New homes in Blue Marina Residence start at AED 1,650,000; keys are due Sep 2027; you pay 20% to book, 30% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands. Their median price is AED 2,834 per sq ft (about AED 1,899,000 at 670 sq ft). This project's from price is AED 2,463 per sq ft (AED 1,650,000 for its smallest home, 670 sq ft), 13% less.
Keys
Sep 2027
The developer's handover date
Payment plan
20 / 30 / 50
20% to book, 30% while it is built, 50% at the keys
Bedrooms
1 to 4 beds
Sizes
670 to 3,566 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 2,463 per sq ft
Similar off-plan homes: AED 2,834 per sq ft
RERA project
3867
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Oct 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Paying for it
You pay 20% when you book, 30% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 330,000
Feb 2027
While it is built
10%
AED 165,000
Apr 2027
While it is built
10%
AED 165,000
Jul 2027
While it is built
10%
AED 165,000
Sep 2027
Keys
50%
AED 825,000
Booking payment, 20%
AED 330,000
Dubai Land Department fee (Oqood), 4%
AED 66,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 396,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Shakirov Developments for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Blue Marina Residence by Shakirov Developments sold in 24 months, so we compare with off-plan sales across Dubai Islands.
Dubai Land Department recorded 1,663 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Dubai Islands, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,834 per sq ft
AED 1,519 to AED 1,844 per sq ft
21 sales
AED 1,844 to AED 2,170 per sq ft
127 sales
AED 2,170 to AED 2,495 per sq ft
270 sales
This project's from price is in this band.
AED 2,495 to AED 2,820 per sq ft
390 sales
AED 2,820 to AED 3,146 per sq ft
456 sales
AED 3,146 to AED 3,471 per sq ft
221 sales
AED 3,471 to AED 3,797 per sq ft
140 sales
AED 3,797 to AED 4,122 per sq ft
38 sales
AED 1,519 per sq ftAED 4,122 per sq ft
This project AED 2,463 per sq ft
Half of the sales sold for AED 2,495 to AED 3,127 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,519 to AED 1,844 per sq ft
21
AED 1,844 to AED 2,170 per sq ft
127
AED 2,170 to AED 2,495 per sq ft
270
AED 2,495 to AED 2,820 per sq ft
390
AED 2,820 to AED 3,146 per sq ft
456
AED 3,146 to AED 3,471 per sq ft
221
AED 3,471 to AED 3,797 per sq ft
140
AED 3,797 to AED 4,122 per sq ft
38
The 3 closest sales
Picked from the 1,663 similar sales above, closest in size to this project's smallest home.
Mar 2026AED 1,980,000AED 2,944 per sq ftBlue Marina Residence by Shakirov Developments - TOWER A, 673 sq ft
Mar 2026AED 2,000,000AED 2,974 per sq ftBlue Marina Residence by Shakirov Developments - TOWER A, 673 sq ft
Mar 2026AED 1,948,800AED 2,897 per sq ftBlue Marina Residence by Shakirov Developments - TOWER A, 673 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Islands in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,650,000 here
Off-plan medianAED 2,334,000AED 2,781 per sq ft
Sales2,196
13% below 1,663 similar sales
2-bed apartment
Off-plan medianAED 3,499,000AED 2,716 per sq ft
Sales1,972
3-bed apartment
Off-plan medianAED 5,593,000AED 2,829 per sq ft
Sales576
4-bed apartment
Off-plan medianAED 9,741,000AED 2,809 per sq ft
Sales72
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
On your doorstep
Gold Souq Metro Station1.9 km, 7 min driveMetro station
Deira Islands Beach1.3 km, 20 min walkBeach
Al Wahidah Boys' School for Cycle2 and Secondary Education. C2 & C32.9 km, 7 min driveSchool
Queen international school5.6 km, 12 min driveBritish school
New academy school4.6 km, 11 min driveAmerican school
The Elite English School4.7 km, 9 min driveIndian school
Naif Souq2.5 km, 5 min driveMall
Belhoul Speciality Hospital2.3 km, 5 min driveHospital
Dubai World Trade Centre7.5 km, 15 min driveOffices
Blue Marina Residence is a Shakirov Developments apartment building on Dubai Islands with 1- to 4-bedroom homes from AED 1,650,000 and a listed handover of September 2027. The price check puts the from price per square foot 13% below 1,663 one-bedroom off-plan sales on Dubai Islands over the 12 months to October 2026.
In the 12 months to October 2026, the Dubai Land Department recorded 1,663 one-bedroom off-plan sales on Dubai Islands. The price check puts the from price per square foot 13% below their median. That is a comparison with the whole area, not this building, so ask which unit the from price buys.
The plan is 20% on booking, 30% during construction and 50% on handover. At the from price that is AED 330,000 to book. AED 495,000 follows during the build and AED 825,000 on handover, listed for September 2027, about 10 months from now. Separately, the 4% DLD fee comes to AED 66,000; ask when it is due. Half the price falls at handover.
Homes have one to four bedrooms. The developer lists 670 sq ft for one bedroom, 1,304 sq ft for two, 1,701 sq ft for three and 3,183 sq ft for four, and the listing goes up to 3,566 sq ft. Ask for the floor plan of the unit you want. Residents share a gym, a pool, a children's pool and play area, covered parking and a lobby with 24/7 security, and units have balconies.
By our map, Deira Islands Beach is about 1.3 km away and Dr. Ismail Polyclinic about 1.5 km. Gold Souq Metro Station is about 1.9 km away, around 7 minutes by car by our estimate. The Elite English School is about 4.7 km away and Queen International School about 5.6 km.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
4 BR
How prices moved
Median price of 1-bed apartments in Dubai Islands, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 2,188 per sq ft
Sep 2026AED 2,781 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,781 per sq ft
2,196 sales
Jun 2026
AED 2,696 per sq ft
2,435 sales
Mar 2026
AED 2,535 per sq ft
2,416 sales
Dec 2025
AED 2,416 per sq ft
1,959 sales
Sep 2025
AED 2,338 per sq ft
1,563 sales
Jun 2025
AED 2,305 per sq ft
1,308 sales
Mar 2025
AED 2,211 per sq ft
746 sales
Dec 2024
AED 2,188 per sq ft
500 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Who is the developer?
Shakirov Developments. The building is on Dubai Islands.
How does the price compare?
The price check puts the from price per square foot 13% below the median of 1,663 one-bedroom off-plan sales on Dubai Islands over the 12 months to October 2026.
What do I pay before handover?
50% of the price: AED 330,000 on booking and AED 495,000 during construction at the from price. The other AED 825,000 is due at handover. Separately, the 4% DLD fee comes to AED 66,000; ask when it is due.
How big are the apartments?
From 670 sq ft for one bedroom to 3,183 sq ft for four, and the listing goes up to 3,566 sq ft. Check the floor plan.
When is handover?
The listed handover is September 2027, about 10 months away. Ask for the latest construction update.
