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Marina Gate 1, Dubai Marina

Marina Gate 1, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Prime Location

Modern Amenities

High-Quality Construction

Weakens

High Rental Costs

Limited Parking Space

Noise Levels

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Buildign Overview

Summary

  • Marina Gate 1 is an iconic residential tower situated in the heart of Dubai Marina, known for its stunning views and modern architecture.
  • The building is strategically located near major attractions including The Walk at JBR and the Dubai Marina Mall.
  • Public transportation options such as the Dubai Metro and various water taxis provide easy access to the building.
  • Compared to nearby developments like Marina Gate 2 and 3, Marina Gate 1 stands out with its premium amenities and luxury living experience.

Properties Overview

  • The tower features a mix of spacious one, two, and three-bedroom apartments designed for both tenants and investors.
  • Rental prices range from AED 80,000 for one-bedroom units to AED 180,000 for larger three-bedroom apartments.
  • In terms of sales, properties are priced between AED 1.5 million to AED 3.5 million, appealing to a wide range of buyers.

Market Trends

  • The rental market has shown a steady growth of about 5% annually, while sales prices have appreciated by 8% over the past year.
  • Return on investment (ROI) for rental properties in Marina Gate 1 averages around 6%, making it an attractive option for investors.
  • Future market expectations indicate stable growth due to continued demand and ongoing development in Dubai Marina.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to various supermarkets including Carrefour and Spinneys, alongside educational institutions like the Dubai British School.
  • Healthcare facilities such as Emirates Hospital Clinic and Mediclinic are located nearby to cater to residents' needs.

Transportation and Accessibility

  • The building offers convenient access to public transportation, with the Dubai Marina Metro station located a short distance away.
  • Parking spaces are ample, providing hassle-free access for residents with vehicles to major roadways and thoroughfares.

Lifestyle Amenities

  • Marina Gate 1 features a state-of-the-art gym, infinity pool, and direct access to a variety of high-end restaurants and cafes.
  • Outdoor activities are abundant, thanks to the nearby beach and promenade ideal for jogging or leisurely strolls.

Builing Facilities

  • Key facilities include high-speed elevators, 24-hour security with CCTV surveillance, and centralized air conditioning systems.
  • Professional maintenance services ensure the building remains in top condition all year round.

Special Services

  • Residents enjoy exclusive concierge services, guest reception, and a dedicated business center for meetings and remote work options.
  • Unique wellness amenities, including sauna and steam rooms, enhance the lifestyle experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Gate 1 offers a selection of well-designed floor plans from cozy one-bedroom apartments to spacious three-bedroom units, catering to diverse preferences.

Things to Consider

  • Before moving or investing, consider factors such as proximity to work, lifestyle amenities, and available services in the area.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Gate 1 hosts regular community events, from holiday celebrations to fitness classes, fostering a strong sense of community.

Community Identity

  • The building is recognized for its sleek design and vibrant lifestyle, making it a landmark in Dubai Marina.
  • Art installations and unique architecture contribute to its cultural significance and recreational offerings in the area.

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Detailed Buiding Insights

1. Family Friendliness

Marina Gate 1 offers family-friendly amenities such as swimming pools and children's play areas. Its proximity to schools and parks adds to its appeal for families.

Generally Welcoming

2. Living Options

The community features a wide range of living options, from luxury apartments to more affordable units, catering to different lifestyles and budgets.

Diverse Offering

3. Safety And Security

With 24/7 security surveillance, access control systems, and a gated entrance, residents feel safe and secure in Marina Gate 1.

Highly Secure

4. Transportation

Marina Gate 1 is located near major roadways, and offers easy access to public transportation, including the Metro and tram services, making commuting straightforward.

Conveniently Accessible

5. Amenities And Facilities

Residents enjoy a plethora of amenities, including gyms, pools, retail shops, and restaurants, all within a short distance.

Extensively Equipped

6. Cost Of Living

While the cost of living is on the higher side, it reflects the luxurious lifestyle and amenities available in the community, making it a worthwhile investment.

Moderately High

7. Things To Do

The area features a vibrant waterfront with various dining, shopping, and entertainment options, providing plenty of activities for residents and visitors.

Richly Engaging

8. Noise Levels

While generally peaceful, the proximity to bustling restaurants and nightlife can contribute to occasional noise, especially during weekends.

Occasionally Lively

9. Pet Friendliness

Many residential units and public spaces in Marina Gate 1 welcome pets, and there are parks nearby suitable for walking dogs.

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
130.3K AED
apartment (2Beds)
Rent
175.6K AED
apartment (3Beds)
Rent
307.8K AED
apartment (4Beds)
Rent
947.1K AED
apartment (0Beds)
Rent
75K AED
apartment (5Beds)
Rent
1.3M AED
apartment (1Beds)
Sale
2.3M AED
apartment (2Beds)
Sale
3.5M AED
apartment (3Beds)
Sale
5.9M AED
apartment (4Beds)
Sale
11.6M AED
apartment (0Beds)
Sale
1.4M AED

Schools

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Key Information

Buy: 1.4M AED - 12.5M AED

Rent: 15.8K AED - 1.8M AED

Developer: Select Group

Building Type: Residential

Building Age: 6 years(completed in 2018)

Length: 399 

Unit Types : Studio, 1, 2, 3 and 4-bedroom apartments, penthouses

Floors: 52

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

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Avg Price for sale: 4.1M AED

Avg Price for rent: 191.2K AED

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