AED 14,000,000
LUXURY DUPLEX PENTHOUSE WITH STUNNING AIN DUBAI VIEWS
5242 Tower 1 · 4 bed · 5 bath · 3,695 sqft
Building · Dubai Marina
Apartments for sale in 5242 Tower 1
1 on the market with McCone. 3 for rent →
Recorded rents and gross yield for 5242 Tower 1 →
Living in Dubai Marina — the area guide →
What a mortgage on a 5242 Tower 1 purchase costs a month — and the cash you need on the day →
Median sale price
AED 3.65M
18 sales · the last 12 months
Mean AED 4.49M
Median per sq ft
AED 3,123
+0.3% on the year before
Mean AED 3,101
Against Dubai Marina
8 of 54
Community median AED 2,011 / sq ft
Activity, 90 days
6 sales
1.7× its usual pace · 14th of 31 busiest in Dubai Marina
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
1,927
1,947
1,913
1,953
1,664
2,082
2,203
2,780
2,735
3,247
3,118
20162017201820192020202120222023202420252026
The low was 2020 at AED 1,664 a square foot, and it has recovered 87% since. It is still 4% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 687 sqft | 2,237,500 | 2,212,188 | 3,247 | 16 |
| 2 B/R | 1,135 sqft | 3,325,000 | 3,414,550 | 2,904 | 40 |
| 3 B/R | 1,742 sqft | 5,425,000 | 5,241,688 | 3,113 | 16 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in 5242 Tower 1
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 8 Sept 2026 | 2 B/R | 1,122 | 3,500,000 | 3,118 |
| 14 Aug 2026 | 2 B/R | 1,122 | 3,100,000 | 2,762 |
| 12 Aug 2026 | 2 B/R | 1,119 | 3,210,000 | 2,868 |
| 30 Jun 2026 | 4 B/R | 3,695 | 9,500,000 | 2,571 |
| 19 Jun 2026 | 2 B/R | 1,122 | 3,420,000 | 3,047 |
| 17 Jun 2026 | 2 B/R | 1,135 | 2,800,000 | 2,467 |
| 5 Mar 2026 | 2 B/R | 1,123 | 4,000,000 | 3,563 |
| 5 Feb 2026 | 3 B/R | 1,742 | 5,900,000 | 3,386 |
| 28 Jan 2026 | 3 B/R | 1,742 | 5,825,000 | 3,343 |
| 21 Jan 2026 | 3 B/R | 1,789 | 5,825,000 | 3,255 |
| 15 Jan 2026 | 3 B/R | 1,742 | 5,950,000 | 3,415 |
| 11 Dec 2025 | 3 B/R | 1,742 | 6,000,000 | 3,443 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
229
18
22
20
15
32
79
34
33
22
11
20162017201820192020202120222023202420252026
Of the 515 sales on record, 315 were bought off-plan from the developer and 200 were resales of a finished home. The changeover in 2021 is the handover. The 2026 bar is part-year.
In context
Where it sits in Dubai Marina
5242 Tower 1 is the 8th most expensive of the 54 Dubai Marina buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 5 | Al Majara 4 | 25 | 3,184 |
| 6 | LIV Waterside | 103 | 3,167 |
| 7 | Vida Residences Dubai Marina | 28 | 3,126 |
| 8 | 5242 Tower 1 | 18 | 3,123 |
| 9 | Jumeirah Living Marina Gate | 42 | 3,039 |
| 10 | Marina Star | 33 | 3,000 |
| 11 | Dubai Marina Mall Hotel | 35 | 2,978 |
Dubai Marina as a whole: AED 2,011 a square foot across 2,118 sales in the last twelve months.
Where the market is moving
The busiest buildings in Dubai Marina
5242 Tower 1 ranks 14th of the 31 Dubai Marina buildings with five or more completed-home sales in the ninety days to 8 Sept 2026. These are the five ahead of it, and its own row.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | LIV Waterside | 103 | New to resale |
| 2 | Botanica Tower | 12 | 1.1× |
| 3 | Elite Residence | 11 | 0.8× |
| 4 | Ocean Heights | 10 | 1.3× |
| 5 | The Torch | 10 | 0.8× |
| 14 | 5242 Tower 1 | 6 | 1.7× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 8 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Dubai Marina, with pace against each building’s own year before.
Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 8 Sept 2026.
Nearby
What else to look at in Dubai Marina
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Rove Home Dubai Marinanewest | 664 | 2025 | 3,552 |
| LIV Watersidenewest | 103 | 2026 | 3,167 |
| Sparkle Tower 3 | 52 | 2015 | 2,049 |
| Marina Gate 1 | 677 | 2014 | 2,004 |
| Vida Residences Dubai Marina | 701 | 2017 | 1,991 |
| Damac Heights | 1,015 | 2009 | 1,988 |
| Dubai Marina No.9 | 363 | 2014 | 1,973 |
| Stella Maris | 525 | 2021 | 1,926 |
| 5242 Tower 2 | 339 | 2016 | 1,908 |
| Sparkle Tower 2 | 205 | 2015 | 1,818 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.