Vida Residences +117%: what the Dubai Marina project statistics actually show
The largest developer’s return to Dubai Marina prompted a look at its earlier projects there. The valuable number in that statistic is not the growth percentage.
Al Majara 5
Dubai Marina
Project factsheet
Storeys 10
Status Completed
District Dubai Marina
About the building
10-storey residential building in Dubai Marina.
Specifications for Al Majara 5 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Al Majara 5 is a 10-storey residential building in Dubai Marina.
The database currently holds 1 lot in this project, from 1 800 000 AED.
Ten storeys in the Al Majara complex in Dubai Marina, handed over. AED 1,944 per square foot (~$530/ft²) on a lot of around 926 square feet.
What it is
Al Majara 5 is a building within the Al Majara residential complex in Dubai Marina, 10 storeys, status "complete".
Our own stock carries a lot of around 926 square feet at AED 1.8 million (~$490K), AED 1,944 per square foot.
The Al Majara complex as a whole is recorded separately in our database: six listings there average 1365 square feet at AED 2,583 per square foot.
Price per square foot by district tower
Al Majara runs AED 2,583 per square foot (~$705/ft²) across the whole sample, and building 5 alone runs AED 1,944 — a 25% gap within the same complex.
| Tower | AED / ft² | Lots | Avg. size | Avg. price, AED m |
|---|---|---|---|---|
| Six Senses Residences | 7000 | 3 | 13,788 ft² | 85.67 |
| Vida Residences | 3685 | 4 | 1882 ft² | 6.85 |
| LIV Marina | 3534 | 6 | 1527 ft² | 5.43 |
| Marina Shores | 3301 | 11 | 1201 ft² | 3.85 |
| Marina Gate | 3284 | 5 | 1875 ft² | 6.00 |
| Stella Maris | 2874 | 3 | 3066 ft² | 9.06 |
| LIV Residence | 2626 | 3 | 1764 ft² | 4.63 |
| Al Majara | 2583 | 6 | 1365 ft² | 3.52 |
| Dubai Marina Towers | 2427 | 11 | 2424 ft² | 5.78 |
| Damac Heights | 2351 | 6 | 1761 ft² | 3.96 |
| Cayan Tower | 2325 | 3 | 3549 ft² | 7.67 |
| Marina Promenade | 2272 | 6 | 1748 ft² | 3.86 |
| Princess Tower | 1958 | 4 | 1952 ft² | 3.91 |
| Dorra Bay | 1685 | 3 | 1867 ft² | 3.11 |
| Emirates Crown | 1414 | 6 | 3469 ft² | 4.87 |
| Marina Crown | 1412 | 6 | 2739 ft² | 3.89 |
| Al Seef Tower | 1377 | 7 | 3553 ft² | 4.89 |
| Horizon Tower | 1327 | 3 | 2499 ft² | 3.32 |
Our own stock as of 28 August 2026, towers with three or more lots and a known area. District average — AED 2,588/ft², median lot AED 3.7 million out of 266 lots.
The complex and the building — different numbers
Dubai Marina in our database is 266 lots, median AED 3.7 million at an average price of AED 2,588 per square foot.
The 25% gap between the Al Majara sample overall and building 5 comes down to the mix of lots: building 5's listings are more compact, while the wider sample skews larger.
This is a recurring pattern — we've seen it in Bora Bora, in Riverside Crescent, in Palm Beach Towers. The complex name in a listing says nothing about the building or the price.
The rule is simple: check the building number and the floor area. The complex-wide average is useful only for a sense of the price range, not for valuing a specific lot.
propsearch building record: 10 storeys, status "complete". Our own stock as of 28 August 2026: the building's lot and the Al Majara complex sample (sizes, prices, price per square foot), the district tower breakdown, and the Dubai Marina median and average.
Where it is
Frequently asked about Al Majara 5
How many floors does Al Majara 5 have?
10.
Where is Al Majara 5?
Dubai Marina. The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
How much does an apartment in Al Majara 5 cost?
The database currently holds 1 lot in this project, from 1 800 000 AED. The list changes daily — I will send a fresh selection for the building on request.
In the news
What has been written about the building, its developer and Dubai Marina
Dubai Marina: five of the ten tallest residential buildings in the world
A district designed from nothing on a Vancouver waterfront model, built between 2003 and 2008. The numbers behind it, and what a fully man-made location tells you about how value is created in Dubai.
Orra Real Estate Development: JLT or the Marina, two districts a road apart
A developer with buildings on both sides of Sheikh Zayed Road. The two districts look interchangeable on a map and behave differently — here is what the price gap actually buys.
Halcon Real Estate: how to spot a building where nobody is in charge
A Dubai Marina tower from 2011. In buildings owned mostly by absent investors, decisions stop being made — and the symptoms are visible in an afternoon if you know them.
Condor Group: buying a just-finished flat from someone who never lived in it
A Dubai Marina tower completed in 2023. Much of the stock in a newly delivered building is sold on by off-plan investors — and buying from one is its own transaction.
Scope Investment: a 2022 tower, and the first wave of resales
A Dubai Marina tower completed a few years ago. Buildings at this age go through a predictable event that shapes their prices — and it is a buying opportunity if you can see it.
ABA Real Estate Development: building on the last plots of a finished district
A tall branded tower under construction in Dubai Marina. Infill development in a built-out district has a particular economics — for the buyer and for the neighbours.
ETA Star: an engineering group that built apartments
The property arm of a large regional engineering and contracting group, with towers in the Marina and on the Palm. What an engineering parent means in a delivered building.
32Group: how to value a Marina tower nobody has heard of
A smaller developer with a mid-2000s Dubai Marina building. Most towers are not landmarks, and valuing an ordinary one is a different exercise — here is how it works.
Where this project stands today
Message me for the free layouts in Al Majara 5, the real entry price and what owners and tenants say — not the brochure copy.
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