Project · Transactions · 2023

Marina Residence Property Transactions 2023

131 property sales worth ⃃ 1.2B were registered in Marina Residence in 2023, 8.3% higher than 2022 by number of sales. The median sale price was ⃃ 3,000,000 and the median price per square foot ⃃ 1,490 (+15.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 131 salesUpdated: 17 Oct 2026
Property sales
131
+8.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 1.2B
−43.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,000,000
+9.5% vs 2022
131 sales
Median price per sq ft
⃃ 1,490
+15.1% vs 2022
131 sales

What types of property sold in Marina Residence in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12393.9%⃃ 460.54M⃃ 2,900,000⃃ 1,468
Villas32.3%⃃ 131.5M⃃ 31,500,000⃃ 4,500

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)10.8%⃃ 7.6M⃃ 7,600,000⃃ 1,607
Resale (secondary)13099.2%⃃ 1.2B⃃ 3,000,000⃃ 1,490
Ready131100%⃃ 1.2B⃃ 3,000,000⃃ 1,490

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

505 rental contracts (new and renewed) were registered in Marina Residence in 2023, at a median annual rent of ⃃ 165,000 (+17.9% on 2022). Rental yields in Marina Residence

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/08/2023Marina ResidencePlot56,295 sq ft⃃ 190,000,000Resale · Ready
24/07/2023Marina ResidencePlot15,771 sq ft⃃ 150,000,000Resale · Ready
17/08/2023Marina ResidencePlot16,127 sq ft⃃ 106,000,000Resale · Ready
24/08/2023Marina Residence10 beds · Villa16,703 sq ft⃃ 76,000,000Resale · Ready
21/03/2023Marina ResidencePlot15,305 sq ft⃃ 74,000,000Resale · Ready
21/02/2023Marina ResidencePlot16,965 sq ft⃃ 63,000,000Resale · Ready
25/05/2023Marina Residence7 beds · Villa13,399 sq ft⃃ 31,500,000Resale · Ready
20/03/2023Marina Residence4 beds · Villa7,381 sq ft⃃ 24,000,000Resale · Ready
18/12/2023Marina Residences 34 beds · Apartment10,254 sq ft⃃ 16,000,000Resale · Ready
03/02/2023Marina Residences 35 beds · Apartment13,095 sq ft⃃ 14,152,707Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
21/12/2023Marina Residences 32 beds · Apartment1,735 sq ft⃃ 3,200,000Resale · Ready
20/12/2023Marina Residences 44 beds · Apartment6,821 sq ft⃃ 11,000,000Resale · Ready
19/12/2023Marina Residences 42 beds · Apartment1,935 sq ft⃃ 144,212Resale · Ready
18/12/2023Marina Residences 34 beds · Apartment10,254 sq ft⃃ 16,000,000Resale · Ready
14/12/2023Marina Residences 32 beds · Apartment2,046 sq ft⃃ 2,850,000Resale · Ready
12/12/2023Marina Residences 22 beds · Apartment4,046 sq ft⃃ 6,675,000Resale · Ready
12/12/2023Marina Residences 22 beds · Apartment1,735 sq ft⃃ 3,000,000Resale · Ready
11/12/2023Marina Residences 53 beds · Apartment2,439 sq ft⃃ 4,950,000Resale · Ready
07/12/2023Marina Residences 12 beds · Apartment2,019 sq ft⃃ 2,750,000Resale · Ready
06/12/2023Marina Residences 42 beds · Apartment2,047 sq ft⃃ 1,591,000Resale · 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-residence/2023
Marina Residence Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/marina-residence/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 Residence in 2023?
131 property sales worth ⃃ 1,175,038,855 were registered in Marina Residence in 2023. That is 8.3% higher than 2022.
What was the median property price in Marina Residence in 2023?
The median sale price was ⃃ 3,000,000 and the median price per square foot ⃃ 1,490 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Marina Residence were off-plan or from developers?
Developer (primary) sales were 0.8% of the 131 sales and resales 99.2%. Primary/resale and off-plan/ready are different splits.

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