3-bed · 2,008 sqftPrincess Tower, Dubai Marina · 38th floor · completed 2012

3806, Princess Tower

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3806 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 2.92M12 September 2012
Current rentAED 190K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3806, Princess Tower

What is 3806 worth today?

Last sold for AED 2,922,701 in 2012

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16 Sep 2024RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
13 Nov 2017RentedNew contract
AED 169,882/yr48 months · AED 84 per sqft
25 Jun 2015RentedRenewal
AED 198,000/yr12 months · AED 98 per sqft
25 Jun 2014RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
5 Jan 2013RentedNew contract
AED 162,000/yr12 months · AED 80 per sqft
12 Sep 2012Sold by developerReady
AED 2,922,701AED 1,455 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
3-bed apartment
Size
2,008 sqft
Floor
38th of 96
Parking
B3-94,B3-95
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,400 /yr
Last sold
AED 2.92M · September 2012

About 3806, Princess Tower

3806 is a three-bedroom apartment of 2,008 sqft on the 38th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. The developer sold it on 12 September 2012 for AED 2,922,701, or AED 1,455 per sqft, 4% above the AED 1,401 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 16 September 2024, is AED 190,000 a year: a gross yield of 6.5% on the 2012 price, before the service charge of about AED 33,400 a year.

Sales and rents for 3806 over time

Sales
Unit 3806, 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, September 2012: AED 2,922,701 (AED 1,455 per sqft)

3806 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3806, 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, January 2013: AED 162,000 a yearNew contract, June 2014: AED 180,000 a yearRenewal, June 2015: AED 198,000 a yearNew contract, November 2017: AED 169,882 a yearNew contract, September 2024: AED 190,000 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 3806 sits

All 145 3-beds →

3806 last sold in September 2012 at AED 1,455 per sqft, 4% above what three-beds in Princess Tower were fetching at the time (AED 1,401). 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. 3806's AED 190,000 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 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
38042-bedAED 1.5M · May 2022
38052-bedAED 1.5M · May 2013
38071-bedAED 1.26M · Apr 2017
38082-bedAED 1.45M · Sep 2012
1–7 of 9

3806, Princess Tower in numbers

  • Sold once: by Tameer Holding Investment on 12 September 2012 for AED 2,922,701, or AED 1,455 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, from AED 162,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2012 price is 6.5%, 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 16 September 2024.

Questions about 3806, Princess Tower

What did unit 3806 last sell for?

AED 2,922,701 on 12 September 2012, sold by the developer: AED 1,455 per sqft for 2,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 3806?

AED 190,000 a year on the contract signed on 16 September 2024. The previous contract, from November 2017, was AED 169,882; the unit has been rented since January 2013.

How big is unit 3806?

2,008 sqft (186.5 sqm): a three-bedroom apartment on the 38th floor of a 96-storey tower completed in 2012.

What is unit 3806 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 3806, Princess Tower

Starts from the last sale price (AED 2.92M, 12 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,922,701
Deposit, UAE resident (20%)
AED 584,540
Deposit, non-resident (40%)
AED 1,169,080
Monthly over 25 years at 3.7%
AED 11,958

Plus AED 127,763 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →