Marsa Plaza
About the project
(sq. ft.)
Commissioned in 2008, Marsa Plaza is a premium residential complex located in the prestigious Dubai Festival City district, which is situated near a large park and the Dubai Creek canal. Built by Al Futtaim Real Estate Group, the project features original architecture and is one of the most impressive buildings in the neighbourhood.
Marsa Plaza consists of three high-rise residential towers. The first corner block tower has 32 floors. The second corner block tower has 22 floors, and the central tower has 21 floors. In total, the complex has 500 apartments. The central building also houses 200 rooms that are part of the famous InterContinental Residence Suites Hotel. Each building has passenger and freight elevators with separate backup power for 24-hour use.
Marsa Plaza apartments feature magnificent views of the bay and the cityscape.
The complex offers a variety of amenities, including:
- Modern gym
- Outdoor pools and fitness studios
- Supermarket
- Salon
- Dry cleaning services
- Restaurant
- Pet-friendly accommodations
- Fire safety equipment
- 24-hour concierge services
Marsa Plaza offers units for sale and rent. The building features apartments with one to three bedrooms and penthouses with three and four bedrooms. The interiors are designed using a contemporary style with bright colours, large panoramic windows, and finished floors with high-quality tiles. Apartments with three and four bedrooms offer accommodations for maid services.
The complex has a two-storey underground parking garage for residents.
The starting price for a one-bedroom apartment at Marsa Plaza is AED 1,600,000 (USD 436,000), and the starting size is 295 sq. m. (3,175 sq. ft.). The annual rental cost for a one-bedroom apartment starts at AED 90,000 (USD 25,000).
The size of a four-bedroom penthouse starts at 1,142 sq. m. (12,293 sq. ft.).
*The price is valid for 2021
Location
Located in Dubai Festival City, the complex is conveniently situated near several major roads, including Nad Al Hamar, Sheikh Rashid, and Al Rebat Street. The Festival City Mall and Festival Waterfront Centre are located within a short distance of the complex.
Marsa Plaza is easily accessible by public transportation. The Dubai Metro Green Line, Al Jaddaf and Creek Stations, are located within a five to 10-minute drive of the residences. The nearest station on the Red Line is Emirates, which can be reached within an 8-minute walk. Alternatively, residents can take local buses, which run between the Emirates Metro Station and Dubai Festival City Mall.
Marsa Plaza is also located within a short distance of many retail stores and luxury boutiques.
Payback
The return on investment rate on an apartment near Dubai Festival City is 5.17%, and one-bedroom apartments have the highest ROI. Marsa Plaza real estate can quickly be sold for a profit since it is the third most popular property for sale in Dubai Festival City.
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!