Al Ghurair Residence 5 (Marco Polo)

P1 — Delivered Off-Plan Primary
Developer Tanmiyat Global Real Estate Development LLC
Community Living Legends
Property type Apartment
Data updated Mar 31, 2026

Al Ghurair Residence 5 (Marco Polo) is a Delivered development by Tanmiyat Global Real Estate Development LLC in Living Legends. 240 units across 1 Bedroom (49%), 2 Bedroom (27%), Studio (12%). Over the trailing 12 months, 314 sales at a median of AED 947,650.

Key Metrics
Median Price
Value
AED 947,650
Change
29.9% YoY
Transactions
Value
314
Change
100 in period
Price / sqft
Value
AED 1,017
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 947,650
↑ 29.9% YoY
Transactions
314
↑ 100 in period
Price / sqft
AED 1,017
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
26.9%
Community avg
Holding Period
Value
2.8 yrs
Community avg
Liquidity
Value
24.5%
Price Dispersion
Value
15.7%
Ready Market Mix
Value
66.7%
Rental Activity
Value
48.1%
Capital Return
26.9%
Community avg
Holding Period
2.8 yrs
Community avg
Liquidity
24.5%
Price Dispersion
15.7%
Ready Market Mix
66.7%
Rental Activity
48.1%

Rental Performance

Rental Volume
Value
174
Avg Annual Rent
Value
AED 91,028
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
174
Avg Annual Rent
AED 91,028
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
Studio 30 units · 12%
1 Bedroom 118 units · 49%
2 Bedroom 65 units · 27%
3 Bedroom 26 units · 11%
4 Bedroom 1 units · 0%

Transaction Breakdown

All time — 314 transactions
Off-Plan Primary
202
Off-Plan Secondary
53
Ready Primary
17
Ready Secondary
42

Price History

Median Price — Al Ghurair Residence 5 (Marco Polo)

Median prices in Al Ghurair Residence 5 (Marco Polo) have softened, declining 7% to AED 660K over the past 12 months.

Recent Transactions

Showing last 10 of 314
Date Type Price (AED) Size (sqft) AED/sqft
Mar 31, 2026 RP Secondary 925,000 855 1,081
Mar 17, 2026 RP Primary 595,000 855 695
Mar 12, 2026 RP Primary 660,000 992 664
Feb 25, 2026 RP Secondary 570,000 495 1,151
Feb 24, 2026 RP Secondary 935,000 787 1,187
Feb 12, 2026 RP Secondary 915,000 856 1,067
Feb 06, 2026 RP Secondary 1,600,000 1,434 1,115
Jan 28, 2026 RP Secondary 1,131,636 942 1,201
Jan 19, 2026 RP Primary 1,250,000 989 1,263
Jan 12, 2026 RP Secondary 1,600,000 1,425 1,122

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