4-bed · 3,179 sqftPrincess Tower, Dubai Marina · 85th floor · completed 2012

8501, Princess Tower

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8501 · DLD and Ejari recordsUpdated 3 March 2022
Last soldAED 3.98M12 December 2012
Current rentAED 205K /yr3 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8501, Princess Tower

What is 8501 worth today?

Last sold for AED 3,975,000 in 2012

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3 Mar 2022RentedRenewal
AED 205,000/yr12 months · AED 64 per sqft
3 Sep 2021RentedRenewal
AED 205,000/yr6 months · AED 64 per sqft
3 Jun 2021RentedRenewal
AED 205,000/yr3 months · AED 64 per sqft
3 Jun 2020RentedRenewal
AED 205,000/yr12 months · AED 64 per sqft
3 Jun 2019RentedRenewal
AED 205,000/yr12 months · AED 64 per sqft
3 Jun 2018RentedRenewal
AED 231,000/yr12 months · AED 73 per sqft
3 Jun 2017RentedRenewal
AED 231,000/yr12 months · AED 73 per sqft
3 Jun 2016RentedNew contract
AED 210,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 3 March 2022.

Key facts

Type
4-bed apartment
Size
3,179 sqft
Floor
85th of 96
Parking
B1-41,B1-42
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 52,800 /yr
Last sold
AED 3.98M · December 2012

About 8501, Princess Tower

8501 is a four-bedroom apartment of 3,179 sqft on the 85th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 12 December 2012 for AED 3,975,000, or AED 1,250 per sqft, in line with the AED 1,270 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 3 March 2022, is AED 205,000 a year: a gross yield of 5.2% on the 2012 price, before the service charge of about AED 52,800 a year.

Sales and rents for 8501 over time

Sales
Unit 8501, each saleTypical four-bed in Princess Tower
4M6M2010201520202025Typical sale price by year: 2010 AED 4,030,000; 2012 AED 4,009,500; 2013 AED 4,275,000; 2014 AED 4,900,000; 2018 AED 3,500,000; 2019 AED 3,200,000; 2021 AED 3,525,000; 2025 AED 6,179,665; 2026 AED 4,100,000Sold by developer, January 2010: AED 3,975,000 (AED 1,250 per sqft)Sold, January 2010: AED 3,975,000 (AED 1,250 per sqft)Sold, December 2012: AED 3,975,000 (AED 1,250 per sqft)

8501 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8501, each contractTypical four-bed in Princess Tower
200K300K2013201720212025Typical rent by year: 2013 AED 225,000; 2014 AED 240,000; 2015 AED 253,375; 2016 AED 235,000; 2017 AED 225,000; 2018 AED 225,000; 2019 AED 196,500; 2020 AED 173,000; 2021 AED 167,500; 2022 AED 200,000; 2023 AED 270,175; 2024 AED 315,000; 2025 AED 270,000; 2026 AED 300,000New contract, December 2014: AED 300,000 a yearNew contract, June 2016: AED 210,000 a yearRenewal, June 2017: AED 231,000 a yearRenewal, June 2018: AED 231,000 a yearRenewal, June 2019: AED 205,000 a yearRenewal, June 2020: AED 205,000 a yearRenewal, June 2021: AED 205,000 a yearRenewal, September 2021: AED 205,000 a yearRenewal, March 2022: AED 205,000 a year

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

4-beds in Princess Tower, and where 8501 sits

All 22 4-beds →

8501 last sold in December 2012 at AED 1,250 per sqft, in line with what four-beds in Princess Tower were fetching at the time (AED 1,270). Over the last 12 months four-beds sold for AED 4,000,000 to 5,112,750, around AED 1,608 per sqft, and rent for AED 290,000 to 325,000 a year. 8501's AED 205,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
24 Jul 20264,100,000
10 Jul 20265,112,750
26 Feb 20264,000,000
26 Aug 20254,750,000
3 4-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 85th floor

All 763 units in Princess Tower
Value
85024-bedAED 4.35M · Mar 2019
85032-bedAED 2.5M · Feb 2013
85041-bedAED 1.52M · Dec 2012
85051-bedAED 1.27M · Dec 2012
85062-bedAED 2.43M · Feb 2024

8501, Princess Tower in numbers

  • Sold 3 times: first on 12 January 2010 for AED 3,975,000, last on 12 December 2012 for AED 3,975,000 (AED 1,250 per sqft).
  • Rented since December 2014 on 9 Ejari contracts, from AED 300,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2012 price is 5.2%, before a service charge of about AED 52,800 a year (AED 16.62 per sqft).
  • Four-beds in Princess Tower sold for AED 4,000,000–5,112,750 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 3 March 2022.

Questions about 8501, Princess Tower

What did unit 8501 last sell for?

AED 3,975,000 on 12 December 2012: AED 1,250 per sqft for 3,179 sqft. The unit has 3 registered sales; the first was AED 3,975,000 in January 2010.

What is the rent for unit 8501?

AED 205,000 a year on the contract renewed on 3 March 2022. The previous contract, from September 2021, was AED 205,000; the unit has been rented since December 2014.

How big is unit 8501?

3,179 sqft (295.3 sqm): a four-bedroom apartment on the 85th floor of a 96-storey tower completed in 2012.

What is unit 8501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Princess Tower sold for AED 4,000,000 to 5,112,750 in the last 12 months, around AED 1,608 per sqft.

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Mortgage on 8501, Princess Tower

Starts from the last sale price (AED 3.98M, 12 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,975,000
Deposit, UAE resident (20%)
AED 795,000
Deposit, non-resident (40%)
AED 1,590,000
Monthly over 25 years at 3.7%
AED 16,263

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