THE RESIDENCES AT MARINA GATE 1
ResaleDeveloperSELECT GLOBAL DEVELOPMENT L.L.C
CommunityDubai Marina
AreaMarsa Dubai
Started
11 years 8 months ago01-05-2014
Handover
7 years 9 months ago02-04-2018
Status
CompleteFinished
Project Description
The project comprises of a residential building (2B + G + M + 8 Podiums + 43 + Roof). The building is the first of 3 buildings to be joined together at podium level but on three separate (and adjacent) plots with external and internal works
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,829/sqft
Last 12M:AED 2,765/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,765/sqft
Prior Year:AED 2,860/sqft
Community Compare: Last 90DDubai Marina
Premium+63%
Above AvgProject:AED 2,829/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
THE RESIDENCES AT MARINA GATE 1 averaged 7% liquidity over the last 12 months, which is considered low. 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
9 units
1 sold8 left
11%
Velocity
1 Bedroom
132 units
5 sold127 left
4%
Velocity
2 Bedrooms
160 units
15 sold145 left
9%
Velocity
3 Bedrooms
76 units
5 sold71 left
7%
Velocity
4 Bedrooms
20 units
1 sold19 left
5%
Velocity
5 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
16 units
0 sold16 left
0%
Velocity
Layouts & Units (415)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 9-17 | Inventory 9units Typically 1 parking ~5 sqm balcony | Size Range 536-545sqft | Price Range AED 900K - AED 1.6M | Avg PSF 2,126 | Sales 5 | Trend — | |
Asset Class 1 Bed FlatFloors 9-47 | Inventory 132units 7 layouts · Typically 1 parking 4-12 sqm balcony | Size Range 417-903sqft | Price Range AED 890K - AED 3.0M | Avg PSF 1,972 | Sales 90 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 9-47 | Inventory 160units 16 layouts · Typically 1 parking 10-42 sqm balcony | Size Range 628-2,310sqft | Price Range AED 1.6M - AED 5.0M | Avg PSF 1,786 | Sales 110 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 9-47 | Inventory 76units 8 layouts · Typically 2.1 parking 23-51 sqm balcony | Size Range 856-3,841sqft | Price Range AED 2.8M - AED 6.8M | Avg PSF 2,042 | Sales 50 | Trend — | |
Asset Class 4 Bed FlatPodium + Floors 26-50 | Inventory 20units 16 layouts · Typically 2.6 parking 28-97 sqm balcony | Size Range 1,176-5,348sqft | Price Range AED 3.2M - AED 12.5M | Avg PSF 1,990 | Sales 15 | Trend — | |
Asset Class 5 Bed FlatPodium | Inventory 2units 2 layouts · Typically 2 parking 55-66 sqm balcony | Size Range 5,348-5,480sqft | Price Range — | Avg PSF 1,757 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 52,916-52,916sqft | Price Range — | Avg PSF 3,000 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 16units 16 layouts · Typically 3.8 parking ~122 sqm balcony | Size Range 1,024-12,034sqft | Price Range AED 2.1M - AED 24.4M | Avg PSF 1,739 | Sales 16 | Trend — |
Grouped into 8 asset classes covering 415 units