3-bed · 1,998 sqftPrincess Tower, Dubai Marina · 70th floor · completed 2012

7006, Princess Tower

Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7006 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 2.8M8 January 2013
Current rentAED 230K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7006, Princess Tower

What is 7006 worth today?

Last sold for AED 2,800,000 in 2013

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3 Oct 2024RentedRenewal
AED 230,000/yr12 months · AED 115 per sqft
3 Oct 2023RentedNew contract
AED 230,000/yr12 months · AED 115 per sqft
2 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 90 per sqft
2 Apr 2017RentedRenewal
AED 190,000/yr12 months · AED 95 per sqft
2 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
8 Jan 2013SoldReady
AED 2,800,000AED 1,401 per sqft
19 Sep 2012SoldReady
AED 2,416,494AED 1,209 per sqft
10 Mar 2010Sold by developerOff-plan
AED 2,416,494AED 1,209 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
3-bed apartment
Size
1,998 sqft
Floor
70th of 96
Parking
B2-90,B2-91
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,200 /yr
Last sold
AED 2.8M · January 2013

About 7006, Princess Tower

7006 is a three-bedroom apartment of 1,998 sqft on the 70th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 8 January 2013 for AED 2,800,000, or AED 1,401 per sqft, in line with the AED 1,439 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 3 October 2024, is AED 230,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 33,200 a year.

Sales and rents for 7006 over time

Sales
Unit 7006, 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, March 2010: AED 2,416,494 (AED 1,209 per sqft)Sold, September 2012: AED 2,416,494 (AED 1,209 per sqft)Sold, January 2013: AED 2,800,000 (AED 1,401 per sqft)

7006 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7006, each contractTypical three-bed in Princess Tower
100K200K2012201620202024Typical 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, April 2015: AED 200,000 a yearRenewal, April 2017: AED 190,000 a yearRenewal, April 2018: AED 180,000 a yearNew contract, October 2023: AED 230,000 a yearRenewal, October 2024: AED 230,000 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 7006 sits

All 145 3-beds →

7006 last sold in January 2013 at AED 1,401 per sqft, in line with what three-beds in Princess Tower were fetching at the time (AED 1,439). 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. 7006's AED 230,000 is at the top 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 70th floor

All 763 units in Princess Tower
Value
70012-bedAED 700K · Mar 2019
70021-bedAED 1.03M · Oct 2012
70033-bedAED 2.9M · Dec 2017
70042-bedAED 2.55M · Oct 2024
70052-bedAED 2.2M · Feb 2025
70071-bedAED 1.01M · Oct 2022
70082-bedAED 1.48M · Nov 2012
1–7 of 9

7006, Princess Tower in numbers

  • Sold 3 times: first on 10 March 2010 for AED 2,416,494, last on 8 January 2013 for AED 2,800,000 (AED 1,401 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 200,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2013 price is 8.2%, 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 3 October 2024.

Questions about 7006, Princess Tower

What did unit 7006 last sell for?

AED 2,800,000 on 8 January 2013: AED 1,401 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 2,416,494 in March 2010.

What is the rent for unit 7006?

AED 230,000 a year on the contract renewed on 3 October 2024. The previous contract, from October 2023, was AED 230,000; the unit has been rented since April 2015.

How big is unit 7006?

1,998 sqft (185.6 sqm): a three-bedroom apartment on the 70th floor of a 96-storey tower completed in 2012.

What is unit 7006 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 7006, Princess Tower

Starts from the last sale price (AED 2.8M, 8 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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