Introduction To Dubai Maritime City
Dubai Maritime City is located in Dubai, United Arab Emirates developed to be a specialized hub for the maritime industry and various factors such as ship repair, shipbuilding, maritime services, and offshore support. The main aim of Dubai Maritime City is to provide a balanced ecosystem for the Maritime business and related activities.
Dubai Maritime City is easily commutable from Dubai's port and major industry which is one of the most important factors for its speedy development over the years. Dubai Maritime City is being developed across approximately 2.27 million square meters, It is offering a bunch of residential studio apartments and upscaled homes with excellent amenities and facilities. According to research and real estate professional consultants, it is stated that this is estimated to become UAE'S Major center in the future.
Also, the return of investment on your property in Dubai Maritime City would be higher as compared to others. Return on Investment (ROI) is one of the most prime factors in terms of choosing the property as an investment. ROI generally refers to the profit made from real estate excluding the amount or expenditure of the investment, it generally includes purchase price or any additional cost related to maintenance or renovation. According to the market experts and real estate researchers, the average Return of Investment in Dubai for residential properties varies approximately between 5-7 and 7-9%, and an average budget to buy a townhouse or villa in Dubai Sports City would look like :
Dubai Maritime City drew attention of investors, homebuyers and even domestic and foreign developers across the globe by setting a bar of providing top-notch quality, facilities and amenities with cheaper rates as compared to the current market standards. Dubai Maritime City is a maritime focused development project touching heights and going above the belt day by day. It also consists of some special zones including industrial areas, commercial areas, and residential spaces, all designed to fulfill the specific needs of the maritime sector.
APPROXIMATELY BUDGET NEEDED TO BUY/RENT IN DUBAI MARITIME CITY
SNO | PURPOSE | BUDGET (INR) | BUDGET (AED) |
1 | BUYING | 60,000,000 - 100,000,000 | 3 Million - 5 Million |
2 | RENTING | 1,200,000-2,000,000 | 60,000-100,000 |