Dubai Marina

“Arabian Venice” — that’s the name Dubai Marina was given due to its extended gulf. It is a prestigious residential area of Dubai with numerous skyscrapers, hotels, and restaurants. Covering only four square kilometers in total, Dubai Marina is one of the smallest parts of Dubai. It’s second only to Downtown Dubai, which covers only two square kilometers. Nevertheless, Dubai Marina is the most built-up and populated area.

Dubai Marina is located on the west side of Dubai between Jebel Ali and Al Sufouh. It consists of 10 smaller districts. The Jumeirah Beach Residence is the most popular from them. It was projected and implemented by Emaar Properties, which operates under the government’s authority. The company also has created such sites as Downtown Dubai, The Dubai Mall, The Dubai Opera, Dubai Fountain and others.

The area surrounds the artificial harbor that extends up to 3 kilometers. That gives it the name “Dubai Marina” — “harbor for the yachts.” The construction began in 2003, and now is almost finished. Dubai Marina is planned to be the biggest artificial harbor for yachts, that will leave behind Marina del Rey in California, USA.

APARTMENTS

AED 2.119.998

Verve 1-5BR Apartments and Penthouse

APARTMENTS

AED 1.000.000

LIV Marina Studios & 1-3BR Apartments

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FAQ

Foreigners can buy property in Dubai and are eligible to apply for a mortgage from both national and private banks. The criteria and terms for loans vary by bank, based on factors such as income and residency.

Investing in Dubai is beneficial due to the absence of property taxes, a growing population, favorable visa policies, strong rental yields, and competitive property prices.

Foreigners are allowed to own 100% of the property in designated “freehold” areas in Dubai, as per the government’s policy.

When compared to many other cities globally, Dubai offers relatively affordable real estate prices per square foot, making it an attractive location for personal property investments.

Foreign investors can obtain a UAE residency visa for ten years by purchasing real estate worth at least AED 2,000,000 in the Freehold Zones, where foreigners are allowed to buy property.

As a property owner in Dubai, you can apply for a renewable 2-year residence visa, provided you maintain ownership and visit Dubai at least once every 180 days.

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