2-bed · 1,765 sqftPrincess Tower, Dubai Marina · 87th floor · completed 2012

8703, Princess Tower

Sold prices and rental history: sold 3 times, last in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8703 · DLD and Ejari recordsUpdated 8 January 2015
Last soldAED 3.1M8 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8703, Princess Tower

What is 8703 worth today?

Last sold for AED 3,100,000 in 2015

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8 Jan 2015SoldReady
AED 3,100,000AED 1,756 per sqft
6 Jan 2013SoldReady
AED 2,570,864AED 1,456 per sqft
9 Jan 2010Sold by developerOff-plan
AED 2,570,864AED 1,456 per sqft

Source: Dubai Land Department. Updated 8 January 2015.

Key facts

Type
2-bed apartment
Size
1,765 sqft
Floor
87th of 96
Parking
P1-47
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 3.1M · January 2015

About 8703, Princess Tower

8703 is a two-bedroom apartment of 1,765 sqft on the 87th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 January 2015 for AED 3,100,000, or AED 1,756 per sqft, 4% above the AED 1,692 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 8703 over time

Sales
Unit 8703, each saleTypical two-bed in Princess Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,478,050; 2010 AED 1,670,415; 2011 AED 1,415,390; 2012 AED 1,512,027; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,000,000; 2016 AED 1,800,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,222,000; 2022 AED 1,525,000; 2023 AED 1,675,000; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,100,000Sold by developer, January 2010: AED 2,570,864 (AED 1,456 per sqft)Sold, January 2013: AED 2,570,864 (AED 1,456 per sqft)Sold, January 2015: AED 3,100,000 (AED 1,756 per sqft)

8703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8703, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 110,250; 2024 AED 128,218; 2025 AED 130,000; 2026 AED 120,000

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

2-beds in Princess Tower, and where 8703 sits

All 298 2-beds →

8703 last sold in January 2015 at AED 1,756 per sqft, 4% above what two-beds in Princess Tower were fetching at the time (AED 1,692). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,732 per sqft, and rent for AED 50,000 to 252,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 202640,505
10 Aug 2026131,419
3 Aug 20261,800,000
6 May 20262,575,000
13 2-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 87th floor

All 763 units in Princess Tower
Value
87014-bedAED 4.3M · Jan 2013
87024-bedAED 5M · Oct 2024
87041-bedAED 1.28M · Jan 2013
87051-bedAED 1.45M · May 2013
87062-bedAED 2.11M · Dec 2012

8703, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 2,570,864, last on 8 January 2015 for AED 3,100,000 (AED 1,756 per sqft).
  • Two-beds in Princess Tower sold for AED 1,250,000–2,600,000 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 8 January 2015.

Questions about 8703, Princess Tower

What did unit 8703 last sell for?

AED 3,100,000 on 8 January 2015: AED 1,756 per sqft for 1,765 sqft. The unit has 3 registered sales; the first was AED 2,570,864 in January 2010.

How big is unit 8703?

1,765 sqft (164.0 sqm): a two-bedroom apartment on the 87th floor of a 96-storey tower completed in 2012.

What is unit 8703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Princess Tower sold for AED 1,250,000 to 2,600,000 in the last 12 months, around AED 1,732 per sqft.

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Mortgage on 8703, Princess Tower

Starts from the last sale price (AED 3.1M, 8 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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