ORRA MARINA

Ready

DeveloperGKT HOLDINGS LIMITED

CommunityDubai Marina

AreaMarsa Dubai

Started

18 years 4 months ago01-09-2007

Handover

13 years 6 months ago03-07-2012

Status

CompleteFinished

Project Description

Freehold residential tower development located in Dubai Marina, the building is designed to have 2B+G+29 floors. The building is being constructed as a concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+15%

Growth

Current:AED 1,677/sqft

Last 12M:AED 1,460/sqft

Momentum: Last 12Mvs Prior Year

Rising

+9%

Growth

Last 12M:AED 1,460/sqft

Prior Year:AED 1,342/sqft

Community Compare: Last 90DDubai Marina

Discount

-9%

Below Avg

Project:AED 1,677/sqft

Community:AED 1,848/sqft

Liquidity: Last 12MExit Speed

Moderate

17%Turnover

34Sold (Last 12M)

Supply & Demand Matrix

ORRA MARINA averaged 17% liquidity over the last 12 months, which is considered moderate. 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

1 units

0 sold1 left

Velocity

1 Bedroom

76 units

17 sold59 left

22%

Velocity

2 Bedrooms

75 units

15 sold60 left

20%

Velocity

3 Bedrooms

33 units

2 sold31 left

Velocity

4 Bedrooms

3 units

0 sold3 left

Velocity

6 Bedrooms

1 units

0 sold1 left

Velocity

Shop

6 units

0 sold6 left

Velocity

Office

1 units

0 sold1 left

Velocity

Layouts & Units (196)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 76 units	Type Flat	Beds 1 B/R	Size 908 sqft	Avg Price AED 1.2M	Last Price AED 1.4M	Last Sold 11 days ago	Sales 141

Units 37 units	Type Flat	Beds 2 B/R	Size 1,325 sqft	Avg Price AED 1.6M	Last Price AED 2.0M	Last Sold 3 months ago	Sales 52

Units 18 units	Type Flat	Beds 2 B/R	Size 1,318 sqft	Avg Price AED 1.5M	Last Price AED 2.3M	Last Sold 5 months ago	Sales 30

Units 16 units	Type Flat	Beds 3 B/R	Size 2,280 sqft	Avg Price AED 2.3M	Last Price AED 3.4M	Last Sold 8 months ago	Sales 12

Units 7 units	Type Flat	Beds 3 B/R	Size 2,167 sqft	Avg Price AED 2.5M	Last Price AED 3.6M	Last Sold 9 months ago	Sales 11

Units 6 units	Type Flat	Beds 3 B/R	Size 2,173 sqft	Avg Price AED 2.7M	Last Price AED 3.5M	Last Sold about 1 year ago	Sales 7

Units 2 units	Type Flat	Beds 4 B/R	Size 4,535 sqft	Avg Price AED 6.7M	Last Price AED 6.8M	Last Sold over 1 year ago	Sales 5

Units 19 units	Type Flat	Beds 2 B/R	Size 1,350 sqft	Avg Price AED 1.7M	Last Price AED 2.3M	Last Sold over 1 year ago	Sales 27

Units S5	Type Shop	Beds —	Size 1,473 sqft	Avg Price AED 1.6M	Last Price AED 2.8M	Last Sold over 3 years ago	Sales 2

Units 3 units	Type Flat	Beds 3 B/R	Size 2,298 sqft	Avg Price AED 700K	Last Price AED 700K	Last Sold over 12 years ago	Sales 2

Units Off-01	Type Office	Beds —	Size 1,218 sqft	Avg Price AED 500K	Last Price AED 500K	Last Sold over 12 years ago	Sales 1

Units 2901	Type Flat	Beds 3 B/R	Size 4,929 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 13 years ago	Sales 1

Units DR1	Type Flat	Beds Studio	Size 346 sqft	Avg Price AED 100K	Last Price AED 100K	Last Sold over 13 years ago	Sales 1

Units 2 units	Type Shop	Beds —	Size 1,917 sqft	Avg Price AED 500K	Last Price AED 500K	Last Sold over 13 years ago	Sales 1

Units 206	Type Flat	Beds 2 B/R	Size 8,798 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units V2	Type Flat	Beds 4 B/R	Size 8,224 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units V1	Type Flat	Beds 6 B/R	Size 9,596 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S1	Type Shop	Beds —	Size 2,266 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S3	Type Shop	Beds —	Size 2,341 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units S6	Type Shop	Beds —	Size 2,414 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

20 unique layouts covering 196 units