1-bed · 923 sqftPrincess Tower, Dubai Marina · 10th floor · completed 2012

1007, Princess Tower

Sold prices and rental history: sold 4 times, last in December 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 22 January 2023
Last soldAED 973K7 December 2022
Current rentAED 102K /yr22 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Princess Tower

What is 1007 worth today?

Last sold for AED 972,500 in 2022

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22 Jan 2023RentedNew contract
AED 101,538/yr13 months · AED 110 per sqft
7 Dec 2022SoldReady
AED 972,500AED 1,053 per sqft
7 Sep 2019RentedNew contract
AED 60,000/yr20 months · AED 65 per sqft
25 Oct 2015RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
28 Apr 2013SoldReady
AED 1,000,000AED 1,083 per sqft
3 Sep 2012SoldReady
AED 663,854AED 719 per sqft
23 Dec 2009Sold by developerOff-plan
AED 663,854AED 719 per sqft

Source: Dubai Land Department. Updated 22 January 2023.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
10th of 96
Parking
B6-13
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 973K · December 2022

About 1007, Princess Tower

1007 is a one-bedroom apartment of 923 sqft on the 10th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 7 December 2022 for AED 972,500, or AED 1,053 per sqft, in line with the AED 1,062 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 22 January 2023, is AED 101,538 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 883,184; 2010 AED 1,032,955; 2011 AED 821,955; 2012 AED 941,310; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,245,000; 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 1,420,000; 2026 AED 1,478,910Sold by developer, December 2009: AED 663,854 (AED 719 per sqft)Sold, September 2012: AED 663,854 (AED 719 per sqft)Sold, April 2013: AED 1,000,000 (AED 1,083 per sqft)Sold, December 2022: AED 972,500 (AED 1,053 per sqft)

1007 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 94,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 67,500; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 79,000; 2024 AED 86,000; 2025 AED 86,141; 2026 AED 87,500New contract, October 2015: AED 85,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, January 2023: AED 101,538 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 1007 sits

All 277 1-beds →

1007 last sold in December 2022 at AED 1,053 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,062). Over the last 12 months one-beds sold for AED 1,438,993 to 2,050,000, around AED 1,696 per sqft, and rent for AED 74,800 to 123,000 a year. 1007's AED 101,538 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Feb 20261,438,993
6 Feb 20261,442,820
2 Feb 20261,525,000
26 Jan 20261,515,000
7 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. 17 sold in the last 12 months.

Typical price per sqft
AED 1,740 Up 8.8%
Typical sale
AED 2M
Typical rent
AED 119K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 763 units in Princess Tower
Value
10012-bedAED 1.9M · May 2015
10021-bedAED 1.05M · Jan 2013
10033-bedAED 3.35M · May 2014
10042-bedAED 1.9M · Dec 2024
10052-bedAED 1.51M · Jul 2023
10063-bedAED 3.1M · Sep 2013
10082-bedAED 2.25M · Nov 2014
1–7 of 9

1007, Princess Tower in numbers

  • Sold 4 times: first on 23 December 2009 for AED 663,854, last on 7 December 2022 for AED 972,500 (AED 1,053 per sqft).
  • Rented since October 2015 on 3 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2019 and recovered to AED 101,538 by January 2023.
  • At AED 101,538 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 15,300 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,438,993–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,740 per sqft.

Source: Dubai Land Department. Updated 22 January 2023.

Questions about 1007, Princess Tower

What did unit 1007 last sell for?

AED 972,500 on 7 December 2022: AED 1,053 per sqft for 923 sqft. The unit has 4 registered sales; the first was AED 663,854 in December 2009.

What is the rent for unit 1007?

AED 101,538 a year on the contract signed on 22 January 2023. The previous contract, from September 2019, was AED 60,000; the unit has been rented since October 2015.

How big is unit 1007?

923 sqft (85.7 sqm): a one-bedroom apartment on the 10th floor of a 96-storey tower completed in 2012.

What is unit 1007 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 1,438,993 to 2,050,000 in the last 12 months, around AED 1,696 per sqft.

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Mortgage on 1007, Princess Tower

Starts from the last sale price (AED 973K, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 972,500
Deposit, UAE resident (20%)
AED 194,500
Deposit, non-resident (40%)
AED 389,000
Monthly over 25 years at 3.7%
AED 3,979

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