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.
Dubai Marina · The First Group
82-storey hotel residence in Dubai Marina, completed in 2025. Developer — The First Group. Architect — Norr Group Consultants International Ltd.
Specifications for Ciel Vignette Collection per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Ciel Vignette Collection is an 82-storey hotel residence in Dubai Marina, completed in 2025.
The developer is The First Group. The architecture is by Norr Group Consultants International Ltd.
The building holds 1 042 apartments in total. Height — 374 metres.
The database currently holds 1 lot in this project, from 572 000 AED; 1 of them priced below the market, the deepest discount 20%.
Eighty-two storeys and 1,042 residences in Dubai Marina by The First Group, complete. Price per square foot on our lots runs around AED 5,731 (~$1,560/ft²) — double the district rate.
Ciel Vignette Collection is a hotel skyscraper in Dubai Marina developed by The First Group. 82 storeys, 1,042 residences, complete. The pool and dining are confirmed in the building record.
Vignette Collection is an IHG brand — a model that isn't unique to Dubai, since branded hotel-residence programmes run on the same logic in Miami, London and other major hotel markets. This matters for understanding the product: this is a hotel first and foremost, and the units for sale are hotel apartments, not ordinary residences.
Our four listings run from AED 572,000 (~$156K) to AED 3.1 million (~$844K), at a price per square foot around AED 5,731. The Dubai Marina average is AED 2,625, meaning the square foot here runs double the district rate.
The answer is the format. A hotel room is a compact area at a high price per foot: a low sticker price, a small footprint, and an expensive square foot. A lot at AED 572,000 in the Marina is possible precisely because of that.
Units like this can't be compared directly with district apartments. Their economics don't run on a rental rate you set yourself, but on the operator's management scheme and the hotel's occupancy.
A hotel apartment almost always comes with mandatory participation in a management programme: you receive a share of income under the operator's scheme and have limited freedom to use the unit yourself.
That leaves three questions to ask before any deposit: what the income-distribution scheme looks like, how many days a year the owner can occupy the unit themselves, and how an exit from the programme works on resale.
Liquidity for a product like this has its own logic: the buyer here is an investor pricing the hotel's yield, not someone choosing an apartment to live in.
propsearch building record (storeys, residence count, developer, stage, infrastructure) and our own stock as of 27 August 2026 (four lots, price per square foot for the building and for Dubai Marina).
The First Group. The architecture is by Norr Group Consultants International Ltd.
82. The building has 1 042 apartments, 374 m tall.
Yes. Ciel Vignette Collection was handed over in 2025 — it is ready housing you can live in or let straight after the deal.
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.
The database currently holds 1 lot in this project, from 572 000 AED; 1 of them priced below the market, the deepest discount 20%. Prices move every day, so it is worth asking for the current list for this building.
What has been written about the building, its developer and Dubai Marina
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.
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.
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.
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.
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.
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.
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.
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.
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.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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