1-bed · 1,062 sqftPrincess Tower, Dubai Marina · 80th floor · completed 2012

8004, Princess Tower

Sold prices and rental history: sold 4 times, last in February 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8004 · DLD and Ejari recordsUpdated 5 January 2016
Last soldAED 1.6M11 February 2014
Current rentAED 121K /yr5 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8004, Princess Tower

What is 8004 worth today?

Last sold for AED 1,600,000 in 2014

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5 Jan 2016RentedRenewal
AED 121,000/yr12 months · AED 114 per sqft
5 Jan 2015RentedNew contract
AED 113,000/yr12 months · AED 106 per sqft
11 Feb 2014SoldReady
AED 1,600,000AED 1,506 per sqft
9 Oct 2013SoldReady
AED 1,480,000AED 1,393 per sqft
24 Oct 2012SoldReady
AED 1,248,075AED 1,175 per sqft
9 Jan 2010Sold by developerOff-plan
AED 1,248,075AED 1,175 per sqft

Source: Dubai Land Department. Updated 5 January 2016.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
80th of 96
Parking
G-14
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.6M · February 2014

About 8004, Princess Tower

8004 is a one-bedroom apartment of 1,062 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 11 February 2014 for AED 1,600,000, or AED 1,506 per sqft, 16% above the AED 1,296 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 5 January 2016, is AED 121,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 8004 over time

Sales
Unit 8004, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 881,990; 2010 AED 1,035,955; 2011 AED 821,955; 2012 AED 946,239; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,242,500; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,460,000; 2026 AED 1,418,883Sold by developer, January 2010: AED 1,248,075 (AED 1,175 per sqft)Sold, October 2012: AED 1,248,075 (AED 1,175 per sqft)Sold, October 2013: AED 1,480,000 (AED 1,393 per sqft)Sold, February 2014: AED 1,600,000 (AED 1,506 per sqft)

8004 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8004, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 93,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 80,000; 2024 AED 86,000; 2025 AED 87,250; 2026 AED 80,000New contract, January 2015: AED 113,000 a yearRenewal, January 2016: AED 121,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Princess Tower, and where 8004 sits

All 285 1-beds →

8004 last sold in February 2014 at AED 1,506 per sqft, 16% above what one-beds in Princess Tower were fetching at the time (AED 1,296). Over the last 12 months one-beds sold for AED 1,231,180 to 2,050,000, around AED 1,559 per sqft, and rent for AED 60,000 to 170,000 a year. 8004's AED 121,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,231,180
18 Sep 20261,400,000
12 Sep 20261,544,713
27 Aug 20261,360,000
17 1-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
80032-bedAED 1.4M · Nov 2020
80051-bedAED 1.25M · Sep 2013
80062-bedAED 2.05M · Nov 2022

8004, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 1,248,075, last on 11 February 2014 for AED 1,600,000 (AED 1,506 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, from AED 113,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 17,700 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,231,180–2,050,000 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 5 January 2016.

Questions about 8004, Princess Tower

What did unit 8004 last sell for?

AED 1,600,000 on 11 February 2014: AED 1,506 per sqft for 1,062 sqft. The unit has 4 registered sales; the first was AED 1,248,075 in January 2010.

What is the rent for unit 8004?

AED 121,000 a year on the contract renewed on 5 January 2016. The previous contract, from January 2015, was AED 113,000.

How big is unit 8004?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 80th floor of a 96-storey tower completed in 2012.

What is unit 8004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,231,180 to 2,050,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 8004, Princess Tower

Starts from the last sale price (AED 1.6M, 11 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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