Boasting opulent amenities, waterfront views, and sprawling apartments, Dubai Marina is among the most demanding addresses for real estate investors in the UAE. The famed lifestyle destination is also frequently ranked as one of the most demanding regions to rent out or purchase properties in the city.
For anyone who is especially hunting for apartments for sale in Dubai, below are the famous buildings in the region with their respective ROIs, amenities, and costs.
Why Should You Invest In Apartments In Dubai Marina?
Dubai Marina is among the most charming locations in the Emirate, set against the backdrop of an attractive promenade and marina displaying top-class restaurants, luxurious yachts, and leisure activities. The region is home to a combo of high-rise residential buildings and distinguished commercial spaces.
Lots of buyers prefer to buy flats in Dubai Marina as it is a prime address – with thriving financial districts, such as Dubai Media City, Dubai Internet City, and Barsha Heights in the vicinity.
The cosmopolitan neighborhood is home to above 200 residential buildings, which primarily consists of flats, whereas some buildings also have opulent podium level villas and penthouses.
5 Sought-after Residential Buildings With Apartments in Dubai Marina
Dubai Marina presents an interesting assortment of tall skyscrapers that deliver the best Riviera style living. As per the reports, the most popular buildings in Dubai Marina for buying flats are: Marina Gate, Marina Diamonds, Studio One Tower, Marina Pinnacle, and Manchester Tower. Let’s go over these ambitious ventures one by one.
- Manchester Tower
This tower stands tall at 127 meters featuring 336 apartments. The Dubai Marina venture is an effort by Manchester Real Estate Group and is perfect for anyone working in Dubai Internet City and Dubai Media City. Occupants can take advantage of plenty of facilities – swimming pool, a daycare center, a gym, children’s playground, and BBQ area while residing in Manchester Tower.
The average cost of the studio here is AED 469k, while a single bedroom flat is AED 610k. For bigger homes, a 2 bedroom apartment is sold at AED 876k. Likewise, a 3 bedroom flat is available at AED 1 million. The flats in the tower generate a healthy ROI of 6.8%.
- Marina Diamonds
This is a praiseworthy project by Diamond Developers who are the renowned developer behind the sustainable properties in The Sustainable City. The majestic apartment complex features 6 residential buildings numbered from Marina Diamond 1 to Marina Diamond 6.
Interested buyers can have a look at the different floor plans for studio, 1 bedroom, and 2 bedroom apartments. A perk of choosing to live here is the fact that Marina Diamonds is near the metro station. Not only this, Dubai Tram and Sobha Realty Metro Station are in the vicinity as well – much to the people depending on public transportation.
The average sale cost of a studio flat is AED 485k, while a 1 bedroom apartment is sold at AED 682k. Likewise, a 2 bedroom flat is available at AED 932k. Convinced to invest in Marina Diamonds? The apartment complex boasts an estimated ROI of 6%.
- Marina Pinnacle
This is a 77-floor establishment by Tiger Properties, and features among the tallest residential towers in the Emirate. The configurations of the high-rise skyscraper features a blend of 1, 2, and 3 bedroom flats.
The average cost of a single bedroom apartment is AED 694k. Investors can expect to pay the starting price of AED 973k for a 2 bedroom flat. The biggest unit in the building is 3 bedroom apartments that are priced at AED 1.3 million. To prove these homes are investor-friendly, the flats generate a ROI of 6.5%.
- Marina Gate
This is another residential tower in Dubai Marina that gains attention from investors. Marina Gate is a sleek apartment complex that showcases 2 high-rise residential buildings and 1 serviced apartment tower boasting unique interiors and exceptional design. You can choose your preferred unit by surfing through the floor plans.
One can discover a range of studio to 4 bedroom apartments in these towers. Some of the state-of-the-art amenities include gym, swimming pool, all-day concierge service, and a multipurpose Sports Court.
The average cost of a studio apartment is AED 1.5 million, while you can purchase a 1 bedroom flat for AED 1.8 million. Finally, 2 to 3 bedroom apartments are sold at AED 2.7 million to AED 4.4 million. The estimated ROI of these flats is 6.4%.
- Studio One Tower
Next on the list for the most demanding buildings to purchase flats in Dubai Marina is Studio One Tower. A venture by Select Properties, the tower consists of 31 floors with 2 levels for parking.
Studio One presents 1, 2, and 3 bedroom flats with access to Sheikh Zayed Road and Al Seba Street. A total of 5 elevators, sundecks, sauna rooms, a temperature controlled swimming pool, an open air event space, a gym, and 3 chillers are available in the tower.
The average cost of a studio is AED 638k, while 1 to 2 bedroom apartments are sold at AED 1 million and AED 1.4 million. Coming with an expected ROI of 7%, this venture is a great choice for investors hunting for apartments in Dubai Marina.
This is a multi-building complex in Dubai Marina by Emaar Properties. The establishment consists of two separate buildings – 52 Tower and 42 Tower. Here, 1 to 3 bedroom opulent apartments are available that open views of the sea and marina. Several swimming pools, a multipurpose hall, infinity pools at the podium level, restaurants, retail outlets, and private terraces are all part of the development.
The towers are angled northwards so that the flats overlook Dubai Eye, Dubai Marina, JBR, and Bluewaters Island. Similar to the other Emaar towers, the design of 5242 Dubai Marina is inspired by the architecture of Chicago and New York buildings.
Frequently Asked Questions About Apartments For Sale in Dubai Marina
What is the least average sale cost of flats for sale in Dubai Marina?
The minimum sale price of units in Dubai Marina is:
- AED 400k for studio
- AED 540k for a single bedroom flat
- AED 700k for a 2 bedroom apartment
- AED 1 million for a 3 bedroom flat
Are there other places to purchase flats in Dubai Marina?
Definitely, you can consider the developments of Marina Park, Horizon Tower, Dorrabay, and DEC Tower.
This concludes our guide on the 5 best residential buildings consisting of apartments in Dubai Marina. If you wish to reside in a home with unobstructed views of the Arabian Gulf, do consider investing in these waterfront properties.