1-bed · 864 sqftPrincess Tower, Dubai Marina · 10th floor · completed 2012

1010, Princess Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 1.27M14 June 2024
Current rentAED 110K /yr6 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Princess Tower

What is 1010 worth today?

Last sold for AED 1,270,000 in 2024

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14 Jun 2024SoldReady
AED 1,270,000AED 1,469 per sqft
6 Dec 2022RentedNew contract
AED 110,000/yr12 months · AED 127 per sqft
8 Aug 2022SoldReady
AED 840,000AED 971 per sqft
30 Nov 2017RentedNew contract
AED 86,764/yr11 months · AED 101 per sqft
2 Mar 2016RentedRenewal
AED 100,000/yr12 months · AED 116 per sqft
2 Mar 2015RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
27 Dec 2012SoldReady
AED 717,750AED 830 per sqft
23 Dec 2009Sold by developerOff-plan
AED 717,750AED 830 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
10th of 96
Parking
B5-59
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,400 /yr
Last sold
AED 1.27M · June 2024

About 1010, Princess Tower

1010 is a one-bedroom apartment of 864 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 14 June 2024 for AED 1,270,000, or AED 1,469 per sqft, in line with the AED 1,445 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 6 December 2022, is AED 110,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, 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 717,750 (AED 830 per sqft)Sold, December 2012: AED 717,750 (AED 830 per sqft)Sold, August 2022: AED 840,000 (AED 971 per sqft)Sold, June 2024: AED 1,270,000 (AED 1,469 per sqft)

1010 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, each contractTypical one-bed in Princess Tower
50K100K2012201620202024Typical 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, March 2015: AED 100,000 a yearRenewal, March 2016: AED 100,000 a yearNew contract, November 2017: AED 86,764 a yearNew contract, December 2022: AED 110,000 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 1010 sits

All 277 1-beds →

1010 last sold in June 2024 at AED 1,469 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,445). 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. 1010's AED 110,000 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
10071-bedAED 973K · Dec 2022
1–7 of 9

1010, Princess Tower in numbers

  • Sold 4 times: first on 23 December 2009 for AED 717,750, last on 14 June 2024 for AED 1,270,000 (AED 1,469 per sqft).
  • Rented since March 2015 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 86,764 in 2017 and recovered to AED 110,000 by December 2022.
  • At AED 110,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 14,400 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 14 June 2024.

Questions about 1010, Princess Tower

What did unit 1010 last sell for?

AED 1,270,000 on 14 June 2024: AED 1,469 per sqft for 864 sqft. The unit has 4 registered sales; the first was AED 717,750 in December 2009.

What is the rent for unit 1010?

AED 110,000 a year on the contract signed on 6 December 2022. The previous contract, from November 2017, was AED 86,764; the unit has been rented since March 2015.

How big is unit 1010?

864 sqft (80.3 sqm): a one-bedroom apartment on the 10th floor of a 96-storey tower completed in 2012.

What is unit 1010 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 1010, Princess Tower

Starts from the last sale price (AED 1.27M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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