Building · Transactions · 2023

Marina Residences 1 Property Transactions 2023

23 property sales worth ⃃ 79.19M were registered in Marina Residences 1 in 2023, 43.8% higher than 2022 by number of sales. The median sale price was ⃃ 2,875,000 and the median price per square foot ⃃ 1,417 (+17.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 23 salesUpdated: 18 Oct 2026
Property sales
23
+43.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 79.19M
+55.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,875,000
−3.0% vs 2022
23 sales
Median price per sq ft
⃃ 1,417
+17.4% vs 2022
23 sales

What types of property sold in Marina Residences 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments23100%⃃ 79.19M⃃ 2,875,000⃃ 1,417

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)14.3%⃃ 7.6M⃃ 7,600,000⃃ 1,607
Resale (secondary)2295.7%⃃ 71.59M⃃ 2,812,500⃃ 1,413
Ready23100%⃃ 79.19M⃃ 2,875,000⃃ 1,417

How many rental contracts were registered in Marina Residences 1 in 2023?

77 rental contracts (new and renewed) were registered in Marina Residences 1 in 2023, at a median annual rent of ⃃ 170,000 (+13.1% on 2022). Rental yields in Marina Residences 1

What were the most expensive property sales in Marina Residences 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/03/2023Marina Residences 15 beds · Apartment13,095 sq ft⃃ 12,000,000Resale · Ready
07/11/2023Marina Residences 13 beds · Apartment4,730 sq ft⃃ 7,600,000Primary · Ready
04/04/2023Marina Residences 12 beds · Apartment4,090 sq ft⃃ 4,400,000Resale · Ready
20/01/2023Marina Residences 12 beds · Apartment4,090 sq ft⃃ 3,900,000Resale · Ready
26/10/2023Marina Residences 12 beds · Apartment1,858 sq ft⃃ 3,650,000Resale · Ready
23/02/2023Marina Residences 12 beds · Apartment2,042 sq ft⃃ 3,400,000Resale · Ready
24/08/2023Marina Residences 12 beds · Apartment1,746 sq ft⃃ 3,255,000Resale · Ready
30/10/2023Marina Residences 12 beds · Apartment2,046 sq ft⃃ 3,200,000Resale · Ready
12/01/2023Marina Residences 12 beds · Apartment1,735 sq ft⃃ 3,200,000Resale · Ready
31/07/2023Marina Residences 12 beds · Apartment1,935 sq ft⃃ 3,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
07/12/2023Marina Residences 12 beds · Apartment2,019 sq ft⃃ 2,750,000Resale · Ready
07/11/2023Marina Residences 13 beds · Apartment4,730 sq ft⃃ 7,600,000Primary · Ready
30/10/2023Marina Residences 12 beds · Apartment2,046 sq ft⃃ 3,200,000Resale · Ready
26/10/2023Marina Residences 12 beds · Apartment1,858 sq ft⃃ 3,650,000Resale · Ready
07/09/2023Marina Residences 12 beds · Apartment1,870 sq ft⃃ 2,580,000Resale · Ready
29/08/2023Marina Residences 12 beds · Apartment2,046 sq ft⃃ 2,900,000Resale · Ready
24/08/2023Marina Residences 12 beds · Apartment1,746 sq ft⃃ 3,255,000Resale · Ready
15/08/2023Marina Residences 12 beds · Apartment1,746 sq ft⃃ 1,350,000Resale · Ready
31/07/2023Marina Residences 12 beds · Apartment1,935 sq ft⃃ 3,000,000Resale · Ready
31/07/2023Marina Residences 12 beds · Apartment1,870 sq ft⃃ 2,600,000Resale · 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-residences-1/2023
Marina Residences 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/marina-residences-1/2023

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 Residences 1 in 2023?
23 property sales worth ⃃ 79,190,600 were registered in Marina Residences 1 in 2023. That is 43.8% higher than 2022.
What was the median property price in Marina Residences 1 in 2023?
The median sale price was ⃃ 2,875,000 and the median price per square foot ⃃ 1,417 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Marina Residences 1 were off-plan or from developers?
Developer (primary) sales were 4.3% of the 23 sales and resales 95.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/marina-residences-1/2023