2-bed · 1,765 sqftPrincess Tower, Dubai Marina · 80th floor · completed 2012

8003, Princess Tower

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8003 · DLD and Ejari recordsUpdated 4 November 2020
Last soldAED 1.4M4 November 2020
Current rentAED 100K /yr20 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8003, Princess Tower

What is 8003 worth today?

Last sold for AED 1,400,000 in 2020

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4 Nov 2020SoldReady
AED 1,400,000AED 793 per sqft
20 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
28 Mar 2018RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
25 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 88 per sqft
1 Jan 2014RentedNew contract
AED 155,000/yr12 months · AED 88 per sqft
29 Dec 2012SoldReady
AED 2,094,080AED 1,186 per sqft
9 Jan 2010Sold by developerOff-plan
AED 2,094,080AED 1,186 per sqft

Source: Dubai Land Department. Updated 4 November 2020.

Key facts

Type
2-bed apartment
Size
1,765 sqft
Floor
80th of 96
Parking
B1-43
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 1.4M · November 2020

About 8003, Princess Tower

8003 is a two-bedroom apartment of 1,765 sqft on the 80th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 4 November 2020 for AED 1,400,000, or AED 793 per sqft, 9% below the AED 875 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 August 2019, is AED 100,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 29,300 a year.

Sales and rents for 8003 over time

Sales
Unit 8003, 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 2,094,080 (AED 1,186 per sqft)Sold, December 2012: AED 2,094,080 (AED 1,186 per sqft)Sold, November 2020: AED 1,400,000 (AED 793 per sqft)

8003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8003, 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, January 2014: AED 155,000 a yearNew contract, February 2016: AED 155,000 a yearNew contract, March 2018: AED 145,000 a yearNew contract, August 2019: AED 100,000 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 8003 sits

All 298 2-beds →

8003 last sold in November 2020 at AED 793 per sqft, 9% below what two-beds in Princess Tower were fetching at the time (AED 875). 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. 8003's AED 100,000 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 80th floor

All 763 units in Princess Tower
Value
80014-bedAED 3.7M · Aug 2021
80024-bedAED 6M · Nov 2024
80041-bedAED 1.6M · Feb 2014
80051-bedAED 1.25M · Sep 2013
80062-bedAED 2.05M · Nov 2022

8003, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 2,094,080, last on 4 November 2020 for AED 1,400,000 (AED 793 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 155,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 29,300 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 4 November 2020.

Questions about 8003, Princess Tower

What did unit 8003 last sell for?

AED 1,400,000 on 4 November 2020: AED 793 per sqft for 1,765 sqft. The unit has 3 registered sales; the first was AED 2,094,080 in January 2010.

What is the rent for unit 8003?

AED 100,000 a year on the contract signed on 20 August 2019. The previous contract, from March 2018, was AED 145,000; the unit has been rented since January 2014.

How big is unit 8003?

1,765 sqft (164.0 sqm): a two-bedroom apartment on the 80th floor of a 96-storey tower completed in 2012.

What is unit 8003 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 8003, Princess Tower

Starts from the last sale price (AED 1.4M, 4 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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