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2-bed · 1,180 sqftPrincess Tower, Dubai Marina · 50th floor · completed 2012

5004, Princess Tower

Sold prices and rental history: sold twice, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5004 · DLD and Ejari recordsUpdated 20 December 2012
Last soldAED 1.69M20 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5004, Princess Tower

What is 5004 worth today?

Last sold for AED 1,693,452 in 2012

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20 Dec 2012SoldReady
AED 1,693,452AED 1,434 per sqft
28 Dec 2009Sold by developerOff-plan
AED 1,170,000AED 991 per sqft

Source: Dubai Land Department. Updated 20 December 2012.

Key facts

Type
2-bed apartment
Size
1,180 sqft
Floor
50th of 96
Parking
P3-47
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.69M · December 2012
Building
Princess Tower

About 5004, Princess Tower

5004 is a two-bedroom apartment of 1,180 sqft on the 50th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 20 December 2012 for AED 1,693,452, or AED 1,434 per sqft, 15% above the AED 1,248 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5004 over time

Sales
Unit 5004, 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 1,170,000 (AED 991 per sqft)Sold, December 2012: AED 1,693,452 (AED 1,434 per sqft)

5004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5004, 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 137,000

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 5004 sits

All 288 2-beds →

5004 last sold in December 2012 at AED 1,434 per sqft, 15% above what two-beds in Princess Tower were fetching at the time (AED 1,248). 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.

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 50th floor

All 763 units in Princess Tower
Value
50012-bedAED 1.2M · Dec 2012
50021-bedAED 880K · Dec 2012
50033-bedAED 2.6M · Sep 2022
50052-bedAED 2.1M · Oct 2024
50063-bedAED 2.8M · May 2024
50071-bedAED 792K · Dec 2012
50082-bedAED 1.68M · May 2017
1–7 of 9

5004, Princess Tower in numbers

  • Sold twice: first on 28 December 2009 for AED 1,170,000, last on 20 December 2012 for AED 1,693,452 (AED 1,434 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 20 December 2012.

Questions about 5004, Princess Tower

What did unit 5004 last sell for?

AED 1,693,452 on 20 December 2012: AED 1,434 per sqft for 1,180 sqft. The unit has 2 registered sales; the first was AED 1,170,000 in December 2009.

How big is unit 5004?

1,180 sqft (109.6 sqm): a two-bedroom apartment on the 50th floor of a 96-storey tower completed in 2012.

What is unit 5004 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 5004, Princess Tower

Starts from the last sale price (AED 1.69M, 20 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,452
Deposit, UAE resident (20%)
AED 338,690
Deposit, non-resident (40%)
AED 677,381
Monthly over 25 years at 3.7%
AED 6,928

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