3-bed · 1,579 sqftMarina Pinnacle Tower, Dubai Marina · 50th floor · completed 2011

5008, Marina Pinnacle Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5008 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 2.05M9 October 2024
Current rentAED 180K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5008, Marina Pinnacle Tower

What is 5008 worth today?

Last sold for AED 2,050,000 in 2024

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9 Oct 2024SoldReady
AED 2,050,000AED 1,298 per sqft
5 Sep 2024RentedNew contract
AED 180,000/yr48 months · AED 114 per sqft
5 Sep 2024RentedNew contract
AED 180,000/yr48 months · AED 114 per sqft
21 Feb 2024SoldReady
AED 1,425,000AED 902 per sqft
27 Sep 2023RentedNew contract
AED 112,000/yr12 months · AED 71 per sqft
15 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
20 Dec 2012SoldReady
AED 2,659,295AED 1,684 per sqft
19 May 2009Sold by developerOff-plan
AED 2,461,895AED 1,559 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
3-bed apartment
Size
1,579 sqft
Floor
50th of 67
Parking
P3-611
Developer
Tiger Properties
Completed
2011
Service charge
AED 26,500 /yr
Last sold
AED 2.05M · October 2024

About 5008, Marina Pinnacle Tower

5008 is a three-bedroom apartment of 1,579 sqft on the 50th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 9 October 2024 for AED 2,050,000, or AED 1,298 per sqft, 31% above the AED 992 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 5 September 2024, is AED 180,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 26,500 a year.

Sales and rents for 5008 over time

Sales
Unit 5008, each saleTypical three-bed in Marina Pinnacle Tower
02M2009201420192024Typical 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, May 2009: AED 2,461,895 (AED 1,559 per sqft)Sold, December 2012: AED 2,659,295 (AED 1,684 per sqft)Sold, February 2024: AED 1,425,000 (AED 902 per sqft)Sold, October 2024: AED 2,050,000 (AED 1,298 per sqft)

5008 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5008, 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 2014: AED 100,000 a yearNew contract, September 2023: AED 112,000 a yearNew contract, September 2024: AED 180,000 a yearNew contract, September 2024: AED 180,000 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 5008 sits

All 165 3-beds →

5008 last sold in October 2024 at AED 1,298 per sqft, 31% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 992). 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. 5008's AED 180,000 is in the upper 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 50th floor

All 751 units in Marina Pinnacle Tower
Value
50013-bedNo registered sale
50023-bedAED 850K · Mar 2017
50033-bedAED 2.14M · May 2014
50043-bedAED 2.74M · Aug 2010
50053-bedAED 2.2M · Oct 2013
50063-bedAED 2.1M · Sep 2010
50073-bedAED 1.56M · Jan 2013

5008, Marina Pinnacle Tower in numbers

  • Sold 4 times: first on 19 May 2009 for AED 2,461,895, last on 9 October 2024 for AED 2,050,000 (AED 1,298 per sqft).
  • Rented since April 2014 on 4 Ejari contracts, from AED 100,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 8.8%, 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 9 October 2024.

Questions about 5008, Marina Pinnacle Tower

What did unit 5008 last sell for?

AED 2,050,000 on 9 October 2024: AED 1,298 per sqft for 1,579 sqft. The unit has 4 registered sales; the first was AED 2,461,895 in May 2009.

What is the rent for unit 5008?

AED 180,000 a year on the contract signed on 5 September 2024. The previous contract, from September 2024, was AED 180,000; the unit has been rented since April 2014.

How big is unit 5008?

1,579 sqft (146.7 sqm): a three-bedroom apartment on the 50th floor of a 67-storey tower completed in 2011.

What is unit 5008 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 5008, Marina Pinnacle Tower

Starts from the last sale price (AED 2.05M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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