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UAE provides the most impressive and beneficial offers of developments for investors and expats. This country is characterized by a stable economy, perfect security and loyalty to people and businessmen from other countries.
Buy property in Dubai, UAE is always possible at very attractive prices. It is important to know only some of the nuances, which will tell you our specialists. The property market in Dubai offers all types of housing in different areas. One of the profitable for the investment of communities is Dubai Marina.
Luxurious skyscrapers and luxury hotels, a variety of stores and boutiques, seductive aromas of restaurants and cafes, the freshness of the sea breeze - all this leaves the most pleasant impression every moment of being in this quarter.
Emaar Properties, a large development company, was in charge of bringing this delightful project to life. A desert on the Gulf coast is transformed into a glamorous oasis of nearly 5 sq.km. Construction work began in 2003. Dubai Marina was conceived as the largest and most luxurious harbor in the world, which is what it is at the moment.
Today it is a fashionable area with various housing formats: apartments, penthouses, duplex apartments and villas. This elite area has excellent transport links and several metro stations. Most of the beaches here are free, and the abundance of stores and a large shopping center Dubai Marina Mall attracts shopping tourists. A huge variety of entertainment for all tastes and wallets attracts to Dubai Marina lovers of vivid impressions too. Water attraction and parachute center will provide positive emotions and adrenaline for a long time. The famous Dubai Marina Yacht Club is located here. So, tourists love it here.
The architectural landscape mainly consists of skyscrapers. The Walk is especially beautiful at night and the boats on the quay are incredibly beautiful. The skyscrapers Dubai Torch and Cayan Tower are the landmarks of the country. Here almost every skyscraper is special and unique. The area is beautiful both in the sunlight and in the night lights. It offers many amenities for living, recreation, and entertainment. This coastal neighborhood has an excellent infrastructure. There is a lot of housing already commissioned here and there are also properties under construction. So, you can buy any kind of property.
The most common is glamorous housing in skyscrapers. The price range here is very wide, so you can get a home very profitable. Dubai Marina apartments for sale are presented completed and under construction.
The average selling price of apartments for sale in skyscrapers is about 1,200 UAE dirhams per square foot. Penthouses and villas can be more expensive in price.
The average rental price is about 88,000 UAE dirhams per property.
The average yield for investors can range from 5 to 8%.
Off-plan properties in Dubai Marina are a great opportunity to invest in luxury real estate.
The government supports foreign investors and gives very strong guarantees, so investing in this region is really safe. The favorable economic, political and social environment also contributes to the growth of foreign investment.
Despite all the advantages of buying property in Dubai Marina, it has its pitfalls, which are often overlooked even by experienced investors. If you are looking to buy residential property in Dubai for the first time, then you should definitely avail of our experts' services. We will help you avoid mistakes, disappointment and unnecessary financial expenses.
In order to help our clients, make a purchase of a residential property for living or investment in Dubai Marina, we carefully study their preferences and desires. Based on this data, the best properties are selected. You don't have to spend your precious time looking through a lot of listings, comparing prices and other things, analyzing prospects and other things. We will do it all for you.
Be sure to contact us, come to our office, we can help!
We will also give you a tour of the property and the surrounding area, help to draw up documents and check the competence of the transaction.
Senior Sales Adviser of Chelsea International Properties