4-bed · 3,179 sqftPrincess Tower, Dubai Marina · 88th floor · completed 2012

8801, Princess Tower

Sold prices and rental history: sold 5 times, last in February 2023, and rented once, from January 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8801 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 6.2M7 February 2023
Current rentAED 200K /yr30 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8801, Princess Tower

What is 8801 worth today?

Last sold for AED 6,200,000 in 2023

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7 Feb 2023SoldReady
AED 6,200,000AED 1,950 per sqft
30 Jan 2017RentedNew contract
AED 200,000/yr12 months · AED 63 per sqft
11 Jul 2016SoldReady
AED 4,800,000AED 1,509 per sqft
8 Jul 2014SoldReady
AED 5,600,000AED 1,761 per sqft
4 Nov 2012SoldReady
AED 3,900,000AED 1,226 per sqft
9 Jan 2010Sold by developerOff-plan
AED 3,900,000AED 1,226 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
4-bed apartment
Size
3,179 sqft
Floor
88th of 96
Parking
B1-49,B1-50
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 52,800 /yr
Last sold
AED 6.2M · February 2023

About 8801, Princess Tower

8801 is a four-bedroom apartment of 3,179 sqft on the 88th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 February 2023 for AED 6,200,000, or AED 1,950 per sqft, 44% above the AED 1,358 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 January 2017. The current contract, signed on 30 January 2017, is AED 200,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 52,800 a year.

Sales and rents for 8801 over time

Sales
Unit 8801, 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 3,900,000 (AED 1,226 per sqft)Sold, November 2012: AED 3,900,000 (AED 1,226 per sqft)Sold, July 2014: AED 5,600,000 (AED 1,761 per sqft)Sold, July 2016: AED 4,800,000 (AED 1,509 per sqft)Sold, February 2023: AED 6,200,000 (AED 1,950 per sqft)

8801 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8801, 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, January 2017: AED 200,000 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 8801 sits

All 22 4-beds →

8801 last sold in February 2023 at AED 1,950 per sqft, 44% above what four-beds in Princess Tower were fetching at the time (AED 1,358). 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. 8801's AED 200,000 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 88th floor

All 763 units in Princess Tower
Value
88024-bedAED 4.9M · Jan 2014
88032-bedAED 2.5M · Jun 2018
88041-bedAED 1.35M · Mar 2024
88051-bedAED 1.38M · May 2016
88062-bedAED 2.45M · Sep 2013

8801, Princess Tower in numbers

  • Sold 5 times: first on 9 January 2010 for AED 3,900,000, last on 7 February 2023 for AED 6,200,000 (AED 1,950 per sqft).
  • Rented since January 2017 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 3.2%, 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 7 February 2023.

Questions about 8801, Princess Tower

What did unit 8801 last sell for?

AED 6,200,000 on 7 February 2023: AED 1,950 per sqft for 3,179 sqft. The unit has 5 registered sales; the first was AED 3,900,000 in January 2010.

What is the rent for unit 8801?

AED 200,000 a year on the contract signed on 30 January 2017.

How big is unit 8801?

3,179 sqft (295.3 sqm): a four-bedroom apartment on the 88th floor of a 96-storey tower completed in 2012.

What is unit 8801 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 8801, Princess Tower

Starts from the last sale price (AED 6.2M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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