2-bed · 1,181 sqftPrincess Tower, Dubai Marina · 62nd floor · completed 2012

6204, Princess Tower

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

Unit 6204 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.96M25 April 2016
Current rentAED 160K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6204, Princess Tower

What is 6204 worth today?

Last sold for AED 1,955,000 in 2016

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15 Dec 2024RentedRenewal
AED 160,000/yr12 months · AED 136 per sqft
15 Dec 2023RentedNew contract
AED 150,000/yr12 months · AED 128 per sqft
15 Dec 2023RentedNew contract
AED 143,445/yr13 months · AED 122 per sqft
1 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
3 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
3 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
23 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
29 Aug 2017RentedNew contract
AED 129,651/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
62nd of 96
Parking
B2-61
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 19,600 /yr
Last sold
AED 1.96M · April 2016

About 6204, Princess Tower

6204 is a two-bedroom apartment of 1,181 sqft on the 62nd floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 25 April 2016 for AED 1,955,000, or AED 1,654 per sqft, 11% above the AED 1,484 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 160,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 19,600 a year.

Sales and rents for 6204 over time

Sales
Unit 6204, each saleTypical two-bed in Princess Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,472,327; 2010 AED 1,669,434; 2011 AED 1,415,390; 2012 AED 1,508,453; 2013 AED 1,750,000; 2014 AED 2,200,000; 2015 AED 2,050,000; 2016 AED 1,900,000; 2017 AED 1,657,500; 2018 AED 1,453,000; 2019 AED 1,190,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,525,000; 2023 AED 1,667,500; 2024 AED 2,056,018; 2025 AED 2,150,000; 2026 AED 2,000,000Sold by developer, December 2012: AED 1,753,453 (AED 1,484 per sqft)Sold, April 2016: AED 1,955,000 (AED 1,654 per sqft)

6204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6204, each contractTypical two-bed in Princess Tower
100K150K2012201620202024Typical rent by year: 2012 AED 112,000; 2013 AED 115,000; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 74,500; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 115,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 137,000New contract, June 2013: AED 125,000 a yearNew contract, August 2015: AED 135,000 a yearNew contract, September 2015: AED 140,000 a yearNew contract, September 2016: AED 128,587 a yearNew contract, August 2017: AED 129,651 a yearNew contract, September 2018: AED 125,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 90,000 a yearNew contract, November 2022: AED 140,000 a yearNew contract, December 2023: AED 150,000 a yearNew contract, December 2023: AED 143,445 a yearRenewal, December 2024: AED 160,000 a year

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

2-beds in Princess Tower, and where 6204 sits

All 288 2-beds →

6204 last sold in April 2016 at AED 1,654 per sqft, 11% above what two-beds in Princess Tower were fetching at the time (AED 1,484). Over the last 12 months two-beds sold for AED 1,250,000 to 2,600,000, around AED 1,793 per sqft, and rent for AED 90,000 to 205,000 a year. 6204's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20262,000,000
15 Jan 20262,350,000
15 Jan 202654,581
14 Jan 20261,250,000
6 2-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 62nd floor

All 763 units in Princess Tower
Value
62012-bedAED 1.35M · Jan 2013
62021-bedAED 1.04M · Dec 2012
62033-bedAED 3.42M · Oct 2012
62052-bedAED 1.1M · Feb 2021
62063-bedAED 3.05M · Apr 2013
62071-bedAED 1.35M · Dec 2012
62082-bedAED 1.02M · Feb 2021
1–7 of 9

6204, Princess Tower in numbers

  • Sold twice: first on 9 December 2012 for AED 1,753,453, last on 25 April 2016 for AED 1,955,000 (AED 1,654 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2020 and recovered to AED 160,000 by December 2024.
  • At AED 160,000 a year the gross yield on the 2016 price is 8.2%, before a service charge of about AED 19,600 a year (AED 16.62 per sqft).
  • Two-beds in Princess Tower sold for AED 1,250,000–2,600,000 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 December 2024.

Questions about 6204, Princess Tower

What did unit 6204 last sell for?

AED 1,955,000 on 25 April 2016: AED 1,654 per sqft for 1,181 sqft. The unit has 2 registered sales; the first was AED 1,753,453 in December 2012.

What is the rent for unit 6204?

AED 160,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 150,000; the unit has been rented since June 2013.

How big is unit 6204?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 62nd floor of a 96-storey tower completed in 2012.

What is unit 6204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Princess Tower sold for AED 1,250,000 to 2,600,000 in the last 12 months, around AED 1,793 per sqft.

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Mortgage on 6204, Princess Tower

Starts from the last sale price (AED 1.96M, 25 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,955,000
Deposit, UAE resident (20%)
AED 391,000
Deposit, non-resident (40%)
AED 782,000
Monthly over 25 years at 3.7%
AED 7,999

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