1-bed · 1,062 sqftPrincess Tower, Dubai Marina · 89th floor · completed 2012

8904, Princess Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8904 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.67M20 September 2024
Current rentAED 100K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8904, Princess Tower

What is 8904 worth today?

Last sold for AED 1,671,000 in 2024

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20 Sep 2024SoldReady
AED 1,671,000AED 1,573 per sqft
13 May 2024SoldReady
AED 1,671,000AED 1,573 per sqft
15 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 94 per sqft
1 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 47 per sqft
29 Jun 2018RentedNew contract
AED 87,000/yr12 months · AED 82 per sqft
12 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
11 Jan 2015RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
89th of 96
Parking
B1-87
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.67M · September 2024

About 8904, Princess Tower

8904 is a one-bedroom apartment of 1,062 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 20 September 2024 for AED 1,671,000, or AED 1,573 per sqft, in line with the AED 1,558 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 July 2023, is AED 100,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 8904 over time

Sales
Unit 8904, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 881,990; 2010 AED 1,035,955; 2011 AED 821,955; 2012 AED 946,239; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,242,500; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,460,000; 2026 AED 1,418,883Sold by developer, January 2010: AED 1,448,036 (AED 1,363 per sqft)Sold, December 2012: AED 1,470,536 (AED 1,384 per sqft)Sold, May 2024: AED 1,671,000 (AED 1,573 per sqft)Sold, September 2024: AED 1,671,000 (AED 1,573 per sqft)

8904 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8904, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 93,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 80,000; 2024 AED 86,000; 2025 AED 87,250; 2026 AED 80,000New contract, January 2014: AED 105,000 a yearNew contract, January 2015: AED 105,000 a yearNew contract, February 2016: AED 110,000 a yearNew contract, June 2018: AED 87,000 a yearNew contract, August 2020: AED 50,000 a yearRenewal, August 2021: AED 55,000 a yearNew contract, July 2023: AED 100,000 a year

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

1-beds in Princess Tower, and where 8904 sits

All 285 1-beds →

8904 last sold in September 2024 at AED 1,573 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,558). Over the last 12 months one-beds sold for AED 1,231,180 to 2,050,000, around AED 1,559 per sqft, and rent for AED 60,000 to 170,000 a year. 8904's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20261,231,180
18 Sep 20261,400,000
12 Sep 20261,544,713
27 Aug 20261,360,000
17 1-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
89024-bedAED 3.35M · Jun 2021
89032-bedAED 2.58M · Apr 2013
89051-bedAED 500K · Jun 2024
89062-bedAED 2.29M · Feb 2013

8904, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 1,448,036, last on 20 September 2024 for AED 1,671,000 (AED 1,573 per sqft).
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2020 and recovered to AED 100,000 by July 2023.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 17,700 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,231,180–2,050,000 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 20 September 2024.

Questions about 8904, Princess Tower

What did unit 8904 last sell for?

AED 1,671,000 on 20 September 2024: AED 1,573 per sqft for 1,062 sqft. The unit has 4 registered sales; the first was AED 1,448,036 in January 2010.

What is the rent for unit 8904?

AED 100,000 a year on the contract signed on 15 July 2023. The previous contract, from August 2021, was AED 55,000; the unit has been rented since January 2014.

How big is unit 8904?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 89th floor of a 96-storey tower completed in 2012.

What is unit 8904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,231,180 to 2,050,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 8904, Princess Tower

Starts from the last sale price (AED 1.67M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,671,000
Deposit, UAE resident (20%)
AED 334,200
Deposit, non-resident (40%)
AED 668,400
Monthly over 25 years at 3.7%
AED 6,837

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