Investment Property Spotlight: Dubai Marina

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Stylish waterfront development Dubai Marina is one of the city’s best known and best loved neighborhoods. The community has a great mix of residential and commercial properties, and fantastic amenities.  

Apartments for rent in Dubai Marina are not listed for long as the district is a well established, highly sought after area in a prime central location.

This article shines a light on the types of properties available to investors in Dubai Marina and what makes this area a magnet for renters, particularly young professionals and expats.  

About Dubai Marina 

Sparkling Dubai Marina pulses with life. With the Dubai Marina Yacht Club, the Marina Mall, Marina Beach, watersports galore, an array of restaurants and cafes, pop-up weekend markets, cinemas and more, there is so much to enjoy about living here.  

Marina Walk is at the heart of Dubai Marina. It is lined with plenty of glitzy restaurants and charming cafes to enjoy day and night, and boutiques featuring all the latest fashions. The area is always busy with people taking a jog or relaxing stroll, or heading to their favorite eatery or store.

Several luxury hotels in Dubai Marina bring in visitors. Traditional dhow cruises around the Marina are popular with tourists and weekend daytrippers alike. XLine Dubai Marina, the world’s longest urban zipwire, and Skydive Dubai are both well-loved attractions in the area. 

Dubai Marina is at its most vibrant at night when its skyline views really come into their own. In the evening, people come from all over the city to enjoy stunning vistas from world-class restaurants and late night dhow cruises. 

Living in Dubai Marina

Areas with great amenities and transport links for rentals make excellent investment opportunities. Dubai Marina is known to be one of the most upbeat, exciting neighborhoods in Dubai and it appeals to young professionals looking to live life to the max.

Dubai Marina has top notch amenities. Residents here can enjoy the following amenities:

  • Several hospitals, health clinics and dental clinics
  • Major brand shopping and a cinema within Marina Mall
  • Supermarkets, grocery stores and pharmacies
  • Nurseries 
  • Gyms and fitness facilities  
  • Laundry collection services
  • Several dining establishments featuring almost every cuisine and catering to every budget

Transport links in and out of the marina are excellent. The community is only a 10-minute drive from Interchange 5 of Sheikh Zayed Road and it also boasts:

  • Two metro stations
  • A tram service
  • Two bus lines
  • Ferry
  • Water bus

The central location of Dubai Marina, plus excellent road and rail links means low commute times all over the city. Dubai Marina apartments attract renters working in areas like Business Bay (30 minutes), Dubai Media City (15 minutes), or Jebel Ali Free Zone (25 minutes).

Property in Dubai Marina

Residences in Dubai Marina are almost all housed in residential towers or mixed-use developments. Smaller studio properties are available through to luxury 5-bedroom penthouse apartments with incredible marina views. 

Most buildings in Dubai Marina offer their residents state-of-the-art facilities and amenities. The neighborhood is considered a luxurious place to live and expectations are high. 

To give examples of typical Dubai Marina properties, we’ll highlight two Marina developments that are popular with investors.

Marina Gate

Marina Gate is a mixed residential and hotel development. Residents enjoy:

  • Direct access to Marina Walk
  • 24 hour concierge service
  • Marina views
  • An infinity pool
  • Gym

Properties for sale or rent are available in two towers with the Marina Gate development, the tallest of which stretches up to 64 floors. 

KG Tower

The KG Tower is one the Marina’s smaller developments with twenty floors and is exclusively residential. It was designed to resemble a sailing boat at sea and its blue and cream facade is striking amongst its taller neighbors. 

KG Tower is known for its spacious apartments and generous balconies. Residents can enjoy:

  • A swimming pool, spa and gym on site
  • A supermarket 
  • Underground parking
  • Concierge service. 

The Marina Walk, Dubai Marina Mall and Marina Beach are all within walking distance of KG Tower.  

The Advantages of Investing in a Dubai Marina Property

Dubai property in general is considered a wise investment. The city is safe, its economy is stable, and the government continues to invest in excellent infrastructure. Dubai continues to attract people from all over the world to work, and many of these people will be looking to rent property. 

For those trying to decide which area of Dubai to invest in, Dubai Marina offers three advantages over neighboring areas.

  1. It’s a proven popular area.

Many Dubai Marina properties were finished 15 years ago. Since then, the area has proved consistently popular and is still very sought after by renters. Buying a secondhand property here is considered a safer choice for investment purposes than a property within an up and coming or incomplete development. 

  1. It’s attractive to renters.

Dubai Marina’s popularity with young professionals and expats means that many people are seeking to rent a property here. Occupancy rates are typically above 90%. 

  1. It promises good rental yields.

Typical gross rental yields for Dubai Marina properties are currently around 5-7%. 

Why not take a look at which Dubai Marina properties are available now, and see the high quality of the area and its developments for yourself?