Dubai Marina is probably one of the most famous and most popular area of Dubai among foreigners. What is its popularity associated with?
The project to create an artificial bay for yachts and boats on the western outskirts of Dubai was born at the beginning of this century, following the idea of creating the famous palm island of The Palm Jumeirah. The ambitious project eventually became a key area, the center of the “new” Dubai. The general developer of the project is one of the largest development companies in the world - Emaar Properties PJSC.
In just 6 years, around two hundred high-rise buildings around an artificial bay in the immediate vicinity of the sea. Now Dubai Marina is the world's largest complex project of an artificial harbor, which stretches for almost 4 kilometers from the Dubai International Maritime Club in the east to the Sheraton Jumeirah hotel in the west. Dubai Marina is one of the few man-made structures on the planet that can be seen from space with the naked eye.
To date, most of the planned buildings have already been built. Over the past few years, residents of Dubai have been observing how a new urban area with a population of about 100 thousand inhabitants is growing out of sand almost before their eyes. Particularly impressive changes have occurred in the last 1.5-2 years, when the area began to be actively populated, new shops, restaurants, cafes and boardwalks began to open. As more and more construction projects are completed, the district is increasingly acquiring a residential look with its own rhythm of life. Gorgeous yachts, standing on the pier along the embankments, the quiet splash of water and the delicate smell of a traditional Arabian hookah - “shisha”, coming from open cafes and restaurants, instantly make you forget about the hardships and problems of everyday life, transferring to a world of carefree and luxurious resort life. It must be said that along with the clear signs of Arab culture, which can be traced both in architecture and in traditional Dhow boats that drive vacationers along the bay and bay, Dubai Marina, without a doubt, can be called one of the most cosmopolitan areas of Dubai. Among residents and vacationers here you can meet representatives of almost all nationalities, cultures and religions. Therefore, the area is very popular among visitors (mainly Europeans, Americans and Australians), although from the point of view of the indigenous Arab population, it is considered too "European". Separately, it is worth mentioning the grand coastal project Jumeirah Beach Residence, built by Dubai Properties. The world's largest construction project has 36 high-rise residential buildings and 4 hotels, united by a common podium part, which houses shops, cafes, restaurants, swimming pools, walking areas, etc. Along the entire complex, the promenade The Walk, almost 2 km long, is arranged along the seashore.
Directly along the coast, in front of the Jumeirah Beach Residence and The Walk, there are the famous Dubai five-star beach hotels: Habtoor Grand, Le Royal Meridien, Ritz Carlton, Hilton and Sheraton. All vacationers and residents of the area have free access to one of the best beaches on the coast, stretching for almost 3 km. Over the past year, The Walk Promenade has become a favorite vacation spot for Dubai residents. In the evenings on weekends, the coast literally comes to life, and the promenade can compete with the most busy pedestrian streets of the largest cities in the world in the number of people resting.
Late last year, a new Dubai Marina Mall opened in the Dubai Marina area. It covers an area of 350,000 sq.m. and it housed 160 stores and boutiques, including the Waitrose supermarket, clothing stores, jewelry, home goods and furniture. In addition, by the end of the year, it is planned to open the Address hotel and the Gourmet Tower (Gourmet Tower), a unique building in the shopping center, all seven floors of which will be entirely reserved for gourmet restaurants. Thus, the heart of the “new Dubai” district of Dubai Marina is attractive for foreigners, because it offers its own unique style, combining luxury and comfort, convenience and a quiet rhythm of resort life in the center of one of the busiest business centers in the world.
In terms of property value, the Dubai Marina area is considered one of the most prestigious and expensive in Dubai. However, the level of equipment and quality of decoration of houses, their location, as well as the size and layout of the apartments themselves are too diverse. Therefore, there is a wide range of prices in this area and real estate buyers can choose apartments in accordance with their budget. One of the most inexpensive buildings in the area are Marina Diamond (consists of 6 buildings), Manchester Tower, DEC Towers. The cost of 1 sq.m. in these buildings ranges from $ 2,500 to $ 2,800. Despite the relative cheapness, they have pools, gyms, saunas, tennis courts and much more.
The middle category includes projects by EMAAR, such as Marina Promenade, Al Sahab, Park Island, as well as projects of most other developers. The apartments have panoramic views of Dubai Marina and partly on the sea, as a rule, large areas, the average size of one-bedroom apartments in these houses is about 90 square meters, while in inexpensive ones about 70 square meters. The cost of apartments in these buildings varies between $ 3,500 - $ 3,800 per 1 sq.m. A separate category includes the complex of high-rise buildings of the Jumeirah Beach Residence (JBR) project. The main advantage of this project is its location - it is located on the first coastline of the Persian Gulf with direct access to the beach. The cost of apartments varies greatly. Depending on the type (many apartments have a full view of the sea), floor, location of the building itself, the cost of 1 sq.m. will be between $ 3400 - $ 4500.
One of the most fashionable buildings in the area include Iris Blue, Al Fattan Towers, Trident buildings, Dubai Marina Towers (the first 6 buildings built by EMAAR). In these projects you will find high-quality finishes, spacious rooms, beautiful views of the area and the bay, as well as many other delights. The average cost of 1 sq.m. will be $ 4000 - $ 5000.
You can get any additional information from the specialists of IMEX Real Estate by tel. in Moscow +7 495 9842053, toll-free number in the UAE 800-IMEX (800-4639) or by sending a request by e-mail [email protected].
