3-bed · 1,999 sqftPrincess Tower, Dubai Marina · 55th floor · completed 2012

5503, Princess Tower

Sold prices and rental history: sold 3 times, last in September 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5503 · DLD and Ejari recordsUpdated 24 March 2024
Last soldAED 2.75M6 September 2016
Current rentAED 170K /yr24 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5503, Princess Tower

What is 5503 worth today?

Last sold for AED 2,750,000 in 2016

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24 Mar 2024RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
24 Mar 2022RentedNew contract
AED 155,000/yr24 months · AED 77 per sqft
6 Sep 2016SoldReady
AED 2,750,000AED 1,375 per sqft
11 Jan 2015RentedNew contract
AED 205,000/yr12 months · AED 102 per sqft
11 Jan 2014RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
6 Jan 2013RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
4 Nov 2012SoldReady
AED 3,223,373AED 1,612 per sqft
9 Jan 2010Sold by developerOff-plan
AED 3,223,373AED 1,612 per sqft

Source: Dubai Land Department. Updated 24 March 2024.

Key facts

Type
3-bed apartment
Size
1,999 sqft
Floor
55th of 96
Parking
P2-06,P2-07
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,200 /yr
Last sold
AED 2.75M · September 2016

About 5503, Princess Tower

5503 is a three-bedroom apartment of 1,999 sqft on the 55th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 6 September 2016 for AED 2,750,000, or AED 1,375 per sqft, in line with the AED 1,401 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 24 March 2024, is AED 170,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 33,200 a year.

Sales and rents for 5503 over time

Sales
Unit 5503, each saleTypical three-bed in Princess Tower
2M3M4M2009201420192024Typical sale price by year: 2009 AED 2,974,338; 2010 AED 2,870,596; 2012 AED 2,900,000; 2013 AED 2,850,000; 2014 AED 3,302,896; 2015 AED 2,900,000; 2016 AED 3,000,000; 2017 AED 2,660,000; 2018 AED 2,225,000; 2019 AED 1,775,000; 2020 AED 1,565,000; 2021 AED 1,700,000; 2022 AED 2,123,000; 2023 AED 2,642,500; 2024 AED 3,105,500; 2025 AED 2,937,500; 2026 AED 3,643,450Sold by developer, January 2010: AED 3,223,373 (AED 1,612 per sqft)Sold, November 2012: AED 3,223,373 (AED 1,612 per sqft)Sold, September 2016: AED 2,750,000 (AED 1,375 per sqft)

5503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5503, each contractTypical three-bed in Princess Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 162,000; 2014 AED 180,000; 2015 AED 190,000; 2016 AED 175,000; 2017 AED 170,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 126,500; 2023 AED 148,500; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 187,500New contract, January 2013: AED 160,000 a yearNew contract, January 2014: AED 200,000 a yearNew contract, January 2015: AED 205,000 a yearNew contract, March 2022: AED 155,000 a yearRenewal, March 2024: AED 170,000 a year

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

3-beds in Princess Tower, and where 5503 sits

All 145 3-beds →

5503 last sold in September 2016 at AED 1,375 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,401). Over the last 12 months three-beds sold for AED 3,000,000 to 5,300,000, around AED 1,813 per sqft, and rent for AED 100,000 to 210,000 a year. 5503's AED 170,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20264,000,000
12 Feb 20263,286,900
28 Jan 20265,300,000
9 Jan 20263,000,000
4 3-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 55th floor

All 763 units in Princess Tower
Value
55012-bedAED 2.2M · May 2025
55021-bedAED 825K · May 2021
55042-bedAED 2.15M · Mar 2013
55052-bedAED 1.78M · Feb 2018
55063-bedAED 2.48M · Dec 2012
55071-bedAED 950K · Jul 2022
55082-bedAED 1.7M · Sep 2016
1–7 of 9

5503, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 3,223,373, last on 6 September 2016 for AED 2,750,000 (AED 1,375 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 160,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 33,200 a year (AED 16.62 per sqft).
  • Three-beds in Princess Tower sold for AED 3,000,000–5,300,000 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 24 March 2024.

Questions about 5503, Princess Tower

What did unit 5503 last sell for?

AED 2,750,000 on 6 September 2016: AED 1,375 per sqft for 1,999 sqft. The unit has 3 registered sales; the first was AED 3,223,373 in January 2010.

What is the rent for unit 5503?

AED 170,000 a year on the contract renewed on 24 March 2024. The previous contract, from March 2022, was AED 155,000; the unit has been rented since January 2013.

How big is unit 5503?

1,999 sqft (185.7 sqm): a three-bedroom apartment on the 55th floor of a 96-storey tower completed in 2012.

What is unit 5503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Princess Tower sold for AED 3,000,000 to 5,300,000 in the last 12 months, around AED 1,813 per sqft.

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Mortgage on 5503, Princess Tower

Starts from the last sale price (AED 2.75M, 6 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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