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Marina Place 1

by MINA RASHID PROPERTIES L.L.C·MADINAT DUBAI ALMELAHEYAHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⏳ Not Started

Construction Progress0.0%

Project Start

Apr 24, 2025

Expected Handover

N/A

Official Status

NOT_STARTED

Total Units

162

Avg Unit Size

1110 sqft

Freehold Ratio

100%

Escrow Agent

Emirates NBD (ENBD)

Median Price

AED 3.12M

PSF

AED 2,759/sqft

Sales 12M

vs Area

+21.2%

Asset Turnover

ⓘ

0.0%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

162

Avg Unit Size

1110 sqft

3BR

9.3%

2BR

42.6%

1BR

48.1%

Room Configuration

Unit Type	Count	Share
1BR	78	48.1%
2BR	69	42.6%
3BR	15	9.3%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	48.1% 78 units	100.0% 1 sold	2.08	⚠️ STAGNANT
2BR	42.6% 69 units	0.0% 0 sold	—	🚫 GHOST UNIT
3BR	9.3% 15 units	0.0% 0 sold	—	⚠️ STAGNANT

Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
4 Sep 2026	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.24M	AED 2,738/sqft	Off-plan	Freehold
15 May 2025	MADINAT DUBAI ALMELAHEYAH	3BR	AED 9.06M	AED 3,417/sqft	Off-plan	Freehold
13 May 2025	MADINAT DUBAI ALMELAHEYAH	3BR	AED 9.06M	AED 3,417/sqft	Off-plan	Freehold
23 Apr 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 4.91M	AED 3,697/sqft	Off-plan	Freehold
7 Apr 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.13M	AED 2,440/sqft	Off-plan	Freehold
7 Apr 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.09M	AED 2,601/sqft	Off-plan	Freehold
7 Apr 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.31M	AED 1,991/sqft	Off-plan	Freehold
26 Mar 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.24M	AED 2,532/sqft	Off-plan	Freehold
11 Mar 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.08M	AED 2,647/sqft	Off-plan	Freehold
6 Mar 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.24M	AED 2,738/sqft	Off-plan	Freehold
3 Mar 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.24M	AED 2,317/sqft	Off-plan	Freehold
3 Mar 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.09M	AED 2,601/sqft	Off-plan	Freehold
26 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.74M	AED 3,212/sqft	Off-plan	Freehold
26 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.21M	AED 2,508/sqft	Off-plan	Freehold
25 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.12M	AED 2,401/sqft	Off-plan	Freehold
25 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.18M	AED 2,664/sqft	Off-plan	Freehold
25 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.15M	AED 2,390/sqft	Off-plan	Freehold
25 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.15M	AED 2,704/sqft	Off-plan	Freehold
25 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 4.37M	AED 3,753/sqft	Off-plan	Freehold
20 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.13M	AED 2,657/sqft	Off-plan	Freehold
19 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.13M	AED 2,657/sqft	Off-plan	Freehold
19 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.42M	AED 2,938/sqft	Off-plan	Freehold
19 Feb 2025	MADINAT DUBAI ALMELAHEYAH	2BR	AED 3.12M	AED 2,406/sqft	Off-plan	Freehold
17 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.10M	AED 2,622/sqft	Off-plan	Freehold
12 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.09M	AED 2,611/sqft	Off-plan	Freehold
12 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.10M	AED 2,622/sqft	Off-plan	Freehold
12 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.14M	AED 2,622/sqft	Off-plan	Freehold
12 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.10M	AED 2,617/sqft	Off-plan	Freehold
11 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.11M	AED 2,581/sqft	Off-plan	Freehold
11 Feb 2025	MADINAT DUBAI ALMELAHEYAH	1BR	AED 2.36M	AED 2,890/sqft	Off-plan	Freehold