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Yacht Bay in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Yacht Bay

RoomsSize, sqmSale price, AED/sqmSale price, AED
210918,4312,000,000

The price of an apartment in Yacht Bay is 18,431 AED/sqm on average.

Price for completed 2 bedroom apartment in Yacht Bay is 2,000,000 AED or 18,431 AED/sqm.

About Yacht Bay

'Yacht Bay' in 'Dubai Marina' area project description

Yacht Bay is a prominent residential development nestled in the heart of Dubai Marina, one of the most sought-after locales in Dubai. This project epitomizes luxury waterfront living, offering residents unparalleled views of the Marina's gleaming waters, a hallmark of Dubai's urban landscape.

Developed by Star Group Global, Yacht Bay stands as a distinguished 18-storey tower featuring a modernist architectural style. The structure is designed to reflect the opulence and elegance synonymous with Dubai Marina. With meticulously planned interiors and state-of-the-art facilities, the project has secured its status as a highly desirable address.

The tower comprises a diverse mix of 174 residential units, including studios, as well as one, two, and three-bedroom apartments, catering to various lifestyle needs. Each apartment within Yacht Bay is thoughtfully designed, offering spacious layouts that optimize both natural light and Marina views. High-quality finishes, modern conveniences, and stylish fixtures further enhance the living experience, ensuring residents enjoy a blend of comfort and sophistication.

One of the standout features of Yacht Bay is its extensive range of amenities designed to elevate the resident experience. The building boasts a temperature-controlled swimming pool, which is perfect for relaxation and recreational activities throughout the year. Adjacent to the pool, a jacuzzi and sunbathing deck provide additional leisure options. Fitness enthusiasts benefit from a well-equipped gymnasium, complete with the latest exercise machinery, as well as separate male and female sauna and steam rooms for post-workout relaxation.

Safety and convenience are prioritized through 24-hour security and concierge services, ensuring peace of mind for all residents. The tower also provides ample underground parking space, a crucial amenity in the bustling Marina district.

Strategically located, Yacht Bay offers residents easy access to a myriad of lifestyle destinations within Dubai Marina. It is a stone's throw away from the Marina Walk, a vibrant promenade brimming with cafes, restaurants, and retail outlets. The nearby Dubai Marina Mall adds to the convenience, featuring an array of shopping and entertainment options. Furthermore, the project is well-connected via public transportation, including the Dubai Metro and Tram, facilitating seamless mobility around the city.

Yacht Bay's prime location also ensures proximity to major business districts, such as Dubai Media City and Dubai Internet City, making it ideal for professionals seeking a work-life balance. For leisure and relaxation, pristine beaches like JBR Beach are just a short distance away, providing additional avenues for enjoyment.

Yacht Bay is not merely a residential building; it is a lifestyle destination that embodies the luxury and vibrancy of Dubai Marina, offering a haven of tranquility amid the energetic pace of one of Dubai’s most dynamic neighborhoods.

Q&A on Yacht Bay

What are the advantages of 'Yacht Bay' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Situated in Dubai Marina, Yacht Bay offers proximity to major attractions, shopping centers, dining options, and entertainment venues, making it a sought-after location.
2. Marina Views: Many units have stunning marina views, which can enhance the living experience and boost rental and resale values.
3. Amenities: Yacht Bay boasts a wide range of amenities, including swimming pools, a gym, saunas, and secure parking, providing a luxurious lifestyle for residents.
4. Public Transport Links: Close to the Dubai Marina Mall Tram Station and Dubai Marina Metro Station, offering convenient access to public transport.
5. Community Atmosphere: Dubai Marina is known for its vibrant community and upscale living environment, appealing to both residents and investors.
6. High Rental Demand: Properties in Dubai Marina generally enjoy high rental demand, providing good rental income potential for investors.
7. Developer Reputation: Developed by Select Group, known for delivering quality projects, which adds to the credibility and desirability of the development.

Disadvantages:
1. Traffic Congestion: The area can experience heavy traffic, especially during peak hours, which might be inconvenient for residents.
2. High Service Charges: Due to the extensive amenities and maintenance of a premium location, service charges can be relatively high.
3. Noise: Being in a bustling area, there may be noise from nearby restaurants, nightlife venues, and ongoing construction.
4. Property Price Volatility: As with any high-demand area, property prices can be volatile, which might affect investment stability.
5. Limited Green Spaces: While there are promenades and some parks, the area has fewer green spaces compared to suburban neighborhoods.
6. Humidity and Weather: The marina area can be particularly humid given its proximity to the water, which may be uncomfortable during certain times of the year.
7. Parking Issues for Visitors: While residents generally have secure parking, finding parking for visitors can sometimes be challenging.

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

1. Marina Gate:
- Proximity: Located closer to the central part of Dubai Marina.
- Amenities: Offers state-of-the-art gyms, infinity pools, and dedicated retail space.
- Quality: Superior build quality with high-end finishes.
- Community Features: Direct access to the Marina Walk and nearby gourmet restaurants.

2. Cayan Tower:
- Proximity: Conveniently positioned along the Marina's waterfront.
- Design: Iconic twisted architecture, a landmark in the Marina skyline.
- Views: Unobstructed views of the marina, sea, and the city.
- Facilities: High-quality leisure facilities including a health spa, fully equipped gym, and a pool.

3. Le Reve:
- Proximity: Strategically located to offer privacy and stunning marina views.
- Luxury: Known for its ultra-luxurious, large-sized apartments and penthouses.
- Security: High-security standards with private and discreet building entrances.
- Exclusivity: Tailored services catering to high-net-worth individuals.

4. The Address Dubai Marina:
- Proximity: Direct connection to Dubai Marina Mall.
- Hotel Services: Five-star hotel services for residents, including concierge and housekeeping.
- Lifestyle: Upmarket dining and leisure options within a short distance.
- Facilities: Pool, spa, and top-tier fitness facilities.

5. Marina Promenade:
- Proximity: Located right on the Marina Walk.
- Community Amenities: Comprehensive amenities, lush landscaped pathways, and promenade.
- Layouts: Variety of spacious apartment layouts, often with great views.
- Developer: Developed by Emaar, ensuring high-quality standards and maintenance.

6. Marina Heights:
- Proximity: Central location within walking distance to essential services.
- Design: Stylish interiors with modern fittings and fixtures.
- Facilities: Equipped with significant leisure and residential amenities, including pools and gyms.
- Views: Stunning views of the Marina and city skyline.

7. Jumeirah Living Marina Gate:
- Proximity: Prime waterfront location.
- Branded Residences: Part of the Jumeirah Living brand, offering luxurious living standards.
- Service: Hotel-like services including 24-hour concierge, room service, and housekeeping.
- Amenities: World-class gym, swimming pools, lounges, and kids' club.

What are the closest schools to 'Yacht Bay' project in Dubai?

Dubai Marina is well-serviced with reputable schools in close proximity to the Yacht Bay project. The closest schools include:

- Horizon International School: Located in Umm Al Sheif, approximately a 15-minute drive from Dubai Marina.
- Emirates International School Meadows: Situated in the Meadows community, roughly a 10-minute drive from Yacht Bay.
- The Winchester School: Located in Jebel Ali, around a 15-minute drive from the marina.
- Dubai British School: Found in the Springs community, this school is about a 10-minute drive from Yacht Bay.
- Raffles International School: Located in the Springs, approximately 10 minutes by car.

These institutions provide a range of British, American, and International Baccalaureate curricula.

What are the closest medical clinics to 'Yacht Bay' project in Dubai?

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

- Emirates Hospital Clinic - Marina
Location: Silverene Tower B, Dubai Marina, Dubai

- Marina Medical Center
Location: Trident Bayside, Dubai Marina, Dubai

- Dr. Mohammed Najm Clinic
Location: Marina Walk, Dubai Marina, Dubai

- Armada Medical Centre
Location: Armada Towers, Cluster P, Jumeirah Lake Towers, Dubai




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