Marina Residences - Sold Prices - Market Trends

Marina Residences - Sold Prices - Market Trends

Sold Prices and Market Trends at Marina Residences, Palm Jumeirah

Author Gareth Davies - Award Winning Broker and Property Consultant

The Marina Residences community has performed better than most of the other Palm Jumeirah buildings / communities during the past 12 months. 

The average growth of sold prices (AED/sq.ft) summary is: 

Past 12 months: 
Marina Residences:  22.3% growth
Palm Jumeirah:  10.09% growth

Past 6 months:
Marina Residences: 8.1% growth
Palm Jumeirah: 11.04% growth

Vacant on Transfer apartments are still achieving the top prices and are often 5% to 15% higher than identical leased apartments. 

Graph: Palm Jumeirah : Sold Price Growth

Source: Property Monitor

Graph: Marina Residences : Sold Price Growth

Source: PropertyMonitor.ae

SOLD PRICES

Source: PropertyMonitor.ae

Source: Dubai Land Department & Property Monitor

Source: Propertymonitor.ae and Dubai Land Department

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