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Dubai Maritime City area in Dubai - prices, rents and cap rates

Cap rates for projects in Dubai Maritime City area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Anwa by Omniyat20,3071,1945.9%

The cap rate (rental yield) in Dubai Maritime City is 5.9%.

Sales prices for off-plan (pre registration and delayed sell) properties in Dubai Maritime City

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio3524,369859,268
17319,5391,420,167
211720,0152,350,000
314018,9142,648,140

Sales prices for completed properties in Dubai Maritime City

RoomsSize, sqmSale price, AED/sqmSale price, AED
19219,9571,840,000
317520,4913,595,313

Rents in Dubai Maritime City

RoomsSize, sqmRent, AED/sqm/yearRent, AED
Studio401,19448,362
1851,194102,027
21271,194151,951
31891,194226,345
43271,194390,010

Price for off-plan Studio apartment in Dubai Maritime City is 859,268 AED or 24,369 AED/sqm.
Price for off-plan 1 bedroom apartment in Dubai Maritime City is 1,420,167 AED or 19,539 AED/sqm.
Price for off-plan 2 bedroom apartment in Dubai Maritime City is 2,350,000 AED or 20,015 AED/sqm.
Price for off-plan 3 bedroom apartment in Dubai Maritime City is 2,648,140 AED or 18,914 AED/sqm.

Price for completed 1 bedroom apartment in Dubai Maritime City is 1,840,000 AED or 19,957 AED/sqm.
Price for completed 3 bedroom apartment in Dubai Maritime City is 3,595,313 AED or 20,491 AED/sqm.

Rent in Dubai Maritime City is 20,491 AED/year/sqm on average for long term rent of an apartment.

Rent for Studio apartment in Dubai Maritime City is 48,362 AED or 1,194 AED/sqm.
Rent for 1 bedroom apartment in Dubai Maritime City is 102,027 AED or 1,194 AED/sqm.
Rent for 2 bedroom apartment in Dubai Maritime City is 151,951 AED or 1,194 AED/sqm.
Rent for 3 bedroom apartment in Dubai Maritime City is 226,345 AED or 1,194 AED/sqm.
Rent for 4 bedroom apartment in Dubai Maritime City is 390,010 AED or 1,194 AED/sqm.

Residential property projects in Dubai Maritime City

Off-planReady
Harbour Lights (100%)
Mar Casa (100%)
Anwa by Omniyat

Share of off-plan projects in sales in Dubai Maritime City is 95%

Sales and rents in Dubai Maritime City in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Mar Casa
20,7295
Harbour Lights
18,9142
Anwa by Omniyat
20,3072 1,1941

About Dubai Maritime City area in Dubai

Dubai Maritime City (DMC) is a mixed-use development located on a man-made peninsula between Port Rashid and Dubai Drydocks World. It was opened in 2008 and is home to a variety of businesses, including shipping companies, logistics firms, and marine equipment manufacturers. The residential area of DMC is located on the eastern side of the peninsula and offers a variety of apartments, townhouses, and villas.

Some of the key features of the residential area in DMC include:Some of the disadvantages of living in DMC include:Overall, Dubai Maritime City is a good option for those who are looking for a modern, convenient, and luxurious place to live in Dubai. However, it is important to be aware of the potential drawbacks of living in the area, such as traffic congestion and high prices.

Here are some other things to keep in mind about Dubai Maritime City:Despite these drawbacks, Dubai Maritime City is a rapidly growing and developing area with a lot to offer residents. If you are looking for a modern, waterfront home in Dubai, then DMC is definitely worth considering.

Area guide for property buyers in Dubai Maritime City

What are the advantages of 'Dubai Maritime City' area in Dubai for real estate buyers vs. other areas?

1. Proximity to the Sea: Dubai Maritime City is located on the waterfront, offering stunning views of the sea and easy access to the beach.

2. Accessibility: Dubai Maritime City is conveniently located near the Dubai International Airport, making it easy to travel to and from the area.

3. Amenities: The area is home to a variety of amenities, including shopping, dining, entertainment, and leisure activities.

4. Investment Potential: Dubai Maritime City is a rapidly developing area, making it a great investment opportunity for real estate buyers.

5. Security: The area is well-guarded and monitored, providing a safe and secure environment for residents.

What areas are cheaper than 'Dubai Maritime City' area in Dubai but provide a similar quality of living?

1. Al Barsha
2. Al Quoz
3. Al Warqa
4. Jumeirah Village Circle
5. Al Khawaneej
6. International City
7. Discovery Gardens
8. Al Furjan
9. Dubai Silicon Oasis
10. Mirdif

What schools are there in and around 'Dubai Maritime City' area in Dubai and what are their locations?

1. GEMS Our Own English High School, Dubai Maritime City (DMC) - Dubai, UAE
2. Dubai International Academy, Dubai Maritime City (DMC) - Dubai, UAE
3. Deira International School, Dubai Maritime City (DMC) - Dubai, UAE
4. Horizon International School, Dubai Maritime City (DMC) - Dubai, UAE
5. Dubai British School, Jumeirah Village Triangle - Dubai, UAE
6. Kings' School Al Barsha, Al Barsha - Dubai, UAE
7. Regent International School, Dubai Investment Park - Dubai, UAE
8. Dubai International School, Al Barsha - Dubai, UAE
9. Jumeirah College, Jumeirah - Dubai, UAE
10. Jumeirah English Speaking School, Jumeirah - Dubai, UAE


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




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