Dubai Marina is a popular location for luxury living and is known for its high-end residential apartments, world-class restaurants, and breathtaking waterfront views. Over the past 90 days, the secondary market analysis shows that Dubai Marina has been a hotspot for real estate transactions. Let's take a closer look at the data to understand the trends and patterns in the real estate market in Dubai Marina.

Apartments in Dubai Marina

Over the past 90 days, a total of 6,128 transactions worth AED 10.8 billion have taken place for apartments in Dubai. Out of these transactions, 727 transactions worth AED 1.3 billion were for projects located inside Dubai Marina. The top 10 projects in Dubai Marina with respect to the number of transactions are as follows:

• Al Areifi Marina Tower (Escan Marina Tower) - 49 transactions
• Marina Pinnacle Tower - 40 transactions
• Stella Maris Tower - 29 transactions
• Vida Residences Dubai Marina - 27 transactions
• The Residences at Marina Gate 2 - 25 transactions
• Torch Tower - 24 transactions
• Studio One - 22 transactions
• Jumeirah Living Marina Gate (The Residences at Marina Gate 3) - 14 transactions
• Dubai Marina Mall Hotel (The Address Dubai Marina) - 14 transactions
• Princess Tower - 14 transactions

The project that has done the highest business in terms of transactions and value is Al Areifi Marina Tower (Escan Marina Tower) with 49 transactions worth AED 3 million.

Serviced/Hotel Apartments in Dubai Marina

In addition to residential apartments, Dubai Marina is also home to several serviced/hotel apartments. Over the past 90 days, a total of 352 transactions worth AED 1.1 billion have taken place for serviced/hotel apartments in Dubai. Out of these transactions, 14 transactions worth AED 14.7 million were for projects located inside Dubai Marina. The top 5 projects in Dubai Marina with respect to the number of transactions are as follows:

• Orra Harbour Tower 1 - 3 transactions
• Millenium Place (The One Dubai Marina by Wyndham) - 3 transactions
• Ciel Tower - 3 transactions
• TFG Marina Hotel (Wyndham Dubai Marina) - 3 transactions
• Orra Harbour Tower 2 - 2 transactions

Price Ranges Division for apartments

The data also shows the division of price ranges for real estate transactions in Dubai Marina over the past 90 days. Here are the details:

• 50m+, Ultra Luxury Range - no transaction recorded under this range.
• 20m-50m, Elite Range - no transaction recorded under this range.
• 10m-20m, Premium Range - Out of the total 3 transactions in this range, Jumeirah Living Marina Gate (The Residences at Marina Gate 3), Elite Residence, and Le Reve Tower each had 1 transaction.
• 500k-5m, Affordable Range - Out of the total 669 transactions in this range, Al Areifi Marina Tower (Escan Marina Tower) had the most transactions with 42 transactions, followed by Stella Maris Tower with 27 transactions.

Affordable Range success

Dubai Marina has emerged as a top location for affordable apartments in Dubai. Out of the total 669 transactions in the affordable range, Dubai Marina has had 669 transactions worth AED 1.2 billion, making it the top location for apartments in this price range. Downtown Dubai follows closely with 482 transactions worth AED 1.2 billion.

Price Ranges Division for serviced/hotel apartments

• 50m+ Ultra Luxury Range:
• No transactions have been recorded for this price range.
• 20m-50m Elite Range:
• No transactions have been recorded for this price range.
• 10m-20m Premium Range:
• No transactions have been recorded for this price range.
• 500k-5m Affordable Range:
• A total of 14 transactions have been recorded for this price range. The following serviced apartments have been involved in these transactions: Orra Harbour Tower 1 - 3 transactions, TFG Marina Hotel (Wyndham Dubai Marina) - 3 transactions, Millennium Place (The One Dubai Marina by Wyndham) - 3 transactions, Ciel Tower - 3 transactions, Orra Harbour Tower 2 - 2 transactions

The data presented above is obtained from Broker Terminal's sources. The innovative platform boasts an impressive scope, covering over 6,000 real estate projects across all freehold locations in Dubai. This includes comprehensive details about 360 developers and their respective projects. With such an extensive and thorough database, Broker Terminal serves as an unmatched resource for investors seeking to make informed decisions in the Dubai real estate market. Its unparalleled depth and breadth of information make it an essential tool for anyone looking to stay ahead of the curve in this fast-paced industry.