Marina Residence in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

The price of an apartment in Marina Residence is 17,423 AED/sqm on average.

About Marina Residence

'Marina Residence' in 'Dubai Marina' area project description

Marina Residence is a prestigious residential project located within the acclaimed Dubai Marina area, an area known for its luxurious lifestyle and strategic location alongside a vast conglomerate of retail, dining, and leisure outlets. The development is comprised of two high-rise towers, Marina Residence Tower A and Tower B, both exuding modern architectural elegance and offering an extensive range of first-class amenities.

The towers feature a collection of spacious apartments and penthouses, each designed to provide optimum comfort and functionality. The living spaces range from studio apartments to 2-bedroom units, all meticulously planned to offer sweeping views of the stunning marina or the city skyline. The interiors are characterized by contemporary design, high-quality finishes, and expansive windows that maximize natural light, creating a vibrant and inviting ambiance.

Residents of Marina Residence benefit from a suite of top-tier amenities that cater to various lifestyles. These include state-of-the-art fitness centers, swimming pools, and children’s play areas, ensuring both adults and families have spaces to relax and stay active. Additionally, landscaped gardens and outdoor barbecue areas provide perfect spots for social gatherings and leisurely evenings.

Security and convenience are paramount in Marina Residence. The buildings feature 24-hour security services, CCTV surveillance, and high-speed elevators to ensure safety and easy accessibility for all residents. There is also ample parking space, concierge services, and well-appointed lobbies, enhancing the everyday living experience.

Located in the heart of Dubai Marina, the project offers unparalleled access to various lifestyle and entertainment options. It is within walking distance to the Marina Walk, a promenade lined with a plethora of cafes, restaurants, and retail outlets. The Dubai Marina Mall is also close by, offering a comprehensive shopping experience. Connectivity is a breeze with the Dubai Metro, tram stations, and major road networks, making commuting to other parts of the city seamless.

Beyond the immediate vicinity, Marina Residence provides easy access to world-famous attractions such as Jumeirah Beach Residence (JBR), Bluewaters Island, and the Palm Jumeirah. These hotspots offer additional leisure and entertainment choices that enhance the appeal of the location.

Investors and homebuyers are attracted to Marina Residence not just for its opulent offerings, but also for the potential return on investment it promises. The location, coupled with high building standards and comprehensive amenities, make it a highly desirable address within Dubai’s dynamic real estate market.

Q&A on Marina Residence

What are the advantages of 'Marina Residence' project in Dubai for property buyers? What are the disadvantages?

Advantages of Marina Residence in Dubai Marina:
1. Location: Situated in the heart of Dubai Marina, offering easy access to key attractions, shopping destinations, and business hubs.
2. Views: Offers stunning views of the Marina, the Arabian Gulf, and the city skyline, enhancing the living experience.
3. Amenities: Features a range of high-end amenities such as swimming pools, gyms, saunas, steam rooms, and children's play areas.
4. Transport Links: Well-connected to public transportation, including the Dubai Marina Metro Station and Dubai Tram, facilitating easy commutes.
5. Lifestyle: Proximity to various dining, entertainment, and leisure options along the Marina Walk.
6. Modern Design: Contemporary architecture and high-quality finishes in the apartments.
7. Security: 24/7 security and concierge services ensure safety and convenience.

Disadvantages of Marina Residence in Dubai Marina:
1. Price: Properties in Marina Residence are premium-priced, which might be a barrier for budget-conscious buyers.
2. Traffic: The Dubai Marina area can experience heavy traffic, especially during peak hours, which might be inconvenient for residents.
3. Noise: Being a busy and popular area, noise from nearby nightlife and developments might affect the tranquility.
4. Maintenance Fees: High-end amenities and prime location mean higher service charges and maintenance fees.
5. Construction: Ongoing construction projects in the vicinity might cause temporary disruptions and affect overall aesthetics.

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

- Emaar 6 Towers (Original Six/Marina Towers): Offers luxurious amenities such as expansive swimming pools, well-equipped gyms, and indoor squashing courts. The construction quality is superior, and the property value appreciates steadily due to its premium location and Emaar's reputation.

- Le Reve: Known for catering primarily to ultra-high-net-worth individuals, this project stands out due to its bespoke interior designs, spacious layouts, and unparalleled privacy and security features. It's favored by celebrities and top executives.

- Marina Gate: Provides a blend of modern design and high-quality finishes. The development includes excellent fitness facilities, swimming pools, and retail options within the complex, making it convenient for residents.

- Cayan Tower: A standout due to its unique architectural design that twists 90 degrees along its height. The project also boasts high-end facilities and breathtaking views of the Marina and the Arabian Gulf.

- Grosvenor House: Renowned for its high standards of service and management, being part of a luxury hotel complex. Residents benefit from exclusive access to hotel amenities and services, including fine dining and spas.

- Dubai Marina Towers: Developed by Emaar, and feature excellent build quality, spacious apartments, and premium finishing. The towers also offer stunning views of the Marina and easy access to dining and entertainment venues.

- Jumeirah Beach Residence (JBR): Offers direct beach access, an extensive range of retail and dining options, and numerous leisure amenities, making it highly desirable for residents seeking an active lifestyle.

- Park Island: Known for its serene setting within the bustling Marina, it features landscaped gardens, multi-function rooms, and an infinity pool with marina views. The developer, Emaar, ensures top-notch quality and management.

What are the closest schools to 'Marina Residence' project in Dubai?

The schools nearest to the 'Marina Residence' project in Dubai Marina are:

- Emirates International School Meadows: Located in The Meadows, approximately 10-15 minutes by car.
- Dubai British School: Situated in Emirates Hills, about 15-20 minutes drive.
- The American School of Dubai: Located in Al Barsha, approximately 20-25 minutes by car.
- Regent International School: Found in The Greens, around 10-15 minutes drive away.
- GEMS Wellington International School: Situated in Al Sufouh, roughly 20 minutes by car.

These travel times can vary depending on the time of day and traffic conditions.

What are the closest medical clinics to 'Marina Residence' project in Dubai?

- Medcare Medical Centre Marina: Marina Plaza, Dubai Marina.

- Dubai Marina Medical Center: Trident Waterfront, Dubai Marina.

- Emirates Hospital Clinic - Marina: The Point Tower, Dubai Marina.

- Marina Medical Centre (MMC): Marina Walk, Dubai Marina.