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Marina Suites, Dubai Marina

Marina Suites, Dubai Marina

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Strengths

Prime Location

Spacious Accommodations

Excellent Amenities

Weakens

High Prices

Limited Parking

Noise Levels

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Description

Marina Suites, Dubai Marina

Real Estate Overview

Building Overview

  • Marina Suites is an elegant residential development located in the vibrant Dubai Marina, one of the standout waterfront districts in Dubai.
  • The building is situated close to key amenities such as cafes, restaurants, shopping options, and entertainment venues.
  • Public transport access is excellent with the tram station and metro lines nearby, ensuring convenient commuting options.
  • Marina Suites offers picturesque views of the marina and the Palm Jumeirah, enhancing its desirability compared to other local developments.

Properties Overview

  • The development features a variety of units including studios, one, two, and three-bedroom apartments, catering to both renters and buyers.
  • Rental prices for these units typically range from AED 60,000 to AED 140,000 annually depending on size and view.
  • In terms of sales, properties can be purchased from AED 900,000 to AED 2,500,000, with many units being very popular due to their prime location and amenities.

Market Trends

  • The rental market in Dubai Marina has shown steady demand, thus maintaining a competitive occupancy rate of around 85% for 2023.
  • Sales prices have displayed a modest increase over the last year, with an approximate 5% rise, reflecting the area's ongoing popularity.
  • Investors can expect an attractive return on investment (ROI) averaging between 6-7%, supported by continued demand for both rental and purchasing options.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from numerous nearby supermarkets, including Spinneys and Carrefour, ensuring easy access to daily essentials.
  • Education facilities are abundant with reputed schools like Dubai British School and Emirates International School in close proximity.
  • Healthcare options include Al Zahra Hospital and various clinics within short driving distances, providing ample medical support.

Transportation and Accessibility

  • Public transport options include the Dubai Metro and local tram services, which are easily accessible from the building.
  • The area provides ample parking space, facilitating vehicle use while also offering quick access to major roadways such as Sheikh Zayed Road.

Lifestyle Amenities

  • Residents enjoy access to fitness centers, swimming pools, spas, and yoga studios within the building, promoting a healthy lifestyle.
  • A range of dining establishments, coffee shops, and nightlife venues are located within walking distance, catering to a variety of tastes.
  • The nearby Marina Walk offers scenic routes for jogging, cycling, or leisurely strolls along the waterfront.

Builing Facilities

  • Marina Suites features modern elevators, 24-hour security services, and central air conditioning ensuring a comfortable living experience.
  • Maintenance services are available for hassle-free living, complemented by housekeeping options for residents.

Special Services

  • The building includes concierge services, providing residents assistance with various needs and facilitating a luxurious living experience.
  • Business centers and communal spaces are available for both work and leisure activities, supporting a productive environment.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse selection of floor plans is available, ranging from compact studios ideal for singles to spacious three-bedroom apartments perfect for families.
  • Each unit is designed with modern layouts, and high-quality finishes, reflecting contemporary living standards.

Things to Consider

  • Consider proximity to work, schools, and daily amenities when evaluating properties within Marina Suites.
  • Examine the overall cost of living, including utilities, maintenance fees, and community fees relevant to the building.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Suites hosts regular community events, fostering a sense of belonging among residents with activities such as movie nights, holiday celebrations, and fitness classes.

Community Identity

  • The building is characterized by its striking modern architecture and vibrant community spirit, making it a sought-after address in Dubai Marina.
  • Residents take pride in the community's aesthetics and the engaging lifestyle it promotes, further enhancing the building's unique identity.

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Detailed Buiding Insights

1. Family Friendliness

Marina Suites is a family-oriented community with spacious accommodations and a range of activities for children. The proximity to parks and family-friendly restaurants enhances its appeal for families.

Exceptionally Welcoming

2. Living Options

The living options in Marina Suites cater to various tastes and budgets, offering both luxury apartments and more affordable units, appealing to a wide demographic.

Broadly Diverse

3. Safety And Security

The community features a highly secure environment with round-the-clock surveillance and access control, providing peace of mind to residents.

Remarkably Secure

4. Transportation

While Marina Suites is well-connected via public transport and has easy access to main roads, peak traffic times can lead to delays, affecting overall convenience.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy a wealth of amenities including swimming pools, gyms, and recreational areas, making it one of the more equipped communities in the area.

Richly Equipped

6. Cost Of Living

The cost of living in Marina Suites is generally balanced, with options available for both higher-end clientele and more budget-conscious residents.

Relatively Balanced

7. Things To Do

There’s an abundance of leisure activities ranging from seaside promenades to high-end dining and shopping, making it a lively locale with something for everyone.

Vibrantly Diverse

8. Noise Levels

Despite being a vibrant area, Marina Suites maintains a largely peaceful atmosphere, particularly in the evenings and during weekdays.

Generally Peaceful

9. Pet Friendliness

The community is quite welcoming to pets, with several parks and pet-friendly areas nearby, although some regulations on pet sizes may apply.

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:

254.1K AED - 312.8K AED

Rent:

21.3K AED - 32.3K AED

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