Marina Residence
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Marina Residence

About the project

Marina Residence is a high-rise apartment complex located in Dubai Marina. It consists of two 17-story towers with a total of 172 units: 1-4 bedroom apartments and duplex 5-bedroom penthouses from 667 sq.ft. The apartments start at  AED 700,000 (USD 191,000).

Development of the project began in 2004 and was completed in 2006. The developer of Marina Residence is the Sharaf Group. The building was designed by the National Engineering Bureau.

The complex includes the following facilities:

  • a gym;
  • three-storey underground parking;
  • a children’s play area;
  • a swimming pool;
  • high-speed elevators, two of which are panoramic;
  • round the clock security and video surveillance;
  • a concierge service;
  • laundry services;
  • a wellness club;
  • areas for events and recreation;
  • a barbecue area;
  • central air conditioning;
  • permission to keep pets;
  • landscaped park with paths for jogging.
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Location

Marina Residence is located on Marse street in Dubai Marina and has access to Sheikh Zayed Road.  Residents have direct access to Sheikh Zayed Road. Jumeirah Lakes Towers Tram Stop, Dubai Marina – Dubai – United Arab Emirates, Bus Stop and DMCC Metro Station are all within a 5-minute walk.

Below are some easy to access popular destinations from the property  and the time it takes to get to them from Marina Residence:

  • The Walk JBRis a 10-minute drive away;
  • Dubai International Airport is a 25-minute drive away;
  • The five-star, Burj Al Arab Hotel, a 15-minute drive away;
  • La Mer by Meraas Club 25 minutes away;
  • Palm Jumeirah tourist area, a 10-minute drive away;
  • Mall of Emirates, a 15-minute drive away, and Dubai Mall, a 20-minute drive away;
  • The new Al Maktoum International Airport is about 30 minutes away;
  • The nearest Medcare Medical Centre is only a 5-minute drive away;
  • The nearest Synergy University is about 10 minutes away.
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Payback

One of the most tangible advantages of Marina Residence is its location. The building is located on the territory of Dubai Marina, which is one of the top 10 residential areas of Dubai. Its residents have access to all kinds of entertainment, the possibility to engage in marine sports and visit the key tourist attractions of the emirate.

Key freeways and public transport stops are easily accessible, allowing for easy movement throughout the emirate. In addition, a wide variety of options in terms of size of apartments and number of bedrooms allow you to find the most suitable accommodation for both business and family people.

Real estate in Dubai Marina area is one of the most popular among investors and tenants. The average return on investment of local housing is estimated at 5.72% per annum.

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