Area Overview: Dubai Marina
Serenity, tranquillity and a perfect blend of luxury – Dubai does not fall short of opulent neighbourhoods. The city boasts several of the world’s most renowned luxury areas. Speaking of the most luxurious and popular areas in the city, Dubai Marina remains a prominent name.
The affluent neighbourhood is known for the surrounding beaches, al fresco dining and ritzy lifestyle. For visitors to Dubai, the chances of Dubai Marina not being on their must-visit list are fairly low. The popular area has rightfully earned its mantle as one of the most attractive and lucrative place for visitors, residents and investors in the UAE.
A Bird’s Eye View
The luxury area was developed in 2003 by Emaar – one of the leading real estate developers in Dubai and the UAE. It covers an area of 50 million square feet. Additionally, an enormous coverage of 3.5 kilometres of water canal makes Dubai Marina one of the largest man-made marinas in the world.
Dubai Marina offers a Riviera-style lifestyle with the way the area is built. Moreover, the area is home to some of the most luxurious apartments and skyscrapers. Residents can enjoy the majestic coastline views from the high towers. The breathtaking views of the marina from apartment complexes make it a formidable option for upscale living.
Furthermore, Dubai Marina is in proximity to some of the other popular areas in the city, including the following:
- Jumeirah Lake Towers
- Dubai Media City
- Palm Jumeirah
- Dubai International Financial Centre (DIFC)
- Dubai Internet City
- Al Sufouh
- Jebel Ali
- Jumeirah Heights
- Barsha Heights
Properties in Dubai Marina
When it comes to living or investing in Dubai Marina, the luxury area has a plethora of options. Popularly known as the ‘tallest block in the world’, Dubai Marina houses 5 of the 10 tallest buildings in the world.
Therefore, apartment buildings remain a popular living and investment choice in the area. As per the dubizzle H1 2023 Dubai property sales report, Dubai Marina remains the top choice for buying luxury apartments in Dubai. Property seekers can find a wide variety of apartment buildings in the area.
PROPERTIES FOR SALE IN DUBAI MARINA
Dubai Marina has many luxury villas to offer. The podium-level villas come equipped with all the amenities people look for when buying villas in Dubai. Moreover, people can select villas with 2 to 6 bedrooms within the area.
However, the area is fairly popular for the many apartments on offer. During H1 2023, apartments in the luxury area offered an impressive ROI of 7.19%. Whereas the average sale price for apartments in Dubai Marina was recorded at AED 2.25 million.
POPULAR BUILDING | ROI | AVERAGE PRICE (AED) | STUDIO | 1-BED | 2-BED |
Manchester Tower | 9.65% | 922,000 | 506,000 | 681,000 | 1,113,000 |
Marina Diamonds | 8.36% | 879,000 | 573,000 | 746,000 | 1,237,000 |
Escan Marina Tower | 8.84% | 947,000 | 548,000 | 738,000 | 1,168,000 |
DEC Towers | 9.17% | 1,168,000 | NA | 847,000 | 1,280,000 |
Marina Pinnacle | 8.61% | 590,000 | 590,000 | 883,000 | 1,365,000 |
PROPERTIES FOR RENT IN DUBAI MARINA
Renting remains a considerable option for people wanting to get a taste of life in Dubai Marina. The many skyscrapers within the community have different apartment types available for rent. Additionally, high-end living seekers can rent out the villas available in the area.
As per dubizzle data, Dubai Marina has ranked first on the list of most popular luxury areas for renting apartments in Dubai. The luxury apartments in the area have an average rent of AED 144k during H1 2023.
Marina Diamonds | Average Yearly Rent (AED) | Studio | 1-Bed | 2-Bed |
Marina Diamonds | 71,000 | 56,000 | 67,000 | 93,000 |
Escan Marina Tower | 76,000 | 51,000 | 70,000 | 94,000 |
Manchester Tower | 79,000 | 55,000 | 71,000 | 90,000 |
Marina Pinnacle | 96,000 | N/A | 78,000 | 107,000 |
Princess Tower | 128,000 | N/A | 99,000 | 133,000 |
Life in Dubai Marina
The process to buy or rent property in Dubai is rather easy. In addition to property investment and luxury living experience, Dubai Marina offers a whole lot to the residents of the community.
Let’s dive into the details and discover the many amenities making Dubai Marina a popular area.
AMENITIES AND FACILITIES
Dubai Marina’s prime location makes it a highly desirable place in the Emirate. Moreover, the area ticks all boxes when it comes to basic facilities, high-end amenities and exclusive luxuries. Residents can find everything one would expect from an area of this stature.
SHOPPING MALLS
For all shopaholics, the luxury area has several malls. From brand outlets to retail stores, the mega malls house shops for anything and everything residents may want. For an upbeat shopping experience, residents can visit any of the malls. The prominent malls in Dubai Marina include:
- Dubai Marina Mall
- The Beach, JBR
SUPERMARKETS
The malls in Dubai Marina are home to many shops for all grocery needs. However, these aren’t the only supermarket options for the residents. Other supermarkets in the luxury area include:
- Spinneys
- Al Maya
- West Zone Supermarket
Moreover, several branches of convenience stores are located in buildings all around the area. All these contribute to facilitating the residents further.
CYCLING TRACKS AND GYM
As Dubai Marina provides a lifestyle for all, how can fitness enthusiasts be left behind? Apart from the many eateries, Dubai Marina Walk is a great choice for walks, running and cycling.
Additionally, the bike rental stations and quad bikes for children, provide cycling options on the Marina Walk. The luxury and spacious apartments offer ample space to build a home gym in Dubai home. However, people wanting a more socialising experience can opt for popular gyms such as SUP Fit and TribeFit, among many more.
PUBLIC TRANSPORT FACILITIES
Easy access to major roads and public transport options remains a major feature of every project. The parking spaces in the area and apartment complexes make having a car a convenient experience. However, the area also offers easy access to a couple of Dubai’s major public transportation options.
For instance, there are two Dubai Metro stations in the area – DMCC Metro Station and Sobha Realty Metro Station. Moreover, people can also opt for the Dubai Tram for exploring the majestic city. The community has Marina Towers Tram Station, among several others.
SCHOOLS
Residents can find several nurseries in the Dubai Marina area for young starters. For instance, Raffle Nursery at Dubai Marina Walk has a walking distance from the community.
Additionally, for upper grades, many known schools are located in nearby areas such as Jumeirah, The Springs and Umm Suqueim. Some of the popular schools include:
- Horizon International School
- King’s Dubai School
- Dubai British School
For higher education seekers, Knowledge City is in proximity to some of the best universities, including:
- Middlesex University Dubai
- University of Bradford Dubai
- University of Wollongong
HOSPITALS AND CLINICS
When it comes to well-being, Dubai Marina has many known hospitals and clinics inside the area and in proximity. Some prominent names include:
- Medcare Medical Centre Marina
- Emirates Hospitals Clinic
- Al Zahra Hospital and Saudi German Hospital
Moreover, there are multiple pharmacies located all around the Dubai Marina area.
CAFES AND RESTAURANTS
Food lovers can easily find many of the best restaurants in the Dubai Marina area. The variety of restaurants offers foods of different types suited for various taste buds. The major restaurants and cafes in Dubai Marina include:
- Perfetto Pizzeria
- The Acai Spot
- Itsu
- Pier 7
- Shakespeare & Co
- Gyros
- Salt and Done
Some of the restaurants offer majestic skyline views. Moreover, residents can also get a taste of the famous nightlife with the many bars in the Dubai Marina area. Some popular names include Atelier M, Shades and Cargo Dubai.
Furthermore, film maniacs can visit the Dubai Marina Mall cinema to enjoy movies on the big screen. The Reels Cinema at Dubai Mall offers a great cinematic experience to all cinema-goers.
FAQs
Is Dubai Marina a Good Place to Stay?
For people looking for a luxurious and affluent living experience, Dubai Marina is one of the best options. The ideal location and many amenities make the area highly attractive for living.
Is Dubai Marina a posh area?
With luxury properties and other facilities, Dubai Marina is one of the most up-scale areas in Dubai.
What is Special About Dubai Marina?
The man-made marina is among the first of its kind. Surrounded by picturesque views and skyscrapers, the area offers a unique living experience.
Is Dubai Marina Freehold?
Dubai Marina is a freehold area – allowing non-residents and foreigners to own properties.
This brings us to the end of the Dubai Marina area guide. The luxury area remains a popular tourist, resident and investor choice. With the many luxury amenities and the things to do in the Dubai Marina area, there is something for everyone to cherish and enjoy.
Dubai Marina remains one of the popular freehold areas in Dubai – allowing foreign nationals to buy properties. For investors, renting a property in Dubai for short term also remains a formidable option. Particularly, if they own a property in an area such as Dubai Marina. That said, go through the comparison between freezone vs freehold in Dubai to decide the best option for yourself.
All in all, Dubai Marina is the perfect place for living a luxurious life with all amenities and then some. If you want to buy a place in this popular area, browse through these properties for sale in Dubai Marina and have your pick. On the other hand, if you are looking to rent a place, there are many luxurious rental properties in Dubai Marina for you to choose from.
Stay tuned to dubizzle’s property blog for area overviews about popular areas and more.