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ReadyHanded over

5242

by Emaar Properties Dubai Marina

About 5242

5242 is a residential and retail tower by Emaar Properties, in Dubai Marina, Dubai. It rises 51 storeys (a ground floor, 50 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 493 homes across 3 buildings.

Key information

Emaar Properties
Developer
Emaar Properties
Handover
Q3 2020
Status
Handed over
Location
Dubai Marina, Dubai
Master project
Dubai Marina
Construction started
2016
Number of buildings
3
Number of units
493
Registered with DLD
19 Apr 2016
Escrow bank
Dubai Islamic Bank
Escrow account no.
001582131586601
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2016
  2. Handed over
    Q3 2020

Construction progress

160 inspection photos from the Dubai Land Department. Latest 27 Apr 2021 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
12 Elevators
52 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
856
Median price
AED 2.3M
Median price / sqft
AED 2K+55%
Off-plan share
60%

Priced 36% above than the Marsa Dubai median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed227715 sqftAED 1.5MAED 2K
2 Bed4451,142 sqftAED 2.4MAED 2K
3 Bed1691,768 sqftAED 3.7MAED 2K
4 Bed153,459 sqftAED 6.7MAED 2K

Price per sqft by year

+55% since 2016

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
08 Sept 2026Resale1,122 sqftAED 3.5MAED 3K
02 Sept 2026Resale1,127 sqftAED 2.8MAED 2K
01 Sept 2026Resale1,139 sqftAED 3.0MAED 3K
14 Aug 2026Resale1,122 sqftAED 3.1MAED 3K
12 Aug 2026Resale1,119 sqftAED 3.2MAED 3K
15 Jul 2026Resale506 sqftAED 1.0MAED 2K
30 Jun 2026Resale3,695 sqftAED 9.5MAED 3K
19 Jun 2026Resale1,122 sqftAED 3.4MAED 3K

Unit mix

493 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial7-
1 B/R136655 - 1,172 sqft
2 B/R2501,081 - 1,678 sqft
3 B/R921,603 - 1,801 sqft
4 B/R83,216 - 3,695 sqft

Payment plan

Payment plans are set by Emaar Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Dubai Marina, Dubai.

Dubai Marina

Dubai, United Arab Emirates

Frequently asked questions

5242 has already been handed over (Q3 2020), according to Dubai Land Department records.

More projects by Emaar Properties

Other developments by Emaar Properties in Dubai.

Handover Q3 2020100% complete

5242

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