MARINA STAR
ResaleDeveloperCONDOR 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
Blended: Last 90Dvs Last 12M Baseline
Rising+5%
GrowthCurrent:AED 3,126/sqft
Last 12M:AED 2,973/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 2,973/sqft
Prior Year:AED 2,898/sqft
Community Compare: Last 90DDubai Marina
Premium+81%
Above AvgProject:AED 3,126/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
High25%Turnover
52Sold (Last 12M)
Supply & Demand Matrix
MARINA STAR averaged 25% 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
25 sold52 left
32%
Velocity
1 Bedroom
94 units
19 sold75 left
20%
Velocity
2 Bedrooms
31 units
8 sold23 left
26%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
4 Bedrooms
2 units
0 sold2 left
0%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
5 units
0 sold5 left
0%
Velocity
Layouts & Units (211)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 2-19 | Inventory 77units 13 layouts · Typically 1 parking 2-6 sqm balcony | Size Range 448-673sqft | Price Range AED 1.1M - AED 1.9M | Avg PSF 2,128 | Sales 47 | Trend — | |
Asset Class 1 Bed FlatFloors 1-19 | Inventory 94units 22 layouts · Typically 1 parking 4-37 sqm balcony | Size Range 624-1,078sqft | Price Range AED 1.5M - AED 3.3M | Avg PSF 2,033 | Sales 56 | Trend — | |
Asset Class 2 Bed FlatFloors 1-24 | Inventory 31units 11 layouts · Typically 1.4 parking 10-52 sqm balcony | Size Range 1,108-2,497sqft | Price Range AED 3.0M - AED 10.6M | Avg PSF 2,023 | Sales 20 | Trend — | |
Asset Class 3 Bed FlatFloor 1 | Inventory 1units Typically 2 parking ~28 sqm balcony | Size Range 2,858-2,858sqft | Price Range — | Avg PSF 1,645 | Sales 0 | Trend — | |
Asset Class 4 Bed FlatFloors 25-26 | Inventory 2units 2 layouts · Typically 2 parking 228-294 sqm balcony | Size Range 6,049-6,757sqft | Price Range — | Avg PSF 1,000 | Sales 0 | Trend — | |
Asset Class 5 Bed FlatPodium | Inventory 1units Typically 2 parking ~412 sqm balcony | Size Range 9,283-9,284sqft | Price Range — | Avg PSF 511 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 27,561-27,561sqft | Price Range — | Avg PSF 2,008 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 5units 5 layouts 32-42 sqm balcony | Size Range 395-2,155sqft | Price Range AED 7.0M - AED 7.2M | Avg PSF 2,115 | Sales 2 | Trend — |
Grouped into 8 asset classes covering 211 units