2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 29th floor · completed 2011

2902, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.12M27 April 2023
Current rentAED 124K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Marina Pinnacle Tower

What is 2902 worth today?

Last sold for AED 1,120,000 in 2023

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1 Aug 2024RentedNew contract
AED 124,000/yr12 months · AED 102 per sqft
1 Aug 2024RentedNew contract
AED 124,000/yr12 months · AED 102 per sqft
1 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
27 Apr 2023SoldReady
AED 1,120,000AED 918 per sqft
14 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
25 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 74 per sqft
25 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 82 per sqft
25 Jul 2018RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
29th of 67
Parking
B2-256
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.12M · April 2023

About 2902, Marina Pinnacle Tower

2902 is a two-bedroom apartment of 1,219 sqft on the 29th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 27 April 2023 for AED 1,120,000, or AED 918 per sqft, 14% above the AED 802 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 August 2024, is AED 124,000 a year: a gross yield of 11.1% on the 2023 price, before the service charge of about AED 20,400 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 1,202,229 (AED 985 per sqft)Sold, February 2013: AED 1,202,229 (AED 985 per sqft)Sold, April 2023: AED 1,120,000 (AED 918 per sqft)

2902 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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, July 2013: AED 95,000 a yearRenewal, July 2014: AED 109,250 a yearNew contract, July 2017: AED 120,000 a yearNew contract, July 2018: AED 105,000 a yearRenewal, July 2019: AED 100,000 a yearRenewal, July 2020: AED 90,000 a yearNew contract, December 2021: AED 60,000 a yearNew contract, August 2023: AED 110,000 a yearNew contract, August 2024: AED 124,000 a yearNew contract, August 2024: AED 124,000 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 2902 sits

All 166 2-beds →

2902 last sold in April 2023 at AED 918 per sqft, 14% above what two-beds in Marina Pinnacle Tower were fetching at the time (AED 802). 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. 2902's AED 124,000 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 29th floor

All 751 units in Marina Pinnacle Tower
Value
29011-bedAED 313K · Aug 2019
29031-bedAED 570K · Jan 2020
29041-bedAED 900K · Sep 2018
29051-bedAED 673K · Apr 2013
29062-bedAED 1.94M · Aug 2013
29071-bedAED 1.12M · Jan 2026
29081-bedAED 797K · Nov 2016
1–7 of 13

2902, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 1,202,229, last on 27 April 2023 for AED 1,120,000 (AED 918 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 124,000 by August 2024.
  • At AED 124,000 a year the gross yield on the 2023 price is 11.1%, 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 1 August 2024.

Questions about 2902, Marina Pinnacle Tower

What did unit 2902 last sell for?

AED 1,120,000 on 27 April 2023: AED 918 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 1,202,229 in April 2009.

What is the rent for unit 2902?

AED 124,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2024, was AED 124,000; the unit has been rented since July 2013.

How big is unit 2902?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 29th floor of a 67-storey tower completed in 2011.

What is unit 2902 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 2902, Marina Pinnacle Tower

Starts from the last sale price (AED 1.12M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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