Property Investment in Dubai Marina

 Properties in Dubai Marina

Dubai Marina is one of the most sought-after neighbourhoods in Dubai. This impressive community boasts luxury skyscrapers, a range of dining and entertainment options and best of all, it offers urban waterfront living to its residents. It is the most famous area for leasing luxury apartments in Dubai

    Dubai Marina is a carefully-planned community, complete with a seamless network of roads and a beautiful marina, filled with luxury yachts. It is a genuine testament to master developer, Emaar Properties, who turned a 3.5 km strip of shoreline into a 6,452,391 sq. ft. modern neighbourhood that offers a stylish Riviera-style lifestyle. A pivotal feature of this multi-purpose neighbourhood is the large canal, it stretches over 3.5 km providing access to the sea on both ends. Potential residents can choose from an assortment of luxurious apartments in high-rise buildings, set against the gorgeous backdrop of the marina.

    Properties in Dubai Marina

    There are more than 200 residential towers in Dubai Marina, each offering spectacular views of the city and the harbour. Undoubtedly, the community known as the ‘tallest block in the world’ and many of the buildings are part of Dubai’s iconic skyline. The area offers residents a vibrant community lifestyle. It is geared towards apartment living, although there are also a limited number of state-of-the-art podium villas to pique the interest of investors who are interested in purchasing villas.

    Apartments for rent in Dubai Marina vary from studios, 1, 2, 3 and 4 bedroom apartments, all the way up to luxurious penthouses with 5 or more bedrooms. These apartments come with a spacious living area, fitted kitchen and an en-suite bathroom in the bedroom. Other features include a maid’s room, powder room and a balcony. The shared facilities of apartments buildings are a fitness centre, parking area and security and concierge services.

    As for villas, these are available in 2 to 6-bedroom layout with an area ranging between 2,450 sq. ft. to 9,600 sq. ft. These villas are situated on the podium level of apartment buildings featuring a spacious living room, a well-equipped kitchen, a maid’s room with bathroom, powder room and a storage room. The parking facility and rooftop terrace are other features of these villas.

    See also: Villas for sale in Dubai

    SALES TRENDS IN DUBAI MARINA

    Apartment Type

    Average Sale Price in AED

    Studio

    667,000

    1-Bed

    1,015,000

    2-Bed

    1,623,000

    3-Bed

    2,686,000

    4-Bed

    5,358,000

    5-Bed

    7,134,000


    Apartments for Sale in Dubai Marina

    There are several freehold properties and projects, giving expats and foreign investors full ownership of the property purchased. In case you are interested in buying an apartment in Dubai Marina, the sale prices for studio apartments start from AED 385k while 1-bedroom apartments for sale in Dubai Marina range from AED 480k to AED 2.5M. The average price for 2-bed flats for sale is AED 1.6M, while freehold 3-bed units cost AED 2.6M on average.

    Those looking to buy 4-bedroom apartments can find that prices range from AED 1.6M to AED 25M. The higher-end priced units are normally furnished serviced apartments. 5-bed penthouses for sale in Dubai Marina are priced for an average of AED 7.1M, the size of these units ranges from 3,617 sq. ft. to 15,320 sq. ft. Apartment prices rise up to AED 49M for those luxurious penthouses in Dubai Marina.

    Villa Type

    Average Sale Price in AED

    2-Bed

    4,766,000

    3-Bed

    5,262,000

    4-Bed

    8,628,000

    5-Bed

    7,985,000

     

    Villas for Sale in Dubai Marina

    A 3-bedroom villa in Dubai Marina can cost anywhere between AED 2.2M to AED 9.9M. The larger 4-bedroom villas for sale are available in a price range of AED 4.8M to AED 15M. The average sales price of spacious 5-bedroom villas is AED 7.9M. Interested investors can find most of the 5-bedroom villas in Trident Bayside by Trident International HoldingFZE.

    RENTAL TRENDS IN DUBAI MARINA

    Apartment Type

    Average Rental Price in AED

    Studio

    45,000

    1-Bed

    65,000

    2-Bed

    93,000

    3-Bed

    138,000

    4-Bed

    186,000

    5-Bed

    344,000

    Apartments for Rent in Dubai Marina

    Prices for rental studios in Dubai Marina start from AED 27k whereas 1-bedroom apartments for rent are available in the price range of AED 34k to AED 800k. The starting rental price of larger 2-bedroom apartments in Dubai Marina is AED 50k, yearly. The annual rent for 3-bedroom apartments ranges between AED 70k to AED 350k.

    Slightly rarer to find are the deluxe units coming in configurations of 4 and 5-beds. Dubai Marina is one of the few neighbourhoods with large apartments sizes. These are luxury units that come with their own unique amenities, such as separate areas for the house help, breathtaking views, private pools, elevators and more. The average rental price for 4-bed flats is AED 186k, annually. 5-bedroom penthouses can cost anywhere from AED 229k to AED 850k per annum.

    Studio One Tower and Princess Tower are the top buildings for renting apartments in Dubai Marina. A freehold residential project by Select Properties, Studio One Tower offers 1-bedroom apartments in AED 50k per annum while a 2-bedroom apartment is available in a price range of AED 75k to AED 91k annually. One of the tallest residential towers in the area, Princess Tower is home to around 763 units of 1, 2 and 3-bedroom apartments and 4-bedroom penthouses. The starting price of a 2-bedroom apartment for rent in Princess Tower is AED 62k while a 4-bedroom penthouse is available for rent in AED 195k to AED 280k per annum.

    Villa Type

    Average Rental Price in AED

    2-Bed

    144,000

    3-Bed

    193,000

    4-Bed

    373,000

    5-Bed

    417,000


    Villas for Rent in Dubai Marina

    The neighbourhood also offers spacious 2 to 5-bedroom villas for rent. A 3-bedroom villa can be rented for AED 120k to AED 255k for a year. Average rental prices for a 4-bed house is AED 373k. The annual rent for a 5-bedroom villa ranges between AED 250k to AED 380k.

    MOST POPULAR BUILDINGS IN DUBAI MARINA

    Marina Diamonds
    DEC Towers
    Marina Gate
    The Jewels
    Mag 218 Tower

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