23 MARINA
ReadyDeveloperHIRCON INTERNATIONAL L.L.C
CommunityDubai Marina
AreaMarsa Dubai
Started
20 years 3 months ago30-09-2005
Handover
15 years 5 months ago15-08-2010
Status
CompleteFinished
Project Description
Freehold residential tower development located at the Dubai Marina. The building is designed and constructed as a 4B+G+4P+84 storey high tower formed in a concrete structure with its internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-12%
DeclineCurrent:AED 1,435/sqft
Last 12M:AED 1,628/sqft
Momentum: Last 12Mvs Prior Year
Rising+19%
GrowthLast 12M:AED 1,628/sqft
Prior Year:AED 1,365/sqft
Community Compare: Last 90DDubai Marina
Discount-22%
Below AvgProject:AED 1,435/sqft
Community:AED 1,848/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
21Sold (Last 12M)
Supply & Demand Matrix
23 MARINA averaged 7% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
2 Bedrooms
48 units
3 sold45 left
6%
Velocity
3 Bedrooms
192 units
13 sold179 left
7%
Velocity
4 Bedrooms
48 units
5 sold43 left
10%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Office
5 units
0 sold5 left
0%
Velocity
Layouts & Units (294)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 96 units | Type Flat | Beds 3 B/R | Size 2,980 sqft | Avg Price AED 3.4M | Last Price AED 4.4M | Last Sold 3 months ago | Sales 178 |
Units 48 units | Type Flat | Beds 2 B/R | Size 1,617 sqft | Avg Price AED 1.7M | Last Price AED 2.2M | Last Sold 3 months ago | Sales 91 |
Units 48 units | Type Flat | Beds 3 B/R | Size 2,161 sqft | Avg Price AED 2.1M | Last Price AED 3.0M | Last Sold 3 months ago | Sales 90 |
Units 48 units | Type Flat | Beds 3 B/R | Size 2,146 sqft | Avg Price AED 2.2M | Last Price AED 3.0M | Last Sold 4 months ago | Sales 94 |
Units 44 units | Type Flat | Beds 4 B/R | Size 5,645 sqft | Avg Price AED 7.3M | Last Price AED 12.4M | Last Sold 7 months ago | Sales 88 |
Units 4 units | Type Flat | Beds 4 B/R | Size 5,758 sqft | Avg Price AED 6.5M | Last Price AED 8.1M | Last Sold over 2 years ago | Sales 8 |
Units P4-2 | Type Office | Beds — | Size 704 sqft | Avg Price AED 506K | Last Price AED 690K | Last Sold almost 8 years ago | Sales 2 |
Units P4-5 | Type Office | Beds — | Size 554 sqft | Avg Price AED 543K | Last Price AED 543K | Last Sold about 8 years ago | Sales 1 |
Units P4-4 | Type Office | Beds — | Size 1,112 sqft | Avg Price AED 1.1M | Last Price AED 1.1M | Last Sold about 8 years ago | Sales 1 |
Units P4-1 | Type Office | Beds — | Size 1,309 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold about 8 years ago | Sales 1 |
Units P4-3 | Type Office | Beds — | Size 472 sqft | Avg Price AED 462K | Last Price AED 462K | Last Sold about 8 years ago | Sales 1 |
Units 8801 | Type Flat | Beds 5 B/R | Size 38,025 sqft | Avg Price AED 8.0M | Last Price AED 8.0M | Last Sold about 13 years ago | Sales 1 |
12 unique layouts covering 294 units