Where to find Dubai Marina apartments for sale under AED 2M
Want to buy an apartment in Dubai Marina at a reasonable price? This coveted waterfront destination is known for its upscale and happening lifestyle. But even with the luxury element attached to it, the area still has some reasonably-priced residential properties. Let’s look at Dubai Marina apartments for sale under AED 2M.
WHY CONSIDER FLATS IN DUBAI MARINA FOR SALE?
Dubai Marina is one of the most sought-after addresses in the emirate due to its prime location. Aside from luxury skyscrapers, this impressive community is popular for its retail, dining and entertainment venues.
Attractions in the area include Dubai Marina Mall, Dubai Marina Walk, Pier 7 and Dubai Marina Yacht Club. Furthermore, the area’s position as one of the freehold areas in Dubai adds to its allure for local and foreign investors. Apartments in the area can generate projected ROIs of up to 8.18%, which makes these properties a lucrative addition to investment portfolios.
POPULAR BUILDINGS WITH APARTMENTS FOR SALE IN DUBAI MARINA UNDER AED 2M
Looking for Dubai Marina apartments for sale under AED 2M? Here are the most popular buildings that offer properties in this range.
MARINA PINNACLE
Marina Pinnacle is one of the tallest residential buildings in the UAE and is located on Al Sharta Street, adjacent to the Marina 101 building. It has three dedicated levels for parking.
Apart from the swimming pool and gym facilities, residents at Marina Pinnacle have access to a jacuzzi. A 24-hour concierge and reception are available for the convenience of residents and guests.
This building offers luxury apartments for sale in Dubai Marina under AED 2M.
- A 1-bedroom apartment in Marina Pinnacle will cost you around AED 1.31M, which is below the 2M mark making it one of the most affordable properties in Dubai Marina.
- These apartments can generate an average ROI of 7.62% annually.
MANCHESTER TOWER
Manchester Tower is a project of the Manchester Real Estate Group. It is one of the most sought-after residential buildings with flats for sale in Dubai Marina under AED 2M.
The 30-storey building is particularly popular among those looking to buy cheap apartments in Dubai Marina. It lies adjacent to Al Seba Street, which connects it with King Salman bin Abdul Aziz Al Saud Street (D49). Residents have access to amenities like a rooftop communal swimming pool and gymnasium. It is a pet-friendly development. However, tenants are advised to seek their landlord’s permission before bringing their pets.
- You can find 1-BHK flats for sale in Manchester Tower for a price of AED 1.3M, making it an affordable option.
- Flats for sale in Manchester Tower have projected ROIs averaging at 7.63%.
You can refer to the floor plans for Manchester Tower for a closer look at the apartments’ layouts.
MARINA DIAMONDS
Marina Diamonds complex features six mid-rise residential buildings. It is one of the popular choices to buy an apartment in Dubai Marina under AED 2M.
Residents of Marina Diamonds can take advantage of several amenities, such as shared gym facilities, a sauna, a steam room, a swimming pool and a 24-hour concierge service.
- Marina Diamonds offers great value for money, with an average sales price of AED 975k for studios and AED 1.32M for 1BHK.
- The flats for sale in Marina Diamond have favourable ROIs averaging at 7.42%
ESCAN MARINA TOWER
Escan Marina Tower is close to the interchange where Sheikh Zayed Road (E11) and Garn Al Sabkha Street (D59) intersect. It is a high-rise building featuring 1, 2 and 3-bedroom flats. It is a popular choice to buy apartments in Dubai Marina amongst people looking for affordable waterfront homes.
Amenities offered to the residents include a fully equipped gym, pool and a sauna room.
- The apartments for sale in Escan Marina Tower offer a projected ROI of 7.17%.
- For 1BHK, you can expect to pay AED 1.3M.
DEC TOWERS
DEC Towers is located just a short distance from Marina Walk, which gives residents easy access to multiple cafes and restaurants nearby. Additional perks for residents include a daycare centre, jogging track and several sporting facilities for kids.
The building’s parking space allocation depends on the apartment type. Those living in 1-bed units receive one slot, while residents with 2-BHK homes get more parking space.
- You can buy a studio apartment in this complex for an average sale price of AED 937k.
- The 1-bedroom flats for sale in DEC Towers average at AED 1.3M.
- The apartments for sale in DEC Towers generate an average rental yield of 8.18%.
FAQS ABOUT FLATS FOR SALE IN DUBAI MARINA
WHERE ELSE CAN I FIND 1-BED FLATS IN DUBAI MARINA?
Aside from the buildings mentioned above, Bayut’s sales transactions in Dubai Marina show that Vida Residences, The Royal Oceanic and Botanica Tower are popular among home buyers and investors. Exploring the pros and cons of living in Dubai Marina before you move to the area is also a good idea.
Where can I rent affordable apartments in Dubai Marina?
Want to live as a tenant in the community? Luckily there are several buildings popular for renting in Dubai Marina, like Marina Diamonds, Marina Gate, etc.
Bayut’s Dubai Transactions page offers a detailed index of real estate transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values. This resource enables you to make informed decisions by comparing advertised prices with transactional prices for properties of interest.
That’s all for our roundup of the buildings where potential investors can buy apartments for sale in Dubai Marina under AED 2M. If you’re looking for luxurious apartments in Dubai, consider Burj Khalifa, City Walk and Bluewaters Residence.
Want to invest in a villa? Our guide lists the top five areas to buy 4-bedroom villas in Dubai under 3.5M.
