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Marina First Tower, Dubai Marina

Marina First Tower, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Prime Location

Modern Amenities

Spacious Layouts

Weakens

High Maintenance Fees

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Marina First Tower is a luxurious residential skyscraper located in the vibrant Dubai Marina, an area renowned for its stunning waterfront views and lively atmosphere.
  • The tower is in proximity to essential amenities such as shopping malls, cafes, and entertainment venues, enhancing the lifestyle of its residents.
  • Public transportation options like the Dubai Metro and numerous bus routes are easily accessible, making commuting convenient.
  • Notable nearby landmarks include the Marina Mall, Jumeirah Beach, and several high-end hotels.

Properties Overview

  • The building offers a diverse range of properties, including studio apartments, as well as one, two, and three-bedroom units, catering to various living needs.
  • Current rental prices typically range from AED 70,000 to AED 180,000 per year, while purchase prices for units vary significantly, depending on the size and view.
  • Popular units often feature panoramic sea views and high-end finishes, appealing to both investors and residents.

Market Trends

  • The Dubai real estate market has shown a consistent growth in rental yields, with Marina First Tower boasting attractive ROI for investors, often around 6-7%.
  • Over the past year, there has been a noticeable demand for luxury apartments, driven by an influx of expatriates and a growing local population.
  • Expectations for the upcoming year predict continued interest in property investments, supported by ongoing infrastructure developments in the Marina area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby supermarkets, such as Spinneys and Carrefour, along with several educational institutions including the International School of Arts and Sciences.
  • Healthcare facilities are readily available, including Mediclinic and Emirates Hospital, ensuring essential medical services are close at hand.

Transportation and Accessibility

  • The Dubai Tram has a station nearby, providing seamless transportation connectivity, alongside easy road access to the Sheikh Zayed Road.
  • Available parking spaces are ample for residents and visitors, ensuring convenience for those with vehicles.

Lifestyle Amenities

  • Amenities within the tower include a fully-equipped gym, swimming pool, and community areas, enhancing the lifestyle offerings for residents.
  • The vicinity features a vibrant dining scene with a plethora of restaurants, cafés, and leisure options, alongside outdoor recreational spaces along the Marina Walk.

Builing Facilities

  • Marina First Tower is equipped with high-speed elevators, 24/7 security, and comprehensive maintenance services to ensure residents' peace of mind.
  • Central air conditioning is integrated throughout the building for maximum comfort during the hot summer months.

Special Services

  • Additional services include a dedicated concierge service to assist with residents' needs and facilitate bookings or service requests.
  • Business centers and meeting rooms are available for residents who require workspaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are offered, from compact studios to spacious three-bedroom apartments, designed to accommodate diverse lifestyles and family sizes.

Things to Consider

  • Before making a decision, potential tenants and buyers should evaluate factors like proximity to work, lifestyle amenities, and community features.
  • Consider the overall market trends and property values in the area to make informed investment choices.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents can look forward to regular social gatherings and community events that foster a sense of belonging and neighborly interaction within the building.

Community Identity

  • Marina First Tower prides itself on its unique architectural design and aesthetic value, contributing to the iconic skyline of Dubai Marina.
  • Cultural events and recreational activities in and around the Marina area further enhance the active lifestyle associated with living in this prestigious location.

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Detailed Buiding Insights

1. Family Friendliness

Marina First Tower offers various family-oriented amenities, including proximity to parks and recreational facilities, making it suitable for families, though more child-oriented activities may be limited in the immediate area.

Moderately Welcoming

2. Living Options

The Tower features a range of apartment sizes, from studios to larger family units, catering to singles, couples, and families alike, which enhances its living options.

Broadly Diverse

3. Safety And Security

The community is equipped with 24/7 security personnel, surveillance cameras, and secure access points which contribute to a strong sense of safety for residents.

Highly Secure

4. Transportation

Marina First Tower enjoys excellent access to public transportation, including the Dubai Metro and public buses, alongside easy access to major roads, facilitating commuting.

Conveniently Accessible

5. Amenities And Facilities

Residents benefit from a variety of amenities including pools, gyms, and communal areas, alongside being within walking distance to shopping centers and leisure facilities.

Richly Equipped

6. Cost Of Living

Costs in Marina First Tower are relatively high compared to other Dubai Marina buildings, reflecting the premium location and quality of living, though still offering a variety of options.

Relatively High

7. Things To Do

The area offers numerous dining, shopping, and entertainment options, with the Marina Walk and various events throughout the year enhancing the lifestyle and activities available.

Vibrantly Diverse

8. Noise Levels

While the area tends to be lively due to nearby attractions, many units within the tower are insulated, though during peak times, some noise from the street and local activities can be heard.

Occasionally Noisy

9. Pet Friendliness

Marina First Tower allows pets, but there are some restrictions on size and breed, along with limited designated areas for pets in the immediate vicinity.

Moderately Accommodating

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Key Information

Building Type:  Residential

Building Age: 16 years(developed in 2008)

Unit Types : Studio, 1 and 2-bedroom apartments

Floors:  9 storeys

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

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