Dubai Marina

For those interested in buying an apartment in Dubai Marina, the average cost for a studio is AED 600,000 (USD 164,000), while the price for a one-bedroom apartment starts at AED 950,000 (USD 259,000). The prices of villas vary from AED 2,200,000 to AED 15,000,000 (USD 599,000 to USD 4,084,000).

Some of the most popular projects for buying property in Dubai Marina are Escan Marina Tower and Mag 218 Tower.

Escan Marina Tower is one of the finest modern buildings in the area. The building comprises 32 storeys with a total of 397 residential units, which include studios and apartments with one to three bedrooms, and a four level underground parking. Property prices here start from AED 550,000 (USD 150,000).

Mag 218 Tower is a 66-store tower featuring 555 non-proprietary residential units that include 2-3-bedroom apartments. The tower houses several retail outlets, seven floors of parking spaces, a health club, a public event hall, and easy access to public transport. The price of property in Mag 218 Tower starts from AED 1,000,000 (USD 273,000).

The average annual rental cost for studios in Dubai Marina is AED 42,500 (USD 11,600), and for one-bedroom apartments this increases to AED 60,000 (USD 16,300). Those looking for more spacious accommodation may consider renting a two-bedroom apartment, in which costs an average of AED 90,000 per year (USD 24,000). For villas in the Dubai Marina area, there are 2 to 6 bedroom homes ranging from 2,443 sq. ft to 9,590 sq. ft, located at the podium level of the apartment buildings. Rental prices vary from AED 120,000 to AED 420,000 (USD 33,000 to USD 115,000) per year.

For example, one can rent a fully-furnished and ready-to-move-in studio in Marina Diamond 5 for AED 48,000 (USD 13,000) per year. The rental price for one-bedroom apartments at Marina Gate 2 ranges from AED 75,000 (USD 21,000) to AED 90,000 (USD 25,000) per year. If you are interested in more spacious real estate options, a two-level penthouse with four bedrooms and a total area of 3,573 sq. ft in Marina View can be rented for AED 150,000 (USD 41 000) per year. All buildings are in close proximity to the metro stations, tram stops, as well as beaches and shops.

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.

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.

It is worth noting that in 2017, XLine, the longest urban zipline in the world, was opened in Dubai Marina. It is an incredible ride for thrill seekers which starts from the launch pad, located at the top of Amwaj Towers, at an altitude of 557 ft, and ends on the other side of the canal, on the roof of Dubai Marina Mall. The attraction is open daily and all year round, and is designed for extreme sports enthusiasts, since the speed of the flight over the water reaches almost 50 miles per hour.