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Al Majara 2, Dubai Marina

Al Majara 2, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Prime Location

Excellent Amenities

Stunning Views

Weakens

High Maintenance Costs

Limited Parking Spaces

Noise Levels

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Buildign Overview

Summary

  • Al Majara 2 is a premium residential tower situated in the vibrant Dubai Marina area, renowned for its modern architecture and breathtaking marina views.
  • The building is conveniently located near major transport links, including the Dubai metro, ensuring easy access to key areas across the city.
  • Nearby facilities include the popular Marina Mall, various dining options, and leisure spots, making it a desirable location for both residents and investors.
  • Al Majara 2 is part of a cluster of towers that includes Al Majara 1 and Al Majara 3, noted for their similar luxurious offerings.

Properties Overview

  • The building offers a diverse range of residential units, including one, two, and three-bedroom apartments tailored for both rental and sale.
  • Prices for rental apartments typically range from AED 70,000 to AED 150,000 per year, while sales prices can vary from AED 1.2 million to AED 3 million depending on the unit size and layout.
  • The most sought-after configurations often feature stunning marina views and high-end finishes.

Market Trends

  • In the past year, rental prices in Dubai Marina and specifically Al Majara 2 have shown a steady increase, attributed to rising demand in the area.
  • Current market trends indicate a return on investment (ROI) ranging around 7-8% for rental properties in the marina, making it an attractive investment hotspot.
  • Future expectations suggest continued growth in real estate prices in alignment with Dubai’s expanding economic landscape.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to several supermarkets, educational institutions, and healthcare facilities, including well-established schools and hospitals such as Emirates Hospital and Mediclinic.

Transportation and Accessibility

  • Excellent public transport access with the Dubai Tram and Metro stations nearby, facilitating seamless connectivity.
  • The development includes ample parking space for residents and visitors, enhancing overall convenience.

Lifestyle Amenities

  • Al Majara 2 boasts a range of lifestyle amenities including state-of-the-art fitness centers, swimming pools, and numerous dining establishments.
  • The marina promenade offers outdoor recreational activities and scenic walking paths ideal for a vibrant lifestyle.

Builing Facilities

  • Features include high-speed elevators, 24/7 security systems, and centralized air conditioning, ensuring residents’ comfort and safety.
  • On-site maintenance services add to the peace of mind for tenants and homeowners alike.

Special Services

  • The building provides concierge services, assisting residents with day-to-day needs and enhancing the overall living experience.
  • Additional services such as business centers cater to the needs of professionals seeking to work comfortably from home.

Planning Your Move or Investment

Floor Plans and Property Types

  • Al Majara 2 offers a variety of well-designed floor plans catering to both families and individuals, featuring spacious layouts with premium finishes.
  • Units are designed to optimize natural light and maximize living space, which appeals to diverse lifestyles.

Things to Consider

  • Prospective tenants and buyers are advised to review rental agreements and sales contracts carefully, understanding all terms and conditions.
  • Consideration of the building's community atmosphere and amenities is essential when deciding to move in or invest.

Useful FAQs and Support

Events and Building Life

Building Events

  • Al Majara 2 fosters a friendly community atmosphere with regular social events, encouraging interaction among residents.
  • Community events can include holiday celebrations, fitness groups, and networking opportunities.

Community Identity

  • What sets Al Majara 2 apart is its vibrant community living, luxurious lifestyle offerings, and beautiful marina views, making it a true gem in Dubai Marina.

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Detailed Buiding Insights

1. Family Friendliness

Al Majara 2 offers spacious apartments and family-oriented amenities, including nearby parks and recreational areas, making it a great choice for families.

Exceptionally Welcoming

2. Living Options

The community provides a range of living options, from studio apartments to larger family units, catering to different lifestyles and preferences.

Broadly Diverse

3. Safety And Security

With 24/7 security and a well-maintained environment, residents feel safe and secure at all times.

Remarkably Secure

4. Transportation

Located near key transport links, including the Dubai Marina Metro station and easy access to major roadways, residents enjoy excellent connectivity to the rest of the city.

Highly Convenient

5. Amenities And Facilities

Al Majara 2 boasts a range of amenities including swimming pools, gyms, and retail options within the vicinity, enhancing residents' lifestyle.

Richly Equipped

6. Cost Of Living

While Dubai Marina is generally known for higher living costs, Al Majara 2 offers competitive pricing for the quality and amenities provided.

Relatively Balanced

7. Things To Do

The community features numerous activities such as beach access, restaurants, and entertainment venues, making it a vibrant area for residents.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, Al Majara 2 is designed with soundproofing features, ensuring a tranquil living environment.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with nearby parks and open spaces for pets to enjoy, making it a welcoming place for pet owners.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (1Beds)
Rent
102.8K AED
apartment (2Beds)
Rent
158.3K AED
apartment (3Beds)
Rent
15K AED
apartment (1Beds)
Sale
1.7M AED
apartment (2Beds)
Sale
2.9M AED
apartment (3Beds)
Sale
5.8M AED

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Key Information

Buy: 1.2M AED - 5.8M AED

Rent: 7.5K AED - 235K AED

Developer: Emaar Properties

Building Type: Residential

Building Age: 18 years(Date of completion: 2006)

Length: 210

Unit Types :  1 and 2-bedroom apartments 

Floors: 32

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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