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

8502, Princess Tower

Sold prices and rental history: sold 4 times, last in March 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8502 · DLD and Ejari recordsUpdated 21 March 2019
Last soldAED 4.35M21 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 8502, Princess Tower

What is 8502 worth today?

Last sold for AED 4,350,000 in 2019

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21 Mar 2019SoldReady
AED 4,350,000AED 1,368 per sqft
14 Oct 2012SoldReady
AED 4,075,000AED 1,281 per sqft
6 Jul 2011SoldOff-plan
AED 3,900,000AED 1,226 per sqft
9 Jan 2010Sold by developerOff-plan
AED 4,075,000AED 1,281 per sqft

Source: Dubai Land Department. Updated 21 March 2019.

Key facts

Type
4-bed apartment
Size
3,179 sqft
Floor
85th of 96
Parking
P1-18,P1-19
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 52,800 /yr
Last sold
AED 4.35M · March 2019
Building
Princess Tower

About 8502, Princess Tower

8502 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 21 March 2019 for AED 4,350,000, or AED 1,368 per sqft, 14% above the AED 1,195 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 8502 over time

Sales
Unit 8502, 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 4,075,000 (AED 1,281 per sqft)Sold, July 2011: AED 3,900,000 (AED 1,226 per sqft)Sold, October 2012: AED 4,075,000 (AED 1,281 per sqft)Sold, March 2019: AED 4,350,000 (AED 1,368 per sqft)

8502 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8502, 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 300,000

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 8502 sits

All 22 4-beds →

8502 last sold in March 2019 at AED 1,368 per sqft, 14% above what four-beds in Princess Tower were fetching at the time (AED 1,195). 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.

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
85014-bedAED 3.98M · Dec 2012
85032-bedAED 2.5M · Feb 2013
85041-bedAED 1.52M · Dec 2012
85051-bedAED 1.27M · Dec 2012
85062-bedAED 2.43M · Feb 2024

8502, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 4,075,000, last on 21 March 2019 for AED 4,350,000 (AED 1,368 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 21 March 2019.

Questions about 8502, Princess Tower

What did unit 8502 last sell for?

AED 4,350,000 on 21 March 2019: AED 1,368 per sqft for 3,179 sqft. The unit has 4 registered sales; the first was AED 4,075,000 in January 2010.

How big is unit 8502?

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 8502 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 8502, Princess Tower

Starts from the last sale price (AED 4.35M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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