PropertyIndex

Marsa Plaza - Core 5

In Progress · Date not reported

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Marsa Plaza - Core 5 is an in-progress apartment development in Festival City, Al Kheeran. 2 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,509 per sqft. At AED 1,509 per sqft, Marsa Plaza - Core 5 prices 1% below the Festival City average of AED 1,525 per sqft on registered sales.

PIX© price
5.25MAED
Typical
1,509AED
PSF
Gross yield
2.9%
PIX© rent ÷ PIX© price
Sale records
2
DLD · all time
Rent contracts
264
Ejari · all time
Marsa Plaza - Core 5

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
5.25M1,509153K2.9%
Residential
2 Bed · Hotel Apartment
2,141 sqft
3 Bed · Hotel Apartment
4 Bed · Hotel Apartment
5,822 sqft
Commercial
Shop
Sales — Project-Wide2 DLD records
PIX© price analysis
All time
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
15 Jun 20144 BedFloor 175,8226,400,0001,099StandardStandard Sale
11 Mar 20142 BedFloor 142,1414,105,2001,918StandardStandard Sale
Rentals — Project-Wide264 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
1 Apr 2025Floor 142,141150,00070+0.3%Standardnew
1 Aug 2023Floor G6,787398,517Standardnew
1 Apr 2023Floor 142,141149,59070+8.4%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 5

Answered from Dubai Land Department registered transactions.

How much does a property in Marsa Plaza - Core 5 cost?

Property in Marsa Plaza - Core 5 sells at a current PIX© price of AED 1,509 per sqft, or about AED 5,252,600 for a typical unit, based on 2 sales registered with the Dubai Land Department.

When is Marsa Plaza - Core 5 handing over?

Marsa Plaza - Core 5 is under construction.

What is the rental yield in Marsa Plaza - Core 5?

Marsa Plaza - Core 5 yields 2.9% gross, calculated from current PIX© rent against current PIX© sale price, across 264 registered Ejari contracts.