3-bed · 1,579 sqftMarina Pinnacle Tower, Dubai Marina · 49th floor · completed 2011

4908, Marina Pinnacle Tower

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4908 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 1.78M23 January 2014
Current rentAED 145K /yr21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4908, Marina Pinnacle Tower

What is 4908 worth today?

Last sold for AED 1,780,000 in 2014

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21 Jun 2024RentedRenewal
AED 145,000/yr12 months · AED 92 per sqft
21 Jun 2024RentedRenewal
AED 145,000/yr12 months · AED 92 per sqft
1 Jun 2023RentedNew contract
AED 130,000/yr13 months · AED 82 per sqft
2 May 2019RentedNew contract
AED 87,000/yr12 months · AED 55 per sqft
11 Feb 2018RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
1 Aug 2017RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
23 Jan 2014Sold by developerReady
AED 1,780,000AED 1,127 per sqft
20 Apr 2013RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
3-bed apartment
Size
1,579 sqft
Floor
49th of 67
Parking
nan
Developer
Tiger Properties
Completed
2011
Service charge
AED 26,500 /yr
Last sold
AED 1.78M · January 2014

About 4908, Marina Pinnacle Tower

4908 is a three-bedroom apartment of 1,579 sqft on the 49th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. The developer sold it on 23 January 2014 for AED 1,780,000, or AED 1,127 per sqft, 11% above the AED 1,017 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 21 June 2024, is AED 145,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 26,500 a year.

Sales and rents for 4908 over time

Sales
Unit 4908, each saleTypical three-bed in Marina Pinnacle Tower
01M2M2009201420192024Typical sale price by year: 2009 AED 1,405,397; 2010 AED 1,868,405; 2011 AED 1,655,549; 2012 AED 1,559,919; 2013 AED 1,738,956; 2014 AED 1,855,035; 2015 AED 2,190,000; 2016 AED 1,755,800; 2017 AED 1,700,000; 2018 AED 1,531,500; 2019 AED 1,187,500; 2020 AED 1,025,000; 2021 AED 1,107,500; 2022 AED 279,875; 2023 AED 1,400,000; 2024 AED 1,786,806; 2025 AED 2,112,500; 2026 AED 1,829,690Sold by developer, January 2014: AED 1,780,000 (AED 1,127 per sqft)

4908 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4908, each contractTypical three-bed in Marina Pinnacle Tower
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 148,680; 2016 AED 145,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 92,985; 2023 AED 123,625; 2024 AED 150,000; 2025 AED 165,000; 2026 AED 165,000New contract, April 2013: AED 105,000 a yearNew contract, August 2017: AED 140,000 a yearNew contract, February 2018: AED 150,000 a yearNew contract, May 2019: AED 87,000 a yearNew contract, June 2023: AED 130,000 a yearRenewal, June 2024: AED 145,000 a yearRenewal, June 2024: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Pinnacle Tower, and where 4908 sits

All 165 3-beds →

4908 last sold in January 2014 at AED 1,127 per sqft, 11% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 1,017). Over the last 12 months three-beds sold for AED 1,560,000 to 2,072,759, around AED 1,157 per sqft, and rent for AED 82,500 to 240,000 a year. 4908's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Sep 20261,976,792
24 Sep 20261,560,000
22 Sep 20261,813,293
28 Jul 20261,829,690
7 3-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 49th floor

All 751 units in Marina Pinnacle Tower
Value
49013-bedAED 2.2M · Jul 2024
49023-bedAED 1.6M · Jul 2018
49033-bedAED 1.55M · Oct 2013
49043-bedNo registered sale
49053-bedAED 1M · Mar 2021
49063-bedNo registered sale
49073-bedAED 1.15M · Jan 2019

4908, Marina Pinnacle Tower in numbers

  • Sold once: by Tiger Properties on 23 January 2014 for AED 1,780,000, or AED 1,127 per sqft.
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 87,000 in 2019 and recovered to AED 145,000 by June 2024.
  • At AED 145,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 26,500 a year (AED 16.77 per sqft).
  • Three-beds in Marina Pinnacle Tower sold for AED 1,560,000–2,072,759 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 21 June 2024.

Questions about 4908, Marina Pinnacle Tower

What did unit 4908 last sell for?

AED 1,780,000 on 23 January 2014, sold by the developer: AED 1,127 per sqft for 1,579 sqft. It is the only registered sale of the unit.

What is the rent for unit 4908?

AED 145,000 a year on the contract renewed on 21 June 2024. The previous contract, from June 2024, was AED 145,000; the unit has been rented since April 2013.

How big is unit 4908?

1,579 sqft (146.7 sqm): a three-bedroom apartment on the 49th floor of a 67-storey tower completed in 2011.

What is unit 4908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Pinnacle Tower sold for AED 1,560,000 to 2,072,759 in the last 12 months, around AED 1,157 per sqft.

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Mortgage on 4908, Marina Pinnacle Tower

Starts from the last sale price (AED 1.78M, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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