5242 in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in 5242

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	64	37,582	2,400,000
2	105	23,878	2,500,000
3	162	37,064	6,000,000

Rents in 5242

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	68	2,184	148,857
2	105	2,067	216,674
3	162	1,897	306,667

The cap rate (rental yield) of investments into 5242 project is 6.2% on average.

The price of an apartment in 5242 is 32,986 AED/sqm on average.

The long term rent of an apartment in 5242 is 2,050 AED/sqm/year on average.

Price for completed 1 bedroom apartment in 5242 is 2,400,000 AED or 37,582 AED/sqm.
Price for completed 2 bedroom apartment in 5242 is 2,500,000 AED or 23,878 AED/sqm.
Price for completed 3 bedroom apartment in 5242 is 6,000,000 AED or 37,064 AED/sqm.

Rent for 1 bedroom apartment in 5242 is 148,857 AED or 2,184 AED/sqm.
Rent for 2 bedroom apartment in 5242 is 216,674 AED or 2,067 AED/sqm.
Rent for 3 bedroom apartment in 5242 is 306,667 AED or 1,897 AED/sqm.

Q&A on 5242

What projects are more affordable than '5242' project in Dubai but provide a close quality of living?

1. The Residences at Marina Gate - This is a luxurious residential project located on the waterfront of Dubai Marina. It offers a range of high-end amenities, including a private beach, infinity pool, and a range of retail and dining outlets.

2. The Palm Jumeirah - This iconic man-made island is home to a range of luxurious apartments and villas. It offers stunning views of the Arabian Gulf and is conveniently located near the Dubai Marina.

3. The Springs - This residential community is located in the heart of Dubai and offers a range of villas and townhouses. It is surrounded by lush greenery and offers a range of amenities, including a swimming pool, fitness centre, and a range of shops and restaurants.

4. The Meadows - This is a gated residential community located in the heart of Dubai. It offers a range of villas and townhouses and is located near the Emirates Golf Club.

5. The Lakes - This is a luxurious residential community located in the heart of Dubai. It offers a range of villas and townhouses and is surrounded by lush greenery and a range of amenities, including a swimming pool, fitness centre, and a range of shops and restaurants.

What projects are better than '5242' project in Dubai which are located close by, and why?

1. The Address Residence Sky View: Located in Downtown Dubai, this project offers stunning views of the Burj Khalifa and Dubai Fountain.

2. The Residences at Marina Gate: Located in Dubai Marina, this project offers luxury apartments with stunning views of the marina and the Arabian Gulf.

3. The Address Boulevard: Located in Downtown Dubai, this project offers luxury apartments with stunning views of the Burj Khalifa and Dubai Fountain.

4. The Address Dubai Marina: Located in Dubai Marina, this project offers luxury apartments with stunning views of the marina and the Arabian Gulf.

5. The Address Jumeirah Resort + Spa: Located in Jumeirah Beach, this project offers luxury apartments with stunning views of the Arabian Gulf.

6. The Address Dubai Mall: Located in Downtown Dubai, this project offers luxury apartments with stunning views of the Burj Khalifa and Dubai Mall.

7. The Address Montgomerie Dubai: Located in Emirates Hills, this project offers luxury apartments with stunning views of the golf course and the Arabian Gulf.

When was '5242' project in Dubai Dubai project started?

The 5242 project in Dubai started in April 2019.

What units are offered in '5242' project in Dubai?

The 5242 project in Dubai offers a range of luxury apartments, penthouses, and townhouses. The units available include studio apartments, 1, 2, 3, and 4-bedroom apartments, and 3, 4, and 5-bedroom penthouses and townhouses.

What are the closest groceries to "'5242' project in Dubai"?

The closest groceries to the "5242" project in Dubai are the Al Maya Supermarket, Al Madina Supermarket, Spinneys, and Carrefour.

What are the things to do in the neighbourhood of '5242' project in Dubai?

1. Visit the Dubai Miracle Garden – The world’s largest natural flower garden, located in Al Barsha South, near 5242 project.

2. Take a stroll through the Dubai Butterfly Garden – Home to over 15,000 live butterflies, this beautiful garden is located close to 5242 project.

3. Enjoy a day out at Dubai Safari Park – Located in Al Warqa, the Dubai Safari Park is a great place to spend the day with family and friends.

4. Shop at the Mall of the Emirates – This iconic shopping mall is located close to 5242 project and is home to a variety of shops, restaurants, and entertainment facilities.

5. Explore the Dubai Autodrome – Located in Motor City, the Dubai Autodrome is a great place for motorsport fans to enjoy a day out.

6. Visit the Dubai Creek – This historic area of Dubai is located close to 5242 project and is home to a variety of attractions, including the famous Dubai Gold Souk.

7. Enjoy a day at the beach – There are a number of beautiful beaches located close to 5242 project, including Umm Suqeim and Jumeirah Beach.

8. Explore the Dubai Marina – This iconic area of Dubai is located close to 5242 project and is home to a variety of shops, restaurants, and entertainment facilities.

9. Experience the Dubai Fountain – Located in the Dubai Mall, the Dubai Fountain is a must-see attraction for visitors to the city.

10. Take a ride on the Dubai Metro – The Dubai Metro is an efficient and cost-effective way to get around the city and is located close to 5242 project.

What are the closest schools to '5242' project in Dubai?

The closest schools to 5242 project in Dubai are:

1. GEMS New Millennium School
2. Jumeirah English Speaking School (JESS)
3. Dubai International Academy
4. Swiss International Scientific School
5. Al Khaleej National School
6. Dubai British School
7. Dubai International School
8. Jumeirah College
9. Horizon English School
10. Emirates International School - Meadows.

What are the closest nurseries to '5242' project in Dubai?

The closest nurseries to the 5242 project in Dubai are:

1. Little Scholars Nursery, Al Barsha
2. Little Planet Nursery, Al Barsha
3. British Orchard Nursery, Al Barsha
4. Future Generations Nursery, Al Barsha
5. Apple Tree Nursery, Al Barsha
6. Al Mazroui Nursery, Al Barsha
7. Little Miracles Nursery, Al Barsha
8. Kids Castle Nursery, Al Barsha
9. Little Explorers Nursery, Al Barsha
10. Little Steps Nursery, Al Barsha

What are the closest shopping malls to '5242' project in Dubai?

The closest shopping malls to '5242' project in Dubai are:

1. Dubai Mall
2. Mall of the Emirates
3. City Centre Deira
4. Ibn Battuta Mall
5. City Centre Mirdif
6. Wafi Mall
7. Dubai Marina Mall
8. Mercato Shopping Mall
9. Dubai Outlet Mall
10. The Beach Mall

What are the closest healthcare centres to '5242' project in Dubai?

The closest healthcare centres to '5242' project in Dubai are:

1. Medcare Women & Children Hospital - Al Safa
2. Medcare Orthopaedic & Spine Hospital
3. Emirates Hospital - Jumeirah
4. American Hospital Dubai
5. Medcare Medical Centre - Jumeirah
6. Al Zahra Hospital Dubai
7. Mediclinic City Hospital
8. Prime Hospital
9. NMC Royal Hospital
10. Al Jalila Children's Specialty Hospital

What is the closest airport to '5242' project in Dubai?

The closest airport to 5242 project in Dubai is Dubai International Airport (DXB).

What are the closest hospitals to '5242' project in Dubai?

The closest hospitals to the 5242 project in Dubai are the Prime Healthcare Group, Medcare Hospital, and the American Hospital Dubai.

What are the closest parks to '5242' project in Dubai?

The closest parks to 5242 project in Dubai are Creek Park, Zabeel Park, Safa Park, Al Mamzar Park, and Al Barsha Pond Park.