2-bed · 1,765 sqftPrincess Tower, Dubai Marina · 89th floor · completed 2012

8906, Princess Tower

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

Unit 8906 · DLD and Ejari recordsUpdated 6 October 2022
Last soldAED 2.29M6 February 2013
Current rentAED 175K /yr6 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8906, Princess Tower

What is 8906 worth today?

Last sold for AED 2,285,000 in 2013

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6 Oct 2022RentedNew contract
AED 175,000/yr12 months · AED 99 per sqft
25 Jul 2021RentedRenewal
AED 115,000/yr12 months · AED 66 per sqft
25 Jul 2020RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
15 May 2018RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
10 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 102 per sqft
10 Apr 2015RentedRenewal
AED 85,000/yr24 months · AED 48 per sqft
10 Apr 2014RentedNew contract
AED 185,000/yr12 months · AED 105 per sqft
9 Apr 2013RentedNew contract
AED 152,727/yr11 months · AED 87 per sqft

Source: Dubai Land Department. Updated 6 October 2022.

Key facts

Type
2-bed apartment
Size
1,765 sqft
Floor
89th of 96
Parking
P1-46
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 2.29M · February 2013

About 8906, Princess Tower

8906 is a two-bedroom apartment of 1,765 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 6 February 2013 for AED 2,285,000, or AED 1,294 per sqft, 6% above the AED 1,220 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 6 October 2022, is AED 175,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 29,300 a year.

Sales and rents for 8906 over time

Sales
Unit 8906, 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, October 2012: AED 2,543,130 (AED 1,440 per sqft)Sold, February 2013: AED 2,285,000 (AED 1,294 per sqft)

8906 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8906, each contractTypical two-bed in Princess Tower
100K150K200K2012201620202024Typical 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, April 2013: AED 152,727 a yearNew contract, April 2014: AED 185,000 a yearRenewal, April 2015: AED 85,000 a yearRenewal, April 2017: AED 180,000 a yearNew contract, May 2018: AED 130,000 a yearNew contract, July 2020: AED 115,000 a yearRenewal, July 2021: AED 115,000 a yearNew contract, October 2022: AED 175,000 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 8906 sits

All 298 2-beds →

8906 last sold in February 2013 at AED 1,294 per sqft, 6% above what two-beds in Princess Tower were fetching at the time (AED 1,220). 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. 8906's AED 175,000 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 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
89041-bedAED 1.67M · Sep 2024
89051-bedAED 500K · Jun 2024

8906, Princess Tower in numbers

  • Sold twice: first on 8 October 2012 for AED 2,543,130, last on 6 February 2013 for AED 2,285,000 (AED 1,294 per sqft).
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 152,727 to AED 85,000 in 2015 and recovered to AED 175,000 by October 2022.
  • At AED 175,000 a year the gross yield on the 2013 price is 7.7%, 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 6 October 2022.

Questions about 8906, Princess Tower

What did unit 8906 last sell for?

AED 2,285,000 on 6 February 2013: AED 1,294 per sqft for 1,765 sqft. The unit has 2 registered sales; the first was AED 2,543,130 in October 2012.

What is the rent for unit 8906?

AED 175,000 a year on the contract signed on 6 October 2022. The previous contract, from July 2021, was AED 115,000; the unit has been rented since April 2013.

How big is unit 8906?

1,765 sqft (164.0 sqm): a two-bedroom apartment on the 89th floor of a 96-storey tower completed in 2012.

What is unit 8906 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 8906, Princess Tower

Starts from the last sale price (AED 2.29M, 6 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,285,000
Deposit, UAE resident (20%)
AED 457,000
Deposit, non-resident (40%)
AED 914,000
Monthly over 25 years at 3.7%
AED 9,349

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