Master Project · Transactions · 2023

Dubai Marina Property Transactions 2023

4,766 property sales worth ⃃ 11.4B were registered in Dubai Marina in 2023, 9.8% higher than 2022 by number of sales. The median sale price was ⃃ 1,600,000 and the median price per square foot ⃃ 1,777 (+4.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 4,766 salesUpdated: 18 Oct 2026
Property sales
4,766
+9.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.4B
+17.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,600,000
−1.2% vs 2022
4,766 sales
Median price per sq ft
⃃ 1,777
+4.9% vs 2022
4,766 sales

What types of property sold in Dubai Marina in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4,71198.8%⃃ 10.1B⃃ 1,590,000⃃ 1,778
Villas30.1%⃃ 19.95M⃃ 5,550,000⃃ 1,509
Commercial471%⃃ 334.96M⃃ 3,753,846⃃ 1,620

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1,43530.1%⃃ 3.9B⃃ 1,648,358⃃ 4,006
Resale (secondary)3,33169.9%⃃ 7.5B⃃ 1,600,000⃃ 1,489
Off-plan1,47130.9%⃃ 3.6B⃃ 1,466,690⃃ 4,441
Ready3,29569.1%⃃ 7.7B⃃ 1,610,985⃃ 1,444

How many rental contracts were registered in Dubai Marina in 2023?

16,623 rental contracts (new and renewed) were registered in Dubai Marina in 2023, at a median annual rent of ⃃ 96,000 (+12.9% on 2022). Rental yields in Dubai Marina

What were the most expensive property sales in Dubai Marina in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/11/2023Six Senses Residences Dubai MarinaPlot37,677 sq ft⃃ 360,000,000Primary · Ready
26/07/2023Dubai MarinaPlot94,126 sq ft⃃ 265,000,000Resale · Ready
15/02/2023Marina 101Commercial391,541 sq ft⃃ 154,800,000Resale · Ready
12/09/2023Rove Home Dubai MarinaPlot59,944 sq ft⃃ 150,000,000Resale · Ready
23/10/2023Al Majara 4Building213,355 sq ft⃃ 133,606,088Resale · Off-plan
12/09/2023Princess Tower5 beds · Apartment12,948 sq ft⃃ 34,000,000Resale · Ready
26/09/2023LIV Marina4 beds · Apartment6,895 sq ft⃃ 24,000,000Resale · Off-plan
15/12/2023Damac Heights5 beds · Apartment11,091 sq ft⃃ 23,053,889Resale · Ready
31/10/2023Jumeirah Living Marina Gate5 beds · Apartment5,585 sq ft⃃ 19,750,000Resale · Ready
26/10/2023Jumeirah Living Marina Gate4 beds · Apartment4,634 sq ft⃃ 16,000,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/dubai-marina/2023
Dubai Marina Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dubai-marina/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Dubai Marina in 2023?
4,766 property sales worth ⃃ 11,356,277,048 were registered in Dubai Marina in 2023. That is 9.8% higher than 2022.
What was the median property price in Dubai Marina in 2023?
The median sale price was ⃃ 1,600,000 and the median price per square foot ⃃ 1,777 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubai Marina were off-plan or from developers?
Developer (primary) sales were 30.1% of the 4,766 sales and resales 69.9%. Off-plan units made up 30.9% and ready units 69.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/dubai-marina/2023