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3-bed · 2,019 sqftPrincess Tower, Dubai Marina · 74th floor · completed 2012

7406, Princess Tower

Sold prices and rental history: sold 3 times, last in July 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7406 · DLD and Ejari recordsUpdated 30 July 2018
Last soldAED 2.19M30 July 2018
Current rentAED 175K /yr20 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7406, Princess Tower

What is 7406 worth today?

Last sold for AED 2,185,000 in 2018

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30 Jul 2018SoldReady
AED 2,185,000AED 1,082 per sqft
20 Nov 2016RentedNew contract
AED 175,000/yr12 months · AED 86 per sqft
25 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
21 Apr 2014SoldReady
AED 2,587,252AED 1,281 per sqft
12 Jan 2010Sold by developerOff-plan
AED 2,587,252AED 1,281 per sqft

Source: Dubai Land Department. Updated 30 July 2018.

Key facts

Type
3-bed apartment
Size
2,019 sqft
Floor
74th of 96
Parking
B2-34
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,600 /yr
Last sold
AED 2.19M · July 2018
Building
Princess Tower

About 7406, Princess Tower

7406 is a three-bedroom apartment of 2,019 sqft on the 74th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 30 July 2018 for AED 2,185,000, or AED 1,082 per sqft, 16% below the AED 1,284 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 November 2016, is AED 175,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 33,600 a year.

Sales and rents for 7406 over time

Sales
Unit 7406, 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 2,587,252 (AED 1,281 per sqft)Sold, April 2014: AED 2,587,252 (AED 1,281 per sqft)Sold, July 2018: AED 2,185,000 (AED 1,082 per sqft)

7406 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7406, 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, September 2014: AED 200,000 a yearNew contract, November 2016: AED 175,000 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 7406 sits

All 149 3-beds →

7406 last sold in July 2018 at AED 1,082 per sqft, 16% below what three-beds in Princess Tower were fetching at the time (AED 1,284). 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. 7406's AED 175,000 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 74th floor

All 763 units in Princess Tower
Value
74012-bedAED 1.64M · Jul 2022
74021-bedAED 1.45M · Apr 2024
74033-bedAED 2.9M · Aug 2023
74071-bedAED 1.6M · May 2025
74082-bedAED 1.37M · Oct 2012

7406, Princess Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 2,587,252, last on 30 July 2018 for AED 2,185,000 (AED 1,082 per sqft).
  • Rented since September 2014 on 2 Ejari contracts, from AED 200,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2018 price is 8.0%, 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 30 July 2018.

Questions about 7406, Princess Tower

What did unit 7406 last sell for?

AED 2,185,000 on 30 July 2018: AED 1,082 per sqft for 2,019 sqft. The unit has 3 registered sales; the first was AED 2,587,252 in January 2010.

What is the rent for unit 7406?

AED 175,000 a year on the contract signed on 20 November 2016. The previous contract, from September 2014, was AED 200,000.

How big is unit 7406?

2,019 sqft (187.6 sqm): a three-bedroom apartment on the 74th floor of a 96-storey tower completed in 2012.

What is unit 7406 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 7406, Princess Tower

Starts from the last sale price (AED 2.19M, 30 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,185,000
Deposit, UAE resident (20%)
AED 437,000
Deposit, non-resident (40%)
AED 874,000
Monthly over 25 years at 3.7%
AED 8,940

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