THE RESIDENCES AT MARINA GATE 2
ResaleDeveloperSELECT GLOBAL DEVELOPMENT L.L.C
CommunityDubai Marina
AreaMarsa Dubai
Started
11 years 8 months ago01-05-2014
Handover
6 years 11 months ago24-02-2019
Status
CompleteFinished
Project Description
Residential tower located in Dubai Marina consisting of 2B + G + M + 8P + 56 + R. with external and internal finishes
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-5%
DeclineCurrent:AED 2,874/sqft
Last 12M:AED 3,024/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 3,024/sqft
Prior Year:AED 3,033/sqft
Community Compare: Last 90DDubai Marina
Premium+66%
Above AvgProject:AED 2,874/sqft
Community:AED 1,731/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
53Sold (Last 12M)
Supply & Demand Matrix
THE RESIDENCES AT MARINA GATE 2 averaged 10% 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
1 Bedroom
232 units
29 sold203 left
13%
Velocity
2 Bedrooms
178 units
9 sold169 left
5%
Velocity
3 Bedrooms
96 units
15 sold81 left
16%
Velocity
4 Bedrooms
12 units
0 sold12 left
0%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
15 units
0 sold15 left
0%
Velocity
Layouts & Units (535)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatFloors 9-60 | Inventory 232units 29 layouts · Typically 1 parking 4-11 sqm balcony | Size Range 309-849sqft | Price Range AED 30K - AED 3.3M | Avg PSF 2,095 | Sales 161 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 9-60 | Inventory 178units 29 layouts · Typically 1.1 parking 8-47 sqm balcony | Size Range 614-2,485sqft | Price Range AED 1.8M - AED 8.4M | Avg PSF 2,035 | Sales 107 | Trend — | |
Asset Class 3 Bed FlatFloors 9-60 | Inventory 96units 17 layouts · Typically 2.1 parking 20-25 sqm balcony | Size Range 817-2,263sqft | Price Range AED 2.1M - AED 10.2M | Avg PSF 2,237 | Sales 91 | Trend — | |
Asset Class 4 Bed FlatPodium + Floors 61-64 | Inventory 12units 12 layouts · Typically 2.7 parking 43-247 sqm balcony | Size Range 3,985-11,663sqft | Price Range AED 10.0M - AED 38.0M | Avg PSF 2,203 | Sales 9 | Trend — | |
Asset Class 5 Bed FlatPodium | Inventory 1units Typically 3 parking ~69 sqm balcony | Size Range 5,026-5,117sqft | Price Range — | Avg PSF 1,930 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 61,755-61,755sqft | Price Range — | Avg PSF 3,500 | Sales 0 | Trend — | |
Asset Class 49 Bed GymnasiumPodium | Inventory 1units Typically 16 parking ~211 sqm balcony | Size Range 15,041-15,041sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Gymnasium | Inventory 0units | Size Range 15,041-15,041sqft | Price Range AED 30.5M - AED 30.5M | Avg PSF 1,125 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 15units 15 layouts · Typically 4.1 parking | Size Range 1,272-7,266sqft | Price Range AED 2.6M - AED 14.8M | Avg PSF 1,165 | Sales 15 | Trend — |
Grouped into 9 asset classes covering 535 units