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5242

Project

EMAAR DEVELOPMENT P.J.S.C.

Project typeBuildings

Master developerاعمار العقارية (ش . م. ع)

Escrow agentبنك دبي الاسلامي (شركة مساهمة عامة)

StatusFinished

Completed100%

Start2016-10-07

Handover2020-09-05

Buildings3

Shop7

Residential and retail project in Marsa Dubai area, proposed to be two towers with common G+5P with 52 units tower 1 G+50F+R having 264 units tower 2 G+37F+R having 170 units made of concrete structure with internal and external finishes.

Buildings

5242 1

Floors52

Parking379

5242 2

Floors38

Parking245

5242 3

Floors2

Shop7

Parking20

Apartments

1 B/R136

2 B/R250

3 B/R92

4 B/R8

Shop

Shop7

Official sales

Sales from 2016–2026

Number of sale deals858

Apartment858

Median sale price2,250,000 AED

Median price per sqft1,959 AED

1 B/R227

Median sale price1,356,888 AED

Median price per sqft1,945 AED

2 B/R446

Median sale price2,263,388 AED

Median price per sqft1,966 AED

3 B/R170

Median sale price3,517,388 AED

Median price per sqft1,973 AED

4 B/R15

Median sale price6,594,888 AED

Median price per sqft1,860 AED

Official rent

Rent from 2021–2026

Number of rent contracts1,215

Apartment1,193

1 bedroom338

Median year rent123,019 AED

2 bedrooms636

Median year rent175,000 AED

3 bedrooms211

Median year rent280,000 AED

4 bedrooms8

Median year rent568,750 AED

Shop12

other7

Health club2

Supermarket1