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Infrastructure

One of the biggest advantages of living in Dubai Marina is its convenient location, as it has easy access to Al Sufouh Rd and the Sheikh Zayed Rd, which connects all seven emirates. Dubai Marina is also in close proximity to Jumeirah Lakes Towers, Dubai Media City, Barsha Heights, JBR, Palm Jumeirah, Dubai Internet City and Umm Suqeim, which are all located 10-15 minutes’ away by car.

On the other hand, Dubai Marina lacks education institutions within its immediate vicinity. However, there are several schools nearby, in the neighbouring areas of Al Sufouh, Umm Suqeim, Al Barsha and The Springs. Most of the schools are located within a 15 minute drive and offer Indian, British and American curricula. At the same time, parents with young children will be happy to know that there are many kindergartens within walking distance both inside and outside Dubai Marina.

Public Transport and Parking Spaces

The comfort of living in Dubai Marina lies in the ease of movement by car or public transport. In most cases, buying or renting real estate in Dubai provides residents with parking spaces. If there is no private parking, one can always use the public parking services. Most of the car parks feature one-hour of parking free of charge.

There are two metro stations (red line) that are close to the community, Dubai Marina (formerly DAMAC Metro Station) and DMCC, which provide easy access to any part of the city. There are also many bus stops and a tram line that run between hotels, Dubai Marina Mall, The Beach at JBR and interlinks with the nearby metro station. The tram makes it easy to get to the Palm Jumeirah Station and then hop on the monorail to visit the Aquaventure Waterpark and The Lost Chambers Aquarium at the Atlantis, The Palm.

The route to Dubai International Airport and Al Maktoum International Airport will take approximately 30 minutes’ by car from any development or attraction in Dubai Marina.

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Amenities and Healthcare

The comfort of living in Dubai Marina lies in the ease of movement by car or public transport. In most cases, buying or renting real estate in Dubai provides residents with parking spaces. If there is no private parking, one can always use the public parking services. Most of the car parks feature one-hour of parking free of charge.

There are two metro stations (red line) that are close to the community, Dubai Marina (formerly DAMAC Metro Station) and DMCC, which provide easy access to any part of the city. There are also many bus stops and a tram line that run between hotels, Dubai Marina Mall, The Beach at JBR and interlinks with the nearby metro station. The tram makes it easy to get to the Palm Jumeirah Station and then hop on the monorail to visit the Aquaventure Waterpark and The Lost Chambers Aquarium at the Atlantis, The Palm.

The route to Dubai International Airport and Al Maktoum International Airport will take approximately 30 minutes’ by car from any development or attraction in Dubai Marina.

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The 22,965-feet-long Dubai Marina Walk offers residents an excellent outdoor area for long walks, jogging or cycling. A large number of gyms, health clubs, spas, shops and restaurants are concentrated around the marina, while recreation areas provide open space for relaxation and exercise. There are also several social events that are held here throughout the year, including ones for children, and open-air handicraft markets are held here during the winter.

Furthermore, The Beach at JBR and Marina Beach offer a wide range of entertainment for any age. For example, visitors can take part in water sports, parasailing, banana boating and wakeboarding, or even rent a boat or a yacht, or go on a ferry excursion.

Economic Attractiveness

According to the latest Dubai property market reports, Dubai Marina continues to be one of the most popular places to buy and rent property in Dubai. Thanks to the variety of low-cost and luxury real estate, buyers and tenants have the opportunity to choose the most suitable type of the property in the area, including studios, apartments, penthouses, podium villas or even entire buildings.

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The highest annual income is offered by studios and one-bedroom apartments at 6.4% and 6.2% respectively. This is followed by two- and three-bedroom apartments with a return on investment of 5.7% and 5.3% respectively. For more spacious 4-5-bedroom apartments the annual income can be up to 4.5%.

It is worth noting that many buyers prefer to invest in small properties, such as studios, one-bedroom apartments or hotel apartments in Dubai Marina. This type of real estate is considered to be the most profitable if you are planning to purchase a property for further leasing, especially since Dubai Marina is located a 30 minute drive from the World Expo 2020 exhibition site.

When considering the purchase of villas or townhouses, the return on investment is exactly the opposite of studios and apartments: the more rooms, the higher the income. Thus, a house with five bedrooms tops the list in terms of profitability of 5.2% per annum, four-bedroom units yield 4.2%, while two and three-bedroom units generate 3.2% and 4.1% respectively.

N.B. According to the DLD, as of February 2021, there are more than 95,000 housing units under construction throughout Dubai, of which 5,781 are in Dubai Marina. Moreover, the community is ranked third in the top five areas for buying off-plan real estate, and also took first place for ready property.

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