Popular buildings to buy apartments in Dubai Marina
Dubai Marina, with its magnificent waterfront views, luxury amenities, and spacious apartments, ranks among the most in-demand locations for real estate investors in the UAE. The popular lifestyle destination is also consistently ranked amongst the most sought-after areas to rent or buy properties in Dubai. If you’re looking particularly for flats for sale in Dubai Marina, here are some of the most popular buildings in the area with respective ROIs, prices and amenities.
WHY BUY FLATS IN DUBAI MARINA?
Dubai Marina is one of the most desired addresses in the city, set against the backdrop of a beautiful marina and promenade featuring luxury yachts, unique restaurants and leisure activities. The area is home to a mix of high-rise residential towers and distinguished commercial properties.
Many buyers prefer to purchase apartments in Dubai Marina because of its prime location — with bustling financial districts like Dubai Internet City, Dubai Media City and Barsha Heights in proximity.
The cosmopolitan district is home to more than 200 residential towers, which mainly consist of apartments, with some buildings featuring luxury penthouses and podium villas.
5 POPULAR BUILDINGS TO BUY APARTMENTS IN DUBAI MARINA
Dubai Marina has an imposing array of towering skyscrapers that offer the best of Riviera-style living. Consumer interest on Bayut rank Marina Diamonds as the most searched building in Dubai Marina, followed by Marina Gate, Sulafa Tower, DAMAC Heights, and Princess Tower.
A look at average sales prices for the mentioned Dubai Marina buildings can help you find an apartment that suits your budget.
MARINA DIAMONDS
Marina Diamonds is one of the most impressive projects by Diamond Developers, the acclaimed builders behind the eco-friendly properties in The Sustainable City. The grand apartment complex has six residential buildings numbered from Marina Diamond 1 to Marina Diamond 6.
You can look at the various Marina Diamonds floor plans for studios, 1-bedroom and 2-bedroom apartments.
Those looking at properties close to the metro may consider apartments for sale in Marina Diamonds. These buildings have easy access to the Dubai Tram as well as the Sobha Realty Metro Station.
- The average sale price of a studio apartment in Marina Diamonds is AED 954k.
- For 1-bedroom flats for sale in Marina Diamonds buyers can expect to pay AED 1.40M, on average.
- A 2-bedroom apartment for sale in Marina Diamonds is available at an average price of AED 2.40M.
Thinking of investing in Marina Diamonds? The apartment complex offers an excellent projected ROI of 6.72%.
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MARINA GATE
Another Dubai Marina tower that garners attention from potential investors is Marina Gate. This sleek apartment complex boasts two high-rise residential towers and one serviced apartment tower with cutting-edge design and exceptional interiors.
One can find studios to 4-bedroom units in the towers. The state-of-the-art amenities that come with these luxury flats for sale in Dubai Marina include swimming pools, gymnasiums, multipurpose sports courts and 24-hour concierge services.
- You can buy 1-bed apartments for an average price of AED 2.06M in Marina Gate.
- The larger 2 and 3-bed varieties average at a respective AED 3.43M and AED 5.92M.
The expected ROI for apartments for sale in Marina Gate is 5.23%.
SULAFA TOWER
Another building to buy apartments in Dubai Marina is Sulafa Tower. The tower boasts 81 floors with apartments ranging from 1,2 and 3-bedroom flats. Moreover, there are 718 parking spots to facilitate residents.
Other amenities at Sulafa Tower include a sauna, steam room, swimming pool facilities and gyms. Moreover, there are several retail outlets, local cafés and a Choithrams supermarket. Here’s the prices for various apartments for sale in Sulafa Tower:
- Those interested in a 1-bedroom apartment for sale in Sulafa Tower will need to shell out AED 1.49M, on average.
- The asking price for 2-bedroom flats for sale in the buildings is AED 2.55M.
The ROI for Sulafa Towers is an impressive 6.37%.
DAMAC HEIGHTS
DAMAC Heights is counted among some of the tallest towers in Dubai Marina. DAMAC Properties developed this magnificent structure and it is 1,099 feet tall with 86 floors.
It boasts 640 residential units comprising 1, 2, 3 and 4-bedroom units. The building also features five luxury penthouses and DAMAC Residenze units branded by Fendi Casa.
There are several amenities available for residents such as concierge services, gym, an infinity pool, jacuzzis, saunas, swing chairs, activity tables and interactive games.
- The average cost to buy 1-bedroom apartments in DAMAC Heights is AED 2.01M, on average.
- Luxurious 2-bedroom apartment for sale in DAMAC Heights averages AED 3.02M.
- For a more spacious option, the 3-bedroom flat for sale in the building has an average cost of AED 4.58M.
If we look at the ROI for investing in this building is 5.90%.
PRINCESS TOWER
Princess Tower is one of the tallest towers in the UAE. Developed in 2005 by Tameer Holdings, it has 101 storeys and features 1, 2, 3 and 4-bedroom flats for sale in Dubai Marina.
Princess Tower has more than 700 residential units with several amenities such as gym, a full-floor event area, high-speed elevators and retail outlets. Check out Princess Tower floor plans for a better understanding of the layouts. Here is the price breakdown for homeowners and investors:
- On average, the cost to buy 1-bedroom flat in Princess Tower is AED 1.50M.
- Larger and spacious 2-bed flats for sale in Princess Tower cost around AED 2.62M.
- Those looking for airy homes can opt for 3-bedroom apartments for sale in Princess Tower, available for AED 3.93M.
The projected ROI for apartments for sale in Princess Tower is 6.00%.
FAQs ABOUT BEST APARTMENT BUILDINGS IN DUBAI MARINA
ARE THERE OTHER DUBAI MARINA BUILDINGS TO BUY APARTMENTS?
You can consider developments like Dorrabay, Horizon Tower and Marina Park to buy flats in Dubai Marina. Take a look at sales transactions in Dubai Marina over the past 12 months for a more informed decision.
WHAT IS LIFE LIKE IN THE AREA?
Now that you know about the best buildings to live in Dubai Marina, know what life is like here. Read up on our guide to the pros and cons of living in Dubai Marina.
The area has a lot more benefits than disadvantages. If you are keen on renting in the area, you can read up on the most popular buildings to rent apartments in Dubai Marina.
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- 1861 SQFT
This wraps up our list of the top five buildings to buy apartments in Dubai Marina, based on our data analysis. If you’d like a home with uninterrupted views of the ocean, consider investing in these waterfront properties.
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