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

706, Marina Pinnacle Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.45M16 September 2024
Current rentAED 86K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Marina Pinnacle Tower

What is 706 worth today?

Last sold for AED 1,450,000 in 2024

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16 Sep 2024SoldReady
AED 1,450,000AED 1,189 per sqft
1 Sep 2024RentedRenewal
AED 86,400/yr6 months · AED 71 per sqft
1 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 59 per sqft
1 Sep 2022RentedNew contract
AED 72,000/yr12 months · AED 59 per sqft
28 Mar 2021SoldReady
AED 715,000AED 586 per sqft
30 Jul 2020RentedRenewal
AED 60,000/yr13 months · AED 49 per sqft
14 Jan 2013SoldReady
AED 1,059,139AED 868 per sqft
15 Dec 2012RentedNew contract
AED 77,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
7th of 67
Parking
B4-65
Developer
Tiger Properties
Completed
2011
Service charge
AED 20,400 /yr
Last sold
AED 1.45M · September 2024

About 706, Marina Pinnacle Tower

706 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 16 September 2024 for AED 1,450,000, or AED 1,189 per sqft, 6% above the AED 1,122 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 86,400 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 20,400 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Marina Pinnacle Tower
1M2M2009201420192024Typical 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 1,059,139 (AED 868 per sqft)Sold, January 2013: AED 1,059,139 (AED 868 per sqft)Sold, March 2021: AED 715,000 (AED 586 per sqft)Sold, September 2024: AED 1,450,000 (AED 1,189 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, each contractTypical two-bed in Marina Pinnacle Tower
100K2012201620202024Typical 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, December 2012: AED 77,000 a yearRenewal, July 2020: AED 60,000 a yearNew contract, September 2022: AED 72,000 a yearNew contract, September 2023: AED 72,000 a yearRenewal, September 2024: AED 86,400 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 706 sits

All 165 2-beds →

706 last sold in September 2024 at AED 1,189 per sqft, 6% above what two-beds in Marina Pinnacle Tower were fetching at the time (AED 1,122). 706's AED 86,400 is at the bottom 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 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
7071-bedAED 920K · Oct 2024
7081-bedAED 1.24M · Oct 2012
1–7 of 13

706, Marina Pinnacle Tower in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,059,139, last on 16 September 2024 for AED 1,450,000 (AED 1,189 per sqft).
  • Rented since December 2012 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 60,000 in 2020 and recovered to AED 86,400 by September 2024.
  • At AED 86,400 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 20,400 a year (AED 16.77 per sqft).

Source: Dubai Land Department. Updated 16 September 2024.

Questions about 706, Marina Pinnacle Tower

What did unit 706 last sell for?

AED 1,450,000 on 16 September 2024: AED 1,189 per sqft for 1,219 sqft. The unit has 4 registered sales; the first was AED 1,059,139 in April 2009.

What is the rent for unit 706?

AED 86,400 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 72,000; the unit has been rented since December 2012.

How big is unit 706?

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 706 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 706, Marina Pinnacle Tower

Starts from the last sale price (AED 1.45M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →