2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 16th floor · completed 2011

1613, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in October 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1613 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 820K3 October 2019
Current rentAED 126K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1613, Marina Pinnacle Tower

What is 1613 worth today?

Last sold for AED 820,000 in 2019

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25 Nov 2024RentedRenewal
AED 126,000/yr12 months · AED 104 per sqft
25 Nov 2024RentedRenewal
AED 126,000/yr12 months · AED 104 per sqft
25 Nov 2023RentedRenewal
AED 93,500/yr12 months · AED 77 per sqft
25 Nov 2023RentedRenewal
AED 93,500/yr12 months · AED 77 per sqft
25 Nov 2022RentedRenewal
AED 85,008/yr12 months · AED 70 per sqft
25 Nov 2022RentedRenewal
AED 85,008/yr12 months · AED 70 per sqft
25 Nov 2021RentedRenewal
AED 64,800/yr12 months · AED 53 per sqft
25 Nov 2020RentedNew contract
AED 56,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
16th of 67
Parking
B3-164
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 820K · October 2019

About 1613, Marina Pinnacle Tower

1613 is a two-bedroom apartment of 1,219 sqft on the 16th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 3 October 2019 for AED 820,000, or AED 672 per sqft, in line with the AED 676 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 25 November 2024, is AED 126,000 a year: a gross yield of 15.4% on the 2019 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1613 over time

Sales
Unit 1613, 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 1,069,633 (AED 877 per sqft)Sold, February 2014: AED 1,069,633 (AED 877 per sqft)Sold, October 2019: AED 820,000 (AED 672 per sqft)

1613 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1613, 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, November 2019: AED 70,000 a yearNew contract, November 2020: AED 56,000 a yearRenewal, November 2021: AED 64,800 a yearRenewal, November 2022: AED 85,008 a yearRenewal, November 2022: AED 85,008 a yearRenewal, November 2023: AED 93,500 a yearRenewal, November 2023: AED 93,500 a yearRenewal, November 2024: AED 126,000 a yearRenewal, November 2024: AED 126,000 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 1613 sits

All 166 2-beds →

1613 last sold in October 2019 at AED 672 per sqft, in line with what two-beds in Marina Pinnacle Tower were fetching at the time (AED 676). 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. 1613's AED 126,000 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 16th floor

All 751 units in Marina Pinnacle Tower
Value
16011-bedAED 1M · Dec 2016
16022-bedAED 1.13M · Oct 2013
16031-bedAED 1.1M · Sep 2023
16041-bedAED 1.2M · Feb 2014
16051-bedAED 670K · Dec 2012
16062-bedAED 2M · Mar 2022
16071-bedAED 950K · May 2016
1–7 of 13

1613, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 1,069,633, last on 3 October 2019 for AED 820,000 (AED 672 per sqft).
  • Rented since November 2019 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 56,000 in 2020 and recovered to AED 126,000 by November 2024.
  • At AED 126,000 a year the gross yield on the 2019 price is 15.4%, 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 25 November 2024.

Questions about 1613, Marina Pinnacle Tower

What did unit 1613 last sell for?

AED 820,000 on 3 October 2019: AED 672 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 1,069,633 in April 2009.

What is the rent for unit 1613?

AED 126,000 a year on the contract renewed on 25 November 2024. The previous contract, from November 2024, was AED 126,000; the unit has been rented since November 2019.

How big is unit 1613?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 16th floor of a 67-storey tower completed in 2011.

What is unit 1613 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 1613, Marina Pinnacle Tower

Starts from the last sale price (AED 820K, 3 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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