3-bed · 2,006 sqftPrincess Tower, Dubai Marina · 45th floor · completed 2012

4503, Princess Tower

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

Unit 4503 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 2.67M23 January 2013
Current rentAED 70K /yr23 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4503, Princess Tower

What is 4503 worth today?

Last sold for AED 2,670,000 in 2013

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23 Sep 2024RentedRenewal
AED 70,000/yr12 months · AED 35 per sqft
23 Sep 2021RentedRenewal
AED 70,000/yr12 months · AED 35 per sqft
23 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 35 per sqft
1 Feb 2020RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft
1 Feb 2017RentedNew contract
AED 185,000/yr12 months · AED 92 per sqft
23 Mar 2015RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
23 Mar 2014RentedRenewal
AED 195,000/yr12 months · AED 97 per sqft
23 Mar 2013RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
3-bed apartment
Size
2,006 sqft
Floor
45th of 96
Parking
P3-75,P3-76
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,300 /yr
Last sold
AED 2.67M · January 2013

About 4503, Princess Tower

4503 is a three-bedroom apartment of 2,006 sqft on the 45th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 23 January 2013 for AED 2,670,000, or AED 1,330 per sqft, 6% below the AED 1,422 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 70,000 a year: a gross yield of 2.6% on the 2013 price, before the service charge of about AED 33,300 a year.

Sales and rents for 4503 over time

Sales
Unit 4503, 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, December 2009: AED 3,330,000 (AED 1,659 per sqft)Sold, January 2013: AED 2,670,000 (AED 1,330 per sqft)Sold, January 2013: AED 3,330,000 (AED 1,659 per sqft)

4503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4503, each contractTypical three-bed in Princess Tower
100K200K2012201620202024Typical 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, March 2013: AED 170,000 a yearRenewal, March 2014: AED 195,000 a yearRenewal, March 2015: AED 170,000 a yearNew contract, February 2017: AED 185,000 a yearNew contract, February 2020: AED 135,000 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 70,000 a yearRenewal, September 2024: AED 70,000 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 4503 sits

All 145 3-beds →

4503 last sold in January 2013 at AED 1,330 per sqft, 6% below what three-beds in Princess Tower were fetching at the time (AED 1,422). 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. 4503's AED 70,000 is at the bottom 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 119K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 45th floor

All 763 units in Princess Tower
Value
45012-bedAED 1.6M · Jan 2013
45021-bedAED 1.45M · Oct 2024
45042-bedAED 2.5M · Jan 2024
45052-bedAED 700K · Apr 2021
45063-bedAED 3.06M · Oct 2013
45071-bedAED 575K · Sep 2018
45082-bedAED 2.2M · Aug 2014
1–7 of 9

4503, Princess Tower in numbers

  • Sold 3 times: first on 20 December 2009 for AED 3,330,000, last on 23 January 2013 for AED 2,670,000 (AED 1,330 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 170,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2013 price is 2.6%, before a service charge of about AED 33,300 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 23 September 2024.

Questions about 4503, Princess Tower

What did unit 4503 last sell for?

AED 2,670,000 on 23 January 2013: AED 1,330 per sqft for 2,006 sqft. The unit has 3 registered sales; the first was AED 3,330,000 in December 2009.

What is the rent for unit 4503?

AED 70,000 a year on the contract renewed on 23 September 2024. The previous contract, from September 2021, was AED 70,000; the unit has been rented since March 2013.

How big is unit 4503?

2,006 sqft (186.4 sqm): a three-bedroom apartment on the 45th floor of a 96-storey tower completed in 2012.

What is unit 4503 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 4503, Princess Tower

Starts from the last sale price (AED 2.67M, 23 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,670,000
Deposit, UAE resident (20%)
AED 534,000
Deposit, non-resident (40%)
AED 1,068,000
Monthly over 25 years at 3.7%
AED 10,924

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