Princess Tower sits at the northern tip of Dubai Marina, in the cluster of supertalls known locally as the “Tallest Block.” For over a decade it has been one of the most recognisable addresses in the city – not just for its record-setting height, but for what it represents: waterfront high-rise living with direct access to Marina Walk, the tram, and the wider Dubai Marina lifestyle. This guide covers everything a buyer, tenant, or relocating resident needs to know about Princess Tower and its immediate Marina surroundings in 2026 – from the building itself to connectivity, pricing, amenities, and the buying process.

Princess Tower at a Glance

Princess Tower is a 101-storey residential-only skyscraper standing 413.4 metres tall, developed by Tameer Holdings and completed in 2012. Including its six basement levels and ground floor, the structure is often listed as 107 storeys in total. From 2012 to 2015 it held the title of the world’s tallest residential building, before New York’s 432 Park Avenue overtook it. As of the most recent tall-building rankings, Princess Tower remains the third-tallest building in Dubai, behind only Burj Khalifa and Marina 101, and it continues to rank among the tallest 40 or so buildings on the planet.

The tower was engineered under Syed Majid Hashmi as chief structural engineer, with Eng. Adnan Saffarini credited as architectural consultant. Its postmodern glass-and-aluminium façade, topped with a distinctive domed crown that illuminates at night, has made it one of the most photographed silhouettes on the Dubai Marina skyline.

Princess Tower contains 763 residential units across its floors, along with 957 underground parking bays spread over six basement levels and eight ground-floor retail outlets. Typical floors hold roughly ten units each, arranged around a central elevator core, which keeps corridors short and access straightforward for residents.

Where Exactly Is Princess Tower Located?

Princess Tower sits in what agents refer to as Dubai Marina’s “Tallest Block” – the northern end of the Marina, closest to the sea rather than the inland side that faces Jumeirah Lake Towers. This positioning matters for two practical reasons. First, units on the western and northwestern faces of the tower tend to look directly over open water toward Palm Jumeirah and the Arabian Gulf, rather than into neighbouring towers, which is a meaningful driver of both price and rental demand. Second, being at the northern edge places Princess Tower slightly closer to Dubai Media City and Sheikh Zayed Road’s northern interchange than towers at the Marina’s southern end near JBR.

By car, Sheikh Zayed Road (E11) is roughly an eight-minute drive away, giving fast access to Downtown Dubai, DIFC, and the airport corridor. On foot, the tram stop at Le Meridien and Marina Towers Tram Station are both within a short walk, which is the detail most listing pages gloss over: Princess Tower is walkable to public transport, even though it isn’t directly beside a metro station.

Getting Around: Metro, Tram, and Road Access

Connectivity is one of the strongest arguments for Princess Tower as both a home and an investment. Marina Towers Tram Station is roughly a seven-minute walk away and connects directly into the Dubai Tram network, which runs along the Marina promenade and links across a pedestrian footbridge to Sobha Realty Metro Station on Sheikh Zayed Road’s Red Line. Damac Metro Station, also on the Red Line, is about a 13-minute walk. Several bus routes, including lines 8, 84, and F55A, stop within a few minutes of the building.

For residents without a car, this combination of tram, footbridge, and Red Line metro access means Downtown Dubai and Dubai Mall are reachable in roughly 20–30 minutes door to door, while Dubai International Airport is around a 30-minute drive or a little over an hour by public transport. For owners marketing short-term or holiday-home rentals, this transit access is a genuine selling point tourists actively search for.

Lifestyle and What’s Nearby

Dubai Marina was built around a 7-kilometre landscaped promenade, Marina Walk, which loops the water’s edge and remains one of the most popular jogging, cycling, and dining strips in the city. From Princess Tower, residents can walk to Dubai Marina Mall, home to more than 130 retail outlets and roughly 390,000 square feet of leasable space across four levels, as well as cinemas and a broad restaurant selection. A short distance further, across Sheikh Zayed Road, Ibn Battuta Mall offers a very different shopping experience built around themed zones representing historic trade routes.

The Walk at JBR and JBR Beach are a short tram ride south, giving quick access to beachfront cafés, boutique retail, and the open-air entertainment strip that runs along the coast. Thrill-seekers based in Princess Tower are also close to Skydive Dubai’s drop zone over Palm Jumeirah and the Xline zipline, which launches riders across the Marina skyline at speed. For families, the Marina itself has limited dedicated healthcare and education infrastructure directly on-site, but well-regarded options sit a short drive away: Horizon International School, Dubai British School, and King’s School Dubai are among the nearest, and several nurseries and early-learning centres operate within a five- to ten-minute walk of the tram stops.

On the healthcare side, residents have several clinics within easy reach, including Medcare Medical Centre, Novomed Dubai Marina, and a King’s College Hospital London Trauma Centre facility near the Mina Seyahi tram stop – useful to know for anyone weighing day-to-day convenience rather than just the view from the balcony.

Apartment and Penthouse Options in Princess Tower

Princess Tower was designed with a wide unit mix, which is part of why it appeals to such a broad range of buyers and tenants. One-bedroom apartments typically include two bathrooms, a fitted kitchen, built-in wardrobes, a laundry area, and a balcony, with covered areas ranging from roughly 859 to 1,599 square feet. Two-bedroom units step up to three bathrooms and larger living and dining areas, spanning approximately 1,183 to 1,800 square feet. Three-bedroom apartments offer four bathrooms and covered areas between roughly 1,900 and 2,100 square feet, often with a terrace in addition to a balcony.

At the top of the building, penthouses and duplexes are available in three-, four-, and five-bedroom configurations, featuring floor-to-ceiling windows, private terraces, multiple balconies, maid’s rooms, and en-suite bathrooms throughout. The largest penthouses extend well beyond 6,000 square feet, offering some of the most expansive private residences on the Marina skyline.

Every resident, regardless of unit size, has access to the building’s shared amenities: indoor and outdoor swimming pools, a fully equipped gymnasium, sauna and steam room, an exercise studio, games rooms, a children’s play area, a banqueting hall, and – perhaps its most distinctive feature – an Observation Deck on the 97th floor with Wi-Fi access, offering panoramic views over the Marina, the Gulf, and Palm Jumeirah.

Property Prices and Rental Trends in 2026

Pricing in Princess Tower has moved steadily upward over the past several years, tracking broader demand for waterfront high-rise living in Dubai Marina. Average sale prices have climbed from roughly AED 800 per square foot in 2020 to somewhere around AED 1,600 per square foot by 2026, with the strongest growth recorded through 2023 and 2024 before settling into a more gradual pattern of quarter-to-quarter movement. In practical terms, one-bedroom apartments generally sell in the AED 1.4 million to AED 2 million range, three-bedroom units can reach up to roughly AED 3.5 million depending on floor and view, and penthouses command significantly more, with premium units listed well above AED 8 million.

Rental values have followed a similar trajectory, rising from around AED 55 per square foot in 2020 to roughly AED 100 per square foot in 2026. Reported gross rental yields around Princess Tower sit near 6.1 percent, which is competitive for a landmark high-rise address, and long-term leases make up the large majority of tenancies – reportedly more than 96 percent – suggesting a tenant base that values stability over short-term turnover. Tenant renewal activity has also been reasonably strong, indicating that residents who move in tend to stay.

As with any single-building analysis, these figures are indicative rather than fixed: floor level, view direction (Palm Jumeirah and open sea command a premium over inward-facing units), interior condition, and furnishing status all move the final number. Anyone comparing apartments for sale in Dubai Marina should treat Princess Tower’s landmark status as a factor supporting long-term liquidity, since its brand recognition tends to keep resale interest and rental demand more consistent than in lesser-known towers nearby.

Is Princess Tower a Good Investment?

For investors, Princess Tower’s appeal rests on three pillars: location, liquidity, and brand recognition. Its position at the northern, sea-facing edge of Dubai Marina gives it genuine view scarcity compared with towers set further back from the water. Its status as a former world record holder means the building is instantly recognisable, which tends to support both resale interest and rental enquiries from tenants who specifically search for well-known addresses rather than generic Marina listings. And with the surrounding infrastructure – tram, metro connection via the Sheikh Zayed Road footbridge, Marina Walk, and Dubai Marina Mall – the building benefits from an ecosystem that neither ages out of demand nor requires additional off-site amenities to stay attractive.

That said, prospective buyers should weigh the trade-offs typical of any large, established high-rise: service charges on a building of this scale and age can be higher than in newer developments, and unit condition varies significantly depending on how well a given apartment has been maintained since 2012. Buyers focused purely on off-plan appreciation may find newer Marina developments more attractive, while those prioritising immediate rental income, stable tenant demand, and long-term brand value in a ready property tend to find Princess Tower a strong fit.

Buying or Renting in Princess Tower: What to Expect

For overseas and resident buyers alike, purchasing in Princess Tower follows Dubai’s standard freehold process for designated investment areas, which includes registering the transaction with the Dubai Land Department (DLD) and, where financing is involved, securing a mortgage pre-approval before making an offer. Tenants renting in the building will typically go through Ejari registration to formalise the lease, a standard requirement across Dubai’s rental market. Because Princess Tower is a long-established, high-demand address, buyers and renters alike should expect competitive interest on well-priced, well-maintained units, particularly those with unobstructed Palm Jumeirah or open-sea views.

Working with a broker familiar with the building’s specific floor plans and view lines is worth the effort here: two units of identical size on different sides of the tower – or even a few floors apart – can carry meaningfully different price tags once view and light exposure are factored in.

FAQs

Is Princess Tower still the tallest residential building in the world?

No. Princess Tower held that title from 2012 to 2015, when it was surpassed by 432 Park Avenue in New York City. It remains the third-tallest building in Dubai, after Burj Khalifa and Marina 101.

How many floors does Princess Tower have?

The tower is generally described as 101 storeys of residential space, or 107 storeys when the six basement levels and ground floor are included in the count.

How tall is Princess Tower?

It stands at 413.4 metres, making it one of the tallest residential-only buildings in the world and a defining feature of the Dubai Marina skyline.

What is the nearest metro station to Princess Tower?

Damac Metro Station is the closest Red Line stop, roughly a 13-minute walk. Sobha Realty Metro Station is also accessible via a pedestrian footbridge from Dubai Marina Tram Station, a common route residents use to reach Sheikh Zayed Road’s metro line.

What apartment types are available in Princess Tower?

The building offers one-, two-, and three-bedroom apartments, along with three-, four-, and five-bedroom penthouses and duplexes, ranging from around 859 square feet up to more than 6,000 square feet for the largest penthouses.

What is the average rental yield in Princess Tower?

Reported gross rental yields sit around 6.1 percent, which is competitive for a landmark Dubai Marina high-rise, supported by strong long-term tenant demand.

Is Princess Tower a good place to live for families?

It suits families who prioritise waterfront high-rise living and don’t need schools directly within the building’s footprint. Nearby options include Horizon International School, Dubai British School, and King’s School Dubai, all a short drive away, alongside several nurseries within walking distance of the Marina’s tram stops.

Which side of Princess Tower has the best views?

Units on the western and northwestern faces generally overlook open water toward Palm Jumeirah and the Gulf, which tends to command higher prices than units facing inward toward neighbouring towers.

What amenities does Princess Tower offer residents?

Indoor and outdoor swimming pools, a gymnasium, sauna and steam room, an exercise studio, games rooms, a children’s play area, a banqueting hall, and a 97th-floor Observation Deck with Wi-Fi access.

How do I get from Princess Tower to Dubai Mall or Downtown Dubai?

Via tram to the footbridge connection at Sobha Realty Metro Station, then Red Line metro toward Burj Khalifa/Dubai Mall station – typically 20 to 30 minutes door to door. By car via Sheikh Zayed Road, the trip is usually quicker outside peak traffic hours.

How far is Princess Tower from Dubai International Airport?

Around 29 minutes by car in normal traffic, or roughly an hour to an hour and ten minutes using public transport.

Who developed Princess Tower and when was it completed?

Princess Tower was developed by Tameer Holdings and delivered in 2012.

Is it better to buy or rent in Princess Tower?

That depends on your goals: buyers benefit from the building’s strong brand recognition and long-term resale liquidity, while renters gain flexible access to a landmark Marina address without the higher service charges and maintenance responsibilities of ownership in an established high-rise.