2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 4th floor · completed 2011

406, Marina Pinnacle Tower

Sold prices and rental history: sold 4 times, last in April 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 850K9 April 2019
Current rentAED 55K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Pinnacle Tower

What is 406 worth today?

Last sold for AED 850,000 in 2019

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10 May 2023RentedNew contract
AED 55,000/yr36 months · AED 45 per sqft
9 Apr 2019SoldReady
AED 850,000AED 697 per sqft
19 Dec 2016SoldReady
AED 1,080,000AED 885 per sqft
15 Jun 2015RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
2 Mar 2015SoldReady
AED 1,285,316AED 1,054 per sqft
23 Apr 2009Sold by developerOff-plan
AED 1,285,316AED 1,054 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
4th of 67
Parking
B4-34
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 850K · April 2019

About 406, Marina Pinnacle Tower

406 is a two-bedroom apartment of 1,219 sqft on the 4th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 9 April 2019 for AED 850,000, or AED 697 per sqft, 20% below the AED 873 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 10 May 2023, is AED 55,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 20,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 1,285,316 (AED 1,054 per sqft)Sold, March 2015: AED 1,285,316 (AED 1,054 per sqft)Sold, December 2016: AED 1,080,000 (AED 885 per sqft)Sold, April 2019: AED 850,000 (AED 697 per sqft)

406 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, 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, June 2015: AED 115,000 a yearNew contract, May 2023: AED 55,000 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 406 sits

All 166 2-beds →

406 last sold in April 2019 at AED 697 per sqft, 20% below what two-beds in Marina Pinnacle Tower were fetching at the time (AED 873). 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. 406's AED 55,000 is at the bottom 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 4th floor

All 751 units in Marina Pinnacle Tower
Value
4011-bedAED 800K · Apr 2016
4022-bedAED 840K · Nov 2021
4031-bedAED 583K · Jan 2013
4041-bedNo registered sale
4051-bedAED 760K · Aug 2018
4071-bedAED 1.15M · Oct 2012
4081-bedAED 1.15M · Oct 2012
1–7 of 13

406, Marina Pinnacle Tower in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,285,316, last on 9 April 2019 for AED 850,000 (AED 697 per sqft).
  • Rented since June 2015 on 2 Ejari contracts, from AED 115,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 6.5%, 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 10 May 2023.

Questions about 406, Marina Pinnacle Tower

What did unit 406 last sell for?

AED 850,000 on 9 April 2019: AED 697 per sqft for 1,219 sqft. The unit has 4 registered sales; the first was AED 1,285,316 in April 2009.

What is the rent for unit 406?

AED 55,000 a year on the contract signed on 10 May 2023. The previous contract, from June 2015, was AED 115,000.

How big is unit 406?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 4th floor of a 67-storey tower completed in 2011.

What is unit 406 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 406, Marina Pinnacle Tower

Starts from the last sale price (AED 850K, 9 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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