Do you pay more to live near the metro station in Dubai Marina?
Living near a metro station is ideal for those who don’t own a car and rely on public transportation for their daily commute. Generally, apartments near the Dubai metro are slightly more expensive than those far away. But it’s not always the case. So, does the theory apply when living near the Dubai Marina metro station? Let’s find out!
LIVING IN DUBAI MARINA
One of the most popular neighbourhoods for apartment living, Dubai Marina offers an upscale, happening lifestyle perfect for the cosmopolitan population of the emirate. This place has everything you can think of when you picture a contemporary residential hub!
The Marina Walk is home to some of the emirate’s best dining and shopping experiences. The bars in Dubai Marina are great for unwinding after work or grabbing a quick drink with friends. You can also head over to the trendy beach nightclubs in Dubai Marina. There are even places to practice yoga in Dubai Marina for those who seek an active lifestyle.
Apart from all the glitz and glamour, living in Dubai Marina is also about having convenient access to amenities, the availability of luxury properties and easy connectivity via public transport. And again, living near Dubai Metro is an added advantage.
LIVING NEAR THE METRO IN DUBAI MARINA VS LIVING FAR FROM IT
Dubai Marina is serviced by two Red Line metro stations — Sobha Realty and DMCC. For this post, we have used the Sobha Realty Metro Station as the point of reference for distance calculations.
Please note that DMCC and Sobha Realty Metro Stations are interchange stations to the Dubai Tram.
Bed Type | <500m | Between 500m to 1km | Difference | >1km | Difference |
|---|---|---|---|---|---|
Bed Type Studio | <500m 64,000 | Between 500m to 1km 53,000 | Difference 11,000 | >1km 61,000 | Difference 3,000 |
Bed Type 1-Bed | <500m 95,000 | Between 500m to 1km 102,000 | Difference -7,000 | >1km 101,000 | Difference -6,000 |
Bed Type 2-Bed | <500m 156,000 | Between 500m to 1km 167,000 | Difference -11,000 | >1km 161,000 | Difference -5,000 |
Studios for Rent Near the Metro Station in Dubai Marina
Based on the data accumulated from Bayut’s listings, a studio apartment located less than 500m away from the metro in Dubai Marina has an average rent of AED 64k. For studios located between 500m to 1 km, expect to shell out AED 53k, on average.
Studios for rent in buildings located more than 1 km from Sobha Realty Metro Station in Dubai Marina have annual rents averaging at AED 61k.
In this particular case, tenants looking for rental studios near the metro station in Dubai Marina need to spend at least AED 3k on annual rent.
- STUDIO
- |
- 1 BATH
- |
- 445 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 976 SQFT
1-Bedroom Flats for Rent
For AED 95k, potential tenants can go for 1-bedroom apartments for rent in Dubai Marina located within 500m from the Sobha Realty Metro Station. On the other hand, those interested in living in properties 500m to 1km from the station can get a 1-BHK rental apartment for AED 102k. Similarly, on average, apartments of the same bed type located more than 1km from the metro station cost AED 101k.
On average, living in a 1-bed flat near Dubai Metro is cheaper than living farther away. You can save up to AED 7k on average when living in 1-bed rental flats near the Sobha Realty Metro Station in Dubai Marina.
2-Bedroom Apartments Near Dubai Marina Metro Station
Now let’s look at how much you must spend living near Dubai Marina metro station in a 2-bed unit. Potential tenants will get a 2-bedroom flat for rent within 500m from the metro for an average cost of AED 156k.
The rental cost moves up to AED 167k for 2-bedroom apartments located between 500m to 1km from the Sobha Realty Metro Station in Dubai Marina. The 2-bed flats located more than 1km from the metro station cost AED 161k, on average.
If we compare the prices, 2-bed apartments for rent in Dubai Marina close to Sobha Realty Metro Station cost AED 11k less than those located between 500m to 1km. However, if you opt for 2-bed apartments more than 1km from the station, you would be spending around AED 5k extra than you would if you lived within 500m of the metro station.
So, if you choose to live near Sobha Realty Metro Station in Dubai Marina in a 1 or 2-bed apartment, you’ll end up with a good bargain as properties are cheaper near the station. However, studios’ prices are higher if you choose a property closer to the metro.
This could be due to a number of reasons. Firstly, most properties near the metro are older than the ones located farther away. Second, farther away properties have better neighbourhood views and less traffic congestion. They also have access to the Dubai Tram, which decreases the impact of living far from the metro.
POPULAR BUILDINGS FOR LIVING NEAR DUBAI MARINA METRO STATION
WITHIN 500 METRES RADIUS
Building | Studio | 1-Bed | 2-Bed |
|---|---|---|---|
Building Marina Diamonds | Studio 65,000 | 1-Bed 87,000 | 2-Bed 137,000 |
Building Marina View Tower | Studio 67,000 | 1-Bed 94,000 | 2-Bed 136,000 |
Building Time Place | Studio 50,000 | 1-Bed 97,000 | 2-Bed 140,000 |
If you’re searching for apartments for rent in Dubai Marina nearest to the Sobha Realty Metro Station, here are the top three buildings located less than 500m from the station.
MARINA DIAMONDS
Marina Diamonds is a cluster of six residential buildings with impressive waterfront views. It’s the most popular building with apartments for rent near the metro in Dubai Marina. The buildings are located close to Dubai Marina Mall and the Marina Walk. Carrefour and Spinneys are nearby, where residents can stock up on groceries and other household items.
To rent apartments in Marina Diamonds, expect to pay AED 81k, on average. It’s the perfect choice for those who wish to live near the metro in Dubai Marina.
- Studios are available for AED 65k.
- Renting 1 and 2-bedroom apartments would cost AED 87k and AED 137k, respectively.
MARINA VIEW TOWER
Marina View Tower, located within 500m of the station, is a two-tower residential complex that offers a variety of apartments in different configurations. The two buildings are known as Marina View Tower A and B. The freehold development was completed in 2007. It offers a range of useful amenities like a gym, spa, health club and pool.
The average cost to rent apartments in Marina View Tower is AED 92k.
- Rental prices for studios is AED 67k, on average.
- The more spacious 1 and 2-bed units are priced at AED 94k and AED 136k, on average.
TIME PLACE
Time Place is another 35-storey building located within a 500m radius of the metro. Rental apartments in Time Place average at AED 122k.
- Compact studios in the tower are available for AED 50k.
- Those searching for 1-bed flats in the building can expect to pay an average of AED 97k and AED 140k for 2-bed units.
FROM 500 METRES TO 1 KM AWAY
Building | Average Price | 1-Bed | 2-Bed |
|---|---|---|---|
Building Marina Gate | Average Price 214,000 | 1-Bed 117,000 | 2-Bed 195,000 |
Building Marina Pinnacle | Average Price 101,000 | 1-Bed 90,000 | 2-Bed 159,000 |
Building Princess Tower | Average Price 130,000 | 1-Bed 98,000 | 2-Bed 150,000 |
Tenants can get a range of apartments for living near Dubai Marina metro station between 500m to 1km.
MARINA GATE
Marina Gate is a good option for renting flats located within a 500m to 1km radius of Sobha Realty Metro Station in Dubai Marina. The complex comprises three towers with impressive apartments.
- The average cost to rent apartments in Marina Gate is AED 214k.
- Those looking for properties near the metro station in Dubai Marina can get 1-bed and 2-bedroom flats for rent in Marina Gate for AED 90k and AED 159k, respectively.
MARINA PINNACLE
Marina Pinnacle is a residential skyscraper that’s popular among tenants looking for a home near metro in Dubai Marina. The 73-storey building has a swimming pool, jacuzzi, kids’ play area and a gym.
- The average cost to rent apartments in Marina Pinnacle stands at AED 101k.
- For 1 and 2-bed flats, prospective tenants can expect to pay AED 90k and AED 159k, respectively.
PRINCESS TOWER
Those who prefer to live within 500m to 1km of the Sobha Realty Metro Station in Dubai Marina may opt for Princess Tower. At 414m, it is currently among the tallest residential towers in Dubai.
- The average price for the apartments for rent in Princess Tower is AED 130k.
- The asking rent for 1 and 2-bed units is AED 98k and AED 150k, respectively.
MORE THAN 1 KM AWAY
Building | Average Price | 1-Bed | 2-Bed |
|---|---|---|---|
Building 5242 Towers | Average Price 219,000 | 1-Bed 118,000 | 2-Bed 190,000 |
Building DEC Towers | Average Price 94,000 | 1-Bed 93,000 | 2-Bed 139,000 |
Building Ocean Heights | Average Price 152,000 | 1-Bed 112,000 | 2-Bed 156,000 |
The extensive variety of rental apartments in Dubai Marina allows tenants the freedom to choose properties that work best for them. These three buildings are popular for renting apartments in Dubai Marina located more than 1km from the metro station.
5242 Towers
Those searching for a flat for rent near Dubai Marina metro station may consider 5242 Towers. The complex is more than 1km from the Sobha Realty Metro Station.
- On average, apartments for rent in 5242 Towers are available for AED 219k per year.
- Tenants will pay AED 118k per year for 1-bed flats for rent in the building and AED 190k, on average, for a larger 2-bed unit.
DEC TOWERS
Counted among the popular buildings to rent studios in Dubai Marina, DEC Towers is a great option for those searching for residential buildings near the Dubai Marina metro. DEC Towers is particularly popular for its large studios, but tenants can also find 1 to 3-bedroom flats here.
- The average price to rent apartments in DEC Towers is AED 94k per year.
- A comfy studio is available for AED 65k.
- A 1-bedroom flat rental price is AED 93k, and a 2-bed unit will cost AED 139k annually.
OCEAN HEIGHTS
Ocean Heights by DAMAC Properties is more than a kilometre from Dubai Marina station – Sobha Realty. The residential tower offers a mix of 1 to 5-bedroom apartments.
- To rent flats in Ocean Heights, tenants must pay an average of AED 112k.
- The average cost to rent 1 and 2-bed flats is AED 112k and AED 156k.
FAQs About Living near Dubai Marina Mall Metro Station
Where can I live to have easy access to Dubai Metro?
Generally, the Dubai Metro Routes cover the stretch of Sheikh Zayed Road (E11), the Old Dubai area and the southwestern suburbs of the emirate. You can live in any of the areas along these routes for easy access to the metro.
If you’re looking for cheaper apartments for rent with easy access to the metro, scour through the properties available in the affordable residential areas near metro stations in Dubai. The list includes Al Nahda, Al Qusais, Deira and Al Karama.
What are some of the most popular buildings to rent apartments in Dubai Marina?
Some of the most favoured buildings to rent studios in Dubai Marina include Marina Diamonds, Manchester Tower, DEC Tower and Studio One. These buildings offer studio to 3-bed units for rent.
Bayut’s Dubai Transactions page offers a detailed index of real estate transaction data from the Dubai Land Department, including property rent history, annual rental volume and values of area-specific rental transactions. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.
WHICH ARE THE NEAREST METRO STATIONS TO DUBAI MARINA?
The nearest metro stations to Dubai Marina are DMCC and Sobha Realty.
Now that you have the complete breakdown of the cost of rent for living near Dubai Marina metro station and the most preferred buildings to rent apartments based on the distance – you can find a rental apartment that is perfect for your preferences. Remember, rental payments largely determine your total cost of living in Dubai.
If the Dubai Metro is your primary mode of transportation, it’s best to look for flats within a 500m to 1km radius of the metro station in Dubai Marina.
For those of you who want the best of both worlds – flats for rent within the 1km distance from the metro are ideal. Those living more than a kilometre away from the metro station can reach the stop through a tram or bus.
You can also look into what you’d pay for living near the Business Bay Metro Station for comparison and added choices.
