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Marina Park, Dubai Marina

Marina Park, Dubai Marina

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Strengths

Prime Location

High-Quality Amenities

Modern Architectural Design

Weakens

High Property Prices

Traffic Congestion

Limited Parking Spaces

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Description

Marina Park, Dubai Marina

Real Estate Overview

Building Overview

  • Marina Park is a distinguished residential building located in the vibrant Dubai Marina area, known for its stunning waterfront views.
  • The building is surrounded by a plethora of amenities including upscale dining, retail spaces, and leisure activities, making it a prime location for residents.
  • Proximity to Sheikh Zayed Road and public transport options such as the Dubai Metro and tram service enhances connectivity to the rest of the city.

Properties Overview

  • Marina Park offers various residential options, from one to three-bedroom apartments, catering to families and professionals alike.
  • Current rental prices range from AED 70,000 to AED 150,000 per year, while sale prices typically span between AED 1.5 million and AED 3 million depending on the unit size and features.
  • The most sought-after units often feature expansive layouts and exceptional views of the marina.

Market Trends

  • Rental prices in Dubai Marina have seen a steady increase, reflecting a demand for premium waterfront living.
  • Sales trends indicate a competitive market with an average ROI of around 6-7%, appealing to both investors and end-users.
  • With the ongoing development in the surrounding area, expectations for property value appreciation remain positive.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to a variety of supermarkets, including Carrefour and Spinneys, as well as international schools and reputable healthcare facilities nearby.
  • Prominent hospitals such as Mediclinic and Emirates Hospital are within a short driving distance.

Transportation and Accessibility

  • Marina Park benefits from its close proximity to public transportation, including the Dubai Marina Tram and Metro stations, facilitating easy commutes.
  • Ample parking spaces are available for residents and their guests, ensuring hassle-free access.

Lifestyle Amenities

  • The building boasts on-site lifestyle amenities, including a state-of-the-art gym, swimming pools, and landscaped gardens.
  • Residents can enjoy nearby restaurants and cafes, offering a diverse range of cuisines and dining experiences, alongside leisure options like beaches and parks.

Builing Facilities

  • Marina Park features modern conveniences such as high-speed elevators, 24-hour security services, and central air conditioning to ensure residents’ comfort.
  • Regular maintenance services are provided to ensure the building remains in excellent condition.

Special Services

  • Additional services include a concierge to assist with everyday needs, guest services for visitors, and business centers equipped for professional use.
  • Unique amenities may include recreational areas suitable for families and community events.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Park presents a variety of floor plans, accommodating diverse lifestyles with options from cozy one-bedroom units to spacious three-bedroom residences.

Things to Consider

  • Potential renters and buyers should evaluate factors such as the unit’s view, proximity to amenities, community vibe, and ongoing development projects in the area.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Park fosters a sense of community through regular events and social gatherings, helping residents to connect and engage with one another.

Community Identity

  • Marina Park is recognized for its modern architectural design blended with luxurious living, offering residents a unique coastal lifestyle.
  • The community emphasizes a balanced lifestyle with an array of recreational and cultural activities available nearby.

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Detailed Buiding Insights

1. Family Friendliness

Marina Park offers a range of family-friendly amenities, including playgrounds and parks, making it an ideal environment for children and parents alike.

Exceptionally Welcoming

2. Living Options

The community features a variety of housing options, from luxury apartments to townhouses, catering to different family sizes and budgets.

Broadly Diverse

3. Safety And Security

Security measures in Marina Park, including 24/7 surveillance and gated access, contribute to a safe living environment.

Remarkably Secure

4. Transportation

Easy access to major roads and public transportation options, such as the Dubai Metro, allows for quick commuting across the city.

Very Convenient

5. Amenities And Facilities

The community is well-equipped with amenities such as gyms, swimming pools, and retail spaces, ensuring residents have everything they need close by.

Richly Equipped

6. Cost Of Living

While living in Marina Park provides numerous benefits, the cost of living is higher than average compared to other areas in Dubai.

Relatively High

7. Things To Do

With its proximity to the beach, shopping malls, and cultural attractions, there is no shortage of activities and experiences to enjoy.

Vibrantly Diverse

8. Noise Levels

Despite being a lively area, residents report that noise levels are mostly manageable, particularly in the evening.

Generally Peaceful

9. Pet Friendliness

Marina Park features numerous pet-friendly spaces and policies, making it a great choice for pet owners looking for a welcoming community.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

240.8K AED - 371.9K AED

Rent:

24.9K AED - 33.9K AED

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