3-bed · 1,699 sqftMarina Pinnacle Tower, Dubai Marina · 53rd floor · completed 2011

5307, Marina Pinnacle Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5307 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 2M30 May 2024
Current rentAED 178K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5307, Marina Pinnacle Tower

What is 5307 worth today?

Last sold for AED 2,000,000 in 2024

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20 Aug 2024RentedNew contract
AED 178,000/yr12 months · AED 105 per sqft
20 Aug 2024RentedNew contract
AED 178,000/yr12 months · AED 105 per sqft
20 Aug 2024RentedNew contract
AED 178,000/yr12 months · AED 105 per sqft
20 Aug 2024RentedNew contract
AED 178,000/yr12 months · AED 105 per sqft
30 May 2024SoldReady
AED 2,000,000AED 1,177 per sqft
20 Aug 2023RentedNew contract
AED 160,000/yr12 months · AED 94 per sqft
25 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 53 per sqft
25 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
1,699 sqft
Floor
53rd of 67
Parking
P1-472
Developer
Tiger Properties
Completed
2011
Service charge
AED 28,500 /yr
Last sold
AED 2M · May 2024

About 5307, Marina Pinnacle Tower

5307 is a three-bedroom apartment of 1,699 sqft on the 53rd floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 30 May 2024 for AED 2,000,000, or AED 1,177 per sqft, 24% above the AED 948 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 20 August 2024, is AED 178,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 28,500 a year.

Sales and rents for 5307 over time

Sales
Unit 5307, 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, March 2011: AED 3,427,475 (AED 2,017 per sqft)Sold, December 2019: AED 1,000,000 (AED 588 per sqft)Sold, May 2024: AED 2,000,000 (AED 1,177 per sqft)

5307 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5307, 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, October 2018: AED 110,000 a yearNew contract, March 2019: AED 76,000 a yearNew contract, June 2020: AED 85,000 a yearRenewal, June 2021: AED 85,000 a yearRenewal, June 2022: AED 90,000 a yearNew contract, August 2023: AED 160,000 a yearNew contract, August 2024: AED 178,000 a yearNew contract, August 2024: AED 178,000 a yearNew contract, August 2024: AED 178,000 a yearNew contract, August 2024: AED 178,000 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 5307 sits

All 165 3-beds →

5307 last sold in May 2024 at AED 1,177 per sqft, 24% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 948). 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. 5307's AED 178,000 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 53rd floor

All 751 units in Marina Pinnacle Tower
Value
53013-bedAED 1.16M · Sep 2013
53023-bedAED 2.02M · Sep 2013
53033-bedAED 1.27M · Sep 2013
53043-bedAED 1.17M · Sep 2013
53053-bedAED 1.17M · Sep 2013
53063-bedAED 2.3M · Nov 2024
53083-bedAED 1.78M · Dec 2013

5307, Marina Pinnacle Tower in numbers

  • Sold 3 times: first on 30 March 2011 for AED 3,427,475, last on 30 May 2024 for AED 2,000,000 (AED 1,177 per sqft).
  • Rented since October 2018 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 76,000 in 2019 and recovered to AED 178,000 by August 2024.
  • At AED 178,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 28,500 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 20 August 2024.

Questions about 5307, Marina Pinnacle Tower

What did unit 5307 last sell for?

AED 2,000,000 on 30 May 2024: AED 1,177 per sqft for 1,699 sqft. The unit has 3 registered sales; the first was AED 3,427,475 in March 2011.

What is the rent for unit 5307?

AED 178,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2024, was AED 178,000; the unit has been rented since October 2018.

How big is unit 5307?

1,699 sqft (157.8 sqm): a three-bedroom apartment on the 53rd floor of a 67-storey tower completed in 2011.

What is unit 5307 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 5307, Marina Pinnacle Tower

Starts from the last sale price (AED 2M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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