Dubai Marina

ABOUT

NEIGHBORHOOD

TRANSPORTATION

EDUCATION

SOCIAL AND CULTURAL FACILITIES

COST OF LIVING

OVERVIEW

REAL ESTATE MARKET

TYPES OF HOUSING

About Dubai Marina

Dubai Marina stands as a gleaming testament to modern architecture and urban planning. This captivating waterfront district is renowned for its luxurious high-rise skyscrapers, elegant yachts gliding along the man-made marina, and vibrant waterfront promenade teeming with life. 

From its inception, Dubai Marina has undergone a remarkable transformation, evolving from a mere construction site into a thriving hub of cosmopolitan living, leisure, and business. The district's strategic location, nestled between the Persian Gulf and the iconic Palm Jumeirah, has further fueled its growth and appeal.

IN A NUTSHELL:

• A man-made marina that stretches for 3 kilometers along the Persian Gulf coastline
• A vibrant waterfront community that offers a variety of activities and attractions
• Popular tourist destination, and it is home to a number of luxury hotels and resorts
• Home to a number of multinational corporations and banks
• Dubai Marina is well-connected to the rest of Dubai by public transportation, including the Dubai Metro
• Home to a number of high-end restaurants, bars, and shops along with some of iconic Dubai properties

Dubai Marina is an affluent residential neighborhood known for its luxurious waterfront properties, chic boutiques, and vibrant nightlife. It is also home to a variety of attractions that appeal to visitors of all ages.

• JBR is a 1.7-kilometer promenade that runs along the waterfront. It is lined with shops, restaurants, and cafes, and it offers stunning views of the marina and the surrounding skyscrapers.
• Dubai Marina Mall is a large shopping center with numerous stores and restaurants. The mall is home to a variety of international brands, as well as local boutiques.
• For those who want to experience the thrill of water sports, there are a number of companies that offer jet ski rentals, parasailing, and wakeboarding. There are also several companies that offer boat tours of the marina, which provide a unique perspective of the city.
• There are restaurants serving a variety of cuisines, from traditional Emirati fare to international cuisine. Visitors can also enjoy a drink at one of the many bars and lounges in the area.

Transportation

Dubai Marina is one of the most popular tourist destinations in the country, and is home to a wide variety of transportation facilities. 

The main modes of transportation in Dubai Marina are the Dubai Metro, Dubai Tram, and water taxis. The Dubai Metro is a driverless, fully automated metro system that serves the entire city of Dubai. The Dubai Tram is a light rail system that serves the Dubai Marina area. Water taxis are a popular way to get around the city, and can be used to travel to many of the city's most popular tourist attractions. 

In addition to these public transportation options, there are also a number of private transportation options available in Dubai Marina. These include taxis, limousines, and car rentals. Dubai Marina is a well-connected city with a variety of transportation options to choose from. Whether you are looking for a quick and affordable way to get around, or a luxurious way to travel, there is an option to suit your needs.

Education

Dubai Marina offers an extensive range of educational facilities, catering to students of all ages and backgrounds. For early childhood education, there are numerous reputable nurseries, such as Raffles Early Childhood Centre Dubai Marina and Chubby Cheeks Nursery Marina. For primary and secondary education, there are several highly regarded schools within close proximity to Dubai Marina. These include Emirates International School, Horizon International School, and Dubai British School Jumeirah Park. These schools offer a variety of curricula, including the British, American, and IB Diploma programmes.

In addition to these mainstream schools, Dubai Marina also boasts a number of specialized educational institutions. These include DXB, a hospitality and tourism school, and the American University in Dubai, which offers a range of undergraduate and postgraduate programs.

Social and Cultural Facilities

Dubai Marina is a vibrant waterfront community that offers a diverse range of social and cultural facilities to its residents and visitors. From world-class shopping malls and dining options to art galleries and theaters, there is something for everyone in Dubai Marina.

For those looking to experience the local culture, Dubai Marina has several museums and heritage sites that offer insights into the region's history and traditions. The Sheikh Mohammed bin Rashid Al Maktoum Cultural Centre is a popular destination for visitors, and the Jumeirah Beach Park is a great place to relax and enjoy the outdoors.

Dubai Marina is also home to a number of parks and gardens, which provide residents with a place to escape the hustle and bustle of city life. Marina Walk is a popular spot for people-watching and enjoying the views of the marina, and the Dubai Mall is home to an indoor ice rink and a bowling alley.

Cost of Living

Dubai Marina is known for its cosmopolitan lifestyle, luxurious amenities, and breathtaking skyline. This upscale neighborhood comes with a corresponding cost of living. 

Rent is the most significant expense, with a studio apartment costing around AED 4,000 (USD 1,088) per month. One-bedroom apartments in Dubai Marina start from AED 6,500 (USD 1,778), while larger apartments can reach AED 20,000 (USD 5,440) or more.

Utilities, including electricity, water, and garbage collection, groceries and transportation facilities are relatively affordable. However, the way you live and experience the city can alter the outcome. Expenses in entertainment can also vary depending on individual preferences and lifestyle.

Overall, Dubai Marina's cost of living is relatively high, particularly for accommodation. However, the luxurious lifestyle, vibrant atmosphere, and access to world-class amenities make it an appealing choice for those seeking a cosmopolitan living experience.

Overview

Dubai Marina is a residential neighborhood located in Dubai. The marina is located on Interchange 5 between Jebel Ali Port and the area which hosts Dubai Internet City, Dubai Media City, and the American University in Dubai. It is also close to the Palm Jumeirah, a man-made island in the shape of a palm tree. The marina is well-connected to the rest of Dubai by public transportation.

Real Estate Market

Housing and rental prices

Dubai Marina is one of the most popular residential areas in Dubai, offering a luxurious lifestyle with stunning views of the marina and the city skyline. Housing and rental prices in Dubai Marina are among the highest in Dubai.

The average annual rent for a one-bedroom apartment in Dubai Marina is AED 90,000, while a two-bedroom apartment will cost an average of AED 139,999 per year. Three-bedroom apartments are even more expensive, with an average annual rent of AED 209,945. 

If you're looking to buy a property in Dubai Marina, you can expect to pay even more. The average sale price for a one-bedroom apartment in Dubai Marina is AED 1,500,000, while a two-bedroom apartment will cost an average of AED 2,500,000.  The property prices in Dubai Marina vary depending on the features of the house.

What has been the district property price trend in recent years? What are the predictions for the future of this trend?

Dubai Marina's property trends have experienced a period of sustained growth, the market experienced a slow trend in 2015 and 2016, before rebounding in 2017. Since then, prices have continued to rise.

The market has witnessed growth in the last year as well. It represents a 5% increase from 2021.

The reasons for the recent increase in property prices in Dubai Marina are complex, but they are largely due to the city's strong economy, growing population, and increasing demand for luxury housing. Dubai is a major tourist destination and a global hub for business and finance. The city is also home to a large and growing expatriate community. As a result, there is a high demand for high-quality housing in Dubai Marina.

About the future of the Dubai Marina property market, most experts believe that prices will continue to rise in the medium to long term. This is due to the strong fundamentals of the Dubai economy and the continued demand for luxury housing.

Which are the most popular and valuable areas in the district?

Some of the most popular and valuable areas in Dubai Marina:

Jumeirah Beach Residence (JBR): This beachfront neighborhood is home to a wide range of luxury apartments and hotels, as well as a popular beach promenade.

Dubai Marina Mall: This large shopping mall is home to a wide range of international brands, as well as a number of restaurants and cafes.

Pier 7: This waterfront complex is home to a number of restaurants, bars, and nightclubs, as well as a cinema and a bowling alley.

Dubai Marina Yacht Club: This yacht club offers a variety of amenities, including a swimming pool, a restaurant, and a bar. It is also a popular spot for yacht parties and events.

Types of Housing

Dubai Marina offers a variety of housing options to choose from.

Apartments are the most common type of housing in Dubai Marina and come in a variety of sizes, from studios to penthouses. Apartments typically offer stunning views of the marina and the city. 

Villas are also a popular choice in Dubai Marina and offer more space than apartments. Villas typically have private gardens and pools.

Townhouses are a good option for families who want more space than an apartment but don't need as much space as a villa. Townhouses typically have two or three floors and their own private entrances.