4505, Princess Tower
Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4505, Princess Tower
What is 4505 worth today?
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Source: Dubai Land Department. Updated 5 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,183 sqft
- Floor
- 45th of 96
- Parking
- B3-22
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 19,700 /yr
- Last sold
- AED 700K · April 2021
- Building
- Princess Tower
About 4505, Princess Tower
4505 is a two-bedroom apartment of 1,183 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 7 April 2021 for AED 700,000, or AED 591 per sqft, 31% below the AED 862 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 August 2022, is AED 115,000 a year: a gross yield of 16.4% on the 2021 price, before the service charge of about AED 19,700 a year.
Sales and rents for 4505 over time
4505 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 4505 sits
All 288 2-beds →4505 last sold in April 2021 at AED 591 per sqft, 31% 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. 4505's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,185 sqft | 2,000,000 | 1,688 | ||
| 15 Jan 202615 January 2026 | 1,311 sqft | 2,350,000 | 1,793 | ||
| 15 Jan 202615 January 2026 | 1,189 sqft | 54,581 | 45 | ||
| 14 Jan 202614 January 2026 | 650 sqft | 1,250,000 | 1,922 |
Princess Tower
Building763 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%
Other units on the 45th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 2-bed | 1,305 sqft | AED 1.6MAED 1,600,000 · Jan 2013January 2013 | 170,000 /yr | |
| 4502 | 1-bed | 923 sqft | AED 1.45MAED 1,450,000 · Oct 2024October 2024 | 73,000 /yr | |
| 4503 | 3-bed | 2,006 sqft | AED 2.67MAED 2,670,000 · Jan 2013January 2013 | 70,000 /yr | |
| 4504 | 2-bed | 1,183 sqft | AED 2.5MAED 2,500,000 · Jan 2024January 2024 | 170,000 /yr | |
| 4506 | 3-bed | 2,006 sqft | AED 3.06MAED 3,060,000 · Oct 2013October 2013 | 146,108 /yr | |
| 4507 | 1-bed | 923 sqft | AED 575KAED 575,000 · Sep 2018September 2018 | 90,000 /yr | |
| 4508 | 2-bed | 1,305 sqft | AED 2.2MAED 2,200,000 · Aug 2014August 2014 | 100,000 /yr | |
| 4509 | 1-bed | 862 sqft | AED 1.34MAED 1,335,000 · Dec 2012December 2012 | 42,000 /yr | |
| 4510 | 1-bed | 862 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | 90,000 /yr |
4505, Princess Tower in numbers
- Sold 4 times: first on 28 December 2009 for AED 1,585,380, last on 7 April 2021 for AED 700,000 (AED 591 per sqft).
- Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 139,227 to AED 95,000 in 2019 and recovered to AED 115,000 by August 2022.
- At AED 115,000 a year the gross yield on the 2021 price is 16.4%, 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 5 August 2022.
Questions about 4505, Princess Tower
What did unit 4505 last sell for?
AED 700,000 on 7 April 2021: AED 591 per sqft for 1,183 sqft. The unit has 4 registered sales; the first was AED 1,585,380 in December 2009.
What is the rent for unit 4505?
AED 115,000 a year on the contract signed on 5 August 2022. The previous contract, from May 2021, was AED 100,000; the unit has been rented since October 2013.
How big is unit 4505?
1,183 sqft (109.9 sqm): a two-bedroom apartment on the 45th floor of a 96-storey tower completed in 2012.
What is unit 4505 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 4505, Princess Tower
Starts from the last sale price (AED 700K, 7 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →