1-bed · 923 sqftPrincess Tower, Dubai Marina · 56th floor · completed 2012

5607, Princess Tower

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5607 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.5M20 February 2014
Current rentAED 80K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5607, Princess Tower

What is 5607 worth today?

Last sold for AED 1,500,000 in 2014

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15 Sep 2024RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
15 Sep 2023RentedRenewal
AED 75,000/yr12 months · AED 81 per sqft
15 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
10 Apr 2022RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
10 Apr 2021RentedNew contract
AED 54,000/yr12 months · AED 58 per sqft
4 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
1 Jul 2018RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
1 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
56th of 96
Parking
P2-61
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.5M · February 2014

About 5607, Princess Tower

5607 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 20 February 2014 for AED 1,500,000, or AED 1,624 per sqft, 25% above the AED 1,300 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 80,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 15,300 a year.

Sales and rents for 5607 over time

Sales
Unit 5607, each saleTypical one-bed in Princess Tower
1M1.5M2009201420192024Typical 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, January 2010: AED 1,020,955 (AED 1,105 per sqft)Sold, December 2013: AED 1,020,955 (AED 1,105 per sqft)Sold, February 2014: AED 1,500,000 (AED 1,624 per sqft)

5607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5607, each contractTypical one-bed in Princess Tower
50K75K100K2012201620202024Typical 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, March 2015: AED 105,000 a yearNew contract, May 2016: AED 100,000 a yearNew contract, July 2017: AED 90,000 a yearRenewal, July 2018: AED 80,000 a yearNew contract, November 2020: AED 50,000 a yearNew contract, April 2021: AED 54,000 a yearNew contract, April 2022: AED 57,000 a yearNew contract, September 2022: AED 70,000 a yearRenewal, September 2023: AED 75,000 a yearRenewal, September 2024: AED 80,000 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 5607 sits

All 277 1-beds →

5607 last sold in February 2014 at AED 1,624 per sqft, 25% above what one-beds in Princess Tower were fetching at the time (AED 1,300). 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. 5607's AED 80,000 is in the lower half 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 119K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 56th floor

All 763 units in Princess Tower
Value
56012-bedAED 1.69M · May 2024
56021-bedAED 1.02M · Dec 2012
56033-bedAED 3.1M · Aug 2013
56042-bedAED 1.72M · Dec 2012
5605AED 2.6M · Oct 2025
56063-bedAED 2.6M · Apr 2022
56082-bedAED 1.25M · Jan 2026
1–7 of 9

5607, Princess Tower in numbers

  • Sold 3 times: first on 9 January 2010 for AED 1,020,955, last on 20 February 2014 for AED 1,500,000 (AED 1,624 per sqft).
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2020 and recovered to AED 80,000 by September 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 5.3%, 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 15 September 2024.

Questions about 5607, Princess Tower

What did unit 5607 last sell for?

AED 1,500,000 on 20 February 2014: AED 1,624 per sqft for 923 sqft. The unit has 3 registered sales; the first was AED 1,020,955 in January 2010.

What is the rent for unit 5607?

AED 80,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since March 2015.

How big is unit 5607?

923 sqft (85.7 sqm): a one-bedroom apartment on the 56th floor of a 96-storey tower completed in 2012.

What is unit 5607 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 5607, Princess Tower

Starts from the last sale price (AED 1.5M, 20 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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