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

8806, Princess Tower

Sold prices and rental history: sold 4 times, last in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8806 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 2.45M29 September 2013
Current rentAED 95K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8806, Princess Tower

What is 8806 worth today?

Last sold for AED 2,450,000 in 2013

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1 Mar 2021RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
1 Aug 2017RentedRenewal
AED 150,000/yr12 months · AED 85 per sqft
1 Aug 2016RentedRenewal
AED 150,000/yr12 months · AED 85 per sqft
1 Aug 2015RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
15 Jan 2015RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
29 Sep 2013SoldReady
AED 2,450,000AED 1,388 per sqft
16 Dec 2012SoldReady
AED 2,134,079AED 1,209 per sqft
12 Jan 2010Sold by developerOff-plan
AED 2,134,079AED 1,209 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
2-bed apartment
Size
1,765 sqft
Floor
88th of 96
Parking
P1-38
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 2.45M · September 2013

About 8806, Princess Tower

8806 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 29 September 2013 for AED 2,450,000, or AED 1,388 per sqft, 10% above the AED 1,264 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 March 2021, is AED 95,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for 8806 over time

Sales
Unit 8806, 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 2,134,079 (AED 1,209 per sqft)Sold, January 2010: AED 2,134,079 (AED 1,209 per sqft)Sold, December 2012: AED 2,134,079 (AED 1,209 per sqft)Sold, September 2013: AED 2,450,000 (AED 1,388 per sqft)

8806 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8806, 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 120,000New contract, January 2015: AED 150,000 a yearNew contract, August 2015: AED 150,000 a yearRenewal, August 2016: AED 150,000 a yearRenewal, August 2017: AED 150,000 a yearNew contract, March 2021: AED 95,000 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 8806 sits

All 298 2-beds →

8806 last sold in September 2013 at AED 1,388 per sqft, 10% above what two-beds in Princess Tower were fetching at the time (AED 1,264). 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. 8806's AED 95,000 is in the lower 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
88032-bedAED 2.5M · Jun 2018
88041-bedAED 1.35M · Mar 2024
88051-bedAED 1.38M · May 2016

8806, Princess Tower in numbers

  • Sold 4 times: first on 12 January 2010 for AED 2,134,079, last on 29 September 2013 for AED 2,450,000 (AED 1,388 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 150,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2013 price is 3.9%, 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 1 March 2021.

Questions about 8806, Princess Tower

What did unit 8806 last sell for?

AED 2,450,000 on 29 September 2013: AED 1,388 per sqft for 1,765 sqft. The unit has 4 registered sales; the first was AED 2,134,079 in January 2010.

What is the rent for unit 8806?

AED 95,000 a year on the contract signed on 1 March 2021. The previous contract, from August 2017, was AED 150,000; the unit has been rented since January 2015.

How big is unit 8806?

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 8806 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 8806, Princess Tower

Starts from the last sale price (AED 2.45M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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