2-bed · 1,304 sqftPrincess Tower, Dubai Marina · 46th floor · completed 2012

4601, Princess Tower

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4601 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 1.3M3 March 2013
Current rentAED 120K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4601, Princess Tower

What is 4601 worth today?

Last sold for AED 1,297,777 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
27 Mar 2022RentedRenewal
AED 80,500/yr12 months · AED 62 per sqft
27 Mar 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
28 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
20 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 100 per sqft
20 Mar 2016RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
3 Mar 2013SoldReady
AED 1,297,777AED 995 per sqft
28 Dec 2009Sold by developerOff-plan
AED 1,297,777AED 995 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,304 sqft
Floor
46th of 96
Parking
P3-30
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.3M · March 2013

About 4601, Princess Tower

4601 is a two-bedroom apartment of 1,304 sqft on the 46th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 3 March 2013 for AED 1,297,777, or AED 995 per sqft, 19% below the AED 1,235 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 October 2023, is AED 120,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 21,700 a year.

Sales and rents for 4601 over time

Sales
Unit 4601, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical 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 1,297,777 (AED 995 per sqft)Sold, March 2013: AED 1,297,777 (AED 995 per sqft)

4601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4601, 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, March 2016: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearNew contract, September 2018: AED 90,000 a yearRenewal, March 2021: AED 70,000 a yearRenewal, March 2022: AED 80,500 a yearNew contract, October 2023: AED 120,000 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 4601 sits

All 288 2-beds →

4601 last sold in March 2013 at AED 995 per sqft, 19% below what two-beds in Princess Tower were fetching at the time (AED 1,235). 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. 4601's AED 120,000 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 46th floor

All 763 units in Princess Tower
Value
46021-bedAED 1.35M · Apr 2017
46033-bedAED 2.8M · Feb 2013
46042-bedAED 1.8M · May 2013
46052-bedAED 1.67M · Jan 2013
46063-bedAED 2.59M · Dec 2012
46071-bedAED 860K · Nov 2019
46082-bedAED 1.35M · Dec 2012
1–7 of 9

4601, Princess Tower in numbers

  • Sold twice: first on 28 December 2009 for AED 1,297,777, last on 3 March 2013 for AED 1,297,777 (AED 995 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2021 and recovered to AED 120,000 by October 2023.
  • At AED 120,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 21,700 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 15 October 2023.

Questions about 4601, Princess Tower

What did unit 4601 last sell for?

AED 1,297,777 on 3 March 2013: AED 995 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 1,297,777 in December 2009.

What is the rent for unit 4601?

AED 120,000 a year on the contract signed on 15 October 2023. The previous contract, from March 2022, was AED 80,500; the unit has been rented since March 2016.

How big is unit 4601?

1,304 sqft (121.1 sqm): a two-bedroom apartment on the 46th floor of a 96-storey tower completed in 2012.

What is unit 4601 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.

Selling 4601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4601, Princess Tower

Starts from the last sale price (AED 1.3M, 3 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,297,777
Deposit, UAE resident (20%)
AED 259,555
Deposit, non-resident (40%)
AED 519,111
Monthly over 25 years at 3.7%
AED 5,310

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