Marina Pinnacle is a ready-to-move-in residential complex from Tiger Group and National Engineering Bureau.
The project was completed in 2011 and is located in the prestigious area of Dubai Marina, within walking distance of the beaches of the Arabian Gulf and promenade zones.
The 73-storey complex of Marina Pinnacle features 748 units which include 1–3 bedroom apartments with living areas ranging from 764 sq. ft to 1,808 sq. ft.
Marina Pinnacle also offers Nando's, which is a popular restaurant offering Portuguese cuisine, specializing in chicken, and a coffee shop named Breaking Bread Dubai. Aster Pharmacy 150, Shanti Art Gallery, a dry cleaners, and several retail stores are also located within the building.
A 1-bedroom apartment is available for sale at a starting price of AED 650,000 (USD 177,000).
Apartments in Marina Pinnacle are a harmonious place for permanent residence for families with children, as well as for couples and single professionals.
The complex offers various types of properties, as well as many high-end amenities for outdoor activities. Marina Pinnacle is the 19th tallest building in the region, offering uninterrupted views of the Arabian Gulf and Dubai’s iconic skyline.
Since Marina Pinnacle is already completed, it offers excellent investment opportunities. Immediately after the purchase of a property, you will be able to rent it out and generate a stable passive income. The ROI here is up to 8.1% for a 1-bedroom apartment, while the average rental price is AED 65,000 (USD 17,700) per year.
Moreover, purchasing a ready-to-move-in residential real estate unit at a price of AED 750,000 (USD 204,200), or if you are already an owner of this type of property, allows you to apply for a residence visa for investment in the UAE economy. A 3-year visa will enable you to stay in the country without any time limits, sponsor your family members, obtain a driver’s license and an Emirates ID, and enjoy many other benefits.