Marina Place 1

Off-Plan

DeveloperMINA RASHID PROPERTIES L.L.C

CommunityMina Rashid

AreaMadinat Dubai Almelaheyah

Started

8 months ago24-04-2025

Handover

In 2 years 11 months31-12-2028

Status

0% BuiltIn Progress

Project Description

Residential Development consisting of 1 Building (G+P+12 Floors) with 162 Residential Units

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-8%

Decline

Current:AED 2,656/sqft

Last 12M:AED 2,901/sqft

Momentum: Last 12Mvs Prior Year

Stable

-1%

Decline

Last 12M:AED 2,901/sqft

Prior Year:AED 2,938/sqft

Community Compare: Last 90DMina Rashid

Discount

-7%

Below Avg

Project:AED 2,656/sqft

Community:AED 2,842/sqft

Liquidity: Last 12MExit Speed

High

56%Turnover

90Sold (Last 12M)

Supply & Demand Matrix

Marina Place 1 averaged 56% 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

1 Bedroom

78 units

45 sold33 left

58%

Velocity

2 Bedrooms

69 units

38 sold31 left

55%

Velocity

3 Bedrooms

15 units

7 sold8 left

47%

Velocity

Layouts & Units (162)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 2 units	Type Flat	Beds 3 B/R	Size 2,652 sqft	Avg Price AED 9.1M	Last Price AED 9.1M	Last Sold 8 months ago	Sales 2

Units 8 units	Type Flat	Beds 2 B/R	Size 1,327 sqft	Avg Price AED 4.7M	Last Price AED 4.9M	Last Sold 9 months ago	Sales 8

Units 33 units	Type Flat	Beds 1 B/R	Size 802 sqft	Avg Price AED 2.2M	Last Price AED 2.1M	Last Sold 10 months ago	Sales 33

Units 10 units	Type Flat	Beds 2 B/R	Size 1,281 sqft	Avg Price AED 3.2M	Last Price AED 3.1M	Last Sold 10 months ago	Sales 10

Units 104	Type Flat	Beds 2 B/R	Size 1,661 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 10 months ago	Sales 1

Units 29 units	Type Flat	Beds 2 B/R	Size 1,164 sqft	Avg Price AED 3.7M	Last Price AED 3.1M	Last Sold 11 months ago	Sales 29

Units 31 units	Type Flat	Beds 1 B/R	Size 818 sqft	Avg Price AED 2.5M	Last Price AED 2.2M	Last Sold 11 months ago	Sales 31

Units 112	Type Flat	Beds 2 B/R	Size 1,400 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 11 months ago	Sales 1

Units 12 units	Type Flat	Beds 1 B/R	Size 901 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 11 months ago	Sales 12

Units 11 units	Type Flat	Beds 2 B/R	Size 1,298 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 11 months ago	Sales 11

Units 103	Type Flat	Beds 3 B/R	Size 2,100 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold 12 months ago	Sales 1

Units 105	Type Flat	Beds 1 B/R	Size 840 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold 12 months ago	Sales 1

Units 8 units	Type Flat	Beds 2 B/R	Size 1,310 sqft	Avg Price AED 4.6M	Last Price AED 4.8M	Last Sold 12 months ago	Sales 8

Units 102	Type Flat	Beds 2 B/R	Size 1,413 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 12 months ago	Sales 1

Units 11 units	Type Flat	Beds 3 B/R	Size 1,723 sqft	Avg Price AED 5.6M	Last Price AED 5.9M	Last Sold 12 months ago	Sales 11

Units TH02	Type Flat	Beds 3 B/R	Size 2,660 sqft	Avg Price AED 9.1M	Last Price AED 9.1M	Last Sold 12 months ago	Sales 1

Units 101	Type Flat	Beds 1 B/R	Size 944 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold about 1 year ago	Sales 1

17 unique layouts covering 162 units