1-bed · 1,062 sqftPrincess Tower, Dubai Marina · 84th floor · completed 2012

8405, Princess Tower

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

Unit 8405 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 1.27M10 February 2013
Current rentAED 100K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8405, Princess Tower

What is 8405 worth today?

Last sold for AED 1,268,075 in 2013

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12 Dec 2024RentedRenewal
AED 100,000/yr12 months · AED 95 per sqft
12 Dec 2024RentedRenewal
AED 100,000/yr12 months · AED 95 per sqft
12 Dec 2023RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
6 Nov 2022RentedRenewal
AED 66,000/yr12 months · AED 62 per sqft
6 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
14 Oct 2020RentedNew contract
AED 52,000/yr12 months · AED 49 per sqft
7 Jul 2018RentedNew contract
AED 87,500/yr12 months · AED 82 per sqft
3 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
84th of 96
Parking
P1-87
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.27M · February 2013

About 8405, Princess Tower

8405 is a one-bedroom apartment of 1,062 sqft on the 84th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 10 February 2013 for AED 1,268,075, or AED 1,194 per sqft, 13% above the AED 1,055 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 100,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 8405 over time

Sales
Unit 8405, 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 1,268,075 (AED 1,194 per sqft)Sold, February 2013: AED 1,268,075 (AED 1,194 per sqft)

8405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8405, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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, July 2013: AED 85,000 a yearRenewal, July 2014: AED 89,250 a yearNew contract, July 2016: AED 105,000 a yearNew contract, July 2018: AED 87,500 a yearNew contract, October 2020: AED 52,000 a yearNew contract, November 2021: AED 60,000 a yearRenewal, November 2022: AED 66,000 a yearNew contract, December 2023: AED 95,000 a yearRenewal, December 2024: AED 100,000 a yearRenewal, December 2024: AED 100,000 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 8405 sits

All 285 1-beds →

8405 last sold in February 2013 at AED 1,194 per sqft, 13% above what one-beds in Princess Tower were fetching at the time (AED 1,055). 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. 8405's AED 100,000 is in the lower 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 84th floor

All 763 units in Princess Tower
Value
84014-bedAED 3.2M · Jun 2019
84024-bedAED 4.1M · Jul 2026
84032-bedAED 1.4M · Jan 2021
84041-bedAED 1.85M · Mar 2026
84062-bedAED 2.9M · Oct 2024

8405, Princess Tower in numbers

  • Sold twice: first on 9 January 2010 for AED 1,268,075, last on 10 February 2013 for AED 1,268,075 (AED 1,194 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 52,000 in 2020 and recovered to AED 100,000 by December 2024.
  • At AED 100,000 a year the gross yield on the 2013 price is 7.9%, 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 12 December 2024.

Questions about 8405, Princess Tower

What did unit 8405 last sell for?

AED 1,268,075 on 10 February 2013: AED 1,194 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 1,268,075 in January 2010.

What is the rent for unit 8405?

AED 100,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2024, was AED 100,000; the unit has been rented since July 2013.

How big is unit 8405?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 84th floor of a 96-storey tower completed in 2012.

What is unit 8405 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 8405, Princess Tower

Starts from the last sale price (AED 1.27M, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,075
Deposit, UAE resident (20%)
AED 253,615
Deposit, non-resident (40%)
AED 507,230
Monthly over 25 years at 3.7%
AED 5,188

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