PRINCESS TOWER
MatureDeveloperTAMEER 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
Market Sales: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 1,540/sqft
Last 12M:AED 1,608/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 1,608/sqft
Prior Year:AED 1,571/sqft
Community Compare: Last 90DDubai Marina
Discount-11%
Below AvgProject:AED 1,540/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
66Sold (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
23 sold262 left
8%
Velocity
2 Bedrooms
298 units
30 sold268 left
10%
Velocity
3 Bedrooms
149 units
9 sold140 left
6%
Velocity
4 Bedrooms
22 units
3 sold19 left
14%
Velocity
5 Bedrooms
9 units
1 sold8 left
11%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (771)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 5-90 | Inventory 285units 13 layouts · Typically 1 parking 4-60 sqm balcony | Size Range 288-1,599sqft | Price Range AED 5K - AED 2.4M | Avg PSF 1,170 | Sales 512 | Trend — | |
Asset Class 2 Bed FlatFloors 5-90 | Inventory 298units 26 layouts · Typically 1 parking 4-90 sqm balcony | Size Range 296-2,581sqft | Price Range AED 55K - AED 3.3M | Avg PSF 1,289 | Sales 553 | Trend — | |
Asset Class 3 Bed FlatFloors 5-78 | Inventory 149units 11 layouts · Typically 2 parking 14-60 sqm balcony | Size Range 460-2,403sqft | Price Range AED 161K - AED 6.9M | Avg PSF 1,337 | Sales 282 | Trend — | |
Asset Class 4 Bed FlatFloors 80-90 | Inventory 22units Typically 2 parking ~27 sqm balcony | Size Range 1,590-3,179sqft | Price Range AED 233K - AED 8.0M | Avg PSF 1,226 | Sales 48 | Trend — | |
Asset Class 5 Bed FlatFloors 91-96 | Inventory 9units 2 layouts · Typically 2.2 parking 54-209 sqm balcony | Size Range 6,147-12,948sqft | Price Range AED 5.3M - AED 34.0M | Avg PSF 1,277 | Sales 24 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 1,179-2,189sqft | Price Range — | Avg PSF 5,885 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 1 parking | Size Range 291-2,276sqft | Price Range — | Avg PSF 2,034 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 771 units