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

Cap rates for projects in Dubai Maritime City area in Dubai

No cap rates data for

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

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	76	20,855	1,580,000
2	114	22,166	2,529,999

Sales prices for completed properties in Dubai Maritime City

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	47	24,764	1,152,500
1	86	20,595	1,779,614
2	129	19,376	2,506,848

Price for off-plan 1 bedroom apartment in Dubai Maritime City is 1,580,000 AED or 20,855 AED/sqm.
Price for off-plan 2 bedroom apartment in Dubai Maritime City is 2,529,999 AED or 22,166 AED/sqm.

Price for completed Studio apartment in Dubai Maritime City is 1,152,500 AED or 24,764 AED/sqm.
Price for completed 1 bedroom apartment in Dubai Maritime City is 1,779,614 AED or 20,595 AED/sqm.
Price for completed 2 bedroom apartment in Dubai Maritime City is 2,506,848 AED or 19,376 AED/sqm.

Residential property projects in Dubai Maritime City

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

Share of off-plan projects in sales in Dubai Maritime City is 58%

Sales and rents in Dubai Maritime City in

Project name	Sale price, AED/sqm	Pre. reg sales	Sales
Anwa by Omniyat	20,906		9
Mar Casa	20,862	3
Harbour Lights	23,989	2

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:

Convenient location: The area is easily accessible from Sheikh Rashid Road and is close to major transportation links, such as the Dubai Metro and the Al Maktoum International Airport.
Sea views: Many of the apartments and townhouses in DMC offer stunning views of the Arabian Gulf.
Modern amenities: The area is well-equipped with modern amenities, such as swimming pools, gyms, and parks.
Close to the city: DMC is located just a short drive from the Dubai International Financial Centre and Downtown Dubai.

Some of the disadvantages of living in DMC include:

Traffic congestion: The area can get congested during peak hours, especially on Sheikh Rashid Road.
Lack of green space: There is a limited amount of green space in DMC, although there are plans to develop more parks and open areas in the future.
High prices: Property prices in DMC are relatively high, especially for waterfront properties.

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:

The area is still under development, so there are some unfinished projects.
There are a limited number of schools and other amenities in the area.
The proximity to the sea can make the area humid and hot during the summer months.

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