3-bed · 1,803 sqftMarina Pinnacle Tower, Dubai Marina · 59th floor · completed 2011

5906, Marina Pinnacle Tower

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5906 · DLD and Ejari recordsUpdated 15 July 2019
Last soldAED 2.31M9 December 2015
Current rentAED 130K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5906, Marina Pinnacle Tower

What is 5906 worth today?

Last sold for AED 2,310,000 in 2015

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15 Jul 2019RentedRenewal
AED 130,000/yr6 months · AED 72 per sqft
15 Jan 2019RentedRenewal
AED 130,000/yr6 months · AED 72 per sqft
15 Jan 2018RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
9 Dec 2015Sold by developerReady
AED 2,310,000AED 1,280 per sqft

Source: Dubai Land Department. Updated 15 July 2019.

Key facts

Type
3-bed apartment
Size
1,803 sqft
Floor
59th of 67
Parking
P3-E10
Developer
Tiger Properties
Completed
2011
Service charge
AED 30,200 /yr
Last sold
AED 2.31M · December 2015

About 5906, Marina Pinnacle Tower

5906 is a three-bedroom apartment of 1,803 sqft on the 59th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. The developer sold it on 9 December 2015 for AED 2,310,000, or AED 1,280 per sqft, in line with the AED 1,302 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 July 2019, is AED 130,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 30,200 a year.

Sales and rents for 5906 over time

Sales
Unit 5906, 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 2015: AED 2,310,000 (AED 1,280 per sqft)

5906 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5906, 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, January 2018: AED 130,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, July 2019: AED 130,000 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 5906 sits

All 165 3-beds →

5906 last sold in December 2015 at AED 1,280 per sqft, in line with what three-beds in Marina Pinnacle Tower were fetching at the time (AED 1,302). 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. 5906's AED 130,000 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
59023-bedAED 2.33M · Mar 2013
59033-bedAED 1.25M · Nov 2021
59043-bedAED 2.01M · Sep 2024
59053-bedAED 1.55M · Aug 2013
59073-bedAED 2.7M · Jan 2015
59083-bedNo registered sale

5906, Marina Pinnacle Tower in numbers

  • Sold once: by Tiger Properties on 9 December 2015 for AED 2,310,000, or AED 1,280 per sqft.
  • Rented since January 2018 on 3 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 5.6%, 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 15 July 2019.

Questions about 5906, Marina Pinnacle Tower

What did unit 5906 last sell for?

AED 2,310,000 on 9 December 2015, sold by the developer: AED 1,280 per sqft for 1,803 sqft. It is the only registered sale of the unit.

What is the rent for unit 5906?

AED 130,000 a year on the contract renewed on 15 July 2019. The previous contract, from January 2019, was AED 130,000; the unit has been rented since January 2018.

How big is unit 5906?

1,803 sqft (167.5 sqm): a three-bedroom apartment on the 59th floor of a 67-storey tower completed in 2011.

What is unit 5906 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 5906, Marina Pinnacle Tower

Starts from the last sale price (AED 2.31M, 9 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,000
Deposit, UAE resident (20%)
AED 462,000
Deposit, non-resident (40%)
AED 924,000
Monthly over 25 years at 3.7%
AED 9,451

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