Marina Residences 1

P1 — Delivered Ready Secondary
Developer Nakheel PJSC
Community Palm Jumeirah
Property type Apartment
Data updated Mar 12, 2026

Marina Residences 1 is a Delivered development by Nakheel PJSC in Palm Jumeirah. 162 units across 2 Bedroom (67%), 3 Bedroom (30%), 4 Bedroom (2%). Over the trailing 12 months, 374 sales at a median of AED 3,900,000.

Key Metrics
Median Price
Value
AED 3,900,000
Change
3.7% YoY
Transactions
Value
374
Change
15 in period
Price / sqft
Value
AED 1,951
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,900,000
↓ 3.7% YoY
Transactions
374
↑ 15 in period
Price / sqft
AED 1,951
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
2.6%
Holding Period
Value
5.8 yrs
Liquidity
Value
9.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
31.3%
Capital Return
2.6%
Holding Period
5.8 yrs
Liquidity
9.2%
Ready Market Mix
0.0%
Rental Activity
31.3%

Rental Performance

Rental Volume
Value
1,170
Avg Annual Rent
Value
AED 176,378
New Leases
Value
58.9%
Renewals
Value
41.1%
Rental Volume
1,170
Avg Annual Rent
AED 176,378
New Leases
58.9%
Renewals
41.1%

Unit Mix

By bedroom type
2 Bedroom 108 units · 67%
3 Bedroom 49 units · 30%
4 Bedroom 4 units · 2%
5 Bedroom 1 units · 1%

Transaction Breakdown

All time — 374 transactions
Ready Primary
164
Ready Secondary
210

Price History

Median Price — Marina Residences 1

Median prices in Marina Residences 1 have softened, declining 10% to AED 4.0M over the past 8 months.

Recent Transactions

Showing last 10 of 374
Date Type Price (AED) Size (sqft) AED/sqft
Mar 12, 2026 RP Secondary 3,850,000 2,045 1,882
Mar 10, 2026 RP Secondary 4,175,000 1,778 2,348
Feb 18, 2026 RP Secondary 3,200,000 1,778 1,799
Nov 28, 2025 RP Secondary 11,375,000 4,053 2,806
Nov 12, 2025 RP Secondary 3,200,000 1,778 1,799
Nov 07, 2025 RP Secondary 3,850,000 2,045 1,881
Oct 31, 2025 RP Secondary 4,950,000 1,857 2,664
Oct 31, 2025 RP Secondary 4,550,000 2,019 2,253
Jul 04, 2025 RP Secondary 3,650,000 1,870 1,951
Jul 01, 2025 RP Secondary 3,950,000 2,045 1,931

This project is in Palm Jumeirah

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