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Marina Residence, Dubai Marina

Marina Residence, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Prime Location

Luxurious Amenities

Scenic Views

Weakens

High Maintenance Fees

Traffic Congestion

Limited Parking

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Buildign Overview

Summary

  • Marina Residence is a premier development located in the heart of Dubai Marina, offering stunning views of the waterfront.
  • The building is surrounded by a variety of high-end facilities, including shopping malls, restaurants, and recreational areas.
  • Excellent public transportation connectivity with the Dubai Metro and tram system, ensuring residents can easily navigate the city.
  • Residents enjoy proximity to notable landmarks such as the Jumeirah Beach and the Palm Jumeirah.

Properties Overview

  • Marina Residence features a selection of apartments ranging from 1 to 3 bedrooms, catering to diverse lifestyles and preferences.
  • Popular unit types include spacious 2-bedroom apartments with waterfront views.
  • Rental prices typically range from AED 90,000 to AED 150,000 annually, while sale prices vary between AED 1.5 million and AED 3 million depending on the unit size and floor level.

Market Trends

  • The real estate market in Dubai Marina shows a steady increase, with a rental yield averaging around 6% for investors.
  • Sales trends from the past year indicate a rise in property values due to high demand and limited supply in the region.
  • Future expectations point towards continued growth with a focus on luxury living amidst other developments in Dubai.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby supermarkets include Spinneys and Carrefour, ensuring residents have access to daily needs.
  • Several high-quality schools and nurseries are located within a short drive, such as the International School of Choueifat.
  • Healthcare facilities like Emirates Hospital and the American Hospital Dubai are prominently positioned nearby.

Transportation and Accessibility

  • Public transport options include the Dubai Tram and Metro Station within walking distance, making commuting convenient.
  • Ample parking spaces are available within the building for residents with vehicles, enhancing accessibility throughout the area.

Lifestyle Amenities

  • Residents can enjoy a range of lifestyle facilities including state-of-the-art gyms, swimming pools, and lounge areas.
  • Vibrant eateries and cafes line the marina promenade, offering a variety of dining experiences from casual to fine dining.
  • Outdoor activities such as jogging paths and water sports are readily accessible from the building.

Builing Facilities

  • Modern amenities include high-speed elevators, 24/7 security services, and central air conditioning throughout the building.
  • Regular maintenance services ensure a living environment that remains in top condition and meets residents’ needs.

Special Services

  • Concierge services are available to assist with booking reservations and handling requests.
  • Business centers within the complex offer professional facilities for residents working from home or needing meeting spaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Residence offers versatile floor plans that accommodate various lifestyles, from cozy one-bedroom units to expansive three-bedroom apartments.
  • Floor plans are designed for optimal space efficiency, providing residents with functionality and comfort.

Things to Consider

  • Evaluate proximity to work or school, public transport options, and local amenities before making a move.
  • Consider your long-term investment goals, especially with Dubai’s evolving market and development projects.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Residence organizes regular community gatherings and events, fostering a strong sense of community among residents.
  • Seasonal celebrations and social mixers are also held to enhance resident interaction.

Community Identity

  • The building is known for its modern architectural style infused with elements of sophistication, making it stand out in the Dubai Marina skyline.
  • It promotes a lifestyle that balances luxury living with a vibrant marina lifestyle.

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Detailed Buiding Insights

1. Family Friendliness

Marina Residence is ideal for families, featuring spacious apartments, nearby parks, and access to schools and playgrounds, making it a warm environment for children.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including one to four-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

With 24/7 security personnel, surveillance systems, and controlled access, residents feel safe and secure in their living environment.

Remarkably Secure

4. Transportation

Marina Residence is well-connected to public transportation options, including metro stations and bus services, ensuring easy access to other parts of Dubai.

Highly Convenient

5. Amenities And Facilities

Residents enjoy a plethora of amenities, such as swimming pools, gyms, children’s play areas, and proximity to the marina and shopping malls.

Richly Equipped

6. Cost Of Living

While rental prices can be on the higher side due to location, the amenities and quality of living offered justify the costs for many residents.

Relatively Balanced

7. Things To Do

The community boasts numerous recreational activities, including water sports, beach access, restaurants, and shopping outlets, catering to various interests.

Vibrantly Diverse

8. Noise Levels

Although located in a bustling area, the design of the residences helps to maintain a peaceful environment, offsetting outdoor noise significantly.

Generally Peaceful

9. Pet Friendliness

While some apartments allow pets, restrictions vary, and access to pet-friendly amenities like parks may be limited.

Moderately Accommodating

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Key Information

Developer:  Sharaf Group

Building Type: Residential

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

Length: 172

Unit Types : 1, 2, 3 and 4-bedroom apartments and 4 and 5-bedroom penthouses

Floors: 16

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

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