Real estate in Dubai Marina, the UAE
Dubai Marina is a go-to residential destination both among expats and locals for a reason. Home to one of the largest freehold areas where foreigners are allowed to buy real estate, it offers a wide range of lavish properties for sale as well as access to all possible amenities, from fine restaurants to excellent golf courses to green lush parks and kids play areas as well as amazing man-made marinas.
Dubai Marina hosts one of the tallest and in-demand residential projects with spacious apartments that personify the true sense of luxury. With its world-class attractions, vibrant nightlife and first-class beaches, this one-of-a-kind community is a perfect destination for bachelors, young couples as well as families with children who are looking for a home close to the sea yet still prefer the city life.
Property prices in Dubai Marina
The cost of residential properties in Dubai Marina varies depending on the type of property and its size. The most affordable options include studio and one-bedroom units with price tags starting from AED 450,000 and 580,000 respectively. When it comes to more spacious options, an average 2-bedroom unit costs from AED 800,000 to AED 4,550,000. As for villas, the price of a two-bedroom option ranges from AED 1,600,000 to AED 6,050,000 while a villa with four bedrooms can be purchased at the price starting from AED 6,200,000 to AED 17,000,000.
Investment properties in Dubai Marina
Dubai Marina is one of the top destinations among thousands of tourists that visit Dubai every year as well as business travellers and expats who prefer to stay in the heart of the city and enjoy the luxurious lifestyle this area has to offer. Therefore, investing in a property in Dubai Marina is a wise solution which will ensure you a stable high rental yield.
Besides, the property in this area has been growing in price over the last couple of years and this trend is expected to continue developing, which means that buying a property in Dubai Marina now, you can resell it later at a higher price.
Another reason to invest in property in Dubai Marina is an opportunity to apply for a long-term residence visa (up to 10 years). Investing at least AED 1 million in property, you are allowed to get a three-year visa while a five-million property investment will ensure you a five-year residence permit. An investment of over AED 10,000,000 allows an investor as well as their family and dependents to apply for a 10-year residence permit. An investor must prove that the invested money is not loaned.
Buy property in Dubai Marina at Ax Capital
At Ax Capital, we offer the finest selection of luxury real estate for sale in Dubai, including the top projects in Dubai Marina. With our comprehensive list of real estate services, we ensure our customers one-of-a-kind experience. Buying a property at Ax Capital, you are provided with assistance in selecting a property taking into account your goals (buying to live or to invest), arranging paperwork, applying for a mortgage if needed. In addition, our real estate experts offer after-sales services.
Check out the latest property deals in Dubai Marina today!