2-bed · 1,765 sqftPrincess Tower, Dubai Marina · 88th floor · completed 2012

8803, Princess Tower

Sold prices and rental history: sold 3 times, last in June 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8803 · DLD and Ejari recordsUpdated 3 October 2023
Last soldAED 2.5M4 June 2018
Current rentAED 200K /yr3 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8803, Princess Tower

What is 8803 worth today?

Last sold for AED 2,500,000 in 2018

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3 Oct 2023RentedRenewal
AED 200,000/yr12 months · AED 113 per sqft
3 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 113 per sqft
4 Jun 2018SoldReady
AED 2,500,000AED 1,416 per sqft
9 Mar 2017RentedRenewal
AED 155,000/yr12 months · AED 88 per sqft
9 Mar 2016RentedNew contract
AED 155,000/yr12 months · AED 88 per sqft
17 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
17 Jan 2013RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
4 Nov 2012SoldReady
AED 2,576,902AED 1,459 per sqft

Source: Dubai Land Department. Updated 3 October 2023.

Key facts

Type
2-bed apartment
Size
1,765 sqft
Floor
88th of 96
Parking
P1-91
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 2.5M · June 2018

About 8803, Princess Tower

8803 is a two-bedroom apartment of 1,765 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 4 June 2018 for AED 2,500,000, or AED 1,416 per sqft, 14% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 October 2023, is AED 200,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 29,300 a year.

Sales and rents for 8803 over time

Sales
Unit 8803, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical 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 2,576,902 (AED 1,459 per sqft)Sold, November 2012: AED 2,576,902 (AED 1,459 per sqft)Sold, June 2018: AED 2,500,000 (AED 1,416 per sqft)

8803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8803, each contractTypical two-bed in Princess Tower
100K200K2012201620202024Typical 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 120,000New contract, January 2013: AED 150,000 a yearNew contract, January 2014: AED 150,000 a yearNew contract, March 2016: AED 155,000 a yearRenewal, March 2017: AED 155,000 a yearNew contract, October 2022: AED 200,000 a yearRenewal, October 2023: AED 200,000 a year

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 8803 sits

All 298 2-beds →

8803 last sold in June 2018 at AED 1,416 per sqft, 14% above what two-beds in Princess Tower were fetching at the time (AED 1,239). 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. 8803's AED 200,000 is in the upper half of that range.

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 88th floor

All 763 units in Princess Tower
Value
88014-bedAED 6.2M · Feb 2023
88024-bedAED 4.9M · Jan 2014
88041-bedAED 1.35M · Mar 2024
88051-bedAED 1.38M · May 2016
88062-bedAED 2.45M · Sep 2013

8803, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 2,576,902, last on 4 June 2018 for AED 2,500,000 (AED 1,416 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 150,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 29,300 a year (AED 16.62 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 3 October 2023.

Questions about 8803, Princess Tower

What did unit 8803 last sell for?

AED 2,500,000 on 4 June 2018: AED 1,416 per sqft for 1,765 sqft. The unit has 3 registered sales; the first was AED 2,576,902 in January 2010.

What is the rent for unit 8803?

AED 200,000 a year on the contract renewed on 3 October 2023. The previous contract, from October 2022, was AED 200,000; the unit has been rented since January 2013.

How big is unit 8803?

1,765 sqft (164.0 sqm): a two-bedroom apartment on the 88th floor of a 96-storey tower completed in 2012.

What is unit 8803 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 8803, Princess Tower

Starts from the last sale price (AED 2.5M, 4 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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