3-bed · 2,014 sqftPrincess Tower, Dubai Marina · 8th floor · completed 2012

806, Princess Tower

Sold prices and rental history: sold 3 times, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 25 December 2019
Last soldAED 1.42M25 December 2019
Current rentAED 130K /yr15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Princess Tower

What is 806 worth today?

Last sold for AED 1,420,000 in 2019

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25 Dec 2019SoldReady
AED 1,420,000AED 705 per sqft
15 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
23 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 84 per sqft
16 Apr 2016RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
15 Apr 2015RentedNew contract
AED 185,000/yr12 months · AED 92 per sqft
15 Apr 2014RentedNew contract
AED 185,000/yr12 months · AED 92 per sqft
20 May 2013RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
6 May 2013SoldReady
AED 1,443,636AED 716 per sqft

Source: Dubai Land Department. Updated 25 December 2019.

Key facts

Type
3-bed apartment
Size
2,014 sqft
Floor
8th of 96
Parking
B5-81,B5-84
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,500 /yr
Last sold
AED 1.42M · December 2019

About 806, Princess Tower

806 is a three-bedroom apartment of 2,014 sqft on the 8th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 December 2019 for AED 1,420,000, or AED 705 per sqft, 21% below the AED 895 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 October 2018, is AED 130,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 33,500 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, December 2009: AED 2,887,271 (AED 1,433 per sqft)Sold, May 2013: AED 1,443,636 (AED 716 per sqft)Sold, December 2019: AED 1,420,000 (AED 705 per sqft)

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

Rents
Unit 806, 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, May 2013: AED 150,000 a yearNew contract, April 2014: AED 185,000 a yearNew contract, April 2015: AED 185,000 a yearNew contract, April 2016: AED 190,000 a yearNew contract, March 2017: AED 170,000 a yearNew contract, October 2018: AED 130,000 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 806 sits

All 149 3-beds →

806 last sold in December 2019 at AED 705 per sqft, 21% below what three-beds in Princess Tower were fetching at the time (AED 895). 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. 806's AED 130,000 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 8th floor

All 763 units in Princess Tower
Value
8012-bedAED 2.3M · Mar 2014
8021-bedAED 876K · Dec 2012
8033-bedAED 3.14M · Oct 2012
8042-bedAED 1.48M · Apr 2013
8052-bedAED 41K · Aug 2026
8071-bedAED 1.08M · Dec 2022
8082-bedAED 1.18M · Feb 2013
1–7 of 9

806, Princess Tower in numbers

  • Sold 3 times: first on 23 December 2009 for AED 2,887,271, last on 25 December 2019 for AED 1,420,000 (AED 705 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 33,500 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 25 December 2019.

Questions about 806, Princess Tower

What did unit 806 last sell for?

AED 1,420,000 on 25 December 2019: AED 705 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 2,887,271 in December 2009.

What is the rent for unit 806?

AED 130,000 a year on the contract signed on 15 October 2018. The previous contract, from March 2017, was AED 170,000; the unit has been rented since May 2013.

How big is unit 806?

2,014 sqft (187.1 sqm): a three-bedroom apartment on the 8th floor of a 96-storey tower completed in 2012.

What is unit 806 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 806, Princess Tower

Starts from the last sale price (AED 1.42M, 25 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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