Is Dubai Marina A good investment?
Dubai Marina is a popular destination for travellers and an ideal place for invester with many reasons to invest. Read this blog and find your best reason.
Dubai Marina is a popular destination for travellers and an ideal place for invester with many reasons to invest. Read this blog and find your best reason.
Dubai is man-made heaven on earth and a financial hub of the Middle East. This city attracts a good number of tourists, property buyers & real estate investors from all over the world. Even though there are different types of investment options available in this city, real estate is a notable one. Now the biggest question is - where to invest in Dubai?
The only answer to this question is Dubai Marina.
Again a new question - Is Dubai Marina A Good Investment?
The answer is yes, and we have many good reasons to support this answer. Here in this blog, we have listed some of the best reasons.
As you know that Dubai Marina is one of the most popular communities in Dubai. Many real estate investors & home seekers continuously looking for property here and the effect of this popularity is visible in the occupancy rate which is consistently maintaining a +90% rate. It is the best opportunity for investors who are looking for the best property in Dubai and earn excellent rentals all year round.
Dubai has become one of the world’s favourite holiday destinations with a total of International Visitors from Jan to June 2022 is 7.12 Million. So these visitors need accommodation for short term, long term and permanent and boosting the demand & value of residential communities like Dubai Marina.
Dubai Marina is one of the few regions in Dubai where you can expect a high rental price for luxury properties. This is the best place in Dubai for those who plan to find apartments with 1, 2 or 3 Bedrooms. According to the different statistics & Data from reputed sources, the rent of 2 bedroom apartments in the best residential project is:-
Development with 2 BED Apartments for rent |
Average Rent (Annually) |
52 | 42 |
AED 153, 000 |
Marina Residences |
AED 115, 000 |
Marina Diamonds |
AED 111, 000 |
That’s an approximation of the top developments to rent 2 Bed units in Dubai Marina. If you are looking for something else then you can visit our Dubai Marina community page.
The price of every unit in Dubai Marina depends on different factors like the area of the apartments, the floor of the apartment, the view and many more. According to top real estate investment companies in India, a 60 sq. meter apartment of 1 Bed in Dubai Marina will cost you around AED 0.9 Million. A luxury 1-bed apartment with an area of 200 sq. meters in prestigious residential development will cost you approx AED 7 Million. The average asking sale transaction price in Dubai Marina is AED 1.32 Million, the average transaction sale price is AED 1.90 Million and the average gross yield is 6.80%.
There are many residential options available in this area, but if you are looking for the best-reputed brand then currently 3 options are available Emaar Properties - Emaar 52 | 42, Emaar Vida Residences and Emaar Marina Shores.
This region in Dubai is also known as an entertainment hub for visitors.
Here is the list of entertainment options available in Dubai Marina:
Marina Mall is a famous place here that offers the best window shopping experience. A small but cosy place, comprising approx 130 stores on 4 levels. Here you can shop from the best brands, and enjoy delicious food in the restaurants with eye-catching views of the surroundings.
Dubai Marina is constantly developing & transforming, most of the areas are still under construction. So, every time this is something to visit here.
As this is one of the favourite tourist places in Dubai, the region is full of multi-cuisine restaurants, bars and cafes. All these restaurants serve the best food and specialize in individual cuisine. Some of the best restaurants & their specialities are:-
Couqley French Bistro & Bar - This French cuisine restaurant is famous for different types of soups, cakes, beef tartare and much more. You can visit this restaurant every day from 12 PM to 1 AM. You can also enjoy vegetarian & vegan dishes here.
Asil Restaurants - This Turkish restaurant serves delicious Lebanese, Moroccan and Turkish cuisine. Open every day from 1 PM to 2 AM. Even though non-veg food is the speciality of this restaurant but you can enjoy the best vegetarian & vegan dishes.
La Fontana Restaurant - Here you can enjoy the international cuisine of different countries but Mexican, Asia and Arabic are the specialities of this restaurant.
This region has two metro stations (Sobha Realty Metro Station previously known as Dubai Metro Station and DMCC Metro Station).
Dubai Marina is one of the busiest areas in Dubai, and the roads tend to be congested during peak hours. So commuting by metro is the best choice.
The Dubai Tram is the other best option for travelling between Jumeirah Beach Residences to Al Sufouh. As well as, nearby Sheikh Zayed Road makes you commutable from Dubai Downtown and other big locations of Dubai.
As you know that Dubai Marina is now the dream of every real estate investor & home buyer in Dubai. Property Demand in Dubai Marina is high and supply is limited, so finding the best option as per your budget & requirement is not an easy task here, especially if you are a newcomer.
There are lots of real estate agents & countless home buyers roaming in Dubai Marina for better opportunities but opportunities are getting tighter every day.
But, don’t worry we have the best way to overcome these hurdles. Dubai Housing, one of the leading names in real estate in Dubai, has been working as a channel partner of reputed real estate developers since its inception.
Our real estate professional can help you in making your property-buying journey smoother by finding out the best options for you.
From site visits to after-sales services, they can do it all for you. We have a good team of qualified professionals with deep & latest knowledge of the Dubai real estate market