2-bed · 1,305 sqftPrincess Tower, Dubai Marina · 28th floor · completed 2012

2801, Princess Tower

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 575K16 June 2021
Current rentAED 97K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Princess Tower

What is 2801 worth today?

Last sold for AED 575,000 in 2021

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1 Nov 2023RentedRenewal
AED 96,600/yr12 months · AED 74 per sqft
1 Nov 2022RentedRenewal
AED 84,000/yr12 months · AED 64 per sqft
1 Nov 2021RentedNew contract
AED 84,000/yr12 months · AED 64 per sqft
16 Jun 2021SoldReady
AED 575,000AED 440 per sqft
1 Nov 2020RentedRenewal
AED 84,000/yr12 months · AED 64 per sqft
1 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Nov 2017RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
1 Feb 2013RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
28th of 96
Parking
P4-27
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 575K · June 2021

About 2801, Princess Tower

2801 is a two-bedroom apartment of 1,305 sqft on the 28th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 16 June 2021 for AED 575,000, or AED 440 per sqft, 49% below the AED 862 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 96,600 a year: a gross yield of 16.8% on the 2021 price, before the service charge of about AED 21,700 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical two-bed in Princess Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,472,327; 2010 AED 1,669,434; 2011 AED 1,415,390; 2012 AED 1,508,453; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,050,000; 2016 AED 1,900,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,525,000; 2023 AED 1,667,500; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,000,000Sold by developer, December 2009: AED 1,243,777 (AED 952 per sqft)Sold, December 2012: AED 1,243,778 (AED 952 per sqft)Sold, June 2021: AED 575,000 (AED 440 per sqft)

2801 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2801, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 74,500; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 115,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 137,000New contract, February 2013: AED 100,000 a yearNew contract, November 2017: AED 115,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 84,000 a yearNew contract, November 2021: AED 84,000 a yearRenewal, November 2022: AED 84,000 a yearRenewal, November 2023: AED 96,600 a year

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 2801 sits

All 288 2-beds →

2801 last sold in June 2021 at AED 440 per sqft, 49% below what two-beds in Princess Tower were fetching at the time (AED 862). 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. 2801's AED 96,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20262,000,000
15 Jan 20262,350,000
15 Jan 202654,581
14 Jan 20261,250,000
6 2-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 28th floor

All 763 units in Princess Tower
Value
28021-bedAED 936K · Dec 2012
28033-bedAED 3M · Jan 2026
28042-bedAED 1.13M · Nov 2014
28052-bedAED 1.3M · May 2021
28063-bedAED 1.8M · Aug 2019
28071-bedAED 1.31M · Dec 2024
28082-bedAED 1.5M · Aug 2017
1–7 of 9

2801, Princess Tower in numbers

  • Sold 3 times: first on 29 December 2009 for AED 1,243,777, last on 16 June 2021 for AED 575,000 (AED 440 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 84,000 in 2022 and recovered to AED 96,600 by November 2023.
  • At AED 96,600 a year the gross yield on the 2021 price is 16.8%, before a service charge of about AED 21,700 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 1 November 2023.

Questions about 2801, Princess Tower

What did unit 2801 last sell for?

AED 575,000 on 16 June 2021: AED 440 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,243,777 in December 2009.

What is the rent for unit 2801?

AED 96,600 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 84,000; the unit has been rented since February 2013.

How big is unit 2801?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 28th floor of a 96-storey tower completed in 2012.

What is unit 2801 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 2801, Princess Tower

Starts from the last sale price (AED 575K, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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