
1509, Princess Tower
Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Princess Tower
What is 1509 worth today?
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Source: Dubai Land Department. Updated 15 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 865 sqft
- Floor
- 15th of 96
- Parking
- B6-72
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 14,400 /yr
- Last sold
- AED 1.2M · May 2013
- Building
- Princess Tower
About 1509, Princess Tower
1509 is a one-bedroom apartment of 865 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 27 May 2013 for AED 1,200,000, or AED 1,387 per sqft, 29% above the AED 1,077 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 15 December 2024, is AED 85,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 14,400 a year.
Sales and rents for 1509 over time
1509 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1509 sits
All 277 1-beds →1509 last sold in May 2013 at AED 1,387 per sqft, 29% above what one-beds in Princess Tower were fetching at the time (AED 1,077). 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. 1509's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Feb 202614 February 2026 | 923 sqft | 1,438,993 | 1,559 | ||
| 6 Feb 20266 February 2026 | 923 sqft | 1,442,820 | 1,563 | ||
| 2 Feb 20262 February 2026 | 923 sqft | 1,525,000 | 1,652 | ||
| 26 Jan 202626 January 2026 | 862 sqft | 1,515,000 | 1,758 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,314 sqft | AED 1.3MAED 1,300,000 · Sep 2022September 2022 | 115,000 /yr | |
| 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 | |
| 1510 | 1-bed | 864 sqft | AED 1.26MAED 1,260,000 · Apr 2025April 2025 | 77,000 /yr |
1509, Princess Tower in numbers
- Sold 3 times: first on 23 December 2009 for AED 710,768, last on 27 May 2013 for AED 1,200,000 (AED 1,387 per sqft).
- Rented since December 2012 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 85,000 by December 2024.
- At AED 85,000 a year the gross yield on the 2013 price is 7.1%, 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 15 December 2024.
Questions about 1509, Princess Tower
What did unit 1509 last sell for?
AED 1,200,000 on 27 May 2013: AED 1,387 per sqft for 865 sqft. The unit has 3 registered sales; the first was AED 710,768 in December 2009.
What is the rent for unit 1509?
AED 85,000 a year on the contract signed on 15 December 2024. The previous contract, from January 2023, was AED 50,000; the unit has been rented since December 2012.
How big is unit 1509?
865 sqft (80.4 sqm): a one-bedroom apartment on the 15th floor of a 96-storey tower completed in 2012.
What is unit 1509 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 1509, Princess Tower
Starts from the last sale price (AED 1.2M, 27 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →