2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 6th floor · completed 2011

602, Marina Pinnacle Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 8 June 2024
Last soldAED 1M25 April 2009
Current rentAED 97K /yr8 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Marina Pinnacle Tower

What is 602 worth today?

Last sold for AED 1,001,858 in 2009

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8 Jun 2024RentedRenewal
AED 96,800/yr12 months · AED 79 per sqft
8 Jun 2024RentedRenewal
AED 96,800/yr12 months · AED 79 per sqft
8 Jun 2023RentedRenewal
AED 88,000/yr12 months · AED 72 per sqft
8 Jun 2022RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
8 Dec 2021RentedRenewal
AED 55,000/yr12 months · AED 45 per sqft
8 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
10 Nov 2019RentedRenewal
AED 68,000/yr12 months · AED 56 per sqft
10 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 8 June 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
6th of 67
Parking
B4-78
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1M · April 2009

About 602, Marina Pinnacle Tower

602 is a two-bedroom apartment of 1,219 sqft on the 6th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. The developer sold it on 25 April 2009 for AED 1,001,858, or AED 821 per sqft, 18% below the AED 1,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 8 June 2024, is AED 96,800 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 20,400 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Marina Pinnacle Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,165,580; 2010 AED 1,678,753; 2011 AED 1,847,271; 2012 AED 1,074,720; 2013 AED 1,274,090; 2014 AED 1,400,652; 2015 AED 1,155,000; 2016 AED 1,210,000; 2017 AED 1,270,000; 2018 AED 1,100,000; 2019 AED 820,000; 2020 AED 752,500; 2021 AED 840,000; 2022 AED 945,000; 2023 AED 1,100,000; 2024 AED 1,370,118; 2025 AED 1,470,000; 2026 AED 1,170,098Sold by developer, April 2009: AED 1,001,858 (AED 821 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Marina Pinnacle Tower
50K100K2012201620202024Typical rent by year: 2012 AED 76,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 112,700; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 93,500; 2024 AED 110,000; 2025 AED 115,000New contract, March 2014: AED 70,000 a yearNew contract, February 2016: AED 88,000 a yearRenewal, February 2017: AED 101,200 a yearNew contract, November 2017: AED 85,000 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 68,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 55,000 a yearNew contract, June 2022: AED 80,000 a yearRenewal, June 2023: AED 88,000 a yearRenewal, June 2024: AED 96,800 a yearRenewal, June 2024: AED 96,800 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Pinnacle Tower, and where 602 sits

All 166 2-beds →

602 last sold in April 2009 at AED 821 per sqft, 18% below what two-beds in Marina Pinnacle Tower were fetching at the time (AED 1,004). Over the last 12 months two-beds sold for AED 1,122,868 to 1,194,056, around AED 960 per sqft, and rent for AED 60,000 to 120,000 a year. 602's AED 96,800 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20261,122,868
10 Jun 20261,190,195
8 Jun 20261,194,056
16 Mar 20261,150,000
4 2-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 6th floor

All 751 units in Marina Pinnacle Tower
Value
6011-bedAED 950K · Dec 2013
6031-bedAED 594K · Jun 2013
6041-bedAED 870K · Jun 2016
6051-bedAED 1.03M · Apr 2025
6062-bedAED 1.6M · Nov 2023
6071-bedAED 1.15M · Oct 2012
6081-bedAED 1.15M · Oct 2012
1–7 of 13

602, Marina Pinnacle Tower in numbers

  • Sold once: by Tiger Properties on 25 April 2009 for AED 1,001,858, or AED 821 per sqft.
  • Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 96,800 by June 2024.
  • At AED 96,800 a year the gross yield on the 2009 price is 9.7%, before a service charge of about AED 20,400 a year (AED 16.77 per sqft).
  • Two-beds in Marina Pinnacle Tower sold for AED 1,122,868–1,194,056 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 8 June 2024.

Questions about 602, Marina Pinnacle Tower

What did unit 602 last sell for?

AED 1,001,858 on 25 April 2009, sold by the developer: AED 821 per sqft for 1,219 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 96,800 a year on the contract renewed on 8 June 2024. The previous contract, from June 2024, was AED 96,800; the unit has been rented since March 2014.

How big is unit 602?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 6th floor of a 67-storey tower completed in 2011.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Pinnacle Tower sold for AED 1,122,868 to 1,194,056 in the last 12 months, around AED 960 per sqft.

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Mortgage on 602, Marina Pinnacle Tower

Starts from the last sale price (AED 1M, 25 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,858
Deposit, UAE resident (20%)
AED 200,372
Deposit, non-resident (40%)
AED 400,743
Monthly over 25 years at 3.7%
AED 4,099

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