2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 3rd floor · completed 2011

306, Marina Pinnacle Tower

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

Unit 306 · DLD and Ejari recordsUpdated 11 October 2022
Last soldAED 1.33M3 October 2013
Current rentAED 65K /yr11 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Marina Pinnacle Tower

What is 306 worth today?

Last sold for AED 1,326,240 in 2013

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11 Oct 2022RentedRenewal
AED 65,000/yr12 months · AED 53 per sqft
11 Oct 2021RentedNew contract
AED 54,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedRenewal
AED 65,000/yr12 months · AED 53 per sqft
1 Jun 2019RentedRenewal
AED 78,000/yr12 months · AED 64 per sqft
1 Jun 2018RentedNew contract
AED 68,000/yr12 months · AED 56 per sqft
15 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
25 Nov 2016RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
25 Nov 2015RentedRenewal
AED 100,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 11 October 2022.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
3rd of 67
Parking
B4-25
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.33M · October 2013

About 306, Marina Pinnacle Tower

306 is a two-bedroom apartment of 1,219 sqft on the 3rd floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 3 October 2013 for AED 1,326,240, or AED 1,087 per sqft, 10% above the AED 984 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 11 October 2022, is AED 65,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 20,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,326,240 (AED 1,087 per sqft)Sold, October 2013: AED 1,326,240 (AED 1,087 per sqft)

306 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, 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 2013: AED 90,000 a yearNew contract, November 2014: AED 100,000 a yearRenewal, November 2015: AED 100,000 a yearNew contract, November 2016: AED 100,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, June 2018: AED 68,000 a yearRenewal, June 2019: AED 78,000 a yearRenewal, June 2020: AED 65,000 a yearNew contract, October 2021: AED 54,000 a yearRenewal, October 2022: AED 65,000 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 306 sits

All 166 2-beds →

306 last sold in October 2013 at AED 1,087 per sqft, 10% above what two-beds in Marina Pinnacle Tower were fetching at the time (AED 984). 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. 306's AED 65,000 is in the lower 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 3rd floor

All 751 units in Marina Pinnacle Tower
Value
3011-bedAED 659K · Jan 2013
3022-bedAED 1.05M · Nov 2012
3031-bedAED 950K · Sep 2015
3041-bedAED 1.81M · Aug 2014
3051-bedAED 530K · Nov 2013
3071-bedAED 800K · Mar 2024
3081-bedAED 1.05M · Jun 2025
1–7 of 13

306, Marina Pinnacle Tower in numbers

  • Sold twice: first on 23 April 2009 for AED 1,326,240, last on 3 October 2013 for AED 1,326,240 (AED 1,087 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 54,000 in 2021 and recovered to AED 65,000 by October 2022.
  • At AED 65,000 a year the gross yield on the 2013 price is 4.9%, 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 11 October 2022.

Questions about 306, Marina Pinnacle Tower

What did unit 306 last sell for?

AED 1,326,240 on 3 October 2013: AED 1,087 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 1,326,240 in April 2009.

What is the rent for unit 306?

AED 65,000 a year on the contract renewed on 11 October 2022. The previous contract, from October 2021, was AED 54,000; the unit has been rented since November 2013.

How big is unit 306?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 3rd floor of a 67-storey tower completed in 2011.

What is unit 306 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 306, Marina Pinnacle Tower

Starts from the last sale price (AED 1.33M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,326,240
Deposit, UAE resident (20%)
AED 265,248
Deposit, non-resident (40%)
AED 530,496
Monthly over 25 years at 3.7%
AED 5,426

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