Marina Quays residential complex was designed and built by Emaar Properties in 2010. It is located in the prestigious Dubai Marina district.
The complex consists of three separate buildings: Marina Quays North and Marina Quays East over 9 floors, Marina Quays West over 41 floors.
Marina Quays North and East are located at a height of 20 meters above the channel and connected by a common podium. The calling card of Marina Quays are their modern interiors, trendy design decisions.
The complex presents exclusive studios, apartments with 1, 2 and 3 bedrooms and several villas. There are views to the Arabian Gulf and the sights of the area.
For the convenience and comfort of the residents of the complex there is 24-hour security, an underground parking garage, modern gyms and playgrounds, as well as space for recreation: a billiard room, table tennis, saunas, a barbecue area, stores and beauty salons.
The size of apartments starts from 73 square meters. The price of residential premises with one bedroom starts from AED 1,000,000 (USD 272, 200). When buying a villa with three bedrooms the price starts at AED 9,500,000 (USD 2,585,900) for 355 square meters.
*The price is valid for 2020
Sheikh Zayed Road is just 500 meters away from the development. To the closest public transport stops it is just 5 minutes on foot.
Near Marina Quays is the Princess Tower. Inside the building there are both residential and commercial properties (supermarkets, pharmacies, beauty salons, etc.). The JAM Marina Residence and Marina Gate high-rise towers are also only a 10-minute drive away.
On the waterfront, The Walk JBR has high-end restaurants and cafes, entertainment venues, as well as fashionable boutiques.
The famous Marina Beach with its recreational areas and various water activities is 400 meters from the complex.
The closest medical centers to Marina Quays, Al Ittihad Health Center, Ramadi Physio & Neuro, Chinese Medical Center, are located 15 – 20 minutes away by car.
Nearby are the educational institutions the Dubai British School and the American School of Dubai, as well as the International School Choueifat.
For apartments the return on investment is 5.61%.
Considering the annual rent of one-bedroom apartments in Marina Quays, worth AED 68,000 (USD 18,510), the net profit can be AED 57,000 a year. This amount is calculated including management fees – AED 4,000 (USD 1,100) and mandatory VAT – AED 2,800 (USD 760).
Developed infrastructure, proximity to water canals, a large number of commercial facilities – all this contributes to the demand for housing in the real estate market in this area in the coming years.
*The price is valid for 2020
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