3-bed · 1,803 sqftMarina Pinnacle Tower, Dubai Marina · 55th floor · completed 2011

5506, Marina Pinnacle Tower

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

Unit 5506 · DLD and Ejari recordsUpdated 6 September 2022
Last soldAED 2.61M27 March 2013
Current rentAED 100K /yr6 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5506, Marina Pinnacle Tower

What is 5506 worth today?

Last sold for AED 2,605,090 in 2013

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6 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
1 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 44 per sqft
1 Aug 2020RentedNew contract
AED 75,000/yr13 months · AED 41 per sqft
15 Jun 2019RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
15 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
1 Mar 2017RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
29 Feb 2016RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
1 Mar 2015RentedRenewal
AED 150,432/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 6 September 2022.

Key facts

Type
3-bed apartment
Size
1,803 sqft
Floor
55th of 67
Parking
P1-477
Developer
Tiger Properties
Completed
2011
Service charge
AED 30,200 /yr
Last sold
AED 2.61M · March 2013

About 5506, Marina Pinnacle Tower

5506 is a three-bedroom apartment of 1,803 sqft on the 55th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 27 March 2013 for AED 2,605,090, or AED 1,444 per sqft, 36% above the AED 1,059 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 6 September 2022, is AED 100,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 30,200 a year.

Sales and rents for 5506 over time

Sales
Unit 5506, 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, January 2011: AED 2,605,090 (AED 1,444 per sqft)Sold, March 2013: AED 2,605,090 (AED 1,444 per sqft)

5506 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5506, 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, March 2013: AED 115,000 a yearRenewal, March 2014: AED 138,000 a yearRenewal, March 2015: AED 150,432 a yearRenewal, February 2016: AED 150,000 a yearRenewal, March 2017: AED 150,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, June 2019: AED 100,000 a yearNew contract, August 2020: AED 75,000 a yearRenewal, September 2021: AED 80,000 a yearNew contract, September 2022: AED 100,000 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 5506 sits

All 165 3-beds →

5506 last sold in March 2013 at AED 1,444 per sqft, 36% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 1,059). 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. 5506's AED 100,000 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 55th floor

All 751 units in Marina Pinnacle Tower
Value
55013-bedAED 1.78M · May 2024
55023-bedAED 1.55M · Feb 2024
55033-bedNo registered sale
55043-bedAED 1.5M · Feb 2024
55053-bedAED 1.66M · May 2010
55073-bedAED 1.66M · Mar 2014
55083-bedAED 2.35M · Feb 2025

5506, Marina Pinnacle Tower in numbers

  • Sold twice: first on 10 January 2011 for AED 2,605,090, last on 27 March 2013 for AED 2,605,090 (AED 1,444 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 100,000 by September 2022.
  • At AED 100,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 30,200 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 6 September 2022.

Questions about 5506, Marina Pinnacle Tower

What did unit 5506 last sell for?

AED 2,605,090 on 27 March 2013: AED 1,444 per sqft for 1,803 sqft. The unit has 2 registered sales; the first was AED 2,605,090 in January 2011.

What is the rent for unit 5506?

AED 100,000 a year on the contract signed on 6 September 2022. The previous contract, from September 2021, was AED 80,000; the unit has been rented since March 2013.

How big is unit 5506?

1,803 sqft (167.5 sqm): a three-bedroom apartment on the 55th floor of a 67-storey tower completed in 2011.

What is unit 5506 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 5506, Marina Pinnacle Tower

Starts from the last sale price (AED 2.61M, 27 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,605,090
Deposit, UAE resident (20%)
AED 521,018
Deposit, non-resident (40%)
AED 1,042,036
Monthly over 25 years at 3.7%
AED 10,658

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