 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 2016: AED 155,000 a yearNew contract, February 2018: AED 115,000 a yearRenewal, February 2019: AED 96,399 a yearRenewal, February 2020: AED 90,000 a yearNew contract, May 2021: AED 95,000 a yearNew contract, August 2022: AED 105,000 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 7310 sits

All 298 2-beds →

7310 last sold in January 2013 at AED 768 per sqft, 36% below what two-beds in Princess Tower were fetching at the time (AED 1,209). 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. 7310's AED 105,000 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

7310, Princess Tower in numbers

  • Sold twice: first on 12 January 2010 for AED 2,662,428, last on 13 January 2013 for AED 1,331,214 (AED 768 per sqft).
  • Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2020 and recovered to AED 105,000 by August 2022.
  • At AED 105,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 28,800 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 15 August 2022.

Questions about 7310, Princess Tower

What did unit 7310 last sell for?

AED 1,331,214 on 13 January 2013: AED 768 per sqft for 1,733 sqft. The unit has 2 registered sales; the first was AED 2,662,428 in January 2010.

What is the rent for unit 7310?

AED 105,000 a year on the contract signed on 15 August 2022. The previous contract, from May 2021, was AED 95,000; the unit has been rented since February 2016.

How big is unit 7310?

1,733 sqft (161.0 sqm): a two-bedroom apartment on the 73rd floor of a 96-storey tower completed in 2012.

What is unit 7310 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 7310, Princess Tower

Starts from the last sale price (AED 1.33M, 13 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,331,214
Deposit, UAE resident (20%)
AED 266,243
Deposit, non-resident (40%)
AED 532,486
Monthly over 25 years at 3.7%
AED 5,446

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