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4-bed · 3,179 sqftPrincess Tower, Dubai Marina · 86th floor · completed 2012

8601, Princess Tower

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

Unit 8601 · DLD and Ejari recordsUpdated 15 September 2020
Last soldAED 2.7M29 May 2019
Current rentAED 210K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 8601, Princess Tower

What is 8601 worth today?

Last sold for AED 2,700,000 in 2019

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15 Sep 2020RentedNew contract
AED 210,000/yr12 months · AED 66 per sqft
29 May 2019SoldReady
AED 2,700,000AED 849 per sqft
15 Jun 2014RentedNew contract
AED 350,000/yr12 months · AED 110 per sqft
15 Jun 2013RentedNew contract
AED 302,000/yr12 months · AED 95 per sqft
23 Dec 2012SoldReady
AED 2,142,000AED 673 per sqft
9 Jan 2010Sold by developerOff-plan
AED 4,284,000AED 1,347 per sqft

Source: Dubai Land Department. Updated 15 September 2020.

Key facts

Type
4-bed apartment
Size
3,179 sqft
Floor
86th of 96
Parking
P1-49,P1-50
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 52,800 /yr
Last sold
AED 2.7M · May 2019
Building
Princess Tower

About 8601, Princess Tower

8601 is a four-bedroom apartment of 3,179 sqft on the 86th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 May 2019 for AED 2,700,000, or AED 849 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 September 2020, is AED 210,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 52,800 a year.

Sales and rents for 8601 over time

Sales
Unit 8601, each saleTypical four-bed in Princess Tower
2M4M6M2010201520202025Typical 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 4,284,000 (AED 1,347 per sqft)Sold, December 2012: AED 2,142,000 (AED 673 per sqft)Sold, May 2019: AED 2,700,000 (AED 849 per sqft)

8601 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8601, 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, June 2013: AED 302,000 a yearNew contract, June 2014: AED 350,000 a yearNew contract, September 2020: AED 210,000 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 8601 sits

All 22 4-beds →

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. 8601's AED 210,000 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 86th floor

All 763 units in Princess Tower
Value
86024-bedAED 6.87M · Jan 2025
86032-bedAED 2.7M · Jan 2013
86041-bedAED 1.17M · Mar 2013
86051-bedAED 1.67M · Nov 2014
86062-bedAED 1.68M · Sep 2021

8601, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 4,284,000, last on 29 May 2019 for AED 2,700,000 (AED 849 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 302,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2019 price is 7.8%, 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 15 September 2020.

Questions about 8601, Princess Tower

What did unit 8601 last sell for?

AED 2,700,000 on 29 May 2019: AED 849 per sqft for 3,179 sqft. The unit has 3 registered sales; the first was AED 4,284,000 in January 2010.

What is the rent for unit 8601?

AED 210,000 a year on the contract signed on 15 September 2020. The previous contract, from June 2014, was AED 350,000; the unit has been rented since June 2013.

How big is unit 8601?

3,179 sqft (295.3 sqm): a four-bedroom apartment on the 86th floor of a 96-storey tower completed in 2012.

What is unit 8601 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 8601, Princess Tower

Starts from the last sale price (AED 2.7M, 29 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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