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Project data

Marina Square, Paragon Bay Mallprices & recorded sales

Marina Square, Paragon Bay Mall in Al Reem Island has 4,149 recorded ADREC sale transactions, at a median of AED 1,250,100 and AED 1,040 per built-up square foot. These are settled sales — what units actually sold for, not developer listings or asking prices.

ADREC registry · 2019-01-022026-08-07

The unit that sells most often at Marina Square, Paragon Bay Mall is the 1-bedroom, with 1,748 sales — 42% of the total — at a median of AED 1,046 per built-up sqft.

A genuine resale market has formed here: 100% of recorded transactions were resales rather than purchases from the developer.

The busiest year on record was 2019, with 1,627 recorded sales.

See the whole district: Al Reem Island

4,149

Recorded sales

AED 1,040

Median AED per built-up sqft

+5.5% vs 2025 median

AED 1.25m

Median sale price

AED 6.2bn

Total recorded value

2019–2026

First → latest sale

Median price by unit size

Recorded sales grouped by bedroom count. Sizes with fewer than five sales are omitted.

Median price by unit size — Marina Square, Paragon Bay Mall
Unit sizeRecorded salesMedian AED/sqftMedian price
Studio133AED 1,115AED 600,000
1BR1,748AED 1,046AED 932,925
2BR1,207AED 1,041AED 1,435,732
3BR243AED 1,073AED 1,800,000
4BR658AED 1,007AED 2,250,000

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How these sold

Off-plan versus completed stock, and first sales versus resales.

How these sold — Marina Square, Paragon Bay Mall
SplitRecorded sales
Off-plan129
Ready4,020
First sale (primary)8
Resale (secondary)4,141

Recorded sales by year

Recorded sales by year — Marina Square, Paragon Bay Mall
YearRecorded sales
2019
1,627
2020
694
2021
186
2022
214
2023
222
2024
515
2025
403
2026
288

Method

These are recorded ADREC sale transactions — what units in this project actually sold for. They are not developer listings, asking prices, or availability. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. Phase-level registry entries are grouped under the parent project. Projects are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.

Cite this page

You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:

Knownable, "Marina Square, Paragon Bay Mall prices & recorded sales", https://www.knownable.com/en/projects/marina-square-paragon-bay-mall

Published under CC BY 4.0.

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