8706, Princess Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 8706, Princess Tower
What is 8706 worth today?
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Source: Dubai Land Department. Updated 1 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,765 sqft
- Floor
- 87th of 96
- Parking
- B1-37
- Developer
- Tameer Holding Investment
- Completed
- 2012
- Service charge
- AED 29,300 /yr
- Last sold
- AED 2.11M · December 2012
- Building
- Princess Tower
About 8706, Princess Tower
8706 is a two-bedroom apartment of 1,765 sqft on the 87th floor of Princess Tower, a 96-storey tower in Dubai Marina completed in 2012 by Tameer Holding Investment. It last sold on 24 December 2012 for AED 2,107,788, or AED 1,194 per sqft, 4% below the AED 1,248 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 93,500 a year: a gross yield of 4.4% on the 2012 price, before the service charge of about AED 29,300 a year.
Sales and rents for 8706 over time
8706 has sold twice; the dashed line is the two-bed median of each year in the building.
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 8706 sits
All 288 2-beds →8706 last sold in December 2012 at AED 1,194 per sqft, 4% below what two-beds in Princess Tower were fetching at the time (AED 1,248). 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. 8706's AED 93,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,185 sqft | 2,000,000 | 1,688 | ||
| 15 Jan 202615 January 2026 | 1,311 sqft | 2,350,000 | 1,793 | ||
| 15 Jan 202615 January 2026 | 1,189 sqft | 54,581 | 45 | ||
| 14 Jan 202614 January 2026 | 650 sqft | 1,250,000 | 1,922 |
Princess Tower
Building763 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%
Other units on the 87th floor
All 763 units in Princess Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 8701 | 4-bed | 3,179 sqft | AED 4.3MAED 4,300,000 · Jan 2013January 2013 | 280,000 /yr | |
| 8702 | 4-bed | 3,179 sqft | AED 5MAED 5,001,000 · Oct 2024October 2024 | 231,000 /yr | |
| 8703 | 2-bed | 1,765 sqft | AED 3.1MAED 3,100,000 · Jan 2015January 2015 | ||
| 8704 | 1-bed | 1,062 sqft | AED 1.28MAED 1,283,075 · Jan 2013January 2013 | 150,000 /yr | |
| 8705 | 1-bed | 1,062 sqft | AED 1.45MAED 1,450,000 · May 2013May 2013 | 100,000 /yr |
8706, Princess Tower in numbers
- Sold twice: first on 9 January 2010 for AED 2,107,788, last on 24 December 2012 for AED 2,107,788 (AED 1,194 per sqft).
- Rented since February 2013 on 7 Ejari contracts, from AED 138,000 to AED 93,500 a year.
- At AED 93,500 a year the gross yield on the 2012 price is 4.4%, before a service charge of about AED 29,300 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 1 April 2022.
Questions about 8706, Princess Tower
What did unit 8706 last sell for?
AED 2,107,788 on 24 December 2012: AED 1,194 per sqft for 1,765 sqft. The unit has 2 registered sales; the first was AED 2,107,788 in January 2010.
What is the rent for unit 8706?
AED 93,500 a year on the contract renewed on 1 April 2022. The previous contract, from March 2020, was AED 100,000; the unit has been rented since February 2013.
How big is unit 8706?
1,765 sqft (164.0 sqm): a two-bedroom apartment on the 87th floor of a 96-storey tower completed in 2012.
What is unit 8706 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 8706, Princess Tower
Starts from the last sale price (AED 2.11M, 24 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,107,788
- Deposit, UAE resident (20%)
- AED 421,558
- Deposit, non-resident (40%)
- AED 843,115
- Monthly over 25 years at 3.7%
- AED 8,624
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →