1-bed · 845 sqftMarina Pinnacle Tower, Dubai Marina · 14th floor · completed 2011

1407, Marina Pinnacle Tower

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 960K3 November 2023
Current rentAED 80K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Marina Pinnacle Tower

What is 1407 worth today?

Last sold for AED 960,000 in 2023

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1 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
1 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
3 Nov 2023SoldReady
AED 960,000AED 1,136 per sqft
19 Oct 2022RentedNew contract
AED 96,000/yr12 months · AED 114 per sqft
18 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
12 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft
10 Feb 2021RentedNew contract
AED 66,000/yr12 months · AED 79 per sqft
21 Jul 2016RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
14th of 67
Parking
B3-137
Developer
Tiger Properties
Completed
2011
Service charge
AED 14,200 /yr
Last sold
AED 960K · November 2023

About 1407, Marina Pinnacle Tower

1407 is a one-bedroom apartment of 845 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 3 November 2023 for AED 960,000, or AED 1,136 per sqft, 19% above the AED 955 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 April 2024, is AED 80,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 14,200 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Marina Pinnacle Tower
1M2009201420192024Typical sale price by year: 2009 AED 750,984; 2010 AED 1,215,496; 2011 AED 746,005; 2012 AED 721,388; 2013 AED 825,000; 2014 AED 985,000; 2015 AED 930,000; 2016 AED 860,000; 2017 AED 850,000; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 520,000; 2021 AED 587,500; 2022 AED 662,500; 2023 AED 755,000; 2024 AED 962,500; 2025 AED 1,030,000; 2026 AED 945,000Sold by developer, December 2009: AED 1,666,667 (AED 1,972 per sqft)Sold, September 2011: AED 500,000 (AED 591 per sqft)Sold, December 2012: AED 500,000 (AED 591 per sqft)Sold, May 2015: AED 1,050,000 (AED 1,242 per sqft)Sold, November 2023: AED 960,000 (AED 1,136 per sqft)

1407 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Marina Pinnacle Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 63,500; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,300; 2018 AED 65,000; 2019 AED 55,500; 2020 AED 47,000; 2021 AED 44,000; 2022 AED 54,000; 2023 AED 63,000; 2024 AED 75,000; 2025 AED 77,000; 2026 AED 80,650New contract, July 2014: AED 95,000 a yearNew contract, July 2016: AED 90,000 a yearNew contract, February 2021: AED 66,000 a yearNew contract, January 2022: AED 65,000 a yearNew contract, June 2022: AED 50,000 a yearNew contract, October 2022: AED 96,000 a yearNew contract, April 2024: AED 80,000 a yearNew contract, April 2024: AED 80,000 a year

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

1-beds in Marina Pinnacle Tower, and where 1407 sits

All 420 1-beds →

1407 last sold in November 2023 at AED 1,136 per sqft, 19% above what one-beds in Marina Pinnacle Tower were fetching at the time (AED 955). Over the last 12 months one-beds sold for AED 820,000 to 1,123,570, around AED 1,198 per sqft, and rent for AED 25,000 to 180,000 a year. 1407's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 2026919,789,428
8 Oct 2026916,038
1 Oct 2026896,873
25 Aug 2026945,000
7 1-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
14062-bedAED 1.21M · Dec 2016
14081-bedAED 500K · Dec 2012
1–7 of 13

1407, Marina Pinnacle Tower in numbers

  • Sold 5 times: first on 20 December 2009 for AED 1,666,667, last on 3 November 2023 for AED 960,000 (AED 1,136 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2022 and recovered to AED 80,000 by April 2024.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 14,200 a year (AED 16.77 per sqft).
  • One-beds in Marina Pinnacle Tower sold for AED 820,000–1,123,570 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 1 April 2024.

Questions about 1407, Marina Pinnacle Tower

What did unit 1407 last sell for?

AED 960,000 on 3 November 2023: AED 1,136 per sqft for 845 sqft. The unit has 5 registered sales; the first was AED 1,666,667 in December 2009.

What is the rent for unit 1407?

AED 80,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 80,000; the unit has been rented since July 2014.

How big is unit 1407?

845 sqft (78.5 sqm): a one-bedroom apartment on the 14th floor of a 67-storey tower completed in 2011.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Pinnacle Tower sold for AED 820,000 to 1,123,570 in the last 12 months, around AED 1,198 per sqft.

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Mortgage on 1407, Marina Pinnacle Tower

Starts from the last sale price (AED 960K, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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