Apartments for sale in Dubai Marina under AED 2M
Want to buy an apartment in Dubai Marina at a reasonable price? This coveted waterfront destination is known for its upscale and happening lifestyle. But even with the luxury element attached to it, Dubai Marina is still home to some reasonably-priced residential properties. Let’s look at some of the top buildings to buy apartments in Dubai Marina under AED 2M.
WHY BUY AN APARTMENT IN DUBAI MARINA?
Dubai Marina is one of the most sought-after addresses in the emirate due to its prime location. Aside from luxury skyscrapers, this impressive community is popular for its retail, dining and entertainment venues.
Attractions in the area include Dubai Marina Mall, Dubai Marina Walk, Pier 7 and Dubai Marina Yacht Club. Furthermore, the area’s position as one of the freehold areas in Dubai adds to its allure for local and foreign investors. Apartments in the area can generate projected ROIs of around 7.15%, which makes these properties a lucrative addition to investment portfolios.
POPULAR BUILDINGS WITH APARTMENTS FOR SALE IN DUBAI MARINA UNDER 2M
Looking for apartments in Dubai Marina under AED 2M? Here are the most popular buildings that offer properties in this range.
- Marina Diamonds
- Manchester Tower
- DEC Towers
- Marina Pinnacle
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Based on searches conducted by users on Bayut.com over the past 12 months
MARINA DIAMONDS
Marina Diamonds complex features six mid-rise residential buildings known for their favourable ROIs that average at 7.84%. It is one of the popular choices to buy an apartment in Dubai Marina under AED 2M.
Residents in Marina Diamonds can take advantage of several amenities such as shared gym facilities, sauna, steam room, swimming pool and a 24-hour concierge service.
With an average sales price of AED 704k for studios, AED 1.54M for 1BHK and AED 1.82M for 2BHK, Marina Diamonds offer great value for money.
MANCHESTER TOWER
Manchester Tower is a project of the Manchester Real Estate Group. It is the one of the most sought-after residential building with apartments for sale in Dubai Marina under AED 2M in Dubai Marina. Apartments in this building have projected ROIs averaging at 8.41%.
The 30-storey building is particularly popular among those looking to buy cheap apartments in Dubai Marina. It lies adjacent to Al Seba Street, which connects it with King Salman bin Abdul Aziz Al Saud Street (D49). Residents have access to amenities like a rooftop communal swimming pool and gymnasium.
It is a pet-friendly development. However, tenants are advised to seek their landlord’s permission before bringing their pets.
You can find 1-BHK flats for sale in Manchester Tower for a price of AED 1.16M, making it an affordable option with apartments for sale in Dubai Marina. You can refer to the floor plans for Manchester Tower for a closer look at the apartments’ layouts.
DEC TOWERS
DEC Towers is located just a short distance from Marina Walk, which gives residents easy access to multiple cafes and restaurants in the vicinity. Additional perks for residents include a daycare centre, jogging track and several sporting facilities for kids.
Parking space allocation in the building depends on the apartment type. Those living in 1-bed units receive one slot. While residents with 2BHK homes get more parking space.
You can buy a studio apartment in this complex for an average sale price of AED 748k. The 1-bedroom flats for sale in DEC Towers average at AED 1.25M and the 2-bedroom units are usually sold for AED 1.97M. These apartments generate an average rental yield of 8.27%.
MARINA PINNACLE
Marina Pinnacle is one of the tallest residential buildings in the UAE and is located on Al Sharta Street, adjacent to the Marina 101 building. It has three dedicated levels for parking.
Apart from the swimming pool and gym facilities, residents at Marina Pinnacle also have access to a jacuzzi. A 24-hour concierge and reception are available for the convenience of residents and guests.
Looking to buy a permanent home or simply invest in the building? You can buy a studio for AED 850k. A 1-bedroom apartment in Marina Pinnacle will cost you around AED 1.26M, which is below the 2M mark making it one of the most affordable properties in Dubai Marina. These apartments can generate average rental returns of 6.92% annually.
FREQUENTLY ASKED QUESTIONS
Where else can I find 1-bed flats in Dubai Marina?
Aside from the buildings mentioned above, buyers can also consider Sulafa Tower, Dream Towers, Elite Residence and Marina Park for Dubai Marina flats for sale. It is also a good idea to explore the pros and cons of living in Dubai Marina before you move to the area.
Where can I rent affordable apartments in Dubai Marina?
Want to live as a tenant in the community? Luckily there are several buildings popular for rent in Dubai Marina, like Marina Diamonds, Marina Gate, etc.
That’s all for our roundup of the buildings where potential investors can buy apartments for sale in Dubai Marina under 2M. If you’re looking for luxurious apartments in Dubai, you can consider Burj Khalifa, City Walk and Bluewaters Residence.
Want to invest in a villa? Our guide lists the top five areas to buy 4-bedroom villas in Dubai under 3.5M.