ORRA MARINA

Mature
CommunityDubai Marina
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

Market Sales: Last 90Dvs Last 12M Baseline
Rising
+12%
Growth
Current:AED 1,636/sqft
Last 12M:AED 1,459/sqft
Momentum: Last 12Mvs Prior Year
Rising
+9%
Growth
Last 12M:AED 1,459/sqft
Prior Year:AED 1,334/sqft
Community Compare: Last 90DDubai Marina
Discount
-5%
Below Avg
Project:AED 1,636/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
High
21%Turnover
41Sold (Last 12M)

Supply & Demand Matrix

ORRA MARINA averaged 21% 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
1 units
0%
Velocity
1 Bedroom
76 units
28%
Velocity
2 Bedrooms
75 units
24%
Velocity
3 Bedrooms
33 units
6%
Velocity
4 Bedrooms
3 units
0%
Velocity
6 Bedrooms
1 units
0%
Velocity
Shop
6 units
0%
Velocity
Office
1 units
0%
Velocity

Layouts & Units (196)

Asset Class
Studio FlatPodium
Inventory
1units
Typically 1 parking
Size Range
346-346sqft
Price Range
AED 100K - AED 100K
Avg PSF
289
Sales
1
Trend
Asset Class
1 Bed FlatFloors 2-20
Inventory
76units
2 layouts · Typically 1 parking
~12 sqm balcony
Size Range
9-921sqft
Price Range
AED 9K - AED 2.0M
Avg PSF
1,230
Sales
169
Trend
Asset Class
2 Bed FlatFloors 2-20
Inventory
75units
5 layouts · Typically 1 parking
28-628 sqm balcony
Size Range
13-8,798sqft
Price Range
AED 13K - AED 2.7M
Avg PSF
1,189
Sales
142
Trend
Asset Class
3 Bed FlatFloors 21-29
Inventory
33units
5 layouts · Typically 2 parking
29-102 sqm balcony
Size Range
1,084-4,929sqft
Price Range
AED 700K - AED 4.7M
Avg PSF
1,213
Sales
33
Trend
Asset Class
4 Bed FlatPodium + Floor 30
Inventory
3units
2 layouts · Typically 2.7 parking
99-269 sqm balcony
Size Range
2,268-11,346sqft
Price Range
AED 2.0M - AED 8.5M
Avg PSF
1,307
Sales
6
Trend
Asset Class
6 Bed FlatPodium
Inventory
1units
Typically 3 parking
~396 sqm balcony
Size Range
4,798-12,669sqft
Price Range
AED 2.0M - AED 2.0M
Avg PSF
1,049
Sales
1
Trend
Asset Class
Building
Inventory
0units
Size Range
54,973-54,973sqft
Price Range
Avg PSF
544
Sales
0
Trend
Asset Class
Land
Inventory
0units
Size Range
1,318-9,596sqft
Price Range
Avg PSF
3,465
Sales
0
Trend
Asset Class
OfficePodium
Inventory
1units
Typically 1 parking
Size Range
1,218-1,218sqft
Price Range
AED 500K - AED 500K
Avg PSF
970
Sales
1
Trend
Asset Class
Shop
Inventory
6units
6 layouts · Typically 1.8 parking
22-54 sqm balcony
Size Range
736-2,414sqft
Price Range
AED 500K - AED 2.8M
Avg PSF
1,167
Sales
7
Trend

Grouped into 10 asset classes covering 196 units