7408, Princess Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7408, Princess Tower
What is 7408 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,311 sqft
- Floor
- 74th of 96
- Parking
- P1-01
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.37M · October 2012
- Building
- Princess Tower
About 7408, Princess Tower
7408 is a two-bedroom apartment of 1,311 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 14 October 2012 for AED 1,369,778, or AED 1,045 per sqft, 17% below the AED 1,253 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 135,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 21,800 a year.
Sales and rents for 7408 over time
7408 has sold twice; the dashed line is the two-bed median of each year in the building.
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 7408 sits
All 298 2-beds →7408 last sold in October 2012 at AED 1,045 per sqft, 17% below what two-beds in Princess Tower were fetching at the time (AED 1,253). 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. 7408's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,189 sqft | 40,505 | 34 | ||
| 10 Aug 202610 August 2026 | 1,314 sqft | 131,419 | 100 | ||
| 3 Aug 20263 August 2026 | 1,183 sqft | 1,800,000 | 1,522 | ||
| 6 May 20266 May 2026 | 1,733 sqft | 2,575,000 | 1,486 |
Princess Tower
Building763 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%
Other units on the 74th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7401 | 2-bed | 1,311 sqft | AED 1.64MAED 1,640,000 · Jul 2022July 2022 | 125,000 /yr | |
| 7402 | 1-bed | 924 sqft | AED 1.45MAED 1,450,000 · Apr 2024April 2024 | 110,000 /yr | |
| 7403 | 3-bed | 2,019 sqft | AED 2.9MAED 2,900,000 · Aug 2023August 2023 | 115,000 /yr | |
| 7406 | 3-bed | 2,019 sqft | AED 2.19MAED 2,185,000 · Jul 2018July 2018 | 175,000 /yr | |
| 7407 | 1-bed | 924 sqft | AED 1.6MAED 1,600,000 · May 2025May 2025 | 71,610 /yr |
7408, Princess Tower in numbers
- Sold twice: first on 12 January 2010 for AED 1,369,778, last on 14 October 2012 for AED 1,369,778 (AED 1,045 per sqft).
- Rented since July 2014 on 13 Ejari contracts. The rent fell from AED 160,000 to AED 95,000 in 2021 and recovered to AED 135,000 by September 2026.
- At AED 135,000 a year the gross yield on the 2012 price is 9.9%, 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 1 September 2026.
Questions about 7408, Princess Tower
What did unit 7408 last sell for?
AED 1,369,778 on 14 October 2012: AED 1,045 per sqft for 1,311 sqft. The unit has 2 registered sales; the first was AED 1,369,778 in January 2010.
What is the rent for unit 7408?
AED 135,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 135,000; the unit has been rented since July 2014.
How big is unit 7408?
1,311 sqft (121.8 sqm): a two-bedroom apartment on the 74th floor of a 96-storey tower completed in 2012.
What is unit 7408 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 7408, Princess Tower
Starts from the last sale price (AED 1.37M, 14 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,369,778
- Deposit, UAE resident (20%)
- AED 273,956
- Deposit, non-resident (40%)
- AED 547,911
- Monthly over 25 years at 3.7%
- AED 5,604
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →