Princess Tower — project image
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Princess Tower

From AED 2.40M·Completed Feb 2025·Developer payment plan available Payment
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AED 2.40M
Starting Price
Feb 2025
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Princess Tower is a 101-storey impressive residential skyscraper in Dubai Marina, Dubai, designed by Tameer Holding. The architectural consultant was Adnan Saffarini of England. Princess Tower is an outstanding engineering and architectural structure. The tower features an elegant modern design with a spire and dome at the top, giving it a majestic appearance. The development contains a total of 763 units, which include 1 to 3 bedroom flats as well as penthouses and duplexes. The apartments feature modern interiors and high quality appliances and sanitaryware. The flats on the upper floors have a wind detection system that automatically locks the sliding doors to prevent access to the balcony in high winds. Residents have access to indoor and outdoor swimming pools, a fully equipped gym, sauna, Jacuzzi, billiard room, table tennis courts, electronic games room and a children's room. On the ground floor of the tower are retail shops where you can buy everything from groceries to fashionable clothes. Princess Tower is approximately 19 minutes' drive to Dubai Mall, 10 minutes to Palm Jumeirah, 15 minutes to Burj Al Arab and 8 minutes to The Walk JBR. Dubai International Airport is approximately 27 minutes‘ drive away and Al Maktoum International Airport is approximately 34 minutes’ drive away.

Project Specifications
DeveloperTameer Holdings
LocationDubai Marina
Unit Types2 BR, Apartments
AreaDubai Marina
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 103,560 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,360
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.10M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Tameer Holdings.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Lift
Retail outlets
Sauna
Shared Jacuzzi
Shared Pool
Shared gym & fitness

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Princess Tower by Tameer Holdings

02

Located in Dubai Marina

03

Starting from AED 2,400,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Feb 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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