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Dubai Marina is a fashionable district of Dubai, which is very popular among tourists. It is located in the western part of the city and represents an elite community with skyscrapers, spacious promenades, and comfortable residential complexes. Many dream of buying real estate in Dubai Marina. Buying property here is an excellent solution both for living and for investment. The area offers a wide selection of apartments, apartments, studios, luxurious villas, which can bring good rental income.
Real estate in Dubai Marina
Advantages of buying real estate in Dubai Marina
Dubai Marina is an embodiment of luxury and cosmopolitanism of Dubai. After its appearance, the area quickly turned into a bustling city center, where beautiful sandy beaches coexist with luxurious yacht clubs, and innovative architecture peacefully coexists with large green areas. Buying property in Dubai Marina is worth it for many reasons:
- A large number of attractions - nearby are the Dubai Mall, the famous Burj Khalifa tower, the Dubai Eye Ferris wheel, and much more.
- Developed infrastructure - there are many shops, restaurants, clinics, and schools in the area.
- Year-round influx of tourists - the area welcomes guests throughout the year, so renting out property is not difficult.
- The convenient location in the heart of New Dubai - provides convenient access to beaches, business hubs, and major city attractions.
- A wide variety of real estate - from affordable options to luxurious housing with first-class amenities and wonderful panoramic views of the Persian Gulf.
- High investment returns - the price of real estate in Dubai Marina is constantly growing, and apartments are of increased interest to tenants.
Dubai Marina Infrastructure
Dubai Marina covers an area of only 4.9 square kilometers, but it can provide its residents with a full and well-developed infrastructure. In the area, you can find prestigious international schools, first-class medical institutions, cinemas, restaurants, and cafes offering dishes of world cuisine.
You can go shopping at boutiques, shopping centers, or colorful local markets. Many tourists like to visit the Friday Market, which Russians often call the Dubai Arbat. Here you can buy paintings by local artists, as well as various handicrafts.
The entire Dubai Marina area is divided into 10 micro-districts. Each of them has everything a person needs for a comfortable stay. Residential complexes in micro-districts have their own infrastructure facilities. Almost every residential complex has its own gyms, pools, shops, and service enterprises. Each apartment is allocated one or more parking spaces in closed, guarded parking lots.
Types of property in Dubai Marina for sale
The choice of real estate in Dubai Marina is very large. The residential stock of the area includes over 200 houses, where you can find good options within your budget. For sale are:
- Apartments - belong to the most extensive category of housing in Dubai Marina. Buyers are offered one to five-room apartments, compact studios, spacious apartments. Residential complexes in the area include both elite and inexpensive types of housing. Apartments by the sea are particularly popular.
- Villas - located on the territories of residential complexes, can have 2-6 bedrooms and bathrooms. Most of the offers in the private sector are podium villas, which are located at the foot of high-rise buildings.
- Penthouses - located on the top floors of skyscrapers and offer magnificent views of the harbor and city development. Many rooms are equipped with terraces where you can relax and have evening tea parties.
- Townhouses - offered in small quantities and are multi-level apartments that occupy half of a private house. Townhouses have separate entrances, parking spaces, and sometimes small plots of land.
- Commercial real estate - represented by office spaces, hotels, hotel rooms. Such offers are in demand among entrepreneurs who buy real estate for business purposes.
Prices for real estate in Dubai Marina
The cost of real estate in Dubai Marina is affordable for many buyers. Prices are lower than in many major European cities, but the constantly growing demand for housing contributes to their stable growth. The most affordable are studio apartments. As of 2023, such real estate can be purchased on average for 500,000 AED. A one-bedroom apartment will cost slightly more - from 600,000 AED, and the cost of villas can be hundreds of millions of dirhams. For example, a mansion with six bedrooms and seven bathrooms will cost approximately 225 million AED.
Prices for apartments and apartments can be influenced by many factors, including area, proximity to beaches, level of comfort, and technical equipment. The constant increase in the value of objects is explained by both the attractive location of the area and the high quality of life, developed infrastructure, and proximity to many Dubai attractions.
Lifestyle in Dubai Marina
Dubai Marina is actively populated by expatriates who prefer this place because of its good transport infrastructure and proximity to the sea. The area is also chosen by many entrepreneurs because nearby are major business hubs - Downtown Dubai and Business Bay.
Many people choose Dubai Marina property because of its proximity to Dubai's famous attractions. Over 10 km of promenades, large entertainment centers, picturesque parks, clean beaches with all amenities - this is what endows the area with high investment attractiveness.
The area is characterized by a developed transport infrastructure. Residents have access to the Dubai Metro, which allows them to quickly reach almost any part of the city. Drivers can use numerous highways and motorways, and water taxis are available for lovers of sea walks.
A distinctive feature of the area's planning is the presence of numerous pedestrian zones. Wide paths that run along the coast allow residents to spend a lot of time leisurely walking. Along the way, you can easily find benches where you can rest in the shade of lush trees.
The traditional lifestyle in Dubai Marina is vibrant entertainment and exciting events. The Dubai Marina Walk promenade, where over 300 restaurants, cafes, and other places for interesting pastime are located, runs through the area. Throughout the year, various events for adults and children take place in local cultural and entertainment centers.
Investing in Real Estate in Dubai Marina
If you buy property in Dubai Marina, you can rent it out to tourists. All apartments here are close to the beaches, so they always remain in demand. The return on investment in this area is one of the highest in the city. On average, the ROI for elite housing is 6.5% per year, and some options provide a yield of up to 8-9.5% per year. Compact studios are most suitable for capital investment, as they are in highest demand among tenants. The average return on investment when purchasing them is up to 7%.
Benefits of cooperation with Alira Real Estate company
Alira company is ready to help with the purchase of profitable properties in Dubai Marina. We will select quality real estate and provide safe cooperation conditions in a format convenient for you - with a personal meeting or remotely. By contacting our agency, you get:
- Services of professionals with extensive experience in the real estate sector of the Arab Emirates.
- Flexible interaction, selection of housing according to your preferences and budget.
- A wide range of services, including assistance in buying, renting out, selling, or managing properties.
- Guarantee of confidentiality of your personal information.
- Convenience in finding real estate on the website thanks to detailed descriptions and a well-thought-out filtering system.
- Provision of useful information - fresh news, changes in legislation, statistics.
Contact our company if you are interested in buying or selling real estate in Dubai Marina. We will take care of all the issues related to the transaction and provide full legal support at every stage. You can sign up for a consultation using the form on the website, by phone +971 (588) 337 and +7 (986) 927-73-77, or by email info@alirarealestate.com.
FAQ
There are many under construction and operational residential complexes in Dubai Marina. Most of them are high-rise architectural ensembles consisting of skyscrapers ranging from 30 to 70 floors. The most famous are Cavalli Tower, LIV Marina, Stella Maris, Address Jbr.
The area is rich in gyms and fitness centers with modern equipment. Fans of water sports are waiting for the Dubai Marina Yacht Club, and lovers of skydiving can visit the Skydive Dubai helipad.
The largest shopping center in the area is Dubai Marina Mall. Its walls house boutiques of popular brands, beauty salons, and over 20 restaurants.