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Marina Residence, Dubai MarinaReady

Marina Residence, Dubai Marina

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HIGHLIGHTS

Marina Residence is a residential complex in Dubai Marina. Both towers have 16 floors above ground and an attractive glass exterior. Marina Residence was developed by Sharaf Group in 2006. There are a total of 172 residential units in the complex, including 1, 2, 3 and 4-bed apartments and 4 and 5-bed penthouses. Facilities include covered parking, high-speed elevators, 24-hour security and fitness options.

view of Marina Residence tower in Dubai Marina
Marina Residence is an apartment complex in Dubai Marina

Dubai Marina is one of the most coveted addresses in the city. Bayut & dubizzle’s Annual Sales Report for Dubai 2020 rates it as the most desirable vicinity for buying luxury apartments. It is home to multiple notable destinations, including Dubai Marina Mall, Marina Walk and Skydive Dubai.

Fitness facilities in Marina Residence include gymnasiums and swimming pools. Kids will find a playing area in the complex while families can spend time in the barbeque area and communal gardens. Residents can easily access amenities like supermarkets, restaurants, schools, hospitals and parks. The tower overlooks Sheikh Zayed Road with DMCC Metro Station right in front of it.

IN A NUTSHELL 

  • Type of building: Residential
  • Location: Dubai Marina
  • Developer: Sharaf Group
  • Date of completion: 2006
  • Number of floors: 16
  • Number of units: 172
  • Unit type: 1, 2, 3 and 4-bedroom apartments and 4 and 5-bedroom penthouses
  • Type of ownership: Freehold
  • Amenities: Gymnasiums, swimming pools, poolside deck, barbecue area, communal gardens, community area, covered parking, panoramic lifts, 24-hour security
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BUILDING DETAILS 

Facilities in Marina Residence

Parking

There are three levels of basement parking in Marina Residence, Dubai Marina.

Elevators

There are six high-speed elevators in Marina Residence, along with two panoramic lifts.

Security, Central Air-Conditioning and Maintenance Services

The building has 24-hour security with key card access.

Gym and Fitness Facilities

There are multiple fitness options in the complex. Residents can work out in the fully equipped gym in Marina Residence located on the ground floor. There’s another gym on the rooftop. Similarly, there are two swimming pools on the ground floor and one on the rooftop with a poolside deck. Jogging/cycling tracks are also part of the complex.

Lifestyle Amenities

Marina Residence, Dubai Marina has all the facilities required for luxurious living. Little ones can spend time in the dedicated playing area for children.

Concierge and Guest Services

The front desk in the building is active 24-hours.

Marina Residence Floor Plans

Bayut has put together Marina Residence floor plans in 2D and 3D formats. For more information, check out Bayut’s website.

Marina Residence Floor plans
Marina Residence A
Marina Residence B
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Apartment Types in Marina Residence

Marina Residence, Dubai has 172 residential units in total. Apartment types include 1, 2, 3 and 4-bedroom units. Penthouses, on the other hand, can have 4 or 5 bedrooms.

1-Bedroom Apartments in Marina Residence

1-bedroom apartments in Marina Residence, Dubai Marina have covered areas ranging from 602 sq. ft. to 1,071 sq. ft. They have two variants i.e. units with one and two bathrooms. Most 1-bed apartments available for rent and sale are also furnished.

2-Bedroom Apartments in Marina Residence

Marina Residence, Dubai Marina has 2-bedroom apartments with covered areas ranging from 1,071 sq. ft. to 1,950 sq. ft. These flats usually have two bathrooms, but some might even have an additional bathroom. Some apartments also have two balconies.

3-Bedroom Apartments in Marina Residence

3-bedroom apartments in Marina Residence, Dubai Marina come with a storeroom and a maid’s room. The covered areas for these flats start from 1,815 sq. ft.

1-Bed
2-Bed
3-Bed
4-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 12 hours ago

According to Bayut, 2-bedroom flats in Marina Residence enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 3-bedroom flats take up the third position on the list. 4-bed units rank in the fourth position.

Rental Trends in Marina Residence

Pricing details for renting apartments in Marina Residence are given below:

2-bedroom apartments vary in terms of the covered area by a great margin hence the price range is diverse. The rental prices quoted depend on the covered area, the number of bathrooms, views from the balcony and the furnishings in the apartment. For more options, one can browse apartments for rent in Dubai Marina.

Sales Trends in Marina Residence

The prices of apartments for sale in Marina Residence have the following trends.

These sales prices vary because of different factors, including the number of bedrooms, covered area, balcony side and dimensions. One can find several more apartments for sale in Dubai Marina with different price tags and features.

Rental Yield in Marina Residence

1-Bed
2-Bed
3-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 12 hours ago

1-bed apartments offer the highest ROI in Marina Residence of 8.02%. 2-bedroom flats generate about 7.29% return on investment. 3-bedroom flats offer an ROI of about 5.42%.

Service Charges in Marina Residence

General FundPrices Per Sq. Ft. in AED
Services
info
General upkeep of the building
2.55
Maintenance
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General repairs and replacements
1.33
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
7.34
Management Services
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Owner’s association charges for managing the property
2.06
Insurance
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Charge for the insurance of the building
0.22
Master Community
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Fees for communal facilities in the neighbourhood
0.50
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
1.00
Total 15.00

These are the services charges for Marina Residence* as per the Dubai Land Department. You can read more about Dubai service charges if you are interested in buying a property in the city.

*Please note that these service charges are subject to change.

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NEARBY AMENITIES

Transportation in Marina Residence

Residents with private cars can easily commute to other parts of the city via Sheikh Zayed Road. Neighbouring areas include Dubai Internet City, Knowledge Village, Emirates Hills, Jumeirah Heights, Al Barsha and Jumeirah Islands.

Bus Stations near Marina Residence

Jumeirah Beach Residence Bus Stop 2 is the nearest bus station. It is about 3 minutes away and is serviced by buses 8, 84 and N55.

Metro Stations near Marina Residence

Travelling by Dubai Metro is a convenient option for residents as DMCC Metro Station is about a 6-minute walk from the high-rise.

view of DMCC Metro Station in Dubai Marina
DMCC is served by the Red Line of Dubai Metro

Tram Stations near Marina Residence

Residents will find three Dubai Tram stations close to Marina Residence. Jumeirah Beach Residence 2 and Jumeirah Beach Residence 1 tram stations are 3 minutes and 6 minutes away, respectively. Dubai Marina Mall tram station is 5 minutes away.

Restaurants near Marina Residence

Restaurants near Marina Residence offer various cuisines. Eateries within a 10-minute drive include:

  • Five Guys
  • Operation Falafel
  • Aprons & Hammers
  • The Butcher Shop & Grill
  • Eggspectation
  • The Cheesecake Factory
  • Benihana
  • Bosporus Turkish Cuisine
  • Feta Restaurant
  • Alexandra Dhow Cruise
  • Uzbegim 
  • Kastan UAE
  • The MAINE Oyster Bar & Grill

For upscale dining, the nearest options include Dubai Marriott Harbour Hotel, Amwaj Rotana, Movenpick Hotel Jumeirah Beach and Marina Byblos Hotel. One can also dine at the following restaurants in Dubai Marina Mall:

  • Bistro Des Arts
  • McDonald’s
  • Shakespeare and Co. 
  • Le Pain Quotidien
  • Wagamama
  • Carluccio’s

Dubai Marina Mall is also less than 10 minutes away, so one can easily enjoy all the dining choices it offers including international food chains and popular local eateries.

Supermarkets near Marina Residence

Popular supermarkets near Marina Residence include:

  • Beach Waves Supermarket
  • W Mart Supermarket
  • Two Supermarket

All these supermarkets are less than 5 minutes away from the building. W Mart Supermarket is counted among the best supermarkets in Dubai, with many outlets and excellent product variety.

Nearby Buildings

  • Azure
  • The Cascades
  • La Riviera Tower
  • Yacht Bay Tower
  • Emerald Residence

Azure is a project of  Bonyan Emirates Properties. The 6-storey residential tower offers 1 to 4-bedroom apartments and duplexes with facilities like a rooftop swimming pool, a sauna and a gym. Azure is located adjacent to Marina Residence within a 2-minute walking distance.

The Cascades developed by Mustafa bin Abdul Latif Group has 17 floors above ground. Located right next to Marina Residence, the tower was completed in 2006 and offers studio, 1, 2 and 3-bed units. Facilities include a gym, children’s play area, squash court and outdoor swimming pool.

La Riviera Tower is a 37-storey residential building completed in 2005. The project by Riviera Group offers 2, 3, 4 and 5-bedroom residential units with fitness options like a gymnasium, swimming pool, sauna, jacuzzi and steam room. La Riviera Tower is less than a minute’s walk from Marina Residence.

Another residential tower nearby is the Yacht Bay Tower. Located within a 2-minute walking distance from Marina Residence, the tower’s exterior follows a boating theme. One can find studio, 1, 2 and 3-bedroom apartments on its 16 floors. It is a project of Star Group Global and was completed in 2007.

Emerald Residence by Vakson Real Estate is a 7-storey residential building in Dubai Marina. Completed in 2006, it offers 2, 3, and 4-bedroom apartments with a good set of facilities and fitness options. One can find it within a 2-minute walking distance from Marina Residence.

Major Landmarks

  • Dubai Marina Mall
  • Dubai Marina Walk
  • Skydive Dubai

Dubai Marina Mall is one of the top malls in Dubai. It is about 7 minutes away from the building and offers a wide range of shopping, dining and entertainment options for visitors.

Dubai Marina Mall
Dubai Marina Mall is the go-to shopping and leisure destination in the area

Dubai Marina Walk is full of restaurants and shopping options, set along the beautiful marina offering beautiful views and environment. It is about 9 minutes away from the building.

Dubai Marina Walk
Dubai Marina Walk offers amazing shopping and dining options

Skydive Dubai offers world-class skydiving facilities near Dubai’s shoreline. It is about 11 minutes away from Marina Residence.

Things to Consider

Marina Residence is located in Dubai Marina, one of the most popular neighbourhoods in the city. Residents enjoy quick access to restaurants, bars, resorts, supermarkets, nightclubs and hotels. The building itself has all the necessities that any residential complex must-have for a convenient lifestyle.

Are you looking to buy or rent apartments in Marina Residence?
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