Dubai Marina is one of the most popular areas of Dubai. It boasts luxurious skyscrapers that are part of the iconic urban landscape, a variety of restaurants and entertainment venues, as well as a landscaped promenade. Such «record-breaking properties» as the tallest residential tower or the largest artificial pier add to the attractiveness of this dynamic and modern community. Therefore, it does not surprise anyone that most investors and end users interested in Emirati housing choose real estate in Dubai Marina.
Contents
- Advantages of Dubai Marina
- Attractions
- Beaches and entertainment
- Hotels
- Restaurants
- Shopping malls
- Fitness centers
- Active water sports
- SPA salon and recreation
- Transport
- Schools and kindergartens
- Hospitals and pharmacies
- All about real estate in Dubai Marina, UAE
- New buildings and community in Dubai Marina
- Types of real estate in Dubai Marina
- Real estate rental prices
- Prices for the sale of real estate
- Real estate in Dubai Marina for investment
Advantages of Dubai Marina
The main advantages of Dubai Marina are the developed infrastructure, proximity to the water and a wide range of amenities. The area is self-sufficient and provides local property owners with everything they need for a comfortable and interesting lifestyle.
Attractions
The two most iconic attractions of Dubai Marina, which annually attract hundreds of thousands of tourists, such as:
- Dubai Marina Walk is a 7 km long embankment offering a wide selection of catering establishments. In the cold season, a market opens here, where visitors can buy unusual goods.
- Dubai Marina Mall is a shopping mall where there are many opportunities for shopping, recreation and entertainment. Free activities for children are regularly held here in the summer.
Beaches and entertainment
Residents of the area have access to a variety of beaches and many entertainment venues. Among the first to be noted are the beaches in Jumeirah Beach Residence and Jumeirah, which are a short drive away.
Speaking of entertainment venues, the first thing to mention is Dubai Marina Mall. There are many leisure and leisure facilities in this shopping center, including a premium Reel Cinemas cinema. The beautiful promenade of Dubai Marina Wok is ideal for evening walks and dinner in one of the many world-class restaurants.
Hotels
The list of the best hotels in Dubai Marina includes:
- Address Dubai Marina is a five–star hotel at the shopping center. All suites and rooms have a view of the picturesque harbor and access to a wide range of luxury amenities: SPA center, gym, infinity pool and much more.
- Le Royal Meridien Beach Resort & Spa is another five-star hotel overlooking the marina. It offers guests swimming pools with temperature control function and tennis courts. There are 14 retail outlets inside the hotel.
- La Verda Suites & Villa is a hotel where you can stay in a villa or a duplex penthouse. Guests have access to butler and babysitter services, as well as regular activities designed for children.
Restaurants
The area has one of the most diverse gastronomic cultures in the city. Here you can find a wide selection of prestigious bars serving refreshing cocktails, and catering establishments for every taste and budget. There are several outdoor restaurants on the territory of Dubai Marina Wok. Dubai Marina Mall is popular among fast food lovers. We must not forget about Pier 7 — a unique complex of restaurants and bars offering an exclusive culinary experience by the water.
Shopping malls
Dubai Marina Mall serves as the hallmark of the entire area. The mall offers a wide selection of shopping and entertainment venues. It is visited by most tourists who have visited the city at least once. In a complex of 140 shops, you can find fashionable clothes, accessories, jewelry, books, appliances, children's toys and much more.
In addition to the shopping center, the area offers many individual supermarkets and shops. Locals can use popular networks such as Spinneys and Al Maya. They can be found almost next to any residential complex.
Fitness centers
Adherents of an active lifestyle living in Dubai Marina have access to a variety of fitness centers. The most popular are SUP Fit, which is located in the open air, and TribeFIT, which regularly organizes interesting events for its members.
Active water sports
Lovers of active beach holidays living in Dubai Marina visit Jumeirah Beach Residence. It can be quickly reached by Dubai tram. There are many types of water sports, including parasailing, banana riding and wakeboarding. Another open beach is located in Jumeirah, just half an hour away.
SPA salon and recreation
SPA salons of Dubai Marina attract even residents of other areas due to various types of massages, high-quality scrubbing and facial skin care procedures. The most famous is the establishment in the five-star Address Dubai Marina Hotel, which was mentioned above.
Transport
There are two metro stations in the area – Sobha Realty and DMCC. You can also get around the neighborhood using the Dubai Tram, 11 stops of which are located from Jumeirah Beach Residence to Al-Sufuh. There are several tram stops in Dubai Marina. Among them are Marina Towers and MAG 218 Tower.
Most residential complexes in the area have underground parking with private spaces for owners and tenants. Besides, on the territory of the Dubai Marina there are several public parking lots, which, as a rule, are located near popular tourist places.
Schools and kindergartens
Dubai Marina offers parents a wide range of kindergartens. Raffles is one of them. It follows a curriculum for children aged 45 days to 4 years. The establishment is located on Dubai Marina Walk, which is easily accessible from most local complexes.
Many schools can be found in nearby areas such as Jumeirah and Umm Sukeim. Dubai Knowledge Park, a 10-minute drive away, offers a variety of options for higher education.
Hospitals and pharmacies
Pharmacies are conveniently located at equal distances from each other throughout the Dubai Marina. There are also many medical clinics and family health centers in the area. Most often, locals visit Medcare Marina and Emirates Hospitals.
All about real estate in Dubai Marina, UAE
The information below includes everything a potential buyer needs to know about real estate in Dubai Marina, UAE, from current prices to types of objects.
New buildings and community in Dubai Marina
New buildings and communities in Dubai Marina stand out in the UAE real estate market due to a wide range of housing, developed infrastructure and exceptional amenities. The following complexes are most popular:
- Marina Diamond;
- DEC Towers;
- Marina Gate.
Types of real estate in Dubai Marina
The types of real estate in Dubai Marina are mainly medium and high-class apartments. The district has more than 200 residential towers, so each buyer will be able to choose for himself an object that will fully match his tastes and budget. All local apartments, as a rule, are distinguished by spacious rooms and beautiful views of the surrounding area. Their configuration can vary from studios to apartments with one-five bedrooms.
Almost all apartment complexes can boast of such common amenities as swimming pools, barbecue areas and gyms. In addition to apartments, the area offers a limited selection of villas with two-five bedrooms.
Real estate rental prices
Real estate rental prices in Dubai Marina can vary from 43,000 to 417,000 dirhams UAE. Below you can find the approximate amount of rent (in dirhams UAE) depending on the different types of apartments:
| Type of apartments | Rental price |
|---|---|
| Studio | 43,000 |
| One-bedroom | 65,000 |
| Two-bedroom | 93,000 |
| Three-bedroom | 138,000 |
| Four-bedroom | 186,000 |
| Five-bedroom | 344,000 |
The following table shows the approximate prices for renting villas (AED):
| Type of villas | Rental price |
|---|---|
| Two-bedroom | 144,000 |
| Three-bedroom | 193,000 |
| Four-bedroom | 373,000 |
| Five-bedroom | 417,000 |
Prices for the sale of real estate
Despite the fact that the prices for the sale of real estate in Dubai Marina may seem high, local properties still attract investors. Foreign buyers are showing particular interest, since there are several promising freehold zones in the area that provide non-residents with full ownership rights.
You can get acquainted with the average cost of apartments (AED) in the following table:
| Type of apartments | Average price |
|---|---|
| Studio | 667,000 |
| One-bedroom | 1,01 million |
| Two-bedroom | 1,62 million |
| Three-bedroom | 2,68 million |
| Four-bedroom | 5,35 million |
| Five-bedroom | 7,13 million |
Below are the average prices for villas (AED):
| Type of villas | Average price |
|---|---|
| Two-bedroom | 4,76 million |
| Three-bedroom | 5,26 million |
| Four-bedroom | 8,62 million |
| Five-bedroom | 7,98 million |
Real estate in Dubai Marina for investment
The Dubai real estate market continues to grow, and this is happening especially fast in elite areas. One of the places attracting the most attention from investors was the Dubai Marina district. The second largest artificial marina on the planet is a striking representative of «New Dubai» development. There is everything that a wealthy person may need here.
With stunning views of the bay and easy access to Dubai Internet City and Dubai Media City, houses and apartments in Dubai Marina are in high demand among working professionals. The quality of local buildings is beyond doubt: developers use the most modern technologies and advanced methods to create truly unique properties.
In the next two years, 2,800 new apartments will appear in the district. International chains continue to open hotels, restaurants and bars here, so Dubai Marina is becoming more and more attractive for expats and tourists. Landlords can raise fees without fear of falling demand from renters.
The best real estate in Dubai Marina for investment are apartments and villas. You can get acquainted with the ROI of the former in the following table:
| Type of apartments | ROI |
|---|---|
| Studio | 6.4% |
| One-bedroom | 6.2% |
| Two-bedroom | 5.7% |
| Three-bedroom | 5.3% |
| Four-bedroom | 4% |
| Five-bedroom | 4.5% |
ROI of villas in Dubai Marina are presented below:
| Type of villas | ROI |
|---|---|
| Two-bedroom | 3.2% |
| Three-bedroom | 4.1% |
| Four-bedroom | 4.2% |
| Five-bedroom | 5.2% |
