923 sqftPrincess Tower, Dubai Marina · 54th floor · completed 2012

5407, Princess Tower

Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5407 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 585K19 December 2016
Current rentAED 87K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Princess Tower

What is 5407 worth today?

Last sold for AED 585,000 in 2016

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3 Mar 2025RentedRenewal
AED 87,000/yr12 months · AED 95 per sqft
3 Mar 2024RentedRenewal
AED 87,000/yr12 months · AED 94 per sqft
3 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
15 Nov 2019RentedRenewal
AED 70,000/yr12 months · AED 76 per sqft
15 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
23 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
19 Dec 2016SoldReady
AED 585,000AED 633 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
Apartment
Size
923 sqft
Floor
54th of 96
Parking
P3-04
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 585K · December 2016

About 5407, Princess Tower

5407 is an apartment of 923 sqft on the 54th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 19 December 2016 for AED 585,000, or AED 633 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 3 March 2025, is AED 87,000 a year: a gross yield of 14.9% on the 2016 price, before the service charge of about AED 15,300 a year.

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 54th floor

All 763 units in Princess Tower
Value
54012-bedAED 2.15M · Apr 2025
54021-bedAED 1.35M · Oct 2017
54033-bedAED 1.37M · Jun 2013
54042-bedAED 1.88M · Sep 2013
54052-bedAED 1.88M · Dec 2012
54063-bedAED 2.66M · Aug 2023
54082-bedAED 1.39M · Dec 2012
1–7 of 9

5407, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 1,065,702, last on 19 December 2016 for AED 585,000 (AED 633 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2021 and recovered to AED 87,000 by March 2025.
  • At AED 87,000 a year the gross yield on the 2016 price is 14.9%, before a service charge of about AED 15,300 a year (AED 16.62 per sqft).

Source: Dubai Land Department. Updated 3 March 2025.

Questions about 5407, Princess Tower

What did unit 5407 last sell for?

AED 585,000 on 19 December 2016: AED 633 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 1,065,702 in January 2010.

What is the rent for unit 5407?

AED 87,000 a year on the contract renewed on 3 March 2025. The previous contract, from March 2024, was AED 87,000; the unit has been rented since January 2015.

How big is unit 5407?

923 sqft (85.7 sqm): an apartment on the 54th floor of a 96-storey tower completed in 2012.

What is unit 5407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 5407, Princess Tower

Starts from the last sale price (AED 585K, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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