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 · Amrak Real Estate and Select Group
18-storey residential building in Dubai Marina, completed in 2007. Developer — Amrak Real Estate and Select Group. Architect — Khatib & Alami.
Specifications for Yacht Bay per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Yacht Bay is an 18-storey residential building in Dubai Marina, completed in 2007.
The developer is Amrak Real Estate and Select Group. The architecture is by Khatib & Alami.
The building holds 174 apartments in total.
The database currently holds 2 lots in this project, from 1 200 000 AED.
Eighteen storeys and 174 residences in Dubai Marina, handed over in 2007. Our own lots span AED 1.2 million (~$330K) to AED 15.8 million (~$4.30M) — the widest spread for a single building in the district.
Yacht Bay is an 18-storey, 174-residence complex in Dubai Marina, completed in 2007. The developers were Amrak Real Estate and Select Group, with Khatib & Alami as designer.
Our own stock carries two listings priced at AED 1.2 million and AED 15.8 million. Areas aren't listed, so we can't give a price per square foot for either.
174 apartments over eighteen storeys works out to nearly ten per floor — a dense, low-rise building.
District benchmarks worth checking any offer against: the spread between Marina towers runs as high as 2.8 times.
| Tower | AED per ft² | Lots | Average area | Average price, million |
|---|---|---|---|---|
| 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.
Dubai Marina in our database is 266 lots, with a median of AED 3.7 million (~$1.0M) and an average price of AED 2,588 per square foot (~$705/ft²).
Our two Yacht Bay listings differ by a factor of thirteen. That's only possible if these are fundamentally different kinds of lots — a studio and a penthouse, or an apartment and a commercial unit.
For a buyer this is an important warning about how to read listings: "apartment in Yacht Bay from AED 1.2 million" and "Yacht Bay for AED 15.8 million" can both be true and refer to entirely different things.
Without the area, no comparison is possible at all. The first question for the seller is square footage and bedroom count — only then price.
propsearch building record: 18 storeys, 174 residences, developers Amrak Real Estate and Select Group, designer Khatib & Alami, handed over 2007. Our own stock as of 28 August 2026: 2 lots (prices), the district tower comparison, and the Dubai Marina median and average.
Amrak Real Estate and Select Group. The architecture is by Khatib & Alami.
18. The building has 174 apartments.
Yes. Yacht Bay was handed over in 2007 — 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 2 lots in this project, from 1 200 000 AED. The list changes daily — I will send a fresh selection for the building on request.
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.
Message me for the free layouts in Yacht Bay, the real entry price and what owners and tenants say — not the brochure copy.
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