3-bed · 1,801 sqftMarina Pinnacle Tower, Dubai Marina · 59th floor · completed 2011

5902, Marina Pinnacle Tower

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

Unit 5902 · DLD and Ejari recordsUpdated 10 January 2019
Last soldAED 2.33M4 March 2013
Current rentAED 115K /yr10 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5902, Marina Pinnacle Tower

What is 5902 worth today?

Last sold for AED 2,328,000 in 2013

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10 Jan 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
23 May 2014RentedRenewal
AED 99,750/yr12 months · AED 55 per sqft
23 May 2013RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
4 Mar 2013SoldReady
AED 2,328,000AED 1,292 per sqft
19 May 2009Sold by developerOff-plan
AED 2,328,000AED 1,292 per sqft

Source: Dubai Land Department. Updated 10 January 2019.

Key facts

Type
3-bed apartment
Size
1,801 sqft
Floor
59th of 67
Parking
P3-624
Developer
Tiger Properties
Completed
2011
Service charge
AED 30,200 /yr
Last sold
AED 2.33M · March 2013

About 5902, Marina Pinnacle Tower

5902 is a three-bedroom apartment of 1,801 sqft on the 59th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 4 March 2013 for AED 2,328,000, or AED 1,292 per sqft, 21% above the AED 1,068 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 January 2019, is AED 115,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 30,200 a year.

Sales and rents for 5902 over time

Sales
Unit 5902, 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, May 2009: AED 2,328,000 (AED 1,292 per sqft)Sold, March 2013: AED 2,328,000 (AED 1,292 per sqft)

5902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5902, 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 2013: AED 95,000 a yearRenewal, May 2014: AED 99,750 a yearNew contract, January 2019: AED 115,000 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 5902 sits

All 165 3-beds →

5902 last sold in March 2013 at AED 1,292 per sqft, 21% above what three-beds in Marina Pinnacle Tower were fetching at the time (AED 1,068). 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. 5902's AED 115,000 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 59th floor

All 751 units in Marina Pinnacle Tower
Value
59013-bedAED 2.17M · Mar 2014
59033-bedAED 1.25M · Nov 2021
59043-bedAED 2.01M · Sep 2024
59053-bedAED 1.55M · Aug 2013
59063-bedAED 2.31M · Dec 2015
59073-bedAED 2.7M · Jan 2015
59083-bedNo registered sale

5902, Marina Pinnacle Tower in numbers

  • Sold twice: first on 19 May 2009 for AED 2,328,000, last on 4 March 2013 for AED 2,328,000 (AED 1,292 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 95,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2013 price is 4.9%, 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 10 January 2019.

Questions about 5902, Marina Pinnacle Tower

What did unit 5902 last sell for?

AED 2,328,000 on 4 March 2013: AED 1,292 per sqft for 1,801 sqft. The unit has 2 registered sales; the first was AED 2,328,000 in May 2009.

What is the rent for unit 5902?

AED 115,000 a year on the contract signed on 10 January 2019. The previous contract, from May 2014, was AED 99,750; the unit has been rented since May 2013.

How big is unit 5902?

1,801 sqft (167.3 sqm): a three-bedroom apartment on the 59th floor of a 67-storey tower completed in 2011.

What is unit 5902 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 5902, Marina Pinnacle Tower

Starts from the last sale price (AED 2.33M, 4 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,328,000
Deposit, UAE resident (20%)
AED 465,600
Deposit, non-resident (40%)
AED 931,200
Monthly over 25 years at 3.7%
AED 9,525

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