3-bed · 2,008 sqftPrincess Tower, Dubai Marina · 23rd floor · completed 2012

2303, Princess Tower

Sold prices and rental history: sold twice, last in February 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 11 February 2018
Last soldAED 2.23M11 February 2018
Current rentAED 200K /yr26 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Princess Tower

What is 2303 worth today?

Last sold for AED 2,225,000 in 2018

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11 Feb 2018SoldReady
AED 2,225,000AED 1,108 per sqft
26 Feb 2015RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
26 Feb 2014RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
2 Jan 2014Sold by developerReady
AED 2,518,703AED 1,254 per sqft

Source: Dubai Land Department. Updated 11 February 2018.

Key facts

Type
3-bed apartment
Size
2,008 sqft
Floor
23rd of 96
Parking
B4-14,B4-15
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,400 /yr
Last sold
AED 2.23M · February 2018

About 2303, Princess Tower

2303 is a three-bedroom apartment of 2,008 sqft on the 23rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 11 February 2018 for AED 2,225,000, or AED 1,108 per sqft, 16% below the AED 1,326 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 26 February 2015, is AED 200,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical three-bed in Princess Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 2,974,338; 2010 AED 2,870,596; 2012 AED 2,900,000; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,642,500; 2024 AED 3,105,500; 2025 AED 2,937,500; 2026 AED 3,643,450Sold by developer, January 2014: AED 2,518,703 (AED 1,254 per sqft)Sold, February 2018: AED 2,225,000 (AED 1,108 per sqft)

2303 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 162,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 175,000; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 126,500; 2023 AED 148,500; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 187,500New contract, February 2014: AED 200,000 a yearNew contract, February 2015: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Princess Tower, and where 2303 sits

All 145 3-beds →

2303 last sold in February 2018 at AED 1,108 per sqft, 16% below what three-beds in Princess Tower were fetching at the time (AED 1,326). Over the last 12 months three-beds sold for AED 3,000,000 to 5,300,000, around AED 1,813 per sqft, and rent for AED 100,000 to 210,000 a year. 2303's AED 200,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20264,000,000
12 Feb 20263,286,900
28 Jan 20265,300,000
9 Jan 20263,000,000
4 3-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 120K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 763 units in Princess Tower
Value
23012-bedAED 1.23M · Dec 2012
2302AED 1.83M · Aug 2025
23042-bedAED 1.22M · May 2021
23052-bedAED 1.58M · Nov 2015
23063-bedAED 2.83M · Mar 2025
23071-bedAED 822K · Sep 2012
23082-bedAED 880K · Jan 2021

2303, Princess Tower in numbers

  • Sold twice: first on 2 January 2014 for AED 2,518,703, last on 11 February 2018 for AED 2,225,000 (AED 1,108 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 33,400 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 3,000,000–5,300,000 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 11 February 2018.

Questions about 2303, Princess Tower

What did unit 2303 last sell for?

AED 2,225,000 on 11 February 2018: AED 1,108 per sqft for 2,008 sqft. The unit has 2 registered sales; the first was AED 2,518,703 in January 2014.

What is the rent for unit 2303?

AED 200,000 a year on the contract signed on 26 February 2015. The previous contract, from February 2014, was AED 200,000.

How big is unit 2303?

2,008 sqft (186.5 sqm): a three-bedroom apartment on the 23rd floor of a 96-storey tower completed in 2012.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 3,000,000 to 5,300,000 in the last 12 months, around AED 1,813 per sqft.

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Mortgage on 2303, Princess Tower

Starts from the last sale price (AED 2.23M, 11 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

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