The Summit

435 units · 1 tower

The Summit is a development in Dubai Marina, comprising 435 registered units. 6 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,003 per sqft. At AED 1,003 per sqft, The Summit prices 62% below the Dubai Marina median of AED 2,669 per sqft on registered sales.

PIX© price

1.39MAED

Typical

1,003AED

PSF

Gross yield

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationDubai Marina

Drive times · typical

Downtown Dubai20 min · 22.1 km

DXB Airport23 min · 31.8 km

DIFC21 min · 24.1 km

Dubai Marina8 min · 2.5 km

Palm Jumeirah13 min · 7.7 km

Nearest · straight-line

Metro stationAl Fardan Metro Station Landside0.6 km

MallMarinascape Mall0.8 km

SchoolStacy Smith Voice Vocal Coach and Artist Development for Singers0.2 km

HospitalSerenity Clinic Dubai0.3 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 14

…

Select a unit to read its record.

The Summit1,003AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 465 - 2,253 sqft	435	1.39M	1,003	-
Residential
Studio · Apartment 465 - 673 sqft	21	-	-	-	-
1 Bed · Apartment 680 - 1,632 sqft	118	-	-	-
3 Bed · Apartment 1,448 - 2,050 sqft	93	-	-	-
4 Bed · Apartment 1,883 - 2,253 sqft	34	-	-	-
Commercial
Office 852 - 1,387 sqft	169	-	-	-

No rental contracts registered - the project has not handed over.

Sales - Project-Wide6 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
29 Sep 2015	—	—	The Summit · Floor 14	908	688,000	758	-	Standard	Off-Plan Sale
30 Nov 2014	—	4 Bed	The Summit · Floor 35	2,253	1,802,320	800	-	Standard	Off-Plan Sale
17 Jul 2014	—	3 Bed	The Summit · Floor 21	1,730	1,815,975	1,050	-	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

This project

—

Compared with

Ciel Tower

PIX© PSF

—

Rank

—

#1 of 22

Typical price

—

Yield

—

Units

—

2,627

Sales

—

1,119

Rents

—

Developer

—

TFG CORPORATE HOLDINGS LIMITED

Handover

—

Completed

Project	Units	Sales	Rents
Ciel Tower TFG CORPORATE HOLDINGS LIMITED · Completed · Off-plan pricing	2,627	1,119	2
The Residences Al Habtoor Grand AL HABTOOR CITY REAL ESTATE DEVELOPMENT (BR. OF DUBAI NATIONAL INVESTMENT CO L.L.C) · U/C · Off-plan pricing	297	60	34
Six Senses Residences SELECT GLOBAL DEVELOPMENT L.L.C · U/C · Off-plan pricing	251	172	—
TFG One Hotel TFG CORPORATE HOLDINGS LIMITED · Completed · Off-plan pricing	469	12	—
Rove Home Dubai Marina IRTH ELITE DEVELOPMENT L.L.C · U/C · Off-plan pricing	682	665	—
Residences Du Port PRIME MARINA PROPERTY DEVELOPERS L.L.C · U/C · Off-plan pricing	80	71	7
LIV Marina L I V REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	244	106	118
Pelagos by IGO DIGO REAL ESTATE DEVELOPMENT (BR OF INVEST GROUP OVERSEAS (L L C) ) · U/C · Off-plan pricing	296	276	—
Marina Star CONDOR REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	252	122	91
Vida Residences Dubai Marina EMAAR · Completed · Off-plan pricing	394	113	534
Liv Lux MARINA LIV DEVELOPMENT (BR OF MARINA 2 GROUP LIMITED ) - DUBAI BRANCH · U/C · Off-plan pricing	229	249	—

Community median 2,669 AED/sqft. Showing the closest-ranked peers of 22 ranked projects in the community. 14 community projects excluded for insufficient recorded sales. 64 excluded for trading only in the ready market. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Pier 8AED 800/sqft
Escan TowerAED 1,269/sqft
Marina 101AED 1,271/sqft

Common questions about The Summit

Answered from Dubai Land Department registered transactions.

How much does a property in The Summit cost?

Property in The Summit sells at a current PIX© price of AED 1,003 per sqft, or about AED 1,389,221 for a typical unit, based on 6 sales registered with the Dubai Land Department.

How many units are in The Summit?

The Summit holds 435 registered units, per the Dubai Land Department unit register.