1-bed · 1,062 sqftPrincess Tower, Dubai Marina · 86th floor · completed 2012

8604, Princess Tower

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8604 · DLD and Ejari recordsUpdated 16 July 2020
Last soldAED 1.17M27 March 2013
Current rentAED 55K /yr16 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8604, Princess Tower

What is 8604 worth today?

Last sold for AED 1,172,200 in 2013

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16 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
30 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 84 per sqft
30 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 84 per sqft
30 Dec 2017RentedRenewal
AED 100,000/yr12 months · AED 94 per sqft
30 Dec 2015RentedRenewal
AED 105,000/yr12 months · AED 99 per sqft
30 Dec 2014RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft
27 Mar 2013SoldReady
AED 1,172,200AED 1,103 per sqft
30 Dec 2012RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 16 July 2020.

Key facts

Type
1-bed apartment
Size
1,062 sqft
Floor
86th of 96
Parking
P1-14
Developer
Tameer Holding Investment
Completed
2012
Service charge
AED 17,700 /yr
Last sold
AED 1.17M · March 2013

About 8604, Princess Tower

8604 is a one-bedroom apartment of 1,062 sqft on the 86th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 27 March 2013 for AED 1,172,200, or AED 1,103 per sqft, in line with the AED 1,071 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 16 July 2020, is AED 55,000 a year: a gross yield of 4.7% on the 2013 price, before the service charge of about AED 17,700 a year.

Sales and rents for 8604 over time

Sales
Unit 8604, 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, December 2012: AED 1,128,216 (AED 1,062 per sqft)Sold, March 2013: AED 1,172,200 (AED 1,103 per sqft)

8604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8604, 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, December 2012: AED 90,000 a yearNew contract, December 2014: AED 105,000 a yearRenewal, December 2015: AED 105,000 a yearRenewal, December 2017: AED 100,000 a yearRenewal, December 2018: AED 90,000 a yearRenewal, December 2019: AED 90,000 a yearNew contract, July 2020: AED 55,000 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 8604 sits

All 277 1-beds →

8604 last sold in March 2013 at AED 1,103 per sqft, in line with what one-beds in Princess Tower were fetching at the time (AED 1,071). 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. 8604's AED 55,000 is at the bottom 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 120K /yr
Typical yield
5.7%
Princess Tower, Dubai Marina: prices, sales and rents →

Other units on the 86th floor

All 763 units in Princess Tower
Value
86014-bedAED 2.7M · May 2019
86024-bedAED 6.87M · Jan 2025
86032-bedAED 2.7M · Jan 2013
86051-bedAED 1.67M · Nov 2014
86062-bedAED 1.68M · Sep 2021

8604, Princess Tower in numbers

  • Sold twice: first on 12 December 2012 for AED 1,128,216, last on 27 March 2013 for AED 1,172,200 (AED 1,103 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 90,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 4.7%, before a service charge of about AED 17,700 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 16 July 2020.

Questions about 8604, Princess Tower

What did unit 8604 last sell for?

AED 1,172,200 on 27 March 2013: AED 1,103 per sqft for 1,062 sqft. The unit has 2 registered sales; the first was AED 1,128,216 in December 2012.

What is the rent for unit 8604?

AED 55,000 a year on the contract signed on 16 July 2020. The previous contract, from December 2019, was AED 90,000; the unit has been rented since December 2012.

How big is unit 8604?

1,062 sqft (98.7 sqm): a one-bedroom apartment on the 86th floor of a 96-storey tower completed in 2012.

What is unit 8604 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 8604, Princess Tower

Starts from the last sale price (AED 1.17M, 27 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,172,200
Deposit, UAE resident (20%)
AED 234,440
Deposit, non-resident (40%)
AED 468,880
Monthly over 25 years at 3.7%
AED 4,796

Plus AED 54,242 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →