3-bed · 1,699 sqftMarina Pinnacle Tower, Dubai Marina · 54th floor · completed 2011

5407, Marina Pinnacle Tower

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

Unit 5407 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.66M27 January 2013
Current rentAED 124K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5407, Marina Pinnacle Tower

What is 5407 worth today?

Last sold for AED 1,655,549 in 2013

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15 Jun 2024RentedNew contract
AED 123,600/yr12 months · AED 73 per sqft
15 Jun 2024RentedNew contract
AED 123,600/yr12 months · AED 73 per sqft
15 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 47 per sqft
30 Apr 2017RentedRenewal
AED 160,000/yr12 months · AED 94 per sqft
30 Apr 2016RentedRenewal
AED 160,000/yr12 months · AED 94 per sqft
30 Apr 2015RentedNew contract
AED 160,000/yr12 months · AED 94 per sqft
30 Apr 2013RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
27 Jan 2013SoldReady
AED 1,655,549AED 974 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
1,699 sqft
Floor
54th of 67
Parking
P3-616
Developer
Tiger Properties
Completed
2011
Service charge
AED 28,500 /yr
Last sold
AED 1.66M · January 2013

About 5407, Marina Pinnacle Tower

5407 is a three-bedroom apartment of 1,699 sqft on the 54th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 27 January 2013 for AED 1,655,549, or AED 974 per sqft, 7% below the AED 1,050 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 June 2024, is AED 123,600 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 28,500 a year.

Sales and rents for 5407 over time

Sales
Unit 5407, 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, March 2011: AED 1,655,549 (AED 974 per sqft)Sold, January 2013: AED 1,655,549 (AED 974 per sqft)

5407 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5407, 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 125,000 a yearNew contract, April 2015: AED 160,000 a yearRenewal, April 2016: AED 160,000 a yearRenewal, April 2017: AED 160,000 a yearNew contract, June 2021: AED 80,000 a yearNew contract, June 2024: AED 123,600 a yearNew contract, June 2024: AED 123,600 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 5407 sits

All 165 3-beds →

5407 last sold in January 2013 at AED 974 per sqft, 7% below what three-beds in Marina Pinnacle Tower were fetching at the time (AED 1,050). 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. 5407's AED 123,600 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 54th floor

All 751 units in Marina Pinnacle Tower
Value
54023-bedAED 1.77M · Jan 2013
54033-bedNo registered sale
54043-bedAED 1.42M · Jul 2013
54053-bedAED 1.49M · Dec 2023
54063-bedAED 1.55M · May 2023

5407, Marina Pinnacle Tower in numbers

  • Sold twice: first on 15 March 2011 for AED 1,655,549, last on 27 January 2013 for AED 1,655,549 (AED 974 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2021 and recovered to AED 123,600 by June 2024.
  • At AED 123,600 a year the gross yield on the 2013 price is 7.5%, 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 15 June 2024.

Questions about 5407, Marina Pinnacle Tower

What did unit 5407 last sell for?

AED 1,655,549 on 27 January 2013: AED 974 per sqft for 1,699 sqft. The unit has 2 registered sales; the first was AED 1,655,549 in March 2011.

What is the rent for unit 5407?

AED 123,600 a year on the contract signed on 15 June 2024. The previous contract, from June 2024, was AED 123,600; the unit has been rented since April 2013.

How big is unit 5407?

1,699 sqft (157.8 sqm): a three-bedroom apartment on the 54th floor of a 67-storey tower completed in 2011.

What is unit 5407 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 5407, Marina Pinnacle Tower

Starts from the last sale price (AED 1.66M, 27 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,655,549
Deposit, UAE resident (20%)
AED 331,110
Deposit, non-resident (40%)
AED 662,220
Monthly over 25 years at 3.7%
AED 6,773

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