DUBAI MARINA
Bragging rights
SKYSCRAPERS * MARINA * YACHTS * RESTAURANTS
It does not get better than the Dubai Marina if you are looking to live in one of the city’s most stylish neighborhoods. It is a high-rise district home to residential and serviced apartments and hotel towers offering an array of entertainment venues and restaurants.
There is no shortage of things to do in Dubai Marina for sure. The popular destination is known for being a hip and glitzy neighborhood. Dubai Marina attracts young professionals from a mix of different nationalities but tends toward European.
The upscale neighborhood mainly attracts those who work in Dubai Media City and Jebel Ali Free Zone or JLT because of its proximity to their workplace. Furthermore, those that have chosen to work in Abu Dhabi but live in Dubai often prefer to reside in the Marina, since it allows for a manageable commute.
Dubai Marina is a playground for social butterflies who love living life to the fullest. Marina residents love the water views from the buildings’ balconies, whether of the marina itself or of the open sea poised by some of Dubai’s most recognizable skyscrapers.
HOUSE PRICES
Avg. 1 Bedroom Apartment Asking Price: 1,206,250 AED
Avg. 1 Bedroom Apartment Rental Price: 68,000 AED
Avg. Gross Yield: 5.64%
The Market: Mid to high-range apartment towers, serviced apartments and hotel towers flanked by a marina and the beach.
Dubai Marina is one of the most sought-after neighborhoods 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 popular area for renting luxury apartments in Dubai generating the highest number of user searches according to 2020 Dubai Real Estate Market Report.
