For years, the Marina has been Dubai’s most coveted area for buying an apartment and is showing no signs of giving up the throne. Dubai Marina promises a gorgeous waterfront view and some of the most state-of-the-art apartment complexes Dubai has to offer, granting its residents access to some of the city’s finest when it comes to dining, entertainment, sport, fitness and hotels. This area has become particularly attractive for individuals looking to buy and invest in a modern apartment, whether it be for business, post-retirement or buy-to-rent.
Accessibility and Commute Times to/from Dubai Marina - Dubai Marina is conveniently located just off Sheikh Zayed Road for ease of travel by car. Those who prefer public transport have easy access to both the metro via DAMAC Properties metro station or The Dubai Tram via Marina Mall station, DAMAC Properties station, Marina Towers station and Mina Seyahi station. The tram is recently completed in 2014 and has ensured sustained real estate demand in the area by connecting the Marina to trending communities like JBR, JLT, Palm Jumeirah, Media City and Knowledge Village. It runs every six minutes, 20 hours a day from 5 AM – 1 AM.
Apartments in Dubai Marina - Dubai Marina has the potential for a range of apartment investments. From the not very expensive studio apartments for sale in almost all the towers to a five-bed and five bath flat in some of Marina’s more expensive towers like Ariana Tower, near the metro station, you are sure to find something to your liking and requirements. The consistent popularity of Dubai Marina is such that there is a guaranteed occupancy rate. And with projects like the Dubai Eye opening on Dubai’s coast soon, this area is anticipated to only grow in interest regarding apartment buying in Dubai. Some of the more popular high-end towers along the Marina are Princess Tower, The Torch and the Emaar 6 towers while on the lower economic scale the Diamond Towers (Diamonds 1 – Diamond 6) are widely held.
Potential for Return on Investment in Dubai Marina - Depending on where you’re standing in Dubai Marina, there’s a clear view across the water to Palm Jumeirah. And much like the Palm, the man-made marina was a carefully constructed engineering project. Designed by Emaar Properties, there is no denying that the extravagant Dubai Marina is one of the more expensive areas in Dubai, but it retains its popularity amongst investors due to its good rental return. Recent data showed gross and rental returns on apartments in Dubai Marina stand at 8.10 per cent and 7.16 per cent respectively.
Lifestyle and Community in Dubai Marina - Owning an apartment in Dubai Marina means to live in close vicinity to the cafes, shopping outlets and restaurants in Marina Walk, Dubai Marina Mall, Pier 7 (a tower of gourmet restaurants) and JBR The Beach. Buy a unit in Dubai Marina, and you will soon start to understand the stereotype that Marina residents seldom leave the man-made canal city. Once the sun goes down, living in Dubai Marina puts the famous Dubai lifestyle destinations like The Buddha Bar, Barasti and Zero Gravity on your doorstep.