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3-bed · 2,019 sqftPrincess Tower, Dubai Marina · 76th floor · completed 2012

7606, Princess Tower

Sold prices and rental history: sold 4 times, last in May 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7606 · DLD and Ejari recordsUpdated 23 May 2019
Last soldAED 2.2M23 May 2019
Current rentAED 180K /yr1 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7606, Princess Tower

What is 7606 worth today?

Last sold for AED 2,200,000 in 2019

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23 May 2019SoldReady
AED 2,200,000AED 1,089 per sqft
1 Jan 2017RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
17 Jul 2015RentedRenewal
AED 220,000/yr12 months · AED 109 per sqft
17 Jul 2014RentedRenewal
AED 210,000/yr12 months · AED 104 per sqft
28 Feb 2013SoldReady
AED 3,200,000AED 1,585 per sqft
25 Dec 2012SoldReady
AED 2,935,488AED 1,454 per sqft
9 Jan 2010Sold by developerOff-plan
AED 2,935,488AED 1,454 per sqft

Source: Dubai Land Department. Updated 23 May 2019.

Key facts

Type
3-bed apartment
Size
2,019 sqft
Floor
76th of 96
Parking
B1-02,B1-03
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 33,600 /yr
Last sold
AED 2.2M · May 2019
Building
Princess Tower

About 7606, Princess Tower

7606 is a three-bedroom apartment of 2,019 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 23 May 2019 for AED 2,200,000, or AED 1,089 per sqft, 5% above the AED 1,038 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 January 2017, is AED 180,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 33,600 a year.

Sales and rents for 7606 over time

Sales
Unit 7606, 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, January 2010: AED 2,935,488 (AED 1,454 per sqft)Sold, December 2012: AED 2,935,488 (AED 1,454 per sqft)Sold, February 2013: AED 3,200,000 (AED 1,585 per sqft)Sold, May 2019: AED 2,200,000 (AED 1,089 per sqft)

7606 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7606, 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 187,500Renewal, July 2014: AED 210,000 a yearRenewal, July 2015: AED 220,000 a yearNew contract, January 2017: AED 180,000 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 7606 sits

All 145 3-beds →

7606 last sold in May 2019 at AED 1,089 per sqft, 5% above what three-beds in Princess Tower were fetching at the time (AED 1,038). 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. 7606's AED 180,000 is in the upper half 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 76th floor

All 763 units in Princess Tower
Value
76012-bedAED 1.38M · Mar 2020
76021-bedAED 1.25M · Apr 2018
76033-bedAED 3M · Mar 2018
76071-bedAED 1.32M · Jun 2023
76082-bedAED 1.63M · Mar 2018

7606, Princess Tower in numbers

  • Sold 4 times: first on 9 January 2010 for AED 2,935,488, last on 23 May 2019 for AED 2,200,000 (AED 1,089 per sqft).
  • Rented since July 2014 on 3 Ejari contracts, from AED 210,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 8.2%, before a service charge of about AED 33,600 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 23 May 2019.

Questions about 7606, Princess Tower

What did unit 7606 last sell for?

AED 2,200,000 on 23 May 2019: AED 1,089 per sqft for 2,019 sqft. The unit has 4 registered sales; the first was AED 2,935,488 in January 2010.

What is the rent for unit 7606?

AED 180,000 a year on the contract signed on 1 January 2017. The previous contract, from July 2015, was AED 220,000; the unit has been rented since July 2014.

How big is unit 7606?

2,019 sqft (187.6 sqm): a three-bedroom apartment on the 76th floor of a 96-storey tower completed in 2012.

What is unit 7606 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 7606, Princess Tower

Starts from the last sale price (AED 2.2M, 23 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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