Area
Pricing
Report
Date: 08 Mar 2025
Agent: Neville AnowMbah
Agency: Luxfolio Real Estate Brokers LLC
To: Neville
Location: 2 - 7 Beds in The Residences At Marina Gate,
Dubai Marina
January 2025 Market Snapshot
Property Monitor Dynamic Price Index
DPI Monthly Overview
Index MoM QoQ YoY Index Price
Month
Value Change Change Change (AED/sq ft)
-0.57%
Jan 2025 207.26 -0.57% 0.79% 15.64% 1,484 MoM Change
Dec 2024 208.45 0.88% 3.12% 16.52% 1,493
Nov 2024 206.63 0.48% 3.39% 16.42% 1,480
Oct 2024 205.64 1.73% 5.44% 17.19% 1,473 +0.79%
QoQ Change
Sep 2024 202.15 1.14% 4.92% 16.52% 1,448
Aug 2024 199.86 2.48% 5.24% 17.73% 1,431
Jul 2024 195.03 1.22% 3.4% 17.15% 1,397
Jun 2024 192.68 1.46% 4.15% 18.24% 1,380 +15.64%
YoY Change
May 2024 189.91 0.69% 5.09% 18.21% 1,360
Apr 2024 188.61 1.95% 5.23% 20.07% 1,351
Mar 2024 184.99 2.37% 3.41% 19.77% 1,325
AED 1,484
Feb 2024 180.72 0.83% 1.82% 17.29% 1,294 Average Property
Price Per SQ FT
Jan 2024 179.24 0.19% 2.14% 16.97% 1,284
Luxfolio Real Estate Brokers LLC | ORN# 23275
G024 Gold & Diamond Park Building 5, Al Quoz, Dubai
Evidence Sub location Beds Built-up Sales Price/
Recent date area / Plot price sq ft
The Residences at Marina Gate
Sales 25 Feb 2025
2
2 1,312 4,400,000 3,354
18 Feb 2025 Jumeirah Living Marina Gate 2 1,422 4,000,000 2,813
Recent sales represent The Residences at Marina Gate
transferred and officially 14 Feb 2025 2 1,470 4,650,000 3,163
1
recorded transactions by the
Dubai Land Department. 03 Feb 2025 Jumeirah Living Marina Gate 2 1,524 5,500,000 3,609
The Residences at Marina Gate
While the date for these 31 Jan 2025 3 1,809 6,000,000 3,317
2
records is always the final
transfer date, the actual The Residences at Marina Gate
31 Jan 2025 3 1,809 6,200,000 3,427
market that these prices 2
represent could vary. In most 21 Jan 2025 Jumeirah Living Marina Gate 2 1,422 3,600,000 2,532
cases, the time between
The Residences at Marina Gate
signed agreement (where 30 Dec 2024 2 1,210 3,750,000 3,099
2
price is established) and
transfer is only 30-45 days, The Residences at Marina Gate
25 Dec 2024 2 1,231 3,800,000 3,087
but in others it can be more 2
significant. This report offers
The Residences at Marina Gate
comparable market evidence 23 Dec 2024 2 1,231 3,375,000 2,742
2
and agent opinion, based on
transactional data the real The Residences at Marina Gate
18 Dec 2024 2 1,204 3,150,000 2,616
estate agent selected to 2
include in this report. 17 Dec 2024 Jumeirah Living Marina Gate 2 1,423 4,300,000 3,022
17 Dec 2024 Jumeirah Living Marina Gate 2 1,517 5,400,000 3,560
10 Dec 2024 Jumeirah Living Marina Gate 2 1,416 3,000,000 2,119
The Residences at Marina Gate
09 Dec 2024 3 1,958 5,400,000 2,758
1
The Residences at Marina Gate
06 Dec 2024 3 1,958 5,650,000 2,886
1
The Residences at Marina Gate
05 Dec 2024 3 1,633 5,800,000 3,552
2
The Residences at Marina Gate
05 Dec 2024 3 1,810 6,000,000 3,315
2
The Residences at Marina Gate
27 Nov 2024 3 1,809 6,600,000 3,648
2
The Residences at Marina Gate
27 Nov 2024 3 1,810 6,450,000 3,564
2
19 Nov 2024 Jumeirah Living Marina Gate 2 1,422 4,100,000 2,883
The Residences at Marina Gate
04 Nov 2024 3 1,809 6,350,000 3,510
2
31 Oct 2024 Jumeirah Living Marina Gate 2 1,422 3,750,000 2,637
The Residences at Marina Gate
17 Oct 2024 4 4,640 12,500,000 2,694
1
The Residences at Marina Gate
16 Oct 2024 4 3,744 11,500,000 3,072
1
# of Transactions Average Built-up Area Average Sales Price Average Price/ sq ft
25 1,761 5,409,000 3,079
Luxfolio Real Estate Brokers LLC | ORN# 23275
G024 Gold & Diamond Park Building 5, Al Quoz, Dubai
Evidence Sub location Beds Built-up Sales Price/
Pending date area / Plot price sq ft
22 Jul 2024 The Residences 3 1,957 5,850,000 2,989
Sales
# of MOU Average Built-up Area Average Sales Price Average Price/ sq ft
Property Monitor captures
market activity the moment
that pricing is established:
1 1,957 5,850,000 2,989
when the buyer and seller
agree on a price, i.e. a Sale
and Purchase Agreement is
signed.
This real-time data also
captures more data than
government transfers,
providing visibility not only
into specific sub-
communities and buildings,
but often into floor #, villa
type and views.
Evidence Sub location Beds Built-up Price Price/
Surveyor date area / Plot range sq ft
The Residences at
Valuations 01-31 Jan 2025
Marina Gate 1
2 1,396 3,454,500 - 3,572,100 2,475 - 2,456
The Residences at
01-31 Jan 2025 4 5,781 18,606,700 - 19,539,600 3,219 - 3,193
Valuations represent the Marina Gate 2
professional opinion of Jumeirah Living
achievable prices. All 01-31 Jan 2025 2 2,810 10,872,400 - 11,247,500 3,869 - 3,827
Marina Gate
valuations in Property Monitor
are issued by RICS accredited The Residences at
01-30 Sep 2024 3 1,958 5,609,370 - 5,809,440 2,865 - 2,855
professionals, and can be Marina Gate 1
viewed as the price banks are The Residences at
willing to lend against. 01-31 Aug 2024 2 1,325 3,414,810 - 3,538,320 2,577 - 2,537
Marina Gate 1
The Residences at
01-30 Jun 2024 3 1,811 5,711,260 - 5,943,840 3,154 - 3,123
Marina Gate 2
# of Valuations Average Built-up Area Average Sales Price Average Price/ sq ft
6 2,514 8,075,000 3,071
Luxfolio Real Estate Brokers LLC | ORN# 23275
G024 Gold & Diamond Park Building 5, Al Quoz, Dubai
Community Nearby
Overview Landmark
Distance
Dubai Marina is a waterfront development close to the Arabian Gulf
shoreline in Dubai. A 3.5 km canal in the center of the community offers
Schools
access to the sea at both ends. The development features high-rise
apartments and offices, as well as the 150,000 sq m Dubai Marina Mall 1. Emirates International School (Meadows) 2.4 km
complex which comprises Marina Mall, Address hotel, Marina Plaza 2. Icademy Middle East FZ.LLC 3.1 km
offices and the restaurants tower Pier 7. These are located adjacent to 3. Regent International Private School 3.5 km
Marina Walk, a 7 km long pedestrian walkway that lines the marina. 4. Dubai International Academy 3.9 km
Popular with expats, Dubai Marina is one of the most active areas in 5. Dubai British School 4.1 km
Dubai in terms of sales, leasing and mortgage transactions.
Clinics and Hospitals
Dubai Marina is an affluent residential neighborhood known for The
1. Dr. Nicolas and Asp Centre(Br Marina Walk) 0.1 km
Beach at JBR, a leisure complex with al fresco dining and sandy
2. Medcare Medical Center Jbr - Br- Medcare
stretches to relax on. Smart cafes and pop-up craft markets line 0.3 km
Hospital
waterside promenade Dubai Marina Walk, while Dubai Marina Mall is
3. Kaya Skin Care Clinic(Marina Branch) 0.4 km
packed with chain and luxury fashion brands. Upscale yachts cruise
4. Novomed Integrative Medicine Br Of Integrative
through the large man-made marina, where activities range from jet- 0.6 km
Health Investment L L C
skiing to skydiving.
5. Emirates Hospitals And Clinics Llc Branch 0.6 km
Shopping malls
1. Dubai Marina Mall 0.4 km
2. The Beach Mall 1.0 km
3. The Pavilion - Jumeirah Islands 2.0 km
4. Golden Mile Galleria 3.0 km
5. The Greens Souk 3.2 km
Dubai Al Maktoum
International International
Airport Airport
30 mins 31 mins
Luxfolio Real Estate Brokers LLC | ORN# 23275
G024 Gold & Diamond Park Building 5, Al Quoz, Dubai
About Luxfolio Real Estate Brokers LLC
LUXFolio Real Estate looks at real estate from a more creative perspective, offering a modernised service & approach to all of your
real estate needs. Our services include buying, selling, renting & leasing. We provide a world class service that knows no limits & can
service your property anywhere in Dubai. At LUXFolio Real Estate you don’t simply represent another buyer in the market, you are a
priority, and part of a highly successful team.
We offer an approachable service, managing the process effectively through to a successful transfer.
Luxfolio Real Estate Brokers LLC
ORN 23275
Tel +971 4 335 6007
luxfoliorealestate.ae
About Property Monitor
Property Monitor is the region's leading real estate intelligence platform and the only data source powered by RICS-accredited
professionals, bringing unprecedented transparency and accuracy to local property markets. Through Property Monitor, market
stakeholders can directly access real-time, transparent and accurate intelligence, unmatched anywhere else in the region. The
platform empowers investors, property specialists and banking professionals with authoritative data, analytics and insights that closely
correlate with market movements, empowering confident and informed property-related decisions. As of 2022, we are proud to
officially be part of the Cavendish Maxwell group of companies.
This report offers comparable market evidence and agent opinion, based on transactional data the real estate agent
selected to represent in this report.
Disclaimer
The data and any related materials contained therein are provided (read more)
Luxfolio Real Estate Brokers LLC | ORN# 23275
G024 Gold & Diamond Park Building 5, Al Quoz, Dubai
