Dubai Marina as Important Real Estate Center Real estate market in the UAE appears to be the most stable and commercially viable for foreign investors.
Businessmen from all over the world invest huge sums of money in property in the most popular cities of the country. Dubai, with its luxury neighborhoods, is not an exception. What is more, the number of foreign money flows only increases each year.
Perspective investors and people, who intend to move to Dubai for permanent residence, identify Dubai Marina as one of the most attractive neighborhoods.
Although the prices property in Dubai Marina goes up, they undoubtedly match the quality of developments. Why do people choose Dubai Marina? What are popular developers and their successful projects? How lives are changed by obtaining property in the locality? Let`s discuss these questions one by one.
Hundreds of People Choose Property in Dubai Marina
Being an incredibly attractive neighborhood, Dubai Marina welcomes loads of tourists, investors, and employees every year. The yacht harbor, where the most luxurious ships are moored, is surrounded by tall skyscrapers reflecting in the waters of the canals.
Dubai Marina extends from Al Sufouh Road and includes the waterfront Jumeirah Beach Residence (JBR). It is one of the busiest areas of the city and will appeal to all visitors.
The area is so versatile that everyone can find something unique to fall in love with. However, we are ready to describe objective reasons why people choose Dubai Marina.
- Cost-efficient economic perspectives are at the top of the list. The main objective of the Dubai Marina project is to build an artificial city, which will include everything necessary for the comfortable existence of people, raising their status and quality of life. And this aim will be achieved, there is no doubt.
- The experts define Dubai Marina as the district with the highest investment return. Its size depends on specific property characteristics, such as footage, amenities, and so on. The average number is from 5,5% up to 7%.
- Dubai Marina is a massive tourist center which means a constant flow of potential tenants. As a rule, freelancers and employees coming to the country are looking for good rental options. That`s why the demand for houses is guaranteed.
- The abundance of developments of different types allows people to invest in offices, restaurants, shops, and other infrastructure. Considering the purchase of a real estate for permanent living, the locality also presents a wide selection of housing options in each corner.
- Perfect location and an efficiently maintained system of public transport contribute to the popularity of the district. Two metro stations, trains, buses, and ferry lines work effectively to get its residents to the necessary point in a minimum of time.
Residential Complexes in Dubai Marina
Dubai Marina is famous for its towering skyscrapers, offering stylish apartments, and near proximity to the harbor. Searching for the most beneficial residences, pay attention to the following residential complexes in demand:
- Studio One Tower is the complex with the highest return on investment of 7,03%. The property price starts from AED 638,000 for a studio and reaches AED 1,500,000 for a two-bed apartment.
- Manchester Tower gives 6,82% of ROI. The apartments of AED 469,000 and up to AED 1,089,000 are available for purchase.
- Marina Diamonds is ranked third, offering 6.80% of ROI. The cost of real estate here reaches AED 1,000,000. However, cheaper variants are also present.
- Marina Pinnacle focuses on 1, 2, and 3-bed flats and gives a 6,59% of return. The defined prices overcome the level of AED 700,000.
- Marina Gate is a residential complex with a lower RIO of 6,41%. Nevertheless, the apartments in the premium segment are available for more than AED 1,500,000.
As is seen from the information above, the residential complexes vary in investment return. Besides, the difference in prices is significant.
Real Estate Agency in Dubai Marina
Property agents are specialists that know all the hidden threats in the sphere. Especially, if we talk about the consultants from the real estate agency Ax Capital. The workers with many years of experience and a comprehensive portfolio of successful cases identify the needs of an investor.
The scope of luxury houses is represented on the website and waiting for examination. Addressing Ax Capital reduces the chance of mistakes and unpleasant situations in the process of buying. Impose a responsibility on the trusted people.
To Sum Up the Valuable Information
Dubai Marina is ranked as the neighborhood with the highest investment return and the biggest number of luxury apartments. Villas and flats worth millions of dirhams are sold every year.
Considering the advantageous location, presence of advanced facilities, and chic atmosphere, we can say that the benefits harmonize with the costs.