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

1413, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1413 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 730K21 November 2013
Current rentAED 130K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1413, Marina Pinnacle Tower

What is 1413 worth today?

Last sold for AED 730,000 in 2013

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21 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
21 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 107 per sqft
15 Aug 2023RentedRenewal
AED 87,400/yr12 months · AED 72 per sqft
15 Aug 2022RentedRenewal
AED 76,000/yr12 months · AED 62 per sqft
15 Aug 2021RentedRenewal
AED 64,500/yr12 months · AED 53 per sqft
15 Jul 2020RentedNew contract
AED 70,000/yr13 months · AED 58 per sqft
16 Mar 2018RentedRenewal
AED 130,000/yr12 months · AED 107 per sqft
16 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
14th of 67
Parking
B3-142
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 730K · November 2013

About 1413, Marina Pinnacle Tower

1413 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 21 November 2013 for AED 730,000, or AED 598 per sqft, 42% below the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 21 October 2024, is AED 130,000 a year: a gross yield of 17.8% on the 2013 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1413 over time

Sales
Unit 1413, each saleTypical two-bed in Marina Pinnacle Tower
1M2M2009201420192024Typical 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 1,051,950 (AED 862 per sqft)Sold, August 2013: AED 1,051,950 (AED 862 per sqft)Sold, November 2013: AED 730,000 (AED 598 per sqft)

1413 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1413, 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, March 2016: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearRenewal, March 2018: AED 130,000 a yearNew contract, July 2020: AED 70,000 a yearRenewal, August 2021: AED 64,500 a yearRenewal, August 2022: AED 76,000 a yearRenewal, August 2023: AED 87,400 a yearNew contract, October 2024: AED 130,000 a yearNew contract, October 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 1413 sits

All 166 2-beds →

1413 last sold in November 2013 at AED 598 per sqft, 42% below what two-beds in Marina Pinnacle Tower were fetching at the time (AED 1,023). 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. 1413'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
14062-bedAED 1.21M · Dec 2016
14071-bedAED 960K · Nov 2023
1–7 of 13

1413, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 1,051,950, last on 21 November 2013 for AED 730,000 (AED 598 per sqft).
  • Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 64,500 in 2021 and recovered to AED 130,000 by October 2024.
  • At AED 130,000 a year the gross yield on the 2013 price is 17.8%, 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 21 October 2024.

Questions about 1413, Marina Pinnacle Tower

What did unit 1413 last sell for?

AED 730,000 on 21 November 2013: AED 598 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 1,051,950 in April 2009.

What is the rent for unit 1413?

AED 130,000 a year on the contract signed on 21 October 2024. The previous contract, from October 2024, was AED 130,000; the unit has been rented since March 2016.

How big is unit 1413?

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 1413 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 1413, Marina Pinnacle Tower

Starts from the last sale price (AED 730K, 21 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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