Vida Residences Dubai Marina in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Vida Residences Dubai Marina

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	69	33,333	2,300,000

Sales prices for completed properties in Vida Residences Dubai Marina

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	90	24,323	2,200,000
2	101	45,050	4,550,000

Rents in Vida Residences Dubai Marina

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	75	1,973	148,000
2	112	2,180	245,000

The cap rate (rental yield) of investments into Vida Residences Dubai Marina project is 6.1% on average.

The price of an apartment in Vida Residences Dubai Marina is 34,295 AED/sqm on average.

Price for off-plan 1 bedroom apartment in Vida Residences Dubai Marina is 2,300,000 AED or 33,333 AED/sqm.

Price for completed 1 bedroom apartment in Vida Residences Dubai Marina is 2,200,000 AED or 24,323 AED/sqm.
Price for completed 2 bedroom apartment in Vida Residences Dubai Marina is 4,550,000 AED or 45,050 AED/sqm.

Rent in Vida Residences Dubai Marina is 45,050 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Vida Residences Dubai Marina is 148,000 AED or 1,973 AED/sqm.
Rent for 2 bedroom apartment in Vida Residences Dubai Marina is 245,000 AED or 2,180 AED/sqm.

About Vida Residences Dubai Marina

'Vida Residences Dubai Marina' in 'Dubai Marina' area project description

Vida Residences Dubai Marina is a luxurious residential project situated in the heart of Dubai Marina, one of the most sought-after waterfront communities in the city. Developed by Emaar Properties, this sophisticated development seamlessly combines upscale living with the vibrant lifestyle that Dubai Marina is renowned for. The project comprises a high-rise tower featuring contemporary architecture, offering residents panoramic views of the marina, the iconic skyline of Dubai, and the Arabian Gulf.

The residences at Vida Dubai Marina are designed with a modern aesthetic and are equipped with high-quality finishes to ensure a comfortable and stylish living environment. The range of units includes one, two, three, and four-bedroom apartments, catering to a diverse group of residents, from young professionals to families. The interiors are meticulously planned with spacious layouts, high ceilings, and large windows to allow for ample natural light and stunning views.

Residents of Vida Dubai Marina can enjoy an array of world-class amenities that enhance the luxurious lifestyle. These include a state-of-the-art fitness center, a temperature-controlled swimming pool, and an exclusive wellness spa. For those who appreciate outdoor activities, the development also features beautifully landscaped gardens and children's play areas, providing a perfect setting for relaxation and recreation. Additionally, the building offers 24-hour security, concierge services, and secure parking, ensuring convenience and peace of mind for all residents.

One of the significant attractions of Vida Residences Dubai Marina is its prime location. It is strategically positioned within proximity to numerous dining, shopping, and entertainment options. Residents can easily access the Marina Walk, which offers a wide selection of restaurants, cafes, and boutiques along the picturesque waterfront. The development is also near major transportation links, including the Dubai Metro and tram, which provide seamless connectivity to other parts of the city.

Furthermore, Vida Residences is only a short drive away from some of Dubai’s key landmarks, such as Jumeirah Beach Residence (JBR), Palm Jumeirah, and the Mall of the Emirates. With its close proximity to business hubs like Dubai Media City and Dubai Internet City, it is an ideal location for professionals working in these areas.

In summary, Vida Residences Dubai Marina stands out as an epitome of luxury and elegance in one of Dubai’s most vibrant districts. Combining high-end living spaces with unparalleled amenities and a prime location, it offers residents an exceptional lifestyle in the heart of the city.

Q&A on Vida Residences Dubai Marina

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

Advantages:

1. Prime Location: Vida Residences Dubai Marina is strategically located in one of Dubai's most sought-after neighborhoods, offering stunning marina views and easy access to a wide range of dining, entertainment, and shopping venues.

2. Luxury Amenities: The development boasts a wide range of high-end amenities, including an infinity pool, state-of-the-art gym, and dedicated children's play areas, promoting a lavish lifestyle for residents.

3. Branded Residency: As a Vida property, the residences are associated with Emaar's hospitality brand, ensuring quality and a high standard of living.

4. High Capital Appreciation: Given its prime location and luxury appeal, properties in Dubai Marina generally enjoy high capital appreciation, making it a potentially lucrative investment.

5. Accessibility: Excellent connectivity with public transport, Sheikh Zayed Road, and close proximity to business hubs like Dubai Media City and Dubai Internet City.

6. Waterfront Living: Direct access to the marina promenade and waterfront offers residents a unique lifestyle with a range of recreational activities available.

7. High Rental Yields: Dubai Marina is a popular area for expatriates and tourists, often resulting in high rental demand and yields.

Disadvantages:

1. Price Point: The luxury and location come at a premium, making initial purchase cost relatively high compared to other areas in Dubai.

2. Traffic Congestion: Dubai Marina can experience significant traffic congestion, especially during peak hours, which can be a hassle for daily commutes.

3. Noise Levels: Being in a bustling area, noise from the marina, nearby restaurants, and ongoing developments can be an issue for some residents.

4. Limited Privacy: The area is very tourist-centric, which can sometimes result in less privacy for residents, especially in public amenities and communal areas.

5. Service Charges: High-end developments often come with higher service charges, which can add to the annual costs of owning a property.

6. Construction Activity: Continuous development in the vicinity can lead to construction noise and dust, impacting the living experience temporarily.

7. Parking Issues: Despite having dedicated parking, visitor and public parking can be quite limited in the area, posing challenges for guests.

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

The Residences at Marina Gate:
- High-end finishes and materials
- Extensive range of amenities such as infinity-edge pools, a dual-level gym, and various sports facilities
- Direct access to Marina Walk
- High rental yields and strong investment potential

Jumeirah Living Marina Gate:
- A blend of Jumeirah's luxury hospitality with residential living
- Exceptional concierge and valet services
- Spacious, well-designed apartments with premium fittings
- Direct water views and access to lush landscaping around the Marina

Damac Heights:
- Ultra-modern design and architecture
- Operated by the luxury brand DAMAC, which ensures high standards of quality and service
- Top-tier amenities including a state-of-the-art gym, swimming pools, and spa facilities
- Located at the entrance of the marina, providing seamless access

Le Rêve:
- Exclusively caters to the high-end luxury market
- Ultra-spacious apartments and penthouses finished to the highest standards
- Discreet and highly personalized services, including private elevators and valet parking
- Unmatched views of the Marina and Palm Jumeirah

Marina Promenade:
- Established project offering a strong community vibe
- Quality construction by Emaar
- Wide range of leisure, dining, and retail options within walking distance
- Full range of modern amenities such as swimming pools, squash courts, and fitness centers

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

1. Dubai Marina Mall Nursery: Located within Dubai Marina Mall, this nursery offers early childhood education for young children.
2. Emirates International School Meadows: Situated in The Meadows, it provides primary and secondary education following the IB curriculum.
3. The American University in Dubai (AUD): Located in the vicinity of Dubai Media City, it offers undergraduate and graduate programs.
4. Regent International School: Located in The Greens, this school offers the National Curriculum for England.
5. Dubai British School: Also located in The Springs, it provides education from primary through secondary levels following the National Curriculum for England.

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

- Marina Medical Center
- Emirates Hospital Clinic - Marina
- Al Das Medical Clinic
- Marina Plaza Medical Center
- Kaya Skin Clinic - Marina Walk
- Medcare Medical Centre - JBR
- Delta Medical Center