Penthouse in Dubai Marina
Penthouses in Dubai are one of the popular housing formats. Spacious apartments in Dubai Marina are purchased for moving or comfortable rest and are considered a promising investment by foreign investors. The resort area on the seashore features a well-developed infrastructure and provides premium conditions for residents. Luxury real estate is the best way to contribute to the resort lifestyle. A distinctive feature of the penthouses is uniqueness and individuality, as they are present only on the upper floors of skyscrapers. Usually 1 or 2 penthouses are located under the roof, occupying 1 or 2 levels.
Traditionally spacious apartments include 4 to 5 bedrooms. In some towers you can find custom layouts with 3 or 6 bedrooms. The spacious areas are aimed at large families, as well as people who appreciate ample space and luxurious private amenities. Among them there may be a jacuzzi, an office, a gym, and a private cinema. The apartments are offered with several balconies or with a terrace with a panoramic view. Equally popular are the residences with a private swimming pool. Housing is commissioned with interiors finished using expensive materials, including marble and precious woods. Many properties are offered already with furniture, which allows you to move in immediately after the conclusion of the transaction.
The district design was developed by one of the leading developers in the country - Emaar Properties. The community is often referred to as the skyscraper district as they are the leading type of the development. Each tower features a unique design, so the community has an elegant view from the sea. The waterfront location makes the property in the community sought-after, with exclusive properties in high demand. According to statistics from 2022, the community is among the most popular areas in which to buy luxury housing. The district’s benefits include:
- Living by the sea in Riviera-resort style
- Spacious promenade for yachts
- Comfortable beaches
- Convenient transport infrastructure that allows you to quickly get to any part of the city
- Well-developed entertainment sector for active leisure and recreation
On the territory of the community there is a large shopping centre, numerous restaurants, and a promenade. All of the above increases the investment demand for real estate.
Penthouse prices in Dubai Marina
The cost of residences depends on the internal infrastructure of the residential complex, the number of bedrooms, and other factors. The cost of a penthouse in Dubai Marina, UAE starts from AED4,600,000 ($1,250,000). Prices for 5-bedroom residences start at AED11,100,000 ($2,900,000). However, it is much more common to see ads that offer the penthouses with a price of AED14,700,000 ($4,000,000). The maximum value threshold reaches AED107,000,000 ($29,130,000). It is important to understand that the prices are dynamic and change depending on the situation on the market, the number of offers, and the property’s uniqueness level. Therefore, it is advisable to clarify the cost immediately before booking.
This real estate type is in demand due to its uniqueness, emphasizing the status of the owner, so investing in a penthouse in Dubai Marina with a sea view is potentially profitable. This is a smart way to invest. Prices have been rising year on year, and since the start of the pandemic, spacious housing has been rapidly gaining popularity. The liquidity of housing and the capitalization of the cost will allow you to make a profit on further resale.
You can also buy a penthouse apartment in Dubai Marina for subsequent renting out to tenants. The average price for apartments with different number of bedrooms is as follows:
- AED 650,000 ($177,000) for a 4-bedroom apartment per year
- AED 1,200,000 ($326,500) for a 5-bedroom apartment per year
The annual profitability ratio for a number of facilities reaches 6.5%. Demand is consistently high.
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The website presents current sales offers in finished and under-construction off-plan facilities. Our company’s experts are ready to assist you with choosing a penthouse for moving or investment. The cost of housing can be found in real time. The website has a convenient search system that allows you to set filters by cost, location, or number of rooms. Start your search for overseas property right now!
