2-bed · 1,184 sqftPrincess Tower, Dubai Marina · 38th floor · completed 2012

3804, Princess Tower

Sold prices and rental history: sold 6 times, last in May 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3804 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.5M10 May 2022
Current rentAED 140K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3804, Princess Tower

What is 3804 worth today?

Last sold for AED 1,500,000 in 2022

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25 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
1 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 110 per sqft
2 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
2 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
10 May 2022SoldReady
AED 1,500,000AED 1,267 per sqft
3 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
8 Jan 2014SoldReady
AED 2,400,000AED 2,027 per sqft
8 May 2013SoldReady
AED 2,100,000AED 1,774 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
38th of 96
Parking
P3-82
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 1.5M · May 2022

About 3804, Princess Tower

3804 is a two-bedroom apartment of 1,184 sqft on the 38th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 10 May 2022 for AED 1,500,000, or AED 1,267 per sqft, 20% above the AED 1,055 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 25 August 2024, is AED 140,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 19,700 a year.

Sales and rents for 3804 over time

Sales
Unit 3804, 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 1,921,805 (AED 1,623 per sqft)Sold, December 2012: AED 1,921,805 (AED 1,623 per sqft)Sold, January 2013: AED 1,820,000 (AED 1,537 per sqft)Sold, May 2013: AED 2,100,000 (AED 1,774 per sqft)Sold, January 2014: AED 2,400,000 (AED 2,027 per sqft)Sold, May 2022: AED 1,500,000 (AED 1,267 per sqft)

3804 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3804, 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, September 2020: AED 70,000 a yearNew contract, September 2022: AED 100,000 a yearNew contract, September 2022: AED 100,000 a yearNew contract, September 2023: AED 130,000 a yearNew contract, August 2024: AED 140,000 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 3804 sits

All 288 2-beds →

3804 last sold in May 2022 at AED 1,267 per sqft, 20% above what two-beds in Princess Tower were fetching at the time (AED 1,055). 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. 3804's AED 140,000 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 38th floor

All 763 units in Princess Tower
Value
38012-bedAED 2.09M · Apr 2014
38021-bedAED 1.37M · Sep 2017
38033-bedAED 3.2M · Dec 2023
38052-bedAED 1.5M · May 2013
38063-bedAED 2.92M · Sep 2012
38071-bedAED 1.26M · Apr 2017
38082-bedAED 1.45M · Sep 2012
1–7 of 9

3804, Princess Tower in numbers

  • Sold 6 times: first on 20 December 2009 for AED 1,921,805, last on 10 May 2022 for AED 1,500,000 (AED 1,267 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 70,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 19,700 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 25 August 2024.

Questions about 3804, Princess Tower

What did unit 3804 last sell for?

AED 1,500,000 on 10 May 2022: AED 1,267 per sqft for 1,184 sqft. The unit has 6 registered sales; the first was AED 1,921,805 in December 2009.

What is the rent for unit 3804?

AED 140,000 a year on the contract signed on 25 August 2024. The previous contract, from September 2023, was AED 130,000; the unit has been rented since September 2020.

How big is unit 3804?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 38th floor of a 96-storey tower completed in 2012.

What is unit 3804 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 3804, Princess Tower

Starts from the last sale price (AED 1.5M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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