If you want to live the 'high life', Dubai Marina is the place to be. A residential district located on Interchange 5 between Jebel Ali Port and Dubai Internet City, it is a modern and chic neighbourhood. The area is a cluster of towers and villas nestled amongst man-made canals and waterways and is stretched out along the Persian Gulf shoreline.
Marina Promenade, Al Sahab, Al Majara and Marina Quays are the major apartment complexes in the area, in addition to smaller tower clusters, and have a studio, one-bedroom, two-bedroom and three-bedroom flats. The complexes boast several luxurious facilities like assigned indoor parking, gymnasiums, swimming pools and community centres. They also have in-house entertainment facilities like cinemas, retail stores and food and beverage outlets.
Home to Jumeirah Beach Residence, a bustling waterfront community, and The Walk, a commercial strip located at the ground level of the JBR tower cluster, specifically for shopping and dining, Dubai Marina has no shortage of options for a lively night out where you can eat, spend and have a good time. The Walk is attached to the beach and is popular for Al Fresco or open-air dining, with a choice of restaurants so diverse, you can have fancy sushi for lunch and fast food burgers for dinner, all in one day.
A short drive away is Dubai Marina Mall, the one-stop destination for shopping. It's the heart of the district where shoppers can find stores of luxury brands from all around the world.
Part of the 'high life' is happening nightlife, and the Dubai Marina Yacht Club is where it's at. Members of this clubhouse enjoy exclusive access to an infinity pool, boating and yachting services with expert security teams as well as bars, clubs and restaurants.
The area is connected to the rest of the city via Metro and Tram services. The Damac Properties metro station on the Red Line and the Dubai Tramway are the focal points of the public transport network. Residents can also avail of the services of the Dubai Water Bus.
Golf Veduta A, Golf Veduta Hotel Apartments, DAMAC Hills
2 Beds3 Baths1,856 sq ft
Reserved
AED 1,240,000
Peninsula Four, Peninsula, Business Bay
1 Beds2 Baths863 sq ft
Sold
AED 2,000,000
Building A, Al Zeina, Al Raha Beach
1 Beds1 Baths1,065 sq ft
Sold
AED 1,735,000
Orra Marina, Dubai Marina
1 Beds2 Baths910 sq ft
Sold
AED 2,900,000
Golf Veduta A, Golf Veduta Hotel Apartments, DAMAC Hills
2 Beds3 Baths1,856 sq ft
Frequently Asked Questions
Everything you need to know about mortgage services.
Yes, foreigners can buy property in designated freehold areas in the UAE. These areas include popular locations like Dubai Marina, Downtown Dubai, Palm Jumeirah, and many others. Foreign buyers receive the same ownership rights as UAE nationals in these areas.
Yes, in freehold areas, foreign buyers can own 100% of the property. This includes both the property and the land it sits on. However, in leasehold areas, you would own the property but lease the land for a specified period, typically 99 years.
The best approach is to work with a licensed real estate agent, conduct thorough due diligence, secure pre-approved financing if needed, and ensure all legal documentation is properly reviewed. It's also advisable to visit the property in person and understand the local market conditions.
Yes, property buyers can obtain UAE residency through various visa programs. Properties worth AED 2 million or more may qualify for a 10-year Golden Visa, while properties worth AED 750,000 or more may qualify for a 5-year residency visa, subject to meeting other criteria.
The UAE property market offers many advantages including no property taxes, strong rental yields, strategic location, and robust infrastructure. However, like any investment, it's important to research the market, understand your financial goals, and consider factors like location, developer reputation, and market trends.
There's no official minimum salary requirement, but banks typically require a minimum monthly income of AED 15,000-20,000 for mortgage approval. The debt-to-income ratio should not exceed 50% of your gross monthly income, and you'll need a down payment of at least 20-25% of the property value.
Yes, you can qualify for a Golden Visa by purchasing property worth AED 2 million or more. This provides a 10-year renewable residency visa. There are also 5-year visa options for properties worth AED 750,000 or more, subject to meeting additional criteria and maintaining the investment.
The UAE property market can be profitable, with rental yields typically ranging from 4-8% annually. Factors affecting profitability include location, property type, market timing, and rental demand. Dubai and Abu Dhabi have shown strong capital appreciation over the long term, but it's important to research specific areas and market conditions.
Frequently Asked Questions
Everything you need to know about mortgage services.
Yes, foreigners can buy property in designated freehold areas in the UAE. These areas include popular locations like Dubai Marina, Downtown Dubai, Palm Jumeirah, and many others. Foreign buyers receive the same ownership rights as UAE nationals in these areas.
Yes, in freehold areas, foreign buyers can own 100% of the property. This includes both the property and the land it sits on. However, in leasehold areas, you would own the property but lease the land for a specified period, typically 99 years.
The best approach is to work with a licensed real estate agent, conduct thorough due diligence, secure pre-approved financing if needed, and ensure all legal documentation is properly reviewed. It's also advisable to visit the property in person and understand the local market conditions.
Yes, property buyers can obtain UAE residency through various visa programs. Properties worth AED 2 million or more may qualify for a 10-year Golden Visa, while properties worth AED 750,000 or more may qualify for a 5-year residency visa, subject to meeting other criteria.
The UAE property market offers many advantages including no property taxes, strong rental yields, strategic location, and robust infrastructure. However, like any investment, it's important to research the market, understand your financial goals, and consider factors like location, developer reputation, and market trends.
There's no official minimum salary requirement, but banks typically require a minimum monthly income of AED 15,000-20,000 for mortgage approval. The debt-to-income ratio should not exceed 50% of your gross monthly income, and you'll need a down payment of at least 20-25% of the property value.
Yes, you can qualify for a Golden Visa by purchasing property worth AED 2 million or more. This provides a 10-year renewable residency visa. There are also 5-year visa options for properties worth AED 750,000 or more, subject to meeting additional criteria and maintaining the investment.
The UAE property market can be profitable, with rental yields typically ranging from 4-8% annually. Factors affecting profitability include location, property type, market timing, and rental demand. Dubai and Abu Dhabi have shown strong capital appreciation over the long term, but it's important to research specific areas and market conditions.