PropertyIndex

Marsa Plaza - Core 1

In Progress · Date not reported

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Marsa Plaza - Core 1 is an in-progress apartment development in Festival City, Al Kheeran. 103 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,822 per sqft. At AED 1,822 per sqft, Marsa Plaza - Core 1 prices 19% above the Festival City average of AED 1,525 per sqft on registered sales.

PIX© price · 2.6% YoY
3.96MAED
Typical
1,822AED
PSF
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
103
DLD · all time
Rent contracts
566
Ejari · all time
Marsa Plaza - Core 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
3.96M1,8222.6%186K4.7%
Residential
2 Bed · Apartment
1,651 – 2,275 sqft
3 Bed · Apartment
2,189 – 4,427 sqft
4 Bed · Apartment
3,754 – 5,665 sqft
Commercial
Shop
Sales — Project-Wide103 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 Jul 20263 BedFloor 172,2864,000,0001,750+30.6%StandardStandard Sale
10 Jun 20262 BedFloor 51,6623,100,0001,865StandardPayment Plan Sale
23 Mar 20263 BedFloor 214,1047,608,0001,854StandardStandard Sale
Rentals — Project-Wide566 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 71 rentals
Floors 1-11 · 40 rentals
Floors 12-23 · 31 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20263 BedFloor 204,032250,00062+24.0%Standardnew
18 Jul 20262 BedFloor 131,715155,000900.0%Standardrenewal
3 Jul 20262 BedFloor 91,695154,00091-0.9%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Festival City

The closest-priced registered projects in Festival City.

Common questions about Marsa Plaza - Core 1

Answered from Dubai Land Department registered transactions.

How much does a property in Marsa Plaza - Core 1 cost?

Property in Marsa Plaza - Core 1 sells at a current PIX© price of AED 1,822 per sqft, or about AED 3,955,097 for a typical unit, based on 103 sales registered with the Dubai Land Department.

When is Marsa Plaza - Core 1 handing over?

Marsa Plaza - Core 1 is under construction.

What is the rental yield in Marsa Plaza - Core 1?

Marsa Plaza - Core 1 yields 4.7% gross, calculated from current PIX© rent against current PIX© sale price, across 566 registered Ejari contracts.

Have prices in Marsa Plaza - Core 1 gone up or down?

Price per sqft has risen +2.6% over the last 12 months, to AED 1,822, across 103 registered sales.