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Marina 101

Damac Properties

Dubai Marina

Marina 101 tower, Dubai Marina: the completed tower with its pointed crown, photographed in February 2020 (crop of a skyline photo) Photo: Norlando Pobre

Height
425 m
Floors
101
Units
488
Status
Completed
DLD No.
357
Project
DP-0010

Overview

Marina 101 is a 101-storey tower in Dubai Marina, about 425 m tall, which makes it one of the tallest buildings in Dubai after Burj Khalifa. The Dubai Land Department (DLD) project record shows project no. 357, registered in November 2008, with Sheffield Holdings Limited as the registered developer. Construction started in April 2008 and the original registered completion date was June 2018, but work slowed and stalled when the developer ran into financial trouble, after which lenders and the regulator RERA stepped in. The tower is mixed use: the lower floors were planned as a hotel (the 2016 plan was a Hard Rock Hotel on floors 1-33) and the upper floors as serviced one- to three-bedroom apartments and a few penthouses. The DLD record counts about 488 units, while other sources give different totals; the differences are listed in the data section. The last inspection on record at DLD (February 2018) shows 97% progress, and Gulf News reported in December 2024 that about 3% of work and the building completion certificate were still pending, so handover is recorded as unknown rather than confirmed. Before deciding, a buyer should ask for the completion certificate, the hotel position and the service charge from official documents; no published service charge was found for this page. This text is not investment advice and promises no return.

Timeline

  1. Completion certificate still pending (about 3% of work left) Gulf News
  2. RERA says the tower is close to completion The National
  3. Original registered completion date (not met) Planned Dubai Land Department — Project Status
  4. Last DLD inspection on record: 97% complete Dubai Land Department — Project Status
  5. Project registered with DLD (no. 357) Dubai Land Department — Project Status
  6. Construction started (registered start date) Dubai Land Department — Project Status
Project type
Residential · Hotel
Sources differ
Construction status
Completed
Sources differ
Progress
97%
2 sources
Construction start
Apr 2008
Sources differ
Completion
Jun 2018
1 source
Actual handover
Not stated
DLD project number
357
1 source
DLD registration date
8 Nov 2008
1 source
Project ID
DP-0010

Building and units

Height
425 m
Sources differ
Floors
101
Sources differ
Blocks
1
2 sources
Total units
488
Sources differ
Parking spaces
665
1 source
Developer
Damac Properties
Sources differ
Consultant
National Engineering Bureau (architect and structural engineer)
1 source
  • National Engineering Bureau (architect and structural engineer) · CTBUH
Main contractor
TAV Construction
2 sources
Height against other projects here
425 m
Marina 101
392 m
307 m

Heights as reported by sources, not checked against an official record.

Show as a table
ProjectHeightFloors
Marina 101425 m101 floors
Princess Tower414 m101 floors
23 Marina392 m88 floors
Ciel Dubai Marina (Ciel Tower)377 m82 floors
Cayan Tower307 m75 floors

Unit types and sizes

Each row keeps its own source. The bar shows where the size range sits among this project's units.

Type Units Size Source
Studio (serviced apartment) Not stated 899 – 904 sq ft Property Finder Data to 8 Nov 2026
1 bedroom Not stated 896 – 968 sq ft Property Finder Data to 8 Nov 2026
2 bedroom Not stated 1,199 – 1,750 sq ft Property Finder Data to 8 Nov 2026
3 bedroom Not stated 2,603 – 2,654 sq ft Property Finder Data to 8 Nov 2026
Duplex penthouse 6 Not stated Wikipedia Data to 8 Nov 2026
Hotel rooms (Hard Rock Hotel plan, floors 1-33) 288 Not stated Hospitality Net Data to 28 Jul 2016

In the building

Worth knowing

Developer
Damac Properties Wikipedia
Use
Hotel and branded residences in one tower Wikipedia
Height
About 425 m, 101 floors Wikipedia
Completed
2017 Wikipedia
Location
Dubai Marina Wikipedia
Handover status
Unknown Gulf News
Developer conflict
DLD: Sheffield Holdings Limited; CTBUH: Emaar Properties Dubai Land Department — Project Status
Escrow agent
Emirates Islamic Bank P.J.S.C. (per DLD record) Dubai Land Department — Project Status
Lenders
Bank of Baroda (lead lender and escrow trustee in press), Indian Overseas Bank, Bank of India The National
Why the build stalled
Developer ran out of funds (reported 2019); banks sought a new developer; RERA later intervened The National
Hotel plan
Hard Rock Hotel announced for floors 1-33 (2016); Gulf News (Dec 2024) says the hotel was sold at auction and may be redone Gulf News
Service charge
None found: not published; the owners association is to set it after handover (Aigents); no Marina 101 figure in agency guides or the DLD index Aigents Realty
Maintenance cost
Included in the service charge (no separate figure published) Aigents Realty
1-year and multi-year price change
None: no source gives a like-for-like building series (checked Aigents, Propsearch, Property Finder, DLD open data) Aigents Realty
Architect / structural engineer
National Engineering Bureau; interior design: Design Work Portfolio Wikipedia
Lifts
29 Wikipedia

Prices and rents

Recorded sales

Figures sources attribute to recorded deals. Not checked against DLD yet.

Figure Value Property type Period Source
Average sale price AED 4,985,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Median sale price AED 1,560,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Median price per sq ft AED 1,286.16 / sq ft All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Lowest recorded price AED 950,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Highest recorded price AED 20,000,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Number of sales 7 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Total sales volume AED 34.9M All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Price change over one year Not stated
Price change over several years Not stated

Asking prices

What sellers ask in adverts. Kept apart from deals because an asking price is not a sale.

Figure Value Property type Period Source
Median asking price per sq ft AED 1,267 / sq ft Residential Nov 2026 – Nov 2026 Property Finder Data to 8 Nov 2026
Lowest asking price AED 999,000 Residential Nov 2026 – Nov 2026 Property Finder Data to 8 Nov 2026
Highest asking price AED 7,000,000 Residential Nov 2026 – Nov 2026 Property Finder Data to 8 Nov 2026
Sale adverts 60 Residential Nov 2026 – Nov 2026 Property Finder Data to 8 Nov 2026
Rent adverts 130 Residential Nov 2026 – Nov 2026 Property Finder Data to 8 Nov 2026

Rents

Figure Value Property type Period Source
Annual rent AED 78,000 All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Annual rent per sq ft AED 87.31 / sq ft All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026
Number of rent contracts 5 All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 8 Nov 2026

Individual deals on record

Grants and mortgages are shown for context and are not counted as market prices.

DateDealAmountSizePer sq ftSource
3 Nov 2026 Sale AED 950,000 904 sq ft 1,051 Dubai Land Department — Open Data
3 Nov 2026 Sale AED 20,000,000 11,433 sq ft 1,749 Dubai Land Department — Open Data
3 Nov 2026 Sale AED 5,000,000 10,825 sq ft 462 Dubai Land Department — Open Data
3 Nov 2026 Sale AED 5,000,000 10,830 sq ft 462 Dubai Land Department — Open Data
13 May 2026 Sale AED 1,160,000 902 sq ft 1,286 Dubai Land Department — Open Data
13 May 2026 Sale AED 1,225,000 902 sq ft 1,358 Dubai Land Department — Open Data
13 May 2026 Sale AED 1,560,000 1,212 sq ft 1,287 Dubai Land Department — Open Data

Rent contracts on record

StartsRent per yearSizePer sq ftSource
6 Nov 2026 AED 78,000 958 sq ft 81 Dubai Land Department — Open Data
5 Nov 2026 AED 78,000 893 sq ft 87 Dubai Land Department — Open Data
4 Nov 2026 AED 85,000 958 sq ft 89 Dubai Land Department — Open Data
1 Nov 2026 AED 85,000 893 sq ft 95 Dubai Land Department — Open Data
30 Oct 2026 AED 70,000 958 sq ft 73 Dubai Land Department — Open Data

Charts

Every recorded sale: price per sq ft
05001,0001,5002,000May 2026Nov 2026Jul 2026Aug 2026Sep 2026Oct 2026Median 1,28605001,0001,5002,000May 2026Nov 2026Aug 2026Median 1,286

The grey line is the median of these 7 deals.

Show as a table
DatePer sq ftAmountSize (sq ft)Source
13 May 2026AED 1,286 / sq ftAED 1,160,000902Dubai Land Department — Open Data
13 May 2026AED 1,358 / sq ftAED 1,225,000902Dubai Land Department — Open Data
13 May 2026AED 1,287 / sq ftAED 1,560,0001,212Dubai Land Department — Open Data
3 Nov 2026AED 1,051 / sq ftAED 950,000904Dubai Land Department — Open Data
3 Nov 2026AED 1,749 / sq ftAED 20,000,00011,433Dubai Land Department — Open Data
3 Nov 2026AED 462 / sq ftAED 5,000,00010,825Dubai Land Department — Open Data
3 Nov 2026AED 462 / sq ftAED 5,000,00010,830Dubai Land Department — Open Data
Market in Dubai Marina: price per sq ft by month
1,8002,0002,2002,4001,921Jan 2026Mar 20262,355May 2026Jul 2026Sep 20261,8061,881Nov 20261,8002,0002,2002,4001,921Jan 20262,355Jul 20261,8061,881Nov 2026

The whole district, not this building. Source: Dubai Land Department — Open Data

Show as a table
MonthMedian AED / sq ft
Jan 2026AED 1,921 / sq ft
Feb 2026AED 1,967 / sq ft
Mar 2026AED 2,108 / sq ft
Apr 2026AED 2,355 / sq ft
May 2026AED 2,063 / sq ft
Jun 2026AED 1,897 / sq ft
Jul 2026AED 2,307 / sq ft
Aug 2026AED 2,271 / sq ft
Sep 2026AED 2,115 / sq ft
Oct 2026AED 1,806 / sq ft
Nov 2026AED 1,881 / sq ft
Annual rent per sq ft, last 12 months
707580859073Oct 202688Nov 2026707580859073Oct 202688Nov 2026
Show as a table
MonthMedian AED / sq ft
Oct 2026AED 73.07 / sq ft
Nov 2026AED 88.04 / sq ft
Sales per month
012343May 20264Nov 2026012343May 20264Nov 2026

Months without a record are not shown, which does not mean no deals took place.

Show as a table
MonthSales
May 20263
Nov 20264
Price per sq ft against the area
Marina 101 Dubai Marina
01,0002,0003,0001,2862,061Dubai Land Department — Open Data01,0002,0003,0001,2862,061Dubai Land Department — Open Data
Show as a table
SourceMarina 101Dubai Marina
Dubai Land Department — Open DataAED 1,286 / sq ftAED 2,061 / sq ft
Rental yield against similar projects
024686.8%Marina 1015.6%Princess Tower5.9%Cayan Tower5.9%23 Marina024686.8%Marina 1015.6%Princess Tower5.9%Cayan Tower5.9%23 Marina
Show as a table
ProjectGross yield
Marina 1016.79%
Princess Tower5.58%
Cayan Tower5.90%
23 Marina5.87%
Construction progress over time
0%50%100%54%Nov 2012Oct 2013Nov 2014Oct 201597%Apr 201797%Feb 20180%50%100%54%Nov 2012Oct 201597%97%Feb 2018
Show as a table
DateProgress
Nov 201254%
Jan 201361%
Oct 201361%
Apr 201470%
Nov 201485%
Mar 201591%
Oct 201594%
Jun 201696%
Apr 201797%
Feb 201897%

Investment analysis

Gross Rental Yield
6.79%
(AED 87.31 / sq ft ÷ AED 1,286.16 / sq ft) × 100
Net Rental Yield
Not stated
Payback Period
Not stated
Capital Appreciation
Not stated

Per square foot. Net figures add a 4% transfer fee to the price; the flat title deed fee is left out at this scale.

Rental Yield reported by a source
6.4% Aigents Realty
ROI
Not stated Depends on your resale price and holding period. Enter them in the calculator below.
Average monthly rent
AED 7.28 / sq ft AED 87.31 / sq ft ÷ 12
Service charge, yearly
Not stated
Maintenance, yearly
Not stated
Buying costs (assumed)
4% + AED 580 DLD transfer fee and title deed, from secondary sources. Agent and trustee fees are not included.

Run your own numbers

Filled in from the leading figures above. Replace them with the real quote for your unit. Nothing you type is stored.

Total acquisition cost–
Gross yield–
Net yield–
Payback–
Monthly rent–
ROI over the holding period–

Location

Distances

Place Kind By road Straight line By car Source
Al Fardan Exchange Metro 3.8 km 1.0 km 5 min OpenStreetMap
Burj Khalifa / The Dubai Mall Downtown Dubai 20.4 km 17.5 km 19 min OpenStreetMap
Dubai International Airport (DXB) Airport 35.5 km 28.3 km 33 min OpenStreetMap
Shopping Not stated
Emirates Hospital Hospital 3.2 km 0.8 km 5 min OpenStreetMap
ICCA Dubai School 3.8 km 2.0 km 6 min OpenStreetMap

Around the project

Compared with other projects

Project Status Height Floors Units Progress Completion Price
Marina 101 Completed 425 m 101 488 97% Jun 2018 AED 4.99MAverage sale price
Princess Tower Completed 414 m 101 763 100% Oct 2011 AED 2.34MAverage sale price
Cayan Tower Completed 307 m 75 495 100% Not stated AED 3.37MAverage sale price
23 Marina Completed 392 m 88 294 100% Aug 2010 AED 3.94MAverage sale price

Every figure here is a research figure. Prices are the headline figure of each project, so they are not always the same kind of number: read the small line under each.

Expert analysis

Mr Amlak's reading of the sources listed on this page. It is not a rating or an opinion of the Dubai Land Department.

Strengths

A 101-floor landmark of about 425 m in Dubai Marina, with a clear DLD registration (project 357) and a marina-front, walkable-to-Marina-Mall location. Registered 2026 resale prices (median AED 1,286 per sqft) sit well below the Dubai Marina area median (AED 2,061 per sqft), so entry tickets are relatively low (median AED 1.56M across 7 sales).

Based on: CTBUH height; DLD record; Dubai Marina location

Weaknesses

The tower stalled near 97% for years; the last DLD inspection on record is from 2018 and a building completion certificate was still reported pending in Dec 2024. The hotel plan is unclear and no service charge has been published, so running costs cannot be estimated from this page.

Based on: Gulf News Dec 2024; DLD inspection history

Investment opportunities

The gap between the building psf (AED 1,286 registered, about AED 1,267 asking) and the area median (AED 2,061) could narrow if the completion certificate, hotel and handover are settled, but this is a possibility, not a forecast. Registered rents (median AED 78,000 across 5 contracts, about AED 87 per sqft) give a reference for income; check them against the sale price you are offered.

Based on: DLD 2026 sales and Ejari rows vs area median; asking prices

Investment risks

Main risks: handover and completion-certificate timing, the future of the hotel floors, an unknown service charge, and data conflicts (unit count 488 vs about 498, developer name in CTBUH). Treat every figure marked unverified as unconfirmed and ask for official documents before paying.

Based on: Gulf News; The National; sources conflict

Market reading

2026 so far: 7 registered sales (median AED 1,286 per sqft, range AED 950K to AED 20M) and 5 Ejari contracts in the last 90 days. About 60 sale and 130 rent adverts are live, so supply is deep compared with the few registered deals. No like-for-like one-year or multi-year price series was found.

Based on: DLD open data 2026 (7 sales, 5 rent contracts); Property Finder adverts 2026-11-08

Conclusion

Marina 101 is a very tall, partly resold Dubai Marina tower with open questions on handover, hotel and service charge. Prices per sqft are below the area median, but the status risk is the reason. Verify documents before any purchase; this is not investment advice.

Documents and official pages

Sources

Source Kind Items Latest data date Last checked
Dubai Land Department — Open Data Official 34 8 Nov 2026 8 Nov 2026
Dubai Land Department — Project Status Official 25 8 Nov 2026 8 Nov 2026
Wikipedia Reference 20 8 Nov 2026 Not stated
Property Finder Listings portal 9 8 Nov 2026 Not stated
OpenStreetMap Reference 9 Not stated Not stated
Hospitality Net Reference 7 28 Jul 2016 Not stated
CTBUH Reference 7 8 Nov 2026 Not stated
The National Reference 5 29 Apr 2022 Not stated
Gulf News Reference 5 27 Dec 2024 Not stated
Aigents Realty Market data 4 8 Nov 2026 Not stated
Propsearch Market data 3 8 Nov 2026 Not stated

Photo credits

Photo Credit Licence Source
Marina 101 tower, Dubai Marina: the completed tower with its pointed crown, photographed in February 2020 (crop of a skyline photo) Norlando Pobre CC BY 2.0 Source page
Marina 101 site during early construction works, 2007 Imre Solt / Wikimedia Commons CC BY-SA 3.0 Source page
Marina 101 tower under construction, 4 January 2008 (photo of the site, not the finished building) Imre Solt CC BY-SA 3.0 Source page
Marina 101 during construction, September 2007 (photo) Imre Solt CC BY-SA 3.0 Source page
Marina 101 construction site, August 2007 (photo) Imre Solt CC BY-SA 3.0 Source page
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