The Belvedere in Dubai Marina - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
The cap rate (rental yield) of investments into The Belvedere project is 8.1% on average.
The price of an apartment in The Belvedere is 10,289 AED/sqm on average.
The long term rent of an apartment in The Belvedere is 831 AED/sqm/year on average.
About The Belvedere
'The Belvedere' in 'Dubai Marina' area project description
The Belvedere - Dubai Marina
The Belvedere is a low-rise freehold residential building located in Dubai Marina, the world's largest master-planned waterfront complex. Completed in December 2005, the project was developed by ETA Star Property Developers LLC.
Architecture and Layout
The building comprises 7 storeys offering a mix of one, two, and three-bedroom apartments. Some units feature breathtaking views of the marina or landscaped gardens and Jumeirah Lake Towers, while ground-floor apartments include private gardens. The development is designed as an epitome of elegance and comfort, providing residents with a sophisticated and luxurious lifestyle.
Amenities and Facilities
The Belvedere offers comprehensive amenities including a communal swimming pool, jacuzzi, health club, clubhouse, landscaped garden areas, and an on-site restaurant. Additional facilities feature a communal gym, outdoor kids zone, kids club, basement car parking, 24-hour security with CCTV surveillance, high-speed elevators, and broadband connection.
Location and Accessibility
Situated in Dubai Marina, the project benefits from proximity to Dubai Marina Mall, a modern shopping and lifestyle destination featuring over 130 outlets across four levels with a gross leasable area of 390,000 square feet. The mall includes high street fashion brands, boutique fashion, al fresco waterfront dining, a supermarket, and entertainment options. The 5-star Address Dubai Marina Hotel is directly linked to the mall. Dubai Marina's waterfront location provides residents with direct access to the marina's promenade and beach areas.
Nearby Projects
The Belvedere is situated within a vibrant community of residential developments. Nearby projects include Marina Star, The Zen Tower, The Signature, Manchester Tower, Studio One, and various DEC Towers developments. These surrounding projects contribute to the area's established residential character and amenities.
Project Status
The Belvedere is a completed project with no units currently available on the primary market. The building represents one of ETA Star Property Developers' portfolio of completed residential projects in Dubai Marina, alongside Marina Star, The Zen Tower, and The Signature.