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Project · Transactions · 2016

Marina Promenade Property Transactions 2016

52 property sales worth ⃃ 110.05M were registered in Marina Promenade in 2016, 8.8% lower than 2015 by number of sales. The median sale price was ⃃ 1,912,500 and the median price per square foot ⃃ 1,766 (−0.7% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 52 salesUpdated: 14 Nov 2026
Property sales
52
−8.8% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 110.05M
−17.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,912,500
−4.4% vs 2015
52 sales
Median price per sq ft
⃃ 1,766
−0.7% vs 2015
52 sales

What types of property sold in Marina Promenade in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments52100%⃃ 110.05M⃃ 1,912,500⃃ 1,766

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)59.6%⃃ 7.22M⃃ 1,487,888⃃ 1,124
Resale (secondary)4790.4%⃃ 102.83M⃃ 2,000,000⃃ 1,769
Ready52100%⃃ 110.05M⃃ 1,912,500⃃ 1,766

How many rental contracts were registered in Marina Promenade in 2016?

403 rental contracts (new and renewed) were registered in Marina Promenade in 2016, at a median annual rent of ⃃ 155,000 (−3.1% on 2015). Rental yields in Marina Promenade

What were the most expensive property sales in Marina Promenade in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/05/2016Paloma X33 beds · Apartment2,098 sq ft⃃ 3,950,000Resale · Ready
24/01/2016Beauport X12 beds · Apartment1,405 sq ft⃃ 3,550,000Resale · Ready
25/08/2016Delphine W33 beds · Apartment1,979 sq ft⃃ 3,500,000Resale · Ready
28/09/2016Shemara W23 beds · Apartment1,858 sq ft⃃ 3,400,000Resale · Ready
18/07/2016Attessa X22 beds · Apartment1,558 sq ft⃃ 3,150,000Resale · Ready
22/11/2016Aurora W12 beds · Apartment1,497 sq ft⃃ 3,075,000Resale · Ready
16/08/2016Beauport X12 beds · Apartment1,497 sq ft⃃ 3,000,000Resale · Ready
01/11/2016Paloma X32 beds · Apartment1,627 sq ft⃃ 2,900,000Resale · Ready
07/06/2016Aurora W12 beds · Apartment1,405 sq ft⃃ 2,850,000Resale · Ready
18/05/2016Beauport X12 beds · Apartment1,405 sq ft⃃ 2,840,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
26/12/2016Aurora W11 bed · Apartment953 sq ft⃃ 1,487,888Primary · Ready
19/12/2016Attessa X21 bed · Apartment1,031 sq ft⃃ 1,750,000Resale · Ready
15/12/2016Delphine W32 beds · Apartment1,331 sq ft⃃ 2,125,000Resale · Ready
15/12/2016Attessa X22 beds · Apartment1,553 sq ft⃃ 2,800,000Resale · Ready
24/11/2016Attessa X21 bed · Apartment955 sq ft⃃ 1,680,000Resale · Ready
22/11/2016Aurora W12 beds · Apartment1,497 sq ft⃃ 3,075,000Resale · Ready
21/11/2016Attessa X21 bed · Apartment1,031 sq ft⃃ 1,800,000Resale · Ready
06/11/2016Shemara W22 beds · Apartment1,410 sq ft⃃ 2,600,000Resale · Ready
01/11/2016Paloma X32 beds · Apartment1,627 sq ft⃃ 2,900,000Resale · Ready
31/10/2016Delphine W32 beds · Apartment1,366 sq ft⃃ 2,200,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/marina-promenade/2016
Marina Promenade Property Transactions 2016. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/marina-promenade/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Marina Promenade in 2016?
52 property sales worth ⃃ 110,048,552 were registered in Marina Promenade in 2016. That is 8.8% lower than 2015.
What was the median property price in Marina Promenade in 2016?
The median sale price was ⃃ 1,912,500 and the median price per square foot ⃃ 1,766 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Marina Promenade were off-plan or from developers?
Developer (primary) sales were 9.6% of the 52 sales and resales 90.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/marina-promenade/2016