3-bed · 1,583 sqftMarina Pinnacle Tower, Dubai Marina · 57th floor · completed 2011

5704, Marina Pinnacle Tower

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.26M27 March 2023
Current rentAED 96K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5704, Marina Pinnacle Tower

What is 5704 worth today?

Last sold for AED 1,260,000 in 2023

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15 Jan 2024RentedRenewal
AED 96,000/yr12 months · AED 61 per sqft
15 Jan 2024RentedRenewal
AED 96,000/yr12 months · AED 61 per sqft
27 Mar 2023SoldReady
AED 1,260,000AED 795 per sqft
15 Jan 2023RentedRenewal
AED 96,000/yr12 months · AED 61 per sqft
20 Dec 2022SoldReady
AED 30,380AED 956 per sqft
15 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
15 Dec 2020RentedRenewal
AED 80,000/yr13 months · AED 51 per sqft
15 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
3-bed apartment
Size
1,583 sqft
Floor
57th of 67
Parking
P4-693
Developer
Tiger Properties
Completed
2011
Service charge
AED 26,600 /yr
Last sold
AED 1.26M · March 2023

About 5704, Marina Pinnacle Tower

5704 is a three-bedroom apartment of 1,583 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 27 March 2023 for AED 1,260,000, or AED 795 per sqft, 5% below the AED 836 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 96,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 26,600 a year.

Sales and rents for 5704 over time

Sales
Unit 5704, 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 1,053,416 (AED 665 per sqft)Sold, October 2013: AED 1,053,416 (AED 665 per sqft)Sold, December 2022: AED 30,380 (AED 956 per sqft)Sold, March 2023: AED 1,260,000 (AED 795 per sqft)

5704 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5704, 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 2013: AED 115,000 a yearNew contract, October 2014: AED 138,000 a yearRenewal, October 2015: AED 165,600 a yearNew contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 80,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 96,000 a yearRenewal, January 2024: AED 96,000 a yearRenewal, January 2024: AED 96,000 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 5704 sits

All 165 3-beds →

5704 last sold in March 2023 at AED 795 per sqft, 5% below what three-beds in Marina Pinnacle Tower were fetching at the time (AED 836). 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. 5704's AED 96,000 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 57th floor

All 751 units in Marina Pinnacle Tower
Value
57013-bedAED 555K · Mar 2023
57023-bedAED 1.45M · Jan 2023
57033-bedAED 1.55M · Oct 2023
57053-bedAED 1.15M · Mar 2023
57063-bedAED 1.48M · Feb 2023
57073-bedAED 680K · May 2023
57083-bedAED 1.53M · Jun 2023

5704, Marina Pinnacle Tower in numbers

  • Sold 4 times: first on 22 December 2009 for AED 1,053,416, last on 27 March 2023 for AED 1,260,000 (AED 795 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2022 and recovered to AED 96,000 by January 2024.
  • At AED 96,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 26,600 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 15 January 2024.

Questions about 5704, Marina Pinnacle Tower

What did unit 5704 last sell for?

AED 1,260,000 on 27 March 2023: AED 795 per sqft for 1,583 sqft. The unit has 4 registered sales; the first was AED 1,053,416 in December 2009.

What is the rent for unit 5704?

AED 96,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2024, was AED 96,000; the unit has been rented since October 2013.

How big is unit 5704?

1,583 sqft (147.1 sqm): a three-bedroom apartment on the 57th floor of a 67-storey tower completed in 2011.

What is unit 5704 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 5704, Marina Pinnacle Tower

Starts from the last sale price (AED 1.26M, 27 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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