4-bed · 3,179 sqftPrincess Tower, Dubai Marina · 89th floor · completed 2012

8902, Princess Tower

Sold prices and rental history: sold 4 times, last in June 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8902 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.35M22 June 2021
Current rentAED 450K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8902, Princess Tower

What is 8902 worth today?

Last sold for AED 3,350,000 in 2021

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1 Jul 2024RentedNew contract
AED 450,000/yr12 months · AED 142 per sqft
1 Jul 2024RentedNew contract
AED 450,000/yr12 months · AED 142 per sqft
24 Mar 2023RentedRenewal
AED 475,000/yr12 months · AED 150 per sqft
22 Jun 2021SoldReady
AED 3,350,000AED 1,053 per sqft
20 Sep 2012SoldReady
AED 3,500,000AED 1,100 per sqft
18 Sep 2012SoldReady
AED 4,105,000AED 1,291 per sqft
9 Jan 2010Sold by developerOff-plan
AED 4,095,000AED 1,288 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
4-bed apartment
Size
3,179 sqft
Floor
89th of 96
Parking
P1-51,P1-52
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 52,800 /yr
Last sold
AED 3.35M · June 2021

About 8902, Princess Tower

8902 is a four-bedroom apartment of 3,179 sqft on the 89th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 22 June 2021 for AED 3,350,000, or AED 1,053 per sqft, 22% above the AED 865 four-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 July 2024, is AED 450,000 a year: a gross yield of 13.4% on the 2021 price, before the service charge of about AED 52,800 a year.

Sales and rents for 8902 over time

Sales
Unit 8902, 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 4,095,000 (AED 1,288 per sqft)Sold, September 2012: AED 3,500,000 (AED 1,100 per sqft)Sold, September 2012: AED 4,105,000 (AED 1,291 per sqft)Sold, June 2021: AED 3,350,000 (AED 1,053 per sqft)

8902 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8902, each contractTypical four-bed in Princess Tower
200K400K2013201720212025Typical 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 300,000Renewal, March 2023: AED 475,000 a yearNew contract, July 2024: AED 450,000 a yearNew contract, July 2024: AED 450,000 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 8902 sits

All 22 4-beds →

8902 last sold in June 2021 at AED 1,053 per sqft, 22% above what four-beds in Princess Tower were fetching at the time (AED 865). 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. 8902's AED 450,000 is at the top 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 89th floor

All 763 units in Princess Tower
Value
89014-bedAED 5.49M · Feb 2025
89032-bedAED 2.58M · Apr 2013
89041-bedAED 1.67M · Sep 2024
89051-bedAED 500K · Jun 2024
89062-bedAED 2.29M · Feb 2013

8902, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 4,095,000, last on 22 June 2021 for AED 3,350,000 (AED 1,053 per sqft).
  • Rented since March 2023 on 3 Ejari contracts, from AED 475,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2021 price is 13.4%, 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 1 July 2024.

Questions about 8902, Princess Tower

What did unit 8902 last sell for?

AED 3,350,000 on 22 June 2021: AED 1,053 per sqft for 3,179 sqft. The unit has 4 registered sales; the first was AED 4,095,000 in January 2010.

What is the rent for unit 8902?

AED 450,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 450,000; the unit has been rented since March 2023.

How big is unit 8902?

3,179 sqft (295.3 sqm): a four-bedroom apartment on the 89th floor of a 96-storey tower completed in 2012.

What is unit 8902 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 8902, Princess Tower

Starts from the last sale price (AED 3.35M, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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