1501, Princess Tower
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Princess Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 28 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,314 sqft
- Floor
- 15th of 96
- Parking
- B6-34
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.3M · September 2022
- Building
- Princess Tower
About 1501, Princess Tower
1501 is a two-bedroom apartment of 1,314 sqft on the 15th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 September 2022 for AED 1,300,000, or AED 989 per sqft, 16% below the AED 1,181 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 28 June 2025, is AED 115,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1501 sits
All 288 2-beds →1501 last sold in September 2022 at AED 989 per sqft, 16% below what two-beds in Princess Tower were fetching at the time (AED 1,181). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,793 per sqft, and rent for AED 90,000 to 205,000 a year. 1501's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,185 sqft | 2,000,000 | 1,688 | ||
| 15 Jan 202615 January 2026 | 1,311 sqft | 2,350,000 | 1,793 | ||
| 15 Jan 202615 January 2026 | 1,189 sqft | 54,581 | 45 | ||
| 14 Jan 202614 January 2026 | 650 sqft | 1,250,000 | 1,922 |
Princess Tower
Building763 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 120K /yr
- Typical yield
- 5.7%
Other units on the 15th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 923 sqft | AED 910KAED 910,000 · Jun 2022June 2022 | 105,000 /yr | |
| 1503 | 3-bed | 2,014 sqft | AED 2.49MAED 2,494,702 · Dec 2012December 2012 | 190,000 /yr | |
| 1504 | 2-bed | 1,189 sqft | AED 1.1MAED 1,100,000 · Nov 2020November 2020 | 130,000 /yr | |
| 1505 | 297 sqft | AED 1.58MAED 1,580,000 · Nov 2012November 2012 | 125,000 /yr | ||
| 1506 | 3-bed | 2,014 sqft | AED 1.35MAED 1,350,000 · Jun 2015June 2015 | 184,067 /yr | |
| 1507 | 1-bed | 923 sqft | AED 22KAED 21,603 · Dec 2025December 2025 | 88,000 /yr | |
| 1508 | 2-bed | 1,314 sqft | AED 2.05MAED 2,050,000 · May 2025May 2025 | 120,000 /yr | |
| 1509 | 1-bed | 865 sqft | AED 1.2MAED 1,200,000 · May 2013May 2013 | 85,000 /yr | |
| 1510 | 1-bed | 864 sqft | AED 1.26MAED 1,260,000 · Apr 2025April 2025 | 77,000 /yr |
1501, Princess Tower in numbers
- Sold 3 times: first on 23 December 2009 for AED 1,204,777, last on 20 September 2022 for AED 1,300,000 (AED 989 per sqft).
- Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 131,570 to AED 60,000 in 2020 and recovered to AED 115,000 by June 2025.
- At AED 115,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 21,800 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 1,740 per sqft.
Source: Dubai Land Department. Updated 28 June 2025.
Questions about 1501, Princess Tower
What did unit 1501 last sell for?
AED 1,300,000 on 20 September 2022: AED 989 per sqft for 1,314 sqft. The unit has 3 registered sales; the first was AED 1,204,777 in December 2009.
What is the rent for unit 1501?
AED 115,000 a year on the contract renewed on 28 June 2025. The previous contract, from June 2024, was AED 115,000; the unit has been rented since March 2015.
How big is unit 1501?
1,314 sqft (122.1 sqm): a two-bedroom apartment on the 15th floor of a 96-storey tower completed in 2012.
What is unit 1501 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 1,793 per sqft.
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Mortgage on 1501, Princess Tower
Starts from the last sale price (AED 1.3M, 20 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →