5602, Princess Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5602, Princess Tower
What is 5602 worth today?
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Source: Dubai Land Department. Updated 30 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 923 sqft
- Floor
- 56th of 96
- Parking
- P3-55
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.02M · December 2012
- Building
- Princess Tower
About 5602, Princess Tower
5602 is a one-bedroom apartment of 923 sqft on the 56th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 29 December 2012 for AED 1,020,180, or AED 1,104 per sqft, 5% above the AED 1,047 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 30 October 2024, is AED 100,000 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 15,300 a year.
Sales and rents for 5602 over time
5602 has sold twice; the dashed line is the one-bed median of each year in the building.
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 5602 sits
All 277 1-beds →5602 last sold in December 2012 at AED 1,104 per sqft, 5% above what one-beds in Princess Tower were fetching at the time (AED 1,047). 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. 5602's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Feb 202614 February 2026 | 923 sqft | 1,438,993 | 1,559 | ||
| 6 Feb 20266 February 2026 | 923 sqft | 1,442,820 | 1,563 | ||
| 2 Feb 20262 February 2026 | 923 sqft | 1,525,000 | 1,652 | ||
| 26 Jan 202626 January 2026 | 862 sqft | 1,515,000 | 1,758 |
Princess Tower
Building763 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 119K /yr
- Typical yield
- 5.7%
Other units on the 56th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 2-bed | 1,301 sqft | AED 1.69MAED 1,685,000 · May 2024May 2024 | 72,000 /yr | |
| 5603 | 3-bed | 1,999 sqft | AED 3.1MAED 3,100,000 · Aug 2013August 2013 | 235,000 /yr | |
| 5604 | 2-bed | 1,179 sqft | AED 1.72MAED 1,723,453 · Dec 2012December 2012 | 157,268 /yr | |
| 5605 | 1,179 sqft | AED 2.6MAED 2,600,000 · Oct 2025October 2025 | 104,362 /yr | ||
| 5606 | 3-bed | 1,999 sqft | AED 2.6MAED 2,600,000 · Apr 2022April 2022 | 180,000 /yr | |
| 5607 | 1-bed | 923 sqft | AED 1.5MAED 1,500,000 · Feb 2014February 2014 | 80,000 /yr | |
| 5608 | 2-bed | 1,301 sqft | AED 1.25MAED 1,250,000 · Jan 2026January 2026 | 130,000 /yr | |
| 5609 | 1-bed | 862 sqft | AED 1.52MAED 1,515,000 · Jan 2026January 2026 | 121,275 /yr | |
| 5610 | 1-bed | 862 sqft | AED 1.35MAED 1,350,000 · Sep 2024September 2024 | 90,000 /yr |
5602, Princess Tower in numbers
- Sold twice: first on 27 May 2012 for AED 1,020,180, last on 29 December 2012 for AED 1,020,180 (AED 1,104 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2019 and recovered to AED 100,000 by October 2024.
- At AED 100,000 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 15,300 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 30 October 2024.
Questions about 5602, Princess Tower
What did unit 5602 last sell for?
AED 1,020,180 on 29 December 2012: AED 1,104 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 1,020,180 in May 2012.
What is the rent for unit 5602?
AED 100,000 a year on the contract renewed on 30 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since January 2015.
How big is unit 5602?
923 sqft (85.7 sqm): a one-bedroom apartment on the 56th floor of a 96-storey tower completed in 2012.
What is unit 5602 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 5602, Princess Tower
Starts from the last sale price (AED 1.02M, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,180
- Deposit, UAE resident (20%)
- AED 204,036
- Deposit, non-resident (40%)
- AED 408,072
- Monthly over 25 years at 3.7%
- AED 4,174
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →