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

2909, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 1.1M2 September 2018
Current rentAED 110K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Marina Pinnacle Tower

What is 2909 worth today?

Last sold for AED 1,100,000 in 2018

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25 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
10 May 2022RentedRenewal
AED 77,000/yr12 months · AED 63 per sqft
10 May 2021RentedNew contract
AED 68,000/yr12 months · AED 56 per sqft
10 May 2019RentedNew contract
AED 89,000/yr12 months · AED 73 per sqft
2 Sep 2018SoldReady
AED 1,100,000AED 902 per sqft
10 May 2018RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
18 Mar 2016RentedRenewal
AED 120,000/yr12 months · AED 99 per sqft
18 Mar 2015RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 25 August 2023.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
29th of 67
Parking
B2-262
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.1M · September 2018

About 2909, Marina Pinnacle Tower

2909 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 2 September 2018 for AED 1,100,000, or AED 902 per sqft, in line with the AED 902 two-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 25 August 2023, is AED 110,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 20,400 a year.

Sales and rents for 2909 over time

Sales
Unit 2909, 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 2,222,137 (AED 1,822 per sqft)Sold, March 2013: AED 2,222,137 (AED 1,822 per sqft)Sold, September 2018: AED 1,100,000 (AED 902 per sqft)

2909 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2909, 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, January 2014: AED 133,000 a yearNew contract, March 2015: AED 120,000 a yearRenewal, March 2016: AED 120,000 a yearNew contract, May 2018: AED 95,000 a yearNew contract, May 2019: AED 89,000 a yearNew contract, May 2021: AED 68,000 a yearRenewal, May 2022: AED 77,000 a yearNew contract, August 2023: AED 110,000 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 2909 sits

All 166 2-beds →

2909 last sold in September 2018 at AED 902 per sqft, in line with what two-beds in Marina Pinnacle Tower were fetching at the time (AED 902). 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. 2909's AED 110,000 is in the upper half 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
29022-bedAED 1.12M · Apr 2023
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
1–7 of 13

2909, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 25 April 2009 for AED 2,222,137, last on 2 September 2018 for AED 1,100,000 (AED 902 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 133,000 to AED 68,000 in 2021 and recovered to AED 110,000 by August 2023.
  • At AED 110,000 a year the gross yield on the 2018 price is 10.0%, 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 August 2023.

Questions about 2909, Marina Pinnacle Tower

What did unit 2909 last sell for?

AED 1,100,000 on 2 September 2018: AED 902 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 2,222,137 in April 2009.

What is the rent for unit 2909?

AED 110,000 a year on the contract signed on 25 August 2023. The previous contract, from May 2022, was AED 77,000; the unit has been rented since January 2014.

How big is unit 2909?

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 2909 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 2909, Marina Pinnacle Tower

Starts from the last sale price (AED 1.1M, 2 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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