2-bed · 1,311 sqftPrincess Tower, Dubai Marina · 76th floor · completed 2012

7601, Princess Tower

Sold prices and rental history: sold 4 times, last in March 2020, and rented once, from July 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7601 · DLD and Ejari recordsUpdated 17 March 2020
Last soldAED 1.38M17 March 2020
Current rentAED 120K /yr26 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7601, Princess Tower

What is 7601 worth today?

Last sold for AED 1,375,000 in 2020

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17 Mar 2020SoldReady
AED 1,375,000AED 1,049 per sqft
26 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 91 per sqft
5 Jul 2015SoldReady
AED 1,400,000AED 1,068 per sqft
2 Jan 2013SoldReady
AED 1,375,787AED 1,049 per sqft
9 Jan 2010Sold by developerOff-plan
AED 1,375,787AED 1,049 per sqft

Source: Dubai Land Department. Updated 17 March 2020.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
76th of 96
Parking
P1-66
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.38M · March 2020

About 7601, Princess Tower

7601 is a two-bedroom apartment of 1,311 sqft on the 76th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 March 2020 for AED 1,375,000, or AED 1,049 per sqft, 4% above the AED 1,012 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 July 2017. The current contract, signed on 26 July 2017, is AED 120,000 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 21,800 a year.

Sales and rents for 7601 over time

Sales
Unit 7601, 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 1,375,787 (AED 1,049 per sqft)Sold, January 2013: AED 1,375,787 (AED 1,049 per sqft)Sold, July 2015: AED 1,400,000 (AED 1,068 per sqft)Sold, March 2020: AED 1,375,000 (AED 1,049 per sqft)

7601 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7601, 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, July 2017: AED 120,000 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 7601 sits

All 298 2-beds →

7601 last sold in March 2020 at AED 1,049 per sqft, 4% above what two-beds in Princess Tower were fetching at the time (AED 1,012). 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. 7601's AED 120,000 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 76th floor

All 763 units in Princess Tower
Value
76021-bedAED 1.25M · Apr 2018
76033-bedAED 3M · Mar 2018
76063-bedAED 2.2M · May 2019
76071-bedAED 1.32M · Jun 2023
76082-bedAED 1.63M · Mar 2018

7601, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 1,375,787, last on 17 March 2020 for AED 1,375,000 (AED 1,049 per sqft).
  • Rented since July 2017 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 8.7%, 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 17 March 2020.

Questions about 7601, Princess Tower

What did unit 7601 last sell for?

AED 1,375,000 on 17 March 2020: AED 1,049 per sqft for 1,311 sqft. The unit has 4 registered sales; the first was AED 1,375,787 in January 2010.

What is the rent for unit 7601?

AED 120,000 a year on the contract signed on 26 July 2017.

How big is unit 7601?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 76th floor of a 96-storey tower completed in 2012.

What is unit 7601 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 7601, Princess Tower

Starts from the last sale price (AED 1.38M, 17 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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