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Princess Tower, Dubai Marina

Princess Tower, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Stunning Views

Luxury Amenities

Prime Location

Weakens

Traffic Congestion

High Rental Costs

Noise Levels

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Buildign Overview

Summary

  • Princess Tower is a premier skyscraper located in the heart of Dubai Marina, renowned for its stunning views and luxurious living.
  • The tower features a variety of nearby amenities, including premium retail outlets, dining options, and leisure activities.
  • Excellent public transport links are available, with the Dubai Tram and Metro stations within walking distance, enhancing connectivity to the rest of the city.
  • Nearby landmarks include the famous JBR Beach, The Walk at JBR, and various parks, contributing to an attractive lifestyle.

Properties Overview

  • The building offers an array of residential units, ranging from studio apartments to expansive penthouses, catering to different tastes and budgets.
  • Popular rental units include one-bedroom and two-bedroom apartments, with current rental prices typically starting from AED 80,000 annually.
  • Units for sale are highly sought after, with prices for two-bedroom apartments generally starting around AED 1.5 million.

Market Trends

  • Recent market trends indicate a stable demand for properties in Princess Tower, with rental prices experiencing a modest increase over the past year.
  • The sales market has shown resilience, with an average return on investment (ROI) in the range of 6-7%, making it an attractive option for investors.
  • Future expectations suggest continued growth, especially with upcoming developments in the Marina area enhancing overall appeal.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents can enjoy easy access to local supermarkets, schools, and healthcare facilities, ensuring all essential services are within reach.
  • Nearby healthcare options include well-established clinics and the Emirates Hospital, providing quality medical services.

Transportation and Accessibility

  • Public transportation is easily accessible, with several bus routes nearby and the Dubai Marina Metro station just a few minutes away.
  • Residents benefit from ample parking spaces, making commutes and travel convenient for those with vehicles.

Lifestyle Amenities

  • The building boasts a range of lifestyle amenities, including a state-of-the-art gym, swimming pool, and relaxing spa facilities.
  • Residents have access to numerous restaurants, cafes, and retail shops located within walking distance, enriching their living experience.

Builing Facilities

  • Princess Tower features high-speed elevators, round-the-clock security, and centralized air conditioning to ensure comfort and safety.
  • Maintenance services are readily available, providing residents with peace of mind regarding property upkeep.

Special Services

  • The building offers unique amenities such as concierge services, guest reception, and business centers catering to professional needs.
  • Additional recreational facilities include a children's play area and landscaped gardens, making it suitable for family living.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building provides a variety of floor plans, accommodating different lifestyles from singles to families, with options for both short-term and long-term rentals.

Things to Consider

  • Potential tenants and buyers should consider factors like proximity to workplaces, available amenities, and community vibe before making decisions.
  • Understanding the local market trends and average prices will also contribute to informed investment choices.

Useful FAQs and Support

Events and Building Life

Building Events

  • Princess Tower hosts a variety of community events and gatherings, fostering a sense of belonging among residents and enhancing community interaction.

Community Identity

  • What distinguishes Princess Tower is its blend of luxury living with a vibrant community spirit, underscored by its iconic architectural design and stunning views.

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Detailed Buiding Insights

1. Family Friendliness

Princess Tower offers family-friendly amenities including spacious apartments, play areas, and proximity to parks and recreational facilities, making it a great choice for families.

Exceptionally Welcoming

2. Living Options

The tower features a variety of living spaces including luxury apartments and penthouses, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

Princess Tower boasts 24/7 security, CCTV surveillance, and controlled access points ensuring residents feel safe and secure at all times.

Remarkably Secure

4. Transportation

The community has excellent access to public transport, including metro stations and buses, along with easy routes to major highways.

Highly Convenient

5. Amenities And Facilities

Amenities include a swimming pool, gym, children's play area, and communal spaces, providing a holistic living experience for residents.

Richly Equipped

6. Cost Of Living

While the cost of living can be higher compared to some areas of Dubai, the luxury, amenities, and location provide a fair value for residents.

Relatively Balanced

7. Things To Do

The area is surrounded by numerous dining, shopping, and leisure options, along with beaches and marina activities, guaranteeing varied entertainment choices.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling Marina area, soundproofing in residences and strategic placement of common areas help maintain a serene environment.

Generally Peaceful

9. Pet Friendliness

While the building does allow pets, specific restrictions apply and the surrounding area has limited pet-friendly spaces.

Moderately Friendly

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (1Beds)
Rent
85K AED
apartment (2Beds)
Rent
124.8K AED
apartment (3Beds)
Rent
181.7K AED
apartment (4Beds)
Rent
374.3K AED
apartment (5Beds)
Rent
1.1M AED
apartment (1Beds)
Sale
1.4M AED
apartment (2Beds)
Sale
2.1M AED
apartment (3Beds)
Sale
2.9M AED
apartment (5Beds)
Sale
7.9M AED
apartment (4Beds)
Sale
5M AED

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Buy: 835.5K AED - 8.5M AED

Rent: 9.5K AED - 1.1M AED

Developer: Tameer Holdings

Building Type: Residential

Building Age: 12 years(completed in 2012)

Length: 763

Unit Types :  1, 2 and 3-bed apartments and 3, 4 and 5-bed penthouses

Floors: 101

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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