With the reduction of Property prices in the last 2 years Dubai marina as become a very affordable option for commuters going to Abu Dhabi, Back in 2008 Dubai Marina became one of the most expensive areas of Dubai to purchase property with prices ranging from 3000 aed to 6000 aed per sq ft dependent on quality and location of the marina Apartment being offered, the top priced units were Le Reve and Emaar developments.
Today Dubai Marina Property tells a different story with property prices now ranging from 800 aed to 2000 aed per sq ft making the marina a much more affordable option for investors.
Many commuters are choosing the marina as a viable option to even commute to Abu Dhabi with Good connection along the SZR highway journey time can be as little as 1 hr, with 2 bedroom apartments being rented for as little as 80,000 aed p.a significantly cheaper than what it would cost to rent in Abu Dhabi which still is suffering from shortage of completed ready properties.
With Dubai marina proximity to the beach and the facilities and infrastructure the marina is also a very pleasant place to live with a community of around 200,000 expected when all towers are completed. The Northern part or original marina developed area is still the most preferred due to the enhanced building stages and the facilities that have been established around it.
Dubai News bringing you daily news from around Dubai and updates on Dubai Real Estate Solutions, we also offer a full range of our properties for sale including apartments for sale in Dubai, Dubai Marina and Dubailand, We have offices available in Dubai DIFC and Business Bay.
|