Building · Transactions · 2023

Marina Plaza Property Transactions 2023

13 property sales worth ⃃ 85.2M were registered in Marina Plaza in 2023, 50.0% lower than 2022 by number of sales. The median sale price was ⃃ 6,850,000 and the median price per square foot ⃃ 1,848 (+19.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 13 salesUpdated: 18 Oct 2026
Property sales
13
−50.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 85.2M
−41.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 6,850,000
+18.5% vs 2022
13 sales
Median price per sq ft
⃃ 1,848
+19.1% vs 2022
13 sales

What types of property sold in Marina Plaza in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial13100%⃃ 85.2M⃃ 6,850,000⃃ 1,848

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)17.7%⃃ 7.91M⃃ 7,909,888⃃ 1,999
Resale (secondary)1292.3%⃃ 77.29M⃃ 6,625,000⃃ 1,814
Ready13100%⃃ 85.2M⃃ 6,850,000⃃ 1,848

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

86 rental contracts (new and renewed) were registered in Marina Plaza in 2023, at a median annual rent of ⃃ 385,537 (+0.7% on 2022). Rental yields in Marina Plaza

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/09/2023Marina PlazaCommercial3,957 sq ft⃃ 7,909,888Primary · Ready
24/10/2023Marina PlazaCommercial3,729 sq ft⃃ 7,400,000Resale · Ready
12/09/2023Marina PlazaCommercial3,703 sq ft⃃ 7,300,000Resale · Ready
15/11/2023Marina PlazaCommercial3,619 sq ft⃃ 7,000,000Resale · Ready
15/11/2023Marina PlazaCommercial3,620 sq ft⃃ 7,000,000Resale · Ready
03/08/2023Marina PlazaCommercial3,932 sq ft⃃ 7,000,000Resale · Ready
28/09/2023Marina PlazaCommercial3,707 sq ft⃃ 6,850,000Resale · Ready
17/03/2023Marina PlazaCommercial3,619 sq ft⃃ 6,400,000Resale · Ready
03/05/2023Marina PlazaCommercial3,703 sq ft⃃ 5,945,208Resale · Ready
11/07/2023Marina PlazaCommercial3,124 sq ft⃃ 5,900,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
15/11/2023Marina PlazaCommercial3,620 sq ft⃃ 7,000,000Resale · Ready
15/11/2023Marina PlazaCommercial3,619 sq ft⃃ 7,000,000Resale · Ready
24/10/2023Marina PlazaCommercial3,729 sq ft⃃ 7,400,000Resale · Ready
28/09/2023Marina PlazaCommercial3,707 sq ft⃃ 6,850,000Resale · Ready
14/09/2023Marina PlazaCommercial3,957 sq ft⃃ 7,909,888Primary · Ready
12/09/2023Marina PlazaCommercial3,703 sq ft⃃ 7,300,000Resale · Ready
03/08/2023Marina PlazaCommercial3,932 sq ft⃃ 7,000,000Resale · Ready
11/07/2023Marina PlazaCommercial3,124 sq ft⃃ 5,900,000Resale · Ready
25/05/2023Marina PlazaCommercial3,951 sq ft⃃ 5,525,687Resale · Ready
03/05/2023Marina PlazaCommercial3,703 sq ft⃃ 5,945,208Resale · Ready

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/marina-plaza/2023
Marina Plaza Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/marina-plaza/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 Marina Plaza in 2023?
13 property sales worth ⃃ 85,204,044 were registered in Marina Plaza in 2023. That is 50.0% lower than 2022.
What was the median property price in Marina Plaza in 2023?
The median sale price was ⃃ 6,850,000 and the median price per square foot ⃃ 1,848 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Marina Plaza were off-plan or from developers?
Developer (primary) sales were 7.7% of the 13 sales and resales 92.3%. Primary/resale and off-plan/ready are different splits.

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