3-bed · 1,711 sqftMarina Pinnacle Tower, Dubai Marina · 58th floor · completed 2011

5803, Marina Pinnacle Tower

Sold prices and rental history: sold 5 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5803 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 1.03M17 February 2022
Current rentAED 135K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5803, Marina Pinnacle Tower

What is 5803 worth today?

Last sold for AED 1,025,000 in 2022

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2 Apr 2024RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
2 Apr 2024RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
2 Apr 2022RentedNew contract
AED 95,000/yr12 months · AED 56 per sqft
17 Feb 2022SoldReady
AED 1,025,000AED 598 per sqft
1 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
10 Jan 2019RentedNew contract
AED 89,000/yr12 months · AED 52 per sqft
1 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
1 Feb 2014RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
3-bed apartment
Size
1,711 sqft
Floor
58th of 67
Parking
P1-478
Developer
Tiger Properties
Completed
2011
Service charge
AED 28,700 /yr
Last sold
AED 1.03M · February 2022

About 5803, Marina Pinnacle Tower

5803 is a three-bedroom apartment of 1,711 sqft on the 58th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 17 February 2022 for AED 1,025,000, or AED 598 per sqft, 6% below the AED 638 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 2 April 2024, is AED 135,000 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 28,700 a year.

Sales and rents for 5803 over time

Sales
Unit 5803, each saleTypical three-bed in Marina Pinnacle Tower
02M4M2009201420192024Typical 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, February 2010: AED 3,446,058 (AED 2,013 per sqft)Sold, January 2013: AED 3,446,058 (AED 2,013 per sqft)Sold, February 2013: AED 3,446,058 (AED 2,013 per sqft)Sold, July 2013: AED 1,710,000 (AED 999 per sqft)Sold, February 2022: AED 1,025,000 (AED 598 per sqft)

5803 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5803, 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, February 2014: AED 150,000 a yearNew contract, November 2017: AED 125,000 a yearNew contract, January 2019: AED 89,000 a yearNew contract, February 2020: AED 85,000 a yearNew contract, April 2022: AED 95,000 a yearNew contract, April 2024: AED 135,000 a yearNew contract, April 2024: AED 135,000 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 5803 sits

All 165 3-beds →

5803 last sold in February 2022 at AED 598 per sqft, 6% below what three-beds in Marina Pinnacle Tower were fetching at the time (AED 638). 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. 5803's AED 135,000 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 58th floor

All 751 units in Marina Pinnacle Tower
Value
58013-bedAED 1.61M · Jul 2016
58023-bedAED 1.16M · Aug 2021
58043-bedAED 1.35M · Mar 2023
58053-bedAED 1.55M · Sep 2013
58063-bedAED 2.35M · Feb 2014
58073-bedAED 2.31M · May 2013
58083-bedAED 2.48M · Apr 2014

5803, Marina Pinnacle Tower in numbers

  • Sold 5 times: first on 11 February 2010 for AED 3,446,058, last on 17 February 2022 for AED 1,025,000 (AED 598 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 135,000 by April 2024.
  • At AED 135,000 a year the gross yield on the 2022 price is 13.2%, before a service charge of about AED 28,700 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 2 April 2024.

Questions about 5803, Marina Pinnacle Tower

What did unit 5803 last sell for?

AED 1,025,000 on 17 February 2022: AED 598 per sqft for 1,711 sqft. The unit has 5 registered sales; the first was AED 3,446,058 in February 2010.

What is the rent for unit 5803?

AED 135,000 a year on the contract signed on 2 April 2024. The previous contract, from April 2024, was AED 135,000; the unit has been rented since February 2014.

How big is unit 5803?

1,711 sqft (159.0 sqm): a three-bedroom apartment on the 58th floor of a 67-storey tower completed in 2011.

What is unit 5803 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 5803, Marina Pinnacle Tower

Starts from the last sale price (AED 1.03M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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