2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 7th floor · completed 2011

709, Marina Pinnacle Tower

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

Unit 709 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 1.01M4 March 2013
Current rentAED 55K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Marina Pinnacle Tower

What is 709 worth today?

Last sold for AED 1,010,966 in 2013

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1 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedRenewal
AED 55,000/yr12 months · AED 45 per sqft
1 Jul 2019RentedRenewal
AED 70,000/yr12 months · AED 58 per sqft
1 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
12 Apr 2016RentedRenewal
AED 85,000/yr12 months · AED 70 per sqft
12 Apr 2015RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
12 Apr 2013RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
4 Mar 2013SoldReady
AED 1,010,966AED 829 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
7th of 67
Parking
B4-66
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.01M · March 2013

About 709, Marina Pinnacle Tower

709 is a two-bedroom apartment of 1,219 sqft on the 7th 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 1,010,966, or AED 829 per sqft, 10% below the AED 922 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 March 2021, is AED 55,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 20,400 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical two-bed in Marina Pinnacle Tower
1M1.5M2M2006201220182024Typical 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, May 2006: AED 1,010,966 (AED 829 per sqft)Sold, March 2013: AED 1,010,966 (AED 829 per sqft)

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

Rents
Unit 709, 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, April 2013: AED 75,000 a yearNew contract, April 2015: AED 85,000 a yearRenewal, April 2016: AED 85,000 a yearNew contract, July 2018: AED 75,000 a yearRenewal, July 2019: AED 70,000 a yearRenewal, July 2020: AED 55,000 a yearNew contract, March 2021: AED 55,000 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 709 sits

All 166 2-beds →

709 last sold in March 2013 at AED 829 per sqft, 10% below what two-beds in Marina Pinnacle Tower were fetching at the time (AED 922). 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. 709's AED 55,000 is at the bottom 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 7th floor

All 751 units in Marina Pinnacle Tower
Value
7011-bedAED 750K · Sep 2022
7022-bedAED 900K · Jul 2012
7031-bedAED 599K · Aug 2012
7041-bedAED 675K · Jun 2021
7051-bedAED 530K · Mar 2013
7062-bedAED 1.45M · Sep 2024
7071-bedAED 920K · Oct 2024
1–7 of 13

709, Marina Pinnacle Tower in numbers

  • Sold twice: first on 7 May 2006 for AED 1,010,966, last on 4 March 2013 for AED 1,010,966 (AED 829 per sqft).
  • Rented since April 2013 on 7 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 5.4%, 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 1 March 2021.

Questions about 709, Marina Pinnacle Tower

What did unit 709 last sell for?

AED 1,010,966 on 4 March 2013: AED 829 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 1,010,966 in May 2006.

What is the rent for unit 709?

AED 55,000 a year on the contract signed on 1 March 2021. The previous contract, from July 2020, was AED 55,000; the unit has been rented since April 2013.

How big is unit 709?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 7th floor of a 67-storey tower completed in 2011.

What is unit 709 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 709, Marina Pinnacle Tower

Starts from the last sale price (AED 1.01M, 4 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,966
Deposit, UAE resident (20%)
AED 202,193
Deposit, non-resident (40%)
AED 404,386
Monthly over 25 years at 3.7%
AED 4,136

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