1-bed · 924 sqftPrincess Tower, Dubai Marina · 76th floor · completed 2012

7602, Princess Tower

Sold prices and rental history: sold 4 times, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7602 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 1.25M18 April 2018
Current rentAED 90K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7602, Princess Tower

What is 7602 worth today?

Last sold for AED 1,250,000 in 2018

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10 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
5 May 2018RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
18 Apr 2018SoldReady
AED 1,250,000AED 1,353 per sqft
1 Nov 2013RentedNew contract
AED 85,229/yr12 months · AED 92 per sqft
9 Sep 2013SoldReady
AED 1,530,000AED 1,656 per sqft
26 Dec 2012SoldReady
AED 1,080,180AED 1,169 per sqft
9 Jan 2010Sold by developerOff-plan
AED 1,080,180AED 1,169 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
76th of 96
Parking
B1-22
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 15,400 /yr
Last sold
AED 1.25M · April 2018

About 7602, Princess Tower

7602 is a one-bedroom apartment of 924 sqft on the 76th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 18 April 2018 for AED 1,250,000, or AED 1,353 per sqft, in line with the AED 1,392 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 August 2024, is AED 90,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 15,400 a year.

Sales and rents for 7602 over time

Sales
Unit 7602, 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 1,080,180 (AED 1,169 per sqft)Sold, December 2012: AED 1,080,180 (AED 1,169 per sqft)Sold, September 2013: AED 1,530,000 (AED 1,656 per sqft)Sold, April 2018: AED 1,250,000 (AED 1,353 per sqft)

7602 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7602, 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, November 2013: AED 85,229 a yearNew contract, May 2018: AED 42,000 a yearNew contract, August 2024: AED 90,000 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 7602 sits

All 277 1-beds →

7602 last sold in April 2018 at AED 1,353 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,392). 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. 7602's AED 90,000 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 76th floor

All 763 units in Princess Tower
Value
76012-bedAED 1.38M · Mar 2020
76033-bedAED 3M · Mar 2018
76063-bedAED 2.2M · May 2019
76071-bedAED 1.32M · Jun 2023
76082-bedAED 1.63M · Mar 2018

7602, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 1,080,180, last on 18 April 2018 for AED 1,250,000 (AED 1,353 per sqft).
  • Rented since November 2013 on 3 Ejari contracts. The rent fell from AED 85,229 to AED 42,000 in 2018 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2018 price is 7.2%, before a service charge of about AED 15,400 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 10 August 2024.

Questions about 7602, Princess Tower

What did unit 7602 last sell for?

AED 1,250,000 on 18 April 2018: AED 1,353 per sqft for 924 sqft. The unit has 4 registered sales; the first was AED 1,080,180 in January 2010.

What is the rent for unit 7602?

AED 90,000 a year on the contract signed on 10 August 2024. The previous contract, from May 2018, was AED 42,000; the unit has been rented since November 2013.

How big is unit 7602?

924 sqft (85.8 sqm): a one-bedroom apartment on the 76th floor of a 96-storey tower completed in 2012.

What is unit 7602 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 7602, Princess Tower

Starts from the last sale price (AED 1.25M, 18 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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