Investment Yield over Last 12 Months - 6.26%
Dubai Marina, Dubai’s most popular residential community, is home to some of the best luxury waterfront residences in the world. Dubai Marina comprises a variety of beautiful waterside properties including exclusive penthouses and the most stunning apartments for sale in Dubai. The gorgeous marina for which the district is named contains several docking berths and will soon be home to a brand new yacht club. And for lovers of sun and sand, the beach is just a few steps away. From five-star hotels to a fabulous waterside promenade, residents can enjoy easy access to world class dining and shopping outlets.
Boasting one of the most prime locations in Dubai, Dubai Marina is a short distance away from Palm Jumeirah and the upcoming Bluewaters Island, home of the stunning Ain Dubai observation wheel. It will also connect directly to Dubai Harbour, the recently launched offshore mega community that is expected to become one of the key destinations for oceanfront leisure, boasting two immense cruise terminals and a new architectural icon in the form of the Dubai Lighthouse.
The Marina has consistently been one of the top picks for both residents and investors because of the excellent infrastructure of the district and the many options it offers in terms of recreation, nightlife, and fine dining. The beachside location is always a huge plus, and the fact that you can enjoy some of the most breathtaking panoramas of the city and the ocean from almost every apartment in the area.
The average price per square foot in Dubai Marina has been relatively steady at roughly AED 1,620 over the past year and the average investment yield in Dubai Marina has hovered around the 6% mark for quite some time. The pricing, in comparison to the quality and the build of the units available in this area, is more than reasonable, and the returns speak for themselves.
In spite of other new communities being developed across the city, Dubai Marina has remained at the top of the list and will undoubtedly continue to do so as even more developments come up in the area. Projects currently underway include fantastic offerings from renowned developers such as Emaar, Select Group and LIV, and serviced residences managed by Vida Hotels & Resorts.
Dubai Marina is a community with tons of value for the investor and the end-user, and that value is only expected to increase in the run-up to 2020. Have a look through some of the best off-plan investment options available in Dubai Marina below, and head to the Dubai Marina page for even more options.