2-bed · 1,183 sqftPrincess Tower, Dubai Marina · 44th floor · completed 2012

4405, Princess Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4405 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 2.05M17 October 2024
Current rentAED 140K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4405, Princess Tower

What is 4405 worth today?

Last sold for AED 2,050,000 in 2024

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17 Oct 2024SoldReady
AED 2,050,000AED 1,733 per sqft
12 Sep 2024RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
20 Dec 2023RentedRenewal
AED 102,910/yr12 months · AED 88 per sqft
20 Dec 2021RentedRenewal
AED 77,400/yr12 months · AED 66 per sqft
20 Dec 2020RentedRenewal
AED 72,000/yr12 months · AED 61 per sqft
20 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
31 Oct 2018RentedRenewal
AED 107,000/yr12 months · AED 90 per sqft
31 Oct 2017RentedRenewal
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
2-bed apartment
Size
1,183 sqft
Floor
44th of 96
Parking
B3-05
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 2.05M · October 2024

About 4405, Princess Tower

4405 is a two-bedroom apartment of 1,183 sqft on the 44th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 17 October 2024 for AED 2,050,000, or AED 1,733 per sqft, 6% above the AED 1,637 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 September 2024, is AED 140,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 4405 over time

Sales
Unit 4405, 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 1,996,143 (AED 1,688 per sqft)Sold, January 2013: AED 1,996,143 (AED 1,688 per sqft)Sold, March 2013: AED 750,000 (AED 1,268 per sqft)Sold, October 2024: AED 2,050,000 (AED 1,733 per sqft)

4405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4405, 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, October 2013: AED 119,000 a yearRenewal, October 2014: AED 130,000 a yearRenewal, October 2016: AED 140,000 a yearRenewal, October 2017: AED 120,000 a yearRenewal, October 2018: AED 107,000 a yearNew contract, December 2019: AED 85,000 a yearRenewal, December 2020: AED 72,000 a yearRenewal, December 2021: AED 77,400 a yearRenewal, December 2023: AED 102,910 a yearNew contract, September 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 4405 sits

All 288 2-beds →

4405 last sold in October 2024 at AED 1,733 per sqft, 6% above what two-beds in Princess Tower were fetching at the time (AED 1,637). 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. 4405'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 44th floor

All 763 units in Princess Tower
Value
44012-bedAED 1.45M · Oct 2012
44021-bedAED 1.19M · Oct 2012
44033-bedAED 2.71M · Dec 2012
44042-bedAED 2M · Dec 2012
44063-bedAED 2.25M · Dec 2022
44071-bedAED 1.08M · Dec 2012
44082-bedAED 2M · Dec 2025
1–7 of 9

4405, Princess Tower in numbers

  • Sold 4 times: first on 28 December 2009 for AED 1,996,143, last on 17 October 2024 for AED 2,050,000 (AED 1,733 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 119,000 to AED 72,000 in 2020 and recovered to AED 140,000 by September 2024.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.8%, 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 17 October 2024.

Questions about 4405, Princess Tower

What did unit 4405 last sell for?

AED 2,050,000 on 17 October 2024: AED 1,733 per sqft for 1,183 sqft. The unit has 4 registered sales; the first was AED 1,996,143 in December 2009.

What is the rent for unit 4405?

AED 140,000 a year on the contract signed on 12 September 2024. The previous contract, from December 2023, was AED 102,910; the unit has been rented since October 2013.

How big is unit 4405?

1,183 sqft (109.9 sqm): a two-bedroom apartment on the 44th floor of a 96-storey tower completed in 2012.

What is unit 4405 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 4405, Princess Tower

Starts from the last sale price (AED 2.05M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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