Marina Residences
Marina Residences
Marina Residences is a spectacular waterside development on Palm Jumeirah with six residential towers, featuring two and three bedroom apartments as well as luxurious penthouses.
FACILITIES
- Supermarket
- Beach Access
- Gated Community
- Tennis Courts
- Sports & Leisure Amenities
- Gymnasium
- Kids Play Area
- Parks and Leisure Areas
- Swimming Pool
Bedroom Apartment
- 2-3
STARTING PRICE
- AED 2,990000
LOCATION
- Palm Jumeirah
Marina Residences Collection Summary
Marina Residences is situated at the tip of the Palm Jumeirah trunk. The six 15 storey apartment buildings, three on each side of the main road, are built around a 600-berth Anchor Marina.
Dubai continues to redefine the standard for luxury with the world’s leading five-star hotels, including the world’s only seven-star hotel, a vast array of prestigious lifestyle brands, and a truly astonishing range of marquee real estate developments. It is the ideal playground for sunbathers and water sports enthusiasts alike, with miles of white sandy beaches and year-round sunshine. And Dubai is considered the Gulf’s golfing capital, hosting European tour events on a host of premier courses.
You can also indulge in some of the world’s most prestigious retail attractions with some of the world’s largest shopping malls featuring all the leading brands. Home to a yearly shopping festival, the Emirate draws record-breaking numbers of international visitors to experience a genuine retail extravaganza. However, what truly makes Dubai the world’s fastest growing city and one of the world’s largest trading centers is the progressive business-friendly infrastructure, strategic geographic location and broad scope of entrepreneurial opportunities in technology, media, construction, education, retail and services.
FAQ
Yes, foreigners can buy property in Dubai. There are designated areas known as freehold areas where non-UAE nationals can own property outright. Popular freehold areas include Dubai Marina, Downtown Dubai, Palm Jumeirah, and Jumeirah Lakes Towers (JLT).
Besides the purchase price, buyers need to consider several additional costs, including a 4% Dubai Land Department (DLD) fee, a 2% real estate agent commission, mortgage registration fees if applicable, and possibly service charges or maintenance fees depending on the property.
The process of buying property in Dubai typically takes around 30 to 60 days. This includes time for securing financing (if needed), conducting property inspections, and completing legal paperwork.
Investing in Dubai property offers several benefits, including a tax-free environment, high rental yields, strong capital appreciation potential, and the ability to obtain a residency visa for investors. Additionally, Dubai’s strategic location and world-class infrastructure make it an attractive destination for property investment.