PRINCESS TOWER

Ready

DeveloperTAMEER HOLDING INVESTMENT (LLC)

CommunityDubai Marina

AreaMarsa Dubai

Started

19 years 1 month ago18-12-2006

Handover

14 years 2 months ago27-10-2011

Status

CompleteFinished

Project Description

Freehold mixed use residential/commercial tower development in the Dubai Marina that is designed to be 6B+G+100 floors high and a total of 771 units. The tower will be constructed out of concrete structure and the exterior finish will be a combination of glass and hard surfaces.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+3%

Growth

Current:AED 1,654/sqft

Last 12M:AED 1,603/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 1,603/sqft

Prior Year:AED 1,576/sqft

Community Compare: Last 90DDubai Marina

Discount

-10%

Below Avg

Project:AED 1,654/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

71Sold (Last 12M)

Supply & Demand Matrix

PRINCESS TOWER averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

285 units

25 sold260 left

Velocity

2 Bedrooms

298 units

31 sold267 left

10%

Velocity

3 Bedrooms

149 units

10 sold139 left

Velocity

4 Bedrooms

22 units

4 sold18 left

18%

Velocity

5 Bedrooms

9 units

1 sold8 left

11%

Velocity

Shop

8 units

0 sold8 left

Velocity

Layouts & Units (771)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 32 units	Type Flat	Beds 2 B/R	Size 1,189 sqft	Avg Price AED 1.7M	Last Price AED 55K	Last Sold 8 days ago	Sales 56

Units 16 units	Type Flat	Beds 2 B/R	Size 1,311 sqft	Avg Price AED 1.6M	Last Price AED 2.4M	Last Sold 8 days ago	Sales 29

Units 34 units	Type Flat	Beds 3 B/R	Size 2,008 sqft	Avg Price AED 2.8M	Last Price AED 3.0M	Last Sold 14 days ago	Sales 66

Units 64 units	Type Flat	Beds 1 B/R	Size 862 sqft	Avg Price AED 1.1M	Last Price AED 1.5M	Last Sold 23 days ago	Sales 122

Units 138 units	Type Flat	Beds 1 B/R	Size 923 sqft	Avg Price AED 1.1M	Last Price AED 22K	Last Sold 28 days ago	Sales 242

Units 56 units	Type Flat	Beds 1 B/R	Size 867 sqft	Avg Price AED 1.0M	Last Price AED 2.0M	Last Sold 29 days ago	Sales 96

Units 52 units	Type Flat	Beds 2 B/R	Size 1,305 sqft	Avg Price AED 1.5M	Last Price AED 2.0M	Last Sold about 1 month ago	Sales 89

Units 48 units	Type Flat	Beds 2 B/R	Size 1,179 sqft	Avg Price AED 1.9M	Last Price AED 2.6M	Last Sold about 1 month ago	Sales 88

Units 8 units	Type Flat	Beds 2 B/R	Size 1,733 sqft	Avg Price AED 2.0M	Last Price AED 2.4M	Last Sold 2 months ago	Sales 17

Units 16 units	Type Flat	Beds 3 B/R	Size 2,019 sqft	Avg Price AED 2.9M	Last Price AED 3.4M	Last Sold 3 months ago	Sales 37

Units 8 units	Type Flat	Beds 5 B/R	Size 6,147 sqft	Avg Price AED 7.9M	Last Price AED 10.4M	Last Sold 4 months ago	Sales 22

Units 22 units	Type Flat	Beds 1 B/R	Size 1,062 sqft	Avg Price AED 1.4M	Last Price AED 1.8M	Last Sold 4 months ago	Sales 43

Units 38 units	Type Flat	Beds 2 B/R	Size 1,301 sqft	Avg Price AED 1.6M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 54

Units 44 units	Type Flat	Beds 2 B/R	Size 1,186 sqft	Avg Price AED 1.8M	Last Price AED 2.1M	Last Sold 5 months ago	Sales 95

Units 2 units	Type Flat	Beds 1 B/R	Size 922 sqft	Avg Price AED 1.3M	Last Price AED 1.8M	Last Sold 5 months ago	Sales 4

Units 36 units	Type Flat	Beds 3 B/R	Size 1,999 sqft	Avg Price AED 3.0M	Last Price AED 3.2M	Last Sold 5 months ago	Sales 65

Units 22 units	Type Flat	Beds 3 B/R	Size 2,006 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold 5 months ago	Sales 37

Units 22 units	Type Flat	Beds 4 B/R	Size 3,179 sqft	Avg Price AED 4.3M	Last Price AED 4.8M	Last Sold 5 months ago	Sales 49

Units 34 units	Type Flat	Beds 2 B/R	Size 1,314 sqft	Avg Price AED 1.5M	Last Price AED 2.0M	Last Sold 6 months ago	Sales 65

Units 503	Type Flat	Beds 3 B/R	Size 1,599 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold about 1 year ago	Sales 4

Units 32 units	Type Flat	Beds 3 B/R	Size 2,014 sqft	Avg Price AED 2.6M	Last Price AED 3.2M	Last Sold about 1 year ago	Sales 55

Units 22 units	Type Flat	Beds 2 B/R	Size 1,765 sqft	Avg Price AED 2.4M	Last Price AED 2.9M	Last Sold over 1 year ago	Sales 43

Units 8 units	Type Flat	Beds 3 B/R	Size 2,403 sqft	Avg Price AED 3.7M	Last Price AED 3.5M	Last Sold over 1 year ago	Sales 14

Units 9601	Type Flat	Beds 5 B/R	Size 12,948 sqft	Avg Price AED 24.2M	Last Price AED 34.0M	Last Sold over 2 years ago	Sales 2

Units 502	Type Flat	Beds 1 B/R	Size 1,599 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold over 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,694 sqft	Avg Price AED 1.4M	Last Price AED 1.2M	Last Sold over 4 years ago	Sales 3

Units 603	Type Flat	Beds 1 B/R	Size 1,063 sqft	Avg Price AED 1.4M	Last Price AED 1.3M	Last Sold over 9 years ago	Sales 2

Units 602	Type Flat	Beds 1 B/R	Size 1,040 sqft	Avg Price AED 698K	Last Price AED 698K	Last Sold over 10 years ago	Sales 1

Units 504	Type Flat	Beds 2 B/R	Size 2,120 sqft	Avg Price AED 2.5M	Last Price AED 3.0M	Last Sold about 11 years ago	Sales 2

Units 501	Type Flat	Beds 2 B/R	Size 2,581 sqft	Avg Price AED 2.4M	Last Price AED 2.4M	Last Sold almost 13 years ago	Sales 1

Units S06	Type Shop	Beds —	Size 291 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S07	Type Shop	Beds —	Size 470 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S02	Type Shop	Beds —	Size 1,248 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,704 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S05	Type Shop	Beds —	Size 2,154 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S01	Type Shop	Beds —	Size 2,189 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S08	Type Shop	Beds —	Size 2,276 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

37 unique layouts covering 771 units