2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 14th floor · completed 2011

1406, Marina Pinnacle Tower

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 1.21M18 December 2016
Current rentAED 130K /yr23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Marina Pinnacle Tower

What is 1406 worth today?

Last sold for AED 1,210,000 in 2016

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23 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
23 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
19 Dec 2022RentedNew contract
AED 117,000/yr12 months · AED 96 per sqft
30 Jul 2019RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
18 Dec 2016SoldReady
AED 1,210,000AED 992 per sqft
30 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
25 Apr 2009Sold by developerOff-plan
AED 1,800,000AED 1,476 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
14th of 67
Parking
B3-136
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.21M · December 2016

About 1406, Marina Pinnacle Tower

1406 is a two-bedroom apartment of 1,219 sqft on the 14th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 18 December 2016 for AED 1,210,000, or AED 992 per sqft, in line with the AED 992 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 23 January 2024, is AED 130,000 a year: a gross yield of 10.7% on the 2016 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Marina Pinnacle Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,165,580; 2010 AED 1,678,753; 2011 AED 1,847,271; 2012 AED 1,074,720; 2013 AED 1,274,090; 2014 AED 1,400,652; 2015 AED 1,155,000; 2016 AED 1,210,000; 2017 AED 1,270,000; 2018 AED 1,100,000; 2019 AED 820,000; 2020 AED 752,500; 2021 AED 840,000; 2022 AED 945,000; 2023 AED 1,100,000; 2024 AED 1,370,118; 2025 AED 1,470,000; 2026 AED 1,170,098Sold by developer, April 2009: AED 1,800,000 (AED 1,476 per sqft)Sold, December 2016: AED 1,210,000 (AED 992 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Marina Pinnacle Tower
50K100K2012201620202024Typical rent by year: 2012 AED 76,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 112,700; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 93,500; 2024 AED 110,000; 2025 AED 115,000New contract, August 2013: AED 90,000 a yearNew contract, July 2019: AED 65,000 a yearNew contract, December 2022: AED 117,000 a yearNew contract, January 2024: AED 130,000 a yearNew contract, January 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Pinnacle Tower, and where 1406 sits

All 166 2-beds →

1406 last sold in December 2016 at AED 992 per sqft, in line with what two-beds in Marina Pinnacle Tower were fetching at the time (AED 992). Over the last 12 months two-beds sold for AED 1,122,868 to 1,194,056, around AED 960 per sqft, and rent for AED 60,000 to 120,000 a year. 1406's AED 130,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,122,868
10 Jun 20261,190,195
8 Jun 20261,194,056
16 Mar 20261,150,000
4 2-bed sales in the last 12 months

Marina Pinnacle Tower

Building

751 apartments, 1-bed to 3-bed over 67 floors in Dubai Marina, completed in 2011 by Tiger Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,155 Down 7.1%
Typical sale
AED 1.19M
Typical rent
AED 90K /yr
Typical yield
8.5%
Marina Pinnacle Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 751 units in Marina Pinnacle Tower
Value
14011-bedAED 1M · Oct 2015
14022-bedAED 1.2M · Apr 2018
14031-bedAED 850K · Mar 2023
14041-bedAED 828K · Jan 2013
14051-bedAED 1M · May 2017
14071-bedAED 960K · Nov 2023
14081-bedAED 500K · Dec 2012
1–7 of 13

1406, Marina Pinnacle Tower in numbers

  • Sold twice: first on 25 April 2009 for AED 1,800,000, last on 18 December 2016 for AED 1,210,000 (AED 992 per sqft).
  • Rented since August 2013 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2019 and recovered to AED 130,000 by January 2024.
  • At AED 130,000 a year the gross yield on the 2016 price is 10.7%, before a service charge of about AED 20,400 a year (AED 16.77 per sqft).
  • Two-beds in Marina Pinnacle Tower sold for AED 1,122,868–1,194,056 in the 12 months to November 2026; the building's median across all types is AED 1,155 per sqft.

Source: Dubai Land Department. Updated 23 January 2024.

Questions about 1406, Marina Pinnacle Tower

What did unit 1406 last sell for?

AED 1,210,000 on 18 December 2016: AED 992 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in April 2009.

What is the rent for unit 1406?

AED 130,000 a year on the contract signed on 23 January 2024. The previous contract, from January 2024, was AED 130,000; the unit has been rented since August 2013.

How big is unit 1406?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 14th floor of a 67-storey tower completed in 2011.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Pinnacle Tower sold for AED 1,122,868 to 1,194,056 in the last 12 months, around AED 960 per sqft.

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Mortgage on 1406, Marina Pinnacle Tower

Starts from the last sale price (AED 1.21M, 18 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →