3-bed · 392 sqftMarina Pinnacle Tower, Dubai Marina · 57th floor · completed 2011

5701, Marina Pinnacle Tower

Sold prices and rental history: sold 6 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5701 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 555K21 March 2023
Current rentAED 97K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, Marina Pinnacle Tower

What is 5701 worth today?

Last sold for AED 555,000 in 2023

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21 Mar 2023SoldReady
AED 555,000AED 1,416 per sqft
23 Feb 2023SoldReady
AED 1,240,000AED 1,584 per sqft
27 Jan 2023SoldReady
AED 1,230,000AED 785 per sqft
20 Dec 2022SoldReady
AED 29,989AED 957 per sqft
8 Dec 2022RentedRenewal
AED 97,200/yr12 months · AED 62 per sqft
8 Dec 2021RentedNew contract
AED 81,000/yr12 months · AED 52 per sqft
22 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
1 May 2018RentedRenewal
AED 130,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
3-bed apartment
Size
392 sqft
Floor
57th of 67
Parking
P4-689
Developer
Tiger Properties
Completed
2011
Service charge
AED 6,600 /yr
Last sold
AED 555K · March 2023

About 5701, Marina Pinnacle Tower

5701 is a three-bedroom apartment of 392 sqft on the 57th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 21 March 2023 for AED 555,000, or AED 1,416 per sqft, 67% above the AED 848 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 8 December 2022, is AED 97,200 a year: a gross yield of 17.5% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for 5701 over time

Sales
Unit 5701, 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, December 2009: AED 1,043,400 (AED 666 per sqft)Sold, October 2013: AED 1,043,400 (AED 666 per sqft)Sold, December 2022: AED 29,989 (AED 957 per sqft)Sold, January 2023: AED 1,230,000 (AED 785 per sqft)Sold, February 2023: AED 1,240,000 (AED 1,584 per sqft)Sold, March 2023: AED 555,000 (AED 1,416 per sqft)

5701 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5701, 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, May 2014: AED 114,000 a yearRenewal, May 2015: AED 136,800 a yearRenewal, May 2016: AED 150,000 a yearRenewal, May 2017: AED 150,000 a yearRenewal, May 2018: AED 130,000 a yearNew contract, October 2019: AED 90,000 a yearNew contract, December 2021: AED 81,000 a yearRenewal, December 2022: AED 97,200 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 5701 sits

All 165 3-beds →

5701 last sold in March 2023 at AED 1,416 per sqft, 67% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 848). 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. 5701's AED 97,200 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 57th floor

All 751 units in Marina Pinnacle Tower
Value
57023-bedAED 1.45M · Jan 2023
57033-bedAED 1.55M · Oct 2023
57043-bedAED 1.26M · Mar 2023
57053-bedAED 1.15M · Mar 2023
57063-bedAED 1.48M · Feb 2023
57073-bedAED 680K · May 2023
57083-bedAED 1.53M · Jun 2023

5701, Marina Pinnacle Tower in numbers

  • Sold 6 times: first on 22 December 2009 for AED 1,043,400, last on 21 March 2023 for AED 555,000 (AED 1,416 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 114,000 to AED 81,000 in 2021 and recovered to AED 97,200 by December 2022.
  • At AED 97,200 a year the gross yield on the 2023 price is 17.5%, before a service charge of about AED 6,600 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 March 2023.

Questions about 5701, Marina Pinnacle Tower

What did unit 5701 last sell for?

AED 555,000 on 21 March 2023: AED 1,416 per sqft for 392 sqft. The unit has 6 registered sales; the first was AED 1,043,400 in December 2009.

What is the rent for unit 5701?

AED 97,200 a year on the contract renewed on 8 December 2022. The previous contract, from December 2021, was AED 81,000; the unit has been rented since May 2014.

How big is unit 5701?

392 sqft (36.4 sqm): a three-bedroom apartment on the 57th floor of a 67-storey tower completed in 2011.

What is unit 5701 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 5701, Marina Pinnacle Tower

Starts from the last sale price (AED 555K, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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