1-bed · 862 sqftPrincess Tower, Dubai Marina · 53rd floor · completed 2012

5310, Princess Tower

Sold prices and rental history: sold 3 times, last in April 2013, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5310 · DLD and Ejari recordsUpdated 25 February 2019
Last soldAED 525K22 April 2013
Current rentAED 70K /yr25 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5310, Princess Tower

What is 5310 worth today?

Last sold for AED 525,000 in 2013

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25 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
4 Jun 2016RentedRenewal
AED 88,000/yr30 months · AED 102 per sqft
4 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
22 Apr 2013SoldReady
AED 525,000AED 609 per sqft
27 Dec 2012SoldReady
AED 932,188AED 1,081 per sqft
28 Dec 2009Sold by developerOff-plan
AED 932,188AED 1,081 per sqft

Source: Dubai Land Department. Updated 25 February 2019.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
53rd of 96
Parking
P2-01
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 14,300 /yr
Last sold
AED 525K · April 2013

About 5310, Princess Tower

5310 is a one-bedroom apartment of 862 sqft on the 53rd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 22 April 2013 for AED 525,000, or AED 609 per sqft, 43% below the AED 1,073 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 February 2019, is AED 70,000 a year: a gross yield of 13.3% on the 2013 price, before the service charge of about AED 14,300 a year.

Sales and rents for 5310 over time

Sales
Unit 5310, each saleTypical one-bed in Princess Tower
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 883,184; 2010 AED 1,032,955; 2011 AED 821,955; 2012 AED 941,310; 2013 AED 1,100,000; 2014 AED 1,450,000; 2015 AED 1,291,778; 2016 AED 1,245,000; 2017 AED 1,272,500; 2018 AED 1,025,000; 2019 AED 900,000; 2020 AED 700,000; 2021 AED 800,000; 2022 AED 972,500; 2023 AED 1,150,000; 2024 AED 1,350,000; 2025 AED 1,420,000; 2026 AED 1,478,910Sold by developer, December 2009: AED 932,188 (AED 1,081 per sqft)Sold, December 2012: AED 932,188 (AED 1,081 per sqft)Sold, April 2013: AED 525,000 (AED 609 per sqft)

5310 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5310, each contractTypical one-bed in Princess Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 94,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 67,500; 2020 AED 55,000; 2021 AED 54,000; 2022 AED 62,818; 2023 AED 79,000; 2024 AED 86,000; 2025 AED 86,141; 2026 AED 87,500New contract, June 2015: AED 90,000 a yearRenewal, June 2016: AED 88,000 a yearNew contract, February 2019: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Princess Tower, and where 5310 sits

All 277 1-beds →

5310 last sold in April 2013 at AED 609 per sqft, 43% below what one-beds in Princess Tower were fetching at the time (AED 1,073). Over the last 12 months one-beds sold for AED 1,438,993 to 2,050,000, around AED 1,696 per sqft, and rent for AED 74,800 to 123,000 a year. 5310's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Feb 20261,438,993
6 Feb 20261,442,820
2 Feb 20261,525,000
26 Jan 20261,515,000
7 1-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 53rd floor

All 763 units in Princess Tower
Value
53012-bedAED 1.85M · May 2015
53021-bedAED 1.4M · Nov 2024
53033-bedAED 3M · Jul 2013
53042-bedAED 1.8M · Apr 2022
53052-bedAED 1.69M · Dec 2012
53063-bedAED 3.17M · Dec 2012
53071-bedAED 1.1M · Feb 2013
1–7 of 9

5310, Princess Tower in numbers

  • Sold 3 times: first on 28 December 2009 for AED 932,188, last on 22 April 2013 for AED 525,000 (AED 609 per sqft).
  • Rented since June 2015 on 3 Ejari contracts, from AED 90,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2013 price is 13.3%, before a service charge of about AED 14,300 a year (AED 16.62 per sqft).
  • One-beds in Princess Tower sold for AED 1,438,993–2,050,000 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 25 February 2019.

Questions about 5310, Princess Tower

What did unit 5310 last sell for?

AED 525,000 on 22 April 2013: AED 609 per sqft for 862 sqft. The unit has 3 registered sales; the first was AED 932,188 in December 2009.

What is the rent for unit 5310?

AED 70,000 a year on the contract signed on 25 February 2019. The previous contract, from June 2016, was AED 88,000; the unit has been rented since June 2015.

How big is unit 5310?

862 sqft (80.1 sqm): a one-bedroom apartment on the 53rd floor of a 96-storey tower completed in 2012.

What is unit 5310 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Princess Tower sold for AED 1,438,993 to 2,050,000 in the last 12 months, around AED 1,696 per sqft.

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Mortgage on 5310, Princess Tower

Starts from the last sale price (AED 525K, 22 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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