1 bedroom, Princess Tower
Dubai, Dubai Marina, Princess Tower
80 m²
Property area
2012
Construction year
10 out of 101
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$361 644 ($4 505/m²)
1 320 000 AED
Rental yield: 7,10%
Barasti Beach
3-min walk
Tram stop
Price growth rate per year: 15%
5-min walk
TOTAL INVESTMENT AMOUNT: $404 411
TOTAL RENTAL YIELD PER YEAR: $42 740
EXPENSES PER YEAR: $14 568
NET RENTAL YIELD PER YEAR: $28 711
or 7,10%
- Unit price: $361 644
- Renovation price: $1 370
- Furnishings: $9 589
- Commission: $7 595
- DLD fee payment: $14 625
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $5 425
TOTAL RENTAL YIELD PER YEAR: $42 740
- Rent payments: $3 562 (per month) / $42 740 (per year)
EXPENSES PER YEAR: $14 568
- Service charge: $3 856
- Utilities: $658
- Internet: $1 266
- AC: $986
- AC maintenance: $110
- Management commission: $7 693
NET RENTAL YIELD PER YEAR: $28 711
or 7,10%
05.02.2024
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Apartment in one of the most popular Dubai Marina towers within walking distance to the beach
Princess Tower is the second tallest residential building in the world (101 floors) developed by Tameer Holdings and completed in 2012. The building is located in Dubai Marina area, within walking distance to Marina Walk and the marina. Barasti beach is only a few minutes away from the building. You can find a lot of stores and restaurants nearby.
3-minute walk to Barasti Beach, 5-minute walk to the streetcar stop.
Key tower features:
Princess Tower is the second tallest residential building in the world (101 floors) developed by Tameer Holdings and completed in 2012. The building is located in Dubai Marina area, within walking distance to Marina Walk and the marina. Barasti beach is only a few minutes away from the building. You can find a lot of stores and restaurants nearby.
3-minute walk to Barasti Beach, 5-minute walk to the streetcar stop.
- 1 bedroom
- 1 bathroom
- 1 balcony
- Property area: 80 sqm
- 10 floor (out of 101)
- Unfurnished
- 1 parking space
- Vacant (the tenant pays monthly and will leave immediately after the transaction)
Key tower features:
- 2 swimming pools, an outdoor one and an indoor one
- 2 large gyms
- Shopping center-like children's playground
- Billiards
- Lounge on the 97th floor
- Access to the building by biometrics (optional)
Dubai Marina is one of the most attractive places to live in Dubai. This neighborhood is located on the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.
The main advantages of living in Dubai Marina are:
1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.
2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.
3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.
4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.
5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.
The main advantages of living in Dubai Marina are:
1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.
2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.
3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.
4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.
5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.