Verdict No. VR-2026-04812Preview
Fair-price opinion
V
Filed 04 Feb 2026 · 11:42 GST
By Your name
Area
Dubai Marina
Project
ICONIC Tower
Unit
1 B/R · 807 sqft
Asking
AED 1.95M
Pricing signal
AED 1.77M
AED 2,193 · settled
9.2% under asking
Soft ceilingAED 1.82M+3% buffer
3 comparable sales settled at AED 2,131 – AED 2,278. Asking is AED 2,415.
The fair band
n = 3 · ≤ 47d fresh
Low AED 1,994Mid AED 2,193High AED 2,403
Signals
Activity
14
deeds · last 90 days
Price pressure
Up
+1.8% vs prior 3 mo
Comparable depth
3 comps
Resale 11 · off-plan 3
Confidence
82 / 100
High
Buyer mood
Watching
9.2% gap to fair
Location context
Nearest metro
DMCC Metro
350 m
Nearest mall
Dubai Marina Mall
500 m
Landmark
JBR Beach
900 m
ComparablesShowing 3 of 3 filed deeds
Best nearby comp
LIV Marina · Tower A
22 Jan 2026 · 1 B/R · 786 sqft
AED 1.79M
AED 2,278 / sqft
| Date | Project · Unit | Size | Price | AED / sqft | Similarity |
|---|---|---|---|---|---|
| 22 Jan 2026 | LIV Marina · Tower A 1 B/R · Resale | 786 sqft | AED 1,790,000 | AED 2,278 | 0.92 -6% vs subj |
| 09 Jan 2026 | Marina Shores · T2 1 B/R · Resale | 818 sqft | AED 1,775,000 | AED 2,170 | 0.86 -10% vs subj |
| 28 Dec 2025 | Stella Maris · Main 1 B/R · Resale | 807 sqft | AED 1,720,000 | AED 2,131 | 0.81 -12% vs subj |
Twelve months · Dubai Marina · 1 B/R
YoY
+9.6%
Current AED / sqft
AED 2,193
12-month low
AED 2,001
Monthly median · AED / sqft
In plain English
3 comparable 1 B/R units settled at AED 1.72M – AED 1.79M. The asking price of AED 1.95M is 9.2% below the recorded midpoint.
Prepared bySample