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2-bed · 1,219 sqftMarina Pinnacle Tower, Dubai Marina · 15th floor · completed 2011

1509, Marina Pinnacle Tower

Sold prices and rental history: sold twice, last in February 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 750K23 February 2020
Current rentAED 120K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Marina Pinnacle Tower

What is 1509 worth today?

Last sold for AED 750,000 in 2020

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5 Feb 2025RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
24 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 90 per sqft
16 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
23 Feb 2020SoldReady
AED 750,000AED 615 per sqft
25 Apr 2009Sold by developerOff-plan
AED 1,062,472AED 871 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2025.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
15th of 67
Parking
B3-151
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 750K · February 2020
Building
Marina Pinnacle Tower

About 1509, Marina Pinnacle Tower

1509 is a two-bedroom apartment of 1,219 sqft on the 15th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 23 February 2020 for AED 750,000, or AED 615 per sqft, 5% below the AED 648 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 February 2025, is AED 120,000 a year: a gross yield of 16.0% on the 2020 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical two-bed in Marina Pinnacle Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,163,248; 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 1,215,000; 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 1,470,000Sold by developer, April 2009: AED 1,062,472 (AED 871 per sqft)Sold, February 2020: AED 750,000 (AED 615 per sqft)

1509 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1509, 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 115,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 84,765; 2019 AED 72,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 73,000; 2023 AED 92,750; 2024 AED 110,000; 2025 AED 115,250New contract, September 2021: AED 60,000 a yearRenewal, December 2023: AED 110,000 a yearNew contract, February 2025: AED 120,000 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 1509 sits

All 165 2-beds →

1509 last sold in February 2020 at AED 615 per sqft, 5% below what two-beds in Marina Pinnacle Tower were fetching at the time (AED 648). 1509's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20251,422,000
7 Apr 20251,500,000
10 Mar 20252,040,000
18 Feb 20251,430,000
0 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,260
Typical sale
AED 1.11M
Typical rent
AED 103K /yr
Typical yield
7.8%
Marina Pinnacle Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 751 units in Marina Pinnacle Tower
Value
15011-bedAED 1.1M · Mar 2024
15022-bedAED 1.08M · Dec 2012
15031-bedAED 990K · Jun 2014
15041-bedAED 1.15M · Mar 2013
15051-bedAED 540K · Jul 2021
15062-bedAED 1.32M · Jun 2013
15071-bedAED 500K · Dec 2014
1–7 of 13

1509, Marina Pinnacle Tower in numbers

  • Sold twice: first on 25 April 2009 for AED 1,062,472, last on 23 February 2020 for AED 750,000 (AED 615 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 16.0%, before a service charge of about AED 20,400 a year (AED 16.77 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2025.

Questions about 1509, Marina Pinnacle Tower

What did unit 1509 last sell for?

AED 750,000 on 23 February 2020: AED 615 per sqft for 1,219 sqft. The unit has 2 registered sales; the first was AED 1,062,472 in April 2009.

What is the rent for unit 1509?

AED 120,000 a year on the contract signed on 5 February 2025. The previous contract, from December 2023, was AED 110,000; the unit has been rented since September 2021.

How big is unit 1509?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 15th floor of a 67-storey tower completed in 2011.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1509, Marina Pinnacle Tower

Starts from the last sale price (AED 750K, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →