MARINA STAR

Ready

DeveloperCONDOR REAL ESTATE DEVELOPMENT L.L.C

CommunityDubai Marina

AreaMarsa Dubai

Started

16 years 4 months ago15-09-2009

Handover

2 years 3 months ago09-10-2023

Status

CompleteFinished

Project Description

Freehold residential building with retails located in Dubai Marina. The building is designed as a 4B+G+26+HC. The building will be formed in a concrete structure with its external and internal finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+6%

Growth

Current:AED 3,119/sqft

Last 12M:AED 2,947/sqft

Momentum: Last 12Mvs Prior Year

Stable

+1%

Growth

Last 12M:AED 2,947/sqft

Prior Year:AED 2,932/sqft

Community Compare: Last 90DDubai Marina

Premium

+65%

Above Avg

Project:AED 3,050/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

High

26%Turnover

55Sold (Last 12M)

Supply & Demand Matrix

MARINA STAR averaged 26% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

77 units

27 sold50 left

35%

Velocity

1 Bedroom

94 units

20 sold74 left

21%

Velocity

2 Bedrooms

31 units

8 sold23 left

26%

Velocity

3 Bedrooms

1 units

0 sold1 left

Velocity

4 Bedrooms

2 units

0 sold2 left

Velocity

5 Bedrooms

1 units

0 sold1 left

Velocity

Shop

5 units

0 sold5 left

Velocity

Layouts & Units (211)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 15 units	Type Flat	Beds 1 B/R	Size 923 sqft	Avg Price AED 2.4M	Last Price AED 2.5M	Last Sold 7 days ago	Sales 10

Units 2 units	Type Flat	Beds 1 B/R	Size 996 sqft	Avg Price AED 3.0M	Last Price AED 2.9M	Last Sold 14 days ago	Sales 2

Units O102	Type Flat	Beds 1 B/R	Size 1,078 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 18 days ago	Sales 1

Units 15 units	Type Flat	Beds 1 B/R	Size 912 sqft	Avg Price AED 3.1M	Last Price AED 3.3M	Last Sold 25 days ago	Sales 9

Units 16 units	Type Flat	Beds Studio	Size 480 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold about 1 month ago	Sales 8

Units 9 units	Type Flat	Beds Studio	Size 510 sqft	Avg Price AED 1.7M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 7

Units 31 units	Type Flat	Beds Studio	Size 505 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold about 2 months ago	Sales 19

Units 7 units	Type Flat	Beds Studio	Size 500 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 2 months ago	Sales 6

Units 18 units	Type Flat	Beds 1 B/R	Size 841 sqft	Avg Price AED 2.2M	Last Price AED 2.6M	Last Sold 3 months ago	Sales 16

Units 6 units	Type Flat	Beds 2 B/R	Size 1,108 sqft	Avg Price AED 3.5M	Last Price AED 3.8M	Last Sold 4 months ago	Sales 3

Units 6 units	Type Flat	Beds 2 B/R	Size 1,152 sqft	Avg Price AED 3.5M	Last Price AED 3.2M	Last Sold 4 months ago	Sales 3

Units 6 units	Type Flat	Beds 2 B/R	Size 1,741 sqft	Avg Price AED 4.7M	Last Price AED 4.0M	Last Sold 5 months ago	Sales 4

Units 7 units	Type Flat	Beds Studio	Size 484 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold 6 months ago	Sales 7

Units 15 units	Type Flat	Beds 1 B/R	Size 687 sqft	Avg Price AED 2.1M	Last Price AED 2.0M	Last Sold 7 months ago	Sales 9

Units 5 units	Type Flat	Beds 2 B/R	Size 1,629 sqft	Avg Price AED 4.7M	Last Price AED 3.1M	Last Sold 7 months ago	Sales 5

Units T401	Type Flat	Beds 2 B/R	Size 1,160 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold 8 months ago	Sales 1

Units O104	Type Flat	Beds 1 B/R	Size 624 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 9 months ago	Sales 1

Units V102	Type Flat	Beds 2 B/R	Size 2,497 sqft	Avg Price AED 10.6M	Last Price AED 10.6M	Last Sold 9 months ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 918 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 1

Units 2 units	Type Flat	Beds 1 B/R	Size 914 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold about 1 year ago	Sales 1

Units 16 units	Type Flat	Beds 1 B/R	Size 949 sqft	Avg Price AED 3.0M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 5

Units 2 units	Type Flat	Beds 1 B/R	Size 998 sqft	Avg Price AED 3.0M	Last Price AED 3.0M	Last Sold over 1 year ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,180 sqft	Avg Price AED 3.4M	Last Price AED 3.5M	Last Sold over 1 year ago	Sales 2

Units T404	Type Flat	Beds 2 B/R	Size 1,552 sqft	Avg Price AED 5.3M	Last Price AED 5.3M	Last Sold almost 2 years ago	Sales 1

Units SHOP-1	Type Shop	Beds —	Size 1,030 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-1	Type Shop	Beds —	Size 1,847 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-2	Type Shop	Beds —	Size 1,858 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-2	Type Shop	Beds —	Size 1,904 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SHOP-3	Type Shop	Beds —	Size 2,155 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units O203	Type Flat	Beds 1 B/R	Size 717 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units O303	Type Flat	Beds 1 B/R	Size 720 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units O103	Type Flat	Beds 1 B/R	Size 758 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units O1404	Type Flat	Beds 1 B/R	Size 932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units O906	Type Flat	Beds 1 B/R	Size 988 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units V101	Type Flat	Beds 3 B/R	Size 2,858 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units PH2601	Type Flat	Beds 4 B/R	Size 6,053 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units PH2501	Type Flat	Beds 4 B/R	Size 6,755 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units V103	Type Flat	Beds 5 B/R	Size 9,283 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds Studio	Size 491 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

39 unique layouts covering 211 units