1-bed · 845 sqftMarina Pinnacle Tower, Dubai Marina · 5th floor · completed 2011

508, Marina Pinnacle Tower

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 6 December 2022
Last soldAED 520K11 January 2021
Current rentAED 60K /yr6 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Marina Pinnacle Tower

What is 508 worth today?

Last sold for AED 520,000 in 2021

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6 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
10 Aug 2021RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
11 Jan 2021SoldReady
AED 520,000AED 615 per sqft
1 Mar 2018RentedNew contract
AED 61,000/yr12 months · AED 73 per sqft
17 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
17 Feb 2016RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
17 Feb 2015RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
17 Feb 2014RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 6 December 2022.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
5th of 67
Parking
P3-658
Developer
Tiger Properties
Completed
2011
Service charge
AED 14,200 /yr
Last sold
AED 520K · January 2021

About 508, Marina Pinnacle Tower

508 is a one-bedroom apartment of 845 sqft on the 5th floor of Marina Pinnacle Tower, a 67-storey tower in Dubai Marina completed in 2011 by Tiger Properties. It last sold on 11 January 2021 for AED 520,000, or AED 615 per sqft, in line with the AED 627 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 6 December 2022, is AED 60,000 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 14,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Marina Pinnacle Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 750,984; 2010 AED 1,215,496; 2011 AED 746,005; 2012 AED 721,388; 2013 AED 825,000; 2014 AED 990,000; 2015 AED 930,000; 2016 AED 860,000; 2017 AED 850,000; 2018 AED 800,000; 2019 AED 630,000; 2020 AED 520,000; 2021 AED 587,500; 2022 AED 660,000; 2023 AED 755,000; 2024 AED 965,000; 2025 AED 1,050,000Sold by developer, December 2012: AED 819,497 (AED 969 per sqft)Sold, January 2021: AED 520,000 (AED 615 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Marina Pinnacle Tower
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 63,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,599; 2018 AED 65,000; 2019 AED 56,000; 2020 AED 48,000; 2021 AED 44,000; 2022 AED 55,000; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 77,250; 2026 AED 80,550New contract, January 2013: AED 60,000 a yearNew contract, February 2014: AED 75,000 a yearRenewal, February 2015: AED 75,000 a yearRenewal, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearNew contract, March 2018: AED 61,000 a yearNew contract, August 2021: AED 34,000 a yearNew contract, December 2022: AED 60,000 a year

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

1-beds in Marina Pinnacle Tower, and where 508 sits

All 416 1-beds →

508 last sold in January 2021 at AED 615 per sqft, in line with what one-beds in Marina Pinnacle Tower were fetching at the time (AED 627). Over the last 12 months one-beds sold for AED 820,000 to 1,123,570, around AED 1,313 per sqft, and rent for AED 77,000 to 109,770 a year. 508's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20261,100,000
2 Jan 20261,123,570
8 Dec 2025820,000
4 Jun 20251,050,000
3 1-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 5th floor

All 751 units in Marina Pinnacle Tower
Value
5011-bedAED 661K · Jan 2013
5022-bedAED 1.4M · Dec 2024
5031-bedAED 588K · Apr 2009
5041-bedAED 1.2M · Jan 2013
5051-bedAED 850K · Sep 2016
5062-bedAED 2.04M · Mar 2025
5071-bedAED 1.24M · Oct 2012
1–7 of 13

508, Marina Pinnacle Tower in numbers

  • Sold twice: first on 29 December 2012 for AED 819,497, last on 11 January 2021 for AED 520,000 (AED 615 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 60,000 by December 2022.
  • At AED 60,000 a year the gross yield on the 2021 price is 11.5%, before a service charge of about AED 14,200 a year (AED 16.77 per sqft).
  • One-beds in Marina Pinnacle Tower sold for AED 820,000–1,123,570 in the 12 months to November 2026; the building's median across all types is AED 1,260 per sqft.

Source: Dubai Land Department. Updated 6 December 2022.

Questions about 508, Marina Pinnacle Tower

What did unit 508 last sell for?

AED 520,000 on 11 January 2021: AED 615 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 819,497 in December 2012.

What is the rent for unit 508?

AED 60,000 a year on the contract signed on 6 December 2022. The previous contract, from August 2021, was AED 34,000; the unit has been rented since January 2013.

How big is unit 508?

845 sqft (78.5 sqm): a one-bedroom apartment on the 5th floor of a 67-storey tower completed in 2011.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Pinnacle Tower sold for AED 820,000 to 1,123,570 in the last 12 months, around AED 1,313 per sqft.

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Mortgage on 508, Marina Pinnacle Tower

Starts from the last sale price (AED 520K, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus AED 26,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →