Cap rate (rental yield) in Dubai Marina area in Dubai is from 0.7% to 14.9%. The median cap rate in is 6.6%.
The maximum cap rate in Dubai Marina is 14.9% at Al Fattan Marine Towers project. The minimum cap rate in Dubai Marina is 0.7% at Five Luxe project.
Sales prices for off-plan (pre registration and delayed sell) properties in Dubai Marina
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
51
71,308
3,602,500
1
74
32,752
2,439,832
2
118
38,929
4,612,616
3
180
42,184
7,607,401
4
308
44,317
13,668,639
Sales prices for completed properties in Dubai Marina
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
41
22,319
911,556
1
71
20,566
1,466,467
2
113
21,281
2,395,169
3
205
18,229
3,731,331
4
337
15,505
5,221,000
Rents in Dubai Marina
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
Studio
45
1,657
74,835
1
76
1,447
110,430
2
124
1,386
172,452
3
186
1,512
281,354
4
360
1,463
526,667
Price for off-plan Studio apartment in Dubai Marina is 3,602,500 AED or 71,308 AED/sqm. Price for off-plan 1 bedroom apartment in Dubai Marina is 2,439,832 AED or 32,752 AED/sqm. Price for off-plan 2 bedroom apartment in Dubai Marina is 4,612,616 AED or 38,929 AED/sqm. Price for off-plan 3 bedroom apartment in Dubai Marina is 7,607,401 AED or 42,184 AED/sqm. Price for off-plan 4 bedroom apartment in Dubai Marina is 13,668,639 AED or 44,317 AED/sqm.
Price for completed Studio apartment in Dubai Marina is 911,556 AED or 22,319 AED/sqm. Price for completed 1 bedroom apartment in Dubai Marina is 1,466,467 AED or 20,566 AED/sqm. Price for completed 2 bedroom apartment in Dubai Marina is 2,395,169 AED or 21,281 AED/sqm. Price for completed 3 bedroom apartment in Dubai Marina is 3,731,331 AED or 18,229 AED/sqm. Price for completed 4 bedroom apartment in Dubai Marina is 5,221,000 AED or 15,505 AED/sqm.
Rent in Dubai Marina is 15,505 AED/sqm/year on average for long term rent of an apartment.
Rent for Studio apartment in Dubai Marina is 74,835 AED or 1,657 AED/sqm. Rent for 1 bedroom apartment in Dubai Marina is 110,430 AED or 1,447 AED/sqm. Rent for 2 bedroom apartment in Dubai Marina is 172,452 AED or 1,386 AED/sqm. Rent for 3 bedroom apartment in Dubai Marina is 281,354 AED or 1,512 AED/sqm. Rent for 4 bedroom apartment in Dubai Marina is 526,667 AED or 1,463 AED/sqm.
Dubai Marina is a vibrant waterfront community located in Dubai, United Arab Emirates. It is one of the most popular residential areas in the city and offers a unique lifestyle experience. Here are some key distinctive features of Dubai Marina:
* Waterfront Living: Dubai Marina is built around a man-made marina that stretches over 3 kilometers, providing residents with picturesque waterfront views. The marina is lined with yachts, boats, and a promenade that offers a variety of dining, shopping, and entertainment options.
* High-Rise Living: The skyline of Dubai Marina is dominated by high-rise residential towers, offering luxurious apartments and penthouses with stunning views of the marina, the Arabian Gulf, and the city skyline. The area is known for its modern and upscale architecture.
* Amenities and Facilities: Dubai Marina offers a wide range of amenities and facilities, including restaurants, cafes, supermarkets, fitness centers, spas, and recreational areas. Residents can enjoy a cosmopolitan lifestyle with easy access to various services and conveniences.
* Promenade and Marina Walk: The Marina Walk is a popular waterfront promenade that spans the entire length of Dubai Marina. It is a bustling area with a variety of restaurants, cafes, and shops, making it a vibrant hub for residents and visitors alike.
* Access to Beaches: Dubai Marina is situated close to several pristine beaches, including Jumeirah Beach Residence (JBR) Beach and The Beach at JBR. Residents have convenient access to beachfront activities, water sports, and leisure options.
* Proximity to Attractions: Dubai Marina is centrally located, providing easy access to major attractions and business districts in Dubai. It is in close proximity to popular destinations such as Dubai Marina Mall, Palm Jumeirah, and the Dubai Marina Yacht Club.
Despite its many advantages, it's important to consider some potential disadvantages of living in Dubai Marina:
* Congestion and Traffic: Dubai Marina is a bustling area, and traffic congestion can be a challenge, especially during peak hours. Parking can also be limited in some areas.
* Higher Cost of Living: Living in Dubai Marina, particularly in high-end residential towers, can come with a higher cost of living compared to other areas in Dubai.
* Noise Levels: The area can be lively and vibrant, which may result in higher noise levels, especially in buildings located close to restaurants, cafes, or nightlife venues.
Construction Activity: Dubai Marina has seen significant development and construction in recent years. While this
Area guide for property buyers in Dubai Marina
What areas are cheaper than 'Dubai Marina' area in Dubai but provide a similar quality of living?
1. Jumeirah Lake Towers
2. Discovery Gardens
3. Al Barsha
4. Jumeirah Village Circle
5. International City
6. Al Warqa
7. Al Quoz
8. Al Khail
9. Business Bay
10. Mirdif
What areas are better than 'Dubai Marina' area in Dubai and why?
1. Downtown Dubai: Downtown Dubai is a bustling area of Dubai that offers a variety of attractions, including the iconic Burj Khalifa, the world’s tallest building, and the Dubai Mall, the world’s largest shopping mall. It is also home to many luxury hotels, restaurants, and entertainment venues.
2. Jumeirah Beach Residence (JBR): JBR is a popular beachfront area of Dubai that offers a wide range of activities, including swimming, sunbathing, and beach sports. It is also home to many restaurants, cafes, and shops.
3. Palm Jumeirah: Palm Jumeirah is an artificial archipelago in the shape of a palm tree that is connected to the mainland of Dubai. It is home to many luxury resorts, restaurants, and attractions, including the Aquaventure Waterpark and the Lost Chambers Aquarium.
4. Business Bay: Business Bay is a commercial and residential area of Dubai that is home to many offices, hotels, and shopping centers. It is also close to many attractions, such as the Dubai Canal and the Dubai Mall.
5. Al Barsha: Al Barsha is a residential area of Dubai that is home to many parks, restaurants, and shopping centers. It is also close to many attractions, such as the Mall of the Emirates and Ski Dubai.
Where is 'Dubai Marina' area in Dubai located?
Dubai Marina is located on the coast of the Persian Gulf in the heart of Dubai, between the Palm Jumeirah and Jumeirah Beach Residence.
What are the things to do in and around 'Dubai Marina' area in Dubai and what are their locations?
1. Dubai Marina Walk: Located on the waterfront of Dubai Marina, this 3.5 km walkway is a great spot for a leisurely stroll.
2. Dubai Marina Mall: Located in the heart of Dubai Marina, this mall offers a variety of shops, restaurants, and entertainment venues.
3. The Beach at JBR: Located at the end of the Dubai Marina Walk, The Beach at JBR is a great spot for a day of sunbathing, swimming, and beach activities.
4. Dubai Marina Yacht Club: Located in the heart of Dubai Marina, this yacht club offers a variety of activities, including sailing, fishing, and other water sports.
5. Dubai Marina Dhow Cruise: Take a traditional wooden boat for a romantic evening cruise along the Dubai Marina.
6. Dubai Marina Skydive: Experience the thrill of skydiving over the Dubai Marina.
7. Dubai Marina Kayaking: Take a kayak tour of the Dubai Marina and explore the area from the water.
8. Dubai Marina Jogging Track: Take a jog along the 3.5 km jogging track that runs along the waterfront of Dubai Marina.
9. Dubai Marina Art Gallery: Located in the Dubai Marina Mall, this art gallery features a variety of works from local and international artists.
10. Dubai Marina Yacht Tour: Take a tour of the Dubai Marina on a luxury yacht.
What schools are there in and around 'Dubai Marina' area in Dubai and what are their locations?
1. GEMS World Academy Dubai: Dubai Marina, Al Sufouh Road, Dubai, UAE.
2. Emirates International School Meadows: Emirates Hills, Dubai, UAE.
3. Regent International School: Dubai Marina, Dubai, UAE.
4. Dubai International Academy: Emirates Hills, Dubai, UAE.
5. Jumeirah International Nursery: Dubai Marina, Dubai, UAE.
6. Jumeirah College: Dubai Marina, Dubai, UAE.
7. Kings' School Dubai: Dubai Marina, Dubai, UAE.
8. Horizon International School: Dubai Marina, Dubai, UAE.
9. Dubai British School: Dubai Marina, Dubai, UAE.
10. Dubai International Academy: Emirates Hills, Dubai, UAE.
What medical clinics are there in and around 'Dubai Marina' area in Dubai and what are their locations?
1. American Medical Center Dubai Marina: Jumeirah Beach Residence, Dubai Marina, Dubai.
2. Prime Medical Center Dubai Marina: Marina Promenade, Dubai Marina, Dubai.
3. Emirates International Medical Center: Marina Promenade, Dubai Marina, Dubai.
4. Medcare Women & Children Hospital: Jumeirah Beach Residence, Dubai Marina, Dubai.
5. Medcare Orthopedic & Spine Hospital: Jumeirah Beach Residence, Dubai Marina, Dubai.
6. Medcare Medical Center: Jumeirah Beach Residence, Dubai Marina, Dubai.
7. Emirates Hospital: Jumeirah Beach Residence, Dubai Marina, Dubai.
8. Medcare Hospitals & Medical Centers: Jumeirah Beach Residence, Dubai Marina, Dubai.
9. Canadian Specialist Hospital: Jumeirah Beach Residence, Dubai Marina, Dubai.
10. Dr. Sulaiman Al Habib Medical Center: Jumeirah Beach Residence, Dubai Marina, Dubai.
What hospitals are there in and around 'Dubai Marina' area in Dubai and what are their locations?
1. American Hospital Dubai: Oud Metha Road, Dubai Healthcare City, Dubai
2. Medcare Hospital & Medical Centre: Jumeirah Beach Road, Dubai Marina, Dubai
3. Emirates Hospital: Al Wasl Road, Jumeirah, Dubai
4. Prime Hospital: Al Barsha, Dubai
5. MediClinic Dubai Marina: Marina Walk, Dubai Marina, Dubai
6. Al Zahra Hospital Dubai: Al Barsha, Dubai
7. Canadian Specialist Hospital: Sheikh Zayed Road, Dubai
8. City Hospital: Al Barsha, Dubai
9. NMC Royal Hospital: Al Barsha, Dubai
10. Emirates International Hospital: Al Barsha, Dubai
What parks are there in and around 'Dubai Marina' area in Dubai and what are their locations?
1. Dubai Marina Walk: Located on the waterfront of Dubai Marina, this park offers a scenic view of the marina and the skyline of the city.
2. Jumeirah Beach Park: Located at the end of Jumeirah Beach Road, this park offers a variety of activities including swimming, sunbathing, and picnicking.
3. Al Mamzar Beach Park: Located at the end of Al Mamzar Road, this park is a great spot for swimming, sunbathing, and picnicking.
4. Al Safa Park: Located at the end of Al Safa Road, this park offers a variety of activities including jogging, cycling, and picnicking.
5. Dubai Marina Park: Located at the end of Dubai Marina Drive, this park is a great spot for swimming, sunbathing, and picnicking.
6. Jumeirah Beach Residence Park: Located at the end of Jumeirah Beach Residence Road, this park is a great spot for swimming, sunbathing, and picnicking.
Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.
(x%) shows share of off-plan properties in sales in the last complete month