Dubai Marina is home to an estimated 120,000 residents and is part of the so-called “new Dubai”. The area, which features high-rise towers with some exceeding 400-meters in height, is built around an artificial canal and was developed by Emaar Properties, developer of the world’s tallest building – Burj Khalifa. It is one of the most expatriate-populated areas in Dubai today.
People looking to move into Dubai Marina apartments can choose to rent or buy property from a large number of freehold options. Most buildings offer a panoramic view of the canal while others face the sea. Prices vary depending on the view as well as access to the metro station and the highway.
The district has become a convenient location of residence for many people working in Dubai Media City and Dubai Internet City, two large free zone hubs for various corporations. It is also in close proximity to the American University of Dubai and the Marina Yacht Club, a favorite among those who own a yacht and enjoy sailing. Most Dubai Marina apartments have easy access to a number of retails outlets such as restaurants, cafes, sports clubs and shops that make residing in the area more convenient. Many residents can enjoy taking a stroll, riding a bike or jogging alongside the canal. Alternatively, they can enjoy a meal in one of the many and varied culinary offerings served by the water.
The neighborhood is also known for its opulent 5-star hotels, including Grosvenor House, The Address Dubai Marina, The Habtoor Grand Beach Resort & Spa, and Le Royal Meridien Beach Resort & Spa. In addition to the dining options these hospitality outlets offer, they also feature a wide range of options when it comes to spas, bars and nightclubs for those looking to relax and unwind or enjoy a late night out.
When it comes to the shopping scene, many Dubai Marina apartments are in walking distance from the Marina Shopping Mall. The mall is home to 130 outlets, including the popular Waitrose supermarket, kids and adults apparel shops, a bookshop, health and beauty stores, restaurants and cafes, home appliances, and a cinema. It shopping center overlooks the canal and is connected to The Address Dubai Marina hotel. Visitors wishing to spend the weekend at the mall, can have a meal, check out the various stalls selling handcrafted items along the waterfront, and take a water taxi to a number of other locations in the Marina.As Dubai’s property market sees signs of recovery, prices in many areas have seen an upward trend and Dubai Marina has not been an exception. The average price of a two bedroom apartment costs AED125,000 ($34,033) annually, while a one bedroom flat is now priced at AED82,000 ($22,326). Many residents continue to find the Marina’s prime location by the sea and water, its proximity to Dubai’s main business hubs, and its retail scene attractive.
The beach is a 5-minute drive away and can be easily reached by foot. A large development, known as Jumeirah Beach Residence (JBR), is also part of the Dubai Marina area and comprises of 1.7-kilometers of high-rise buildings overlooking the sea. JBR includes 40 towers and is estimated to house 15,000 people. The Walk at JBR is the term used to describe the 1.7-km stretch of retail space that occupies the ground and plaza levels of the development. Beachgoers and families living in the area often stop by The Walk for a stroll or a meal. The 330-plus retail outlets include F&B, gyms, salons, furniture and clothing shops, bank branches, and many more.
6 4 6 Location: Dubai, Emirates Hills
Development: Emirates Hills
Approx. size: 8,400 square feet
Reference number: HN00029
6 3 6 Location: Dubai, Al Barari
Development: Al Barari
Approx. size: 10,840 square feet
Reference number: BH-AB-01
5 8 7 Location: Dubai, Umm Suqueim
Development: Umm Suqueim
Approx. size: 7,000 square feet
Reference number: MJD00003
0 0 0 Location: Dubai, Pearl Jumeira
Development: Pearl Jumeira
Approx. size: 12,057 square feet
Reference number: CB00055
4 2 5 Location: Dubai, Jumeirah Islands
Development: Jumeirah Islands
Approx. size: 5,176 square feet
Reference number: PC00031