Princess Tower, Dubai Marina

Princess Tower, Dubai Marina

5.0
Rated 5.0 out of 5.0
Based on 4 Reviews

HIGHLIGHTS

ABOUT PRINCESS TOWER, DUBAI MARINA

Princess Tower is located in the centre of Dubai Marina, one of the busiest localities in Dubai. Princess Tower is one of the tallest completed residential towers in the area, it was also the tallest residential tower in the world from 2012 – 2015. Princess Tower was launched in 2005 and delivered by Tameer Holdings in September 2012, providing a new level of luxury for high-rise living. It currently stands tall at 1,356 ft. and has 101 storeys above ground. Princess Tower consists of 763 residential units of 1, 2, 3-bedroom apartments and penthouses. There are also six floors of underground basement parking and eight retail shops. The most discernible feature of the tower is the circular tip, shaped like a domed crown, it adds the final 185 ft. for the skyscraper. 

view of princess tower
Princess Tower is the tallest building in Dubai Marina

Princess Tower, Dubai Marina is located opposite the Dubai International Marina Club and is in close proximity to many hotels such as The Westin Dubai Mina Seyahi, Le Meridien Mina Seyahi Beach Resort and Dubai Marriott Harbour Hotel and Suites. Princess Tower Marina is also within walking distance to the Dubai Tram which connects to many key areas of Dubai such as Knowledge Park, Al Sufouh and the Dubai Metro on the tram route. The many restaurants and eateries part of the Dubai Marina Walk are also reachable via Tram or on foot. 

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai Marina
  • Developer: Tameer Holdings
  • Date of completion: September 12, 2012
  • Number of floors: 101
  • Number of units: 763 units
  • Unit type: 1, 2, 3, 4 and 5-bedroom apartments and penthouses
  • Type of ownership: Freehold
  • Amenities: Gym, spa, indoor-outdoor swimming pools, event space, kids’ play area, games room

BUILDING DETAILS

FACILITIES IN PRINCESS TOWER, DUBAI

PARKING

One of the key features of Princess Tower, Dubai is the underground basement car parking. Each residential unit is offered at least one reserved parking space, larger units receive two or more reserved parking spaces. There is no guest parking in Princess Tower Marina, guests will have to use the street parking spaces near the building. Otherwise, using public transport to reach Princess Tower Marina is a viable option as it is close to the Marina Towers Tram Station

ELEVATORS

There are a total of 13 high-speed elevators

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

For any issues in the tower, there is 24-hour security, CCTV cameras, a 24-hour front desk and on-site maintenance. All apartments do come with central air conditioning and a balcony overlooking either Palm Jumeirah, the Marina, JBR or in case of the larger apartments all three. 

EVENT SPACE

For events, there is a full floor events area on the 97th floor which is used for parties, meetings and also as an observation deck. 

GYM AND FITNESS FACILITIES

For the health-conscious and those who want to stay fit, there are plenty of options available in the health club which includes a gym, spa and indoor/outdoor swimming pools

LIFESTYLE AMENITIES

Entertainment wise there are play areas for children, older kids and adults can try their hand at billiards, table tennis and air hockey

CONCIERGE AND GUEST SERVICES

Guests can wait in the high-end lobby, however, there is no guest parking in the tower. Visitors will have to use the paid street parking near the building which can be hard to find. 

PET-FRIENDLY

Princess Tower, Dubai Marina is pet-friendly.

SAFETY FEATURES

Princess Tower Marina has also incorporated many safety measures that exceed international standards. 

  • High-tech fire detection and suppression systems are enabled throughout the building.
  •  Upper floor units have a wind speed alarm to warn residents of high winds prior to the opening of the balcony doors. 

A combination of world-class luxury and safety procedures leads Princess Tower, Dubai to be of the highest standard when it comes to skyscraper residential structures. 

PRINCESS TOWER MARINA FLOOR PLANS

The apartments in Princess Tower, Dubai Marina come in different configurations. You can view the floor plans for Princess Tower on Bayut.com. There are floor plans available for 1, 2 and 3-bedroom apartments and 3, 4 and 5-bedroom penthouses. The duplex 2-bedroom apartments are also included in the Princess Tower, Dubai floor plans. 

  • All Floor Plans
  • 1 Bed
  • 2 Beds
  • 3 Beds
  • 4 Beds
  • 5 Beds

APARTMENT TYPES IN PRINCESS TOWER, DUBAI

The tower houses 763 residential units, these are divided into 1, 2 and 3-bedroom apartments. There are also 4-bedroom penthouses that come with many other luxurious amenities and facilities. 

1-BEDROOM APARTMENTS IN PRINCESS TOWER, DUBAI MARINA

1-bedroom flats in Princess Tower, Dubai start from a minimum of 860 sq. ft. Each unit comes with one balcony and a fitted kitchen, you will also find units that come with 2 bathrooms. 1 BHK units offer partial sea views and a few of these residences can also be found fully furnished

2-BEDROOM APARTMENTS IN PRINCESS TOWER, DUBAI MARINA

2-bedroom apartments can be found in a similar configuration as the 1-bed flats. In terms of space, the minimum area for a 2-bed flat is 1,098 sq ft. This includes 2-bedrooms with ensuite bathrooms, a large living room area and a spacious balcony area. Few in number are the duplex properties, these are a minimum of 1,700 sq. ft. with the bedrooms found on the top floor. 

3-BEDROOM APARTMENTS IN PRINCESS TOWER, DUBAI MARINA

Those looking for more space can opt for a 3-bed apartment with a minimum of 1,900 sq. ft. 

There are also larger 3-bed duplexes and 3-bed penthouses which come with ample closet space and an extra balcony. All 3-bedroom apartments, duplexes and penthouses come with a maids’ room.

PENTHOUSES IN PRINCESS TOWER, DUBAI

Penthouses mainly come in 4-bed configurations, these are lavish properties starting from 3,000 sq. ft. The 4-bed penthouses in Princess Tower, Dubai occupy half the floor, amenities include a separate breakfast nook, storeroom and dining room. 

Finally, there are the 5-bed full-floor penthouses in Princess Tower, Dubai Marina. With a minimum area of 6,000 sq. ft. these massive properties are rare to find especially in the Dubai Marina area. They come with similar amenities such as a maid’s room, storerooms and separate entrances from the back of the building. 

MOST POPULAR APARTMENT TYPES IN PRINCESS TOWER DUBAI

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 5-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to searches on Bayut.com, the most popular apartment type in Princess Tower, Dubai are the 2-bedroom apartments. Following are the 1 BHK flats and 3-bed apartments. Rounding up the list are the 4-bed and 5-bed penthouses, these are half-floor and full-floor units. 

RENTAL TRENDS IN PRINCESS TOWER

For the 1-bedroom flats in Princess Tower Dubai, the luxury units offer more space, an extra balcony and an extra guest bathroom. These are priced on the higher end of the spectrum. There are some 2-bedroom duplex apartments which can be rented from AED 120k. The 2 BHK units generally offer views of the Marina and the Dubai Eye located on Bluewaters Island. Many of the 3-bed flats offer full sea views of the Arabian Gulf, if you look close enough you might even spot some of the unique marine wildlife in the water below. 

When it comes to renting, residents will find that they will have to pay their annual lease in post-dated cheques. The maximum number of cheques is normally four, but you will have to check with your landlord and your rental lease as this may differ.

SALES TRENDS IN PRINCESS TOWER

Those looking to invest in Princess Tower, Dubai Marina will find it to be an affordable option in comparison to the neighbouring towers, it also offers freehold ownership to expats which is another plus point when considering buying your own home. 

  • 1-bed apartments in Princess Tower range from AED 1M to AED 1.4M. 
  • Freehold prices for 2-bedroom and 3-bedroom flats start from AED 1.2M and AED 1.9M, respectively. 
  • Average purchasing prices for a 4-bedroom penthouse in Princess Tower Dubai is AED 4.1M.
  • Investors can expect to spend AED 7.5M for a full floor 5-bed penthouse in Princess Tower, Dubai Marina. 

RENTAL YIELD IN PRINCESS TOWER

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

The return on investment (ROI) for those looking to invest in Princess Tower, Dubai is at 6% minimum. 2-bed apartments in Princess Tower, Dubai Marina are the most profitable with their ROI at 6.8%. 1-bedroom flats closely follow with an ROI of 6.7%, these are quite high in comparison to Dubai’s real estate market. Rounding up the list are the larger residences of 3-bedroom apartments and 4-bedroom penthouses at an ROI of 6.1% and 6% respectively. 

SERVICE CHARGES IN PRINCESS TOWER

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. In AED
3.36
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. In AED
4.31
General Fund
Improvement
Charge for the improvement or replacement of services or facilities provided
Price Per Sq. Ft. In AED
0.07
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. In AED
3.33
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. In AED
1.25
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. In AED
0.89
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. In AED
0.72
General Fund
Adjustment
The difference between the estimated amount charged the previous year vs the actual amount spent
Price Per Sq. Ft. In AED
-1.13
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. In AED
2.10
General Fund
Income
A credit or debit charge
Price Per Sq. Ft. In AED
-0.03
General Fund
Total
Price Per Sq. Ft. In AED
14.87
Additional Services
Price Per Sq. Ft. In AED
Additional Charges
Unit A/C (Charges)
Price Per Sq. Ft. In AED
4.42

These figures are based on the services charges for Princess Tower, Marina* as per the Dubai Land Department.

There are many different types of service charges in Dubai, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

TRANSPORTATION IN PRINCESS TOWER

For those who drive, the Princess Tower provides easy access onto King Salman Bin Abdulaziz Al Saud Street (D94), this leads to the JBR district on the west and Dubai Internet City, Dubai Media City and Knowledge Park on the east. Dubai Marina is a good choice if you work in the nearby business hubs but also if you are commuting to Abu Dhabi which is only 1hr and 15 minutes away to the capital’s city centre. 

TRAM STATIONS NEAR PRINCESS TOWER

The Princess Tower is well connected to the public transport system in Dubai. There is the Marina Towers Tram Station within walking distance, it takes 2 minutes on foot. 

METRO STATIONS NEAR PRINCESS TOWER

There are quite a few stations of Dubai Metro near Princess Tower. DAMAC Properties Metro Station and DMCC Metro Station on the Red Line can be reached within 5 minutes by car or tram.

princess tower close to jbr
Princess Tower is located close to JBR

RESTAURANTS NEAR PRINCESS TOWER

Popular Dubai Marina restaurants near the Princess Tower: 

  • ECCO Pizza & Pasta
  • Shami Gourmet 
  • Layaly Beirut Restaurant 
  • Pizza Pazza 
ecco pizza & pasta in princess tower
Residents can easily visit ECCO Pizza & Pasta in Princess Tower

There are quite a few restaurants near the Princess Tower. Resident favourites are the Arab eateries Shami Gourmet in the neighbouring Torch Tower, Layaly Beirut Restaurant in The Heights Tower and the Italian Pizza Pazza in the Marina Crown Tower. 

Fine-dining restaurants in Dubai Marina near the Princess Tower: 

  • Counter Culture Cafe in the Marriott Harbour Hotel 
  • The Croft in the Marriott Harbour Hotel 
  • Observatory Bar and Grill in the Marriott Harbour Hotel 

Those looking at upscale options can visit the restaurants in the Marriott Harbour Hotel and Suites. There is the casual Counter Culture Café which focuses on healthy eating in a laid back kid-friendly setting. There is also outdoor seating available at the café. The Croft is a fine-dining option serving Britishcuisine but if you are looking for dinner with a view then head to the Observatory Bar and Grill, it is located on the 52nd floor of the hotel and is known for its steak and seafood dishes

The many restaurants part of the Marina Walk and JBR are in close proximity, within 10 minutes from the tower. 

SUPERMARKETS NEAR PRINCESS TOWER

fresh berry supermarket
Fresh Berry Supermarket is located in Princess Tower itself

Supermarkets in the area include: 

  • Fresh Berry Supermarket 
  • Carrefour Market 
  • Spinneys 
  • Plus Point Supermarket 

On the ground floor of Princess Tower is the Fresh Berry Supermarket, nearby there is a Carrefour Market in the Marina Crown Tower. Also, in the vicinity is a Spinneys which is part of the Marina Walk and a Plus Point Supermarket in Sulafa Tower. 

NEARBY BUILDINGS

  • Emirates Crown – residential building
  • Damac Heights – residential building
  • Le Reve – residential building
  • Dubai Marriott Harbour Hotel and Suites

Princess Tower is close to many residential buildings, its neighbours include Emirates Crown, Damac Heights and Le Reve. You can also find the Dubai Marriott Harbour Hotel and Suites located close to Princess Tower.

MAJOR LANDMARKS

Nearby landmarks include: 

  • Dubai International Marine Club 
  • Marriott Harbour Hotel and Suites 
Dubai Marina Yacht Club
The marina which is part of the Dubai International Marine Club is easily accessible

As Princess Tower is located right opposite the Dubai International Marine Club and next to the Marriott Harbour Hotel and Suites it is easy to locate. It is also easy to find if you are driving on King Salman Bin Abdulaziz Al Saud Street (D94). 

THINGS TO CONSIDER

While Princess Tower does offer many amenities for its residents one thing to consider is that if you like hosting social events at your resident’s parking for your guests may pose an issue. 

Are you looking to buy or rent apartments in Princess Tower?

RATINGS & REVIEWS

5.0 out of 5.0
Based on 4 Reviews

Apartment Layout

4.0

Security

5.0

Building Management

5.0

Fitness Facilities

4.0

Proximity to Public Transport

5.0

Proximity to Supermarkets

5.0

Proximity to Restaurants & Cafes

5.0

Proximity to Medical Facilities

4.0

Proximity to Shopping Areas

4.0

Parking Facilities

3.0
Anna SmithFew months ago
5.0

Apartment Layout

5.0

Security

5.0

Building Management

4.0

Fitness Facilities

2.0

Proximity to Public Transport

4.0

Proximity to Supermarkets

5.0

Proximity to Restaurants & Cafes

5.0

Proximity to Medical Facilities

3.0

Proximity to Shopping Areas

3.0

Parking Facilities

1.0
AbbasFew months ago
5.0

Apartment Layout

4.0

Building Management

5.0

Fitness Facilities

4.0
AnonymousFew months ago
5.0

Apartment Layout

4.0

Security

5.0

Building Management

5.0

Fitness Facilities

5.0

Proximity to Public Transport

5.0

Proximity to Supermarkets

5.0

Proximity to Restaurants & Cafes

5.0

Proximity to Medical Facilities

5.0

Proximity to Shopping Areas

5.0

Parking Facilities

4.0
Share on whatsapp