Dubai Marina

The price of real estate in Dubai Marina depends on many factors, including the total area of the apartment, the floor where the apartment is located, and much more.

So, apartments with an area of 50 square meters can be bought here from 190 thousand euros.

An apartment with an area of 111 m² costs 355 thousand euros.

Rental Trends in Dubai Marina

Looking through the options to rent property in Dubai, one should take into account one very convenient feature for the tenant - if necessary, housing is rented daily. It is possible to conclude a rental agreement for a couple of days, or for a week, for a month or for a longer period.

Do you appreciate home comfort and are you looking for the most comfortable accommodation in Dubai? Then we advise you to pay attention to the apartments. This is an excellent accommodation option for living, where there is absolutely everything for guests’ convenience. Apartments in Dubai are a profitable solution for a family and a group of friends. The cost of living in this type of housing starts at $ 10.

Today the most demanded service in the UAE real estate market is accommodation booking in Dubai. Perhaps someone will be surprised, but just a couple of years ago, renting a good apartment in Dubai was quite difficult. But due to the intensive pace of construction in this large metropolis and the annual increase in tourists, whole residential complexes have appeared in different parts of the city.

Each guest of the city can quickly book a room according to their taste and financial capabilities. Today, almost everyone can rent an apartment in Dubai! A competitive advantage of living here is an individual location in one of the most beautiful places in the city. At the moment, you can reserve a room in any area of the city. Choose what is more comfortable for you!

Today's attractive Dubai property for rent is located in areas such as Palm Jumeirah and Dubai Marina, as well as in the heart of the metropolis.

As for Palm Jumeirah and Dubai Marina, these are the best places in the emirate for those who have plans to find apartments with one, two or even three bedrooms. Statistics from Data Finder show that in January 2019, rental space in Palm Jumeirah could be rented for a year for $ 31 580. To date, in the same area, the rate has dropped to $ 27 770. As for Dubai Marina, here Dubai real estate for rent has become cheaper by 6%, that is, its cost dropped to $ 19 060 per year.

You can name other administrative units of Dubai, where residential real estate in the UAE has fallen in price significantly over the past year. In Barsha Heights, the decline was about 16%, in Motor City, prices fell by 8%, in Jumeirah Village Circle, rates fell by 13%. The average price of local small-sized apartments was $ 26 790. If you take the very center of Dubai, then here the rental price last year was around $ 29 676.

Sales Trends in Dubai Marina

At Dubai Marina, there are over 200 apartment buildings, each with stunning city and harbor views. The community is known as the “high block” in the world and several structures are part of famous skyscrapers of Dubai. Residents can enjoy the thriving communal life in the area. There are several types of properties for sale in Dubai Marina. The location offers a wide variety of luxury apartments, villas, and a small number of townhouses. While there are a limited number of state-of-the-art runway villas to capture the curiosity of investors interested in acquiring a villa, it is focused on apartment living. Studios, 1-, 2-, 3-, and 4-bedroom apartments are available for sale in Dubai Marina, as well as luxury penthouses with 5 or more bedrooms. These apartments have a large living area, a fully equipped kitchen and a bedroom with a bathroom and maid's balcony among other amenities. One of the essential apartments for sale is located at Damac Height. It offers 1-bedroom units with a price tag of AED 1.9 million. As for the villa, they come in a variety of sizes, ranging from two to six bedrooms. These villas, which are located at the podium level of the tenement buildings, have a large living room, a well-equipped kitchen, a maid's room with a bath, a restroom and a storage room. Other features of these houses include a parking space and a rooftop patio. There are many unique villas here. At Marina Keys Villas, there are spacious 3-bedroom villas for sale with a starting price of just AED 2 100 000 which is quite reasonable.

ROI in Dubai Marina

Today the UAE remains one of the most attractive investment destinations. Foreign investors from Europe, Asia and the United States see great prospects in the development of the residential and commercial real estate market in the United Arab Emirates. Despite the fact that all emirates are developing relatively evenly and steadily, Dubai occupies the first position in the list of leading regions.

One of the most attractive types to buy real estate in Dubai for foreign investors is investment in office buildings and shopping centers. Having carried out a detailed analysis of the market after overcoming the crisis, the United Arab Emirates began to actively develop this sector and its construction. So, a few years ago, many commercial real estate projects were established in construction and left the status of “frozen projects”.

Many foreign and local businesses buy or lease commercial premises in order to conduct business in the country. Commercial real estate in the United Arab Emirates has a fairly high liquidity. In this regard, the investor can receive a return on investment in the amount of 7-9% per annum, and in some cases up to 14% per annum.