Princess Tower in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Princess Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	82	16,168	1,326,667
2	121	17,480	2,121,300

Rents in Princess Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	87	1,023	89,167
2	119	1,171	138,750
3	187	1,016	189,500

The cap rate (rental yield) of investments into Princess Tower project is 6.3% on average.

The price of an apartment in Princess Tower is 16,951 AED/sqm on average.

The long term rent of an apartment in Princess Tower is 1,056 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Princess Tower is 1,326,667 AED or 16,168 AED/sqm.
Price for completed 2 bedroom apartment in Princess Tower is 2,121,300 AED or 17,480 AED/sqm.

Rent for 1 bedroom apartment in Princess Tower is 89,167 AED or 1,023 AED/sqm.
Rent for 2 bedroom apartment in Princess Tower is 138,750 AED or 1,171 AED/sqm.
Rent for 3 bedroom apartment in Princess Tower is 189,500 AED or 1,016 AED/sqm.

About Princess Tower

'Princess Tower' in 'Dubai Marina' area project description

The Princess Tower is a residential skyscraper located in the Marina district of Dubai, United Arab Emirates. The tower stands at a height of 414 meters, making it the tallest residential building in the world. The tower consists of 107 floors, with the top floor being the penthouse. The building is also home to the world's highest swimming pool, located on the 76th floor.

The tower was designed by the architectural firm Atkins and was completed in 2012. The exterior of the tower is clad in glass and steel, with a curved design that gives it a unique look. The building also features a helipad on the roof, which is used for emergency services and VIP visitors.

The interior of the tower is equally impressive, with luxurious apartments and amenities. Each apartment is equipped with high-end appliances and modern furnishings. The building also features a state-of-the-art gym, a spa, and a business center.

The Princess Tower is a symbol of luxury and opulence in Dubai. The building has become a popular tourist attraction, with visitors coming from all over the world to take in the stunning views from the top of the tower. The building is also a popular spot for celebrities and VIPs, who often stay in the luxurious apartments.

The Princess Tower is a testament to the ambition and vision of Dubai. The building is a symbol of the city's drive to become one of the most modern and luxurious cities in the world. The tower stands as a reminder of the city's commitment to progress and innovation.

Q&A on Princess Tower

What are the advantages of 'Princess Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Princess Tower is located in the heart of Dubai Marina, one of the most sought-after residential districts in the city. The area is known for its luxury lifestyle and easy access to the beach, shopping malls, restaurants, and other amenities.

2. High-end Amenities: Princess Tower offers a range of high-end amenities, including a state-of-the-art gym, spa, and swimming pool. Residents can also enjoy a variety of recreational activities, such as tennis, squash, and basketball.

3. Luxury Living: The tower features luxurious apartments with modern interiors, high-end appliances, and stunning views of the city.

4. Security: Princess Tower is equipped with 24-hour security and CCTV surveillance to ensure the safety of its residents.

5. Investment Potential: The area is a popular choice for real estate investors due to its potential for capital appreciation.

What projects are better than 'Princess Tower' project in Dubai which are located close by, and why?

- Cayan Tower: Known as the "Twisting Tower," it features a unique architectural design with a 90-degree twist, providing stunning panoramic views of the marina and the Arabian Gulf. It also offers luxurious amenities such as an infinity pool, a state-of-the-art gym, and direct marina access.

- Marina Gate: This development comprises three high-end towers with a mix of residential units, serviced apartments, and retail spaces. It's acclaimed for its modern design, high-quality finishes, and resort-style facilities, including expansive swimming pools, a world-class gym, and various dining and entertainment options.

- Jumeirah Living Marina Gate: Part of the Marina Gate complex, it offers branded residences with a focus on luxurious living. Managed by Jumeirah Group, it provides premium services such as concierge, housekeeping, and access to exclusive facilities like rooftop dining and a spa.

- Marina Heights: Another iconic building in the Dubai Marina, it offers larger apartment sizes, making it ideal for families or those looking for more spacious living. The building also boasts excellent amenities such as a large swimming pool, fully equipped gym, and proximity to essential retail outlets.

- Le Rêve: Targeted towards ultra-high-net-worth individuals, Le Rêve provides opulent penthouses with lavish interiors and private elevators. This exclusive development offers personalized services, including private security, chauffeur service, and a highly regarded concierge.

- The Address Dubai Marina: A luxury hotel and residential development, it offers hotel-style amenities, including fine dining restaurants, a spa, and close access to Marina Mall. Residents can enjoy the convenience of hotel services in a residential setting, giving it a distinct edge in terms of lifestyle and convenience.

Each of these projects offers unique features and advantages that can be considered superior to Princess Tower, depending on individual preferences and lifestyle requirements.