Cheap property in Dubai Marina
Dubai Marina is one of the most popular areas of the UAE metropolis and a sough-after destination among tourists. The local real estate market is diverse and offers properties for every taste and budget. Although the area is very popular, there are still cheap properties for sale in Dubai Marina. You can also check out our property catalogue for more cheap apartments for sale in Dubai.
The area is a freehold zone, that means that nationals of other countries are allowed to purchase property in Dubai Marina. The community offers a wide range of modern residential developments. With the thoughtful design and floor plans, apartments offer absolute comfort. In addition to modern finishes, most of the apartments feature household appliances and built-in furniture. This allows you to move in or rent out your apartment right after you buy it. As for the payment options, you can pay with cash or apply for a mortgage.
Home to many tourist attractions, the area offers plenty of entertainment options and top-notch facilities. Dubai Marina's ideal sandy beaches are famous all over the world. They are perfect spots for all types of activities, from relaxing on the beach to diving and extreme water sports. There are many attractions close to the community, including the Ferris Wheel, the Burj Khalifa and the Dubai Mall.
The area has everything you need for living and first-class holidays: a great choice of fine dining restaurants, supermarkets, shopping malls, social and educational institutions. The influx of tourists is high all year round, therefore property rentals are always in demand. That makes cheap properties in Dubai Marina a great investment.
Property prices in Dubai Marina
If you are looking for a cheap apartment, a one-bedroom unit will be a great solution. However, the cheapest housing inDubai Marina is studio apartments. An average studio can be purchased at the price starting from AED 500,000. A one-bedroom apartment will have a slightly higher price tag. The cost of a property depends on several parameters:
- location and proximity to the sea;
- living space;
Compared to major European cities,housing inDubai Marina is considerably cheaper. However, you should keep in mind that the demand for property is currently growing, and as a result property prices are growing too.
Investment in real estate in Dubai Marina
The UAE is one of the leading destinations in terms of investment attractiveness. There are many reasons why to invest in local apartments:
- high liquidity. You can always resell your property without any financial loss. Expats make up almost 80% of the population of the metropolis, so real estate is always in demand;
- high ROIs. A return on investment for property in Dubai can reach up to 6% per annum;
- zero rental income taxes allow you to buy budget-friendly real estate in Dubai Marina and rent it out without paying extra fees.
We help buy cheap real estate in Dubai Marina, UAE
Our real estate website offers a great collection of cheap apartments for sale in Dubai. Whether you are looking for a holiday property or a buy-to-let option, our experienced agents will help you choose the best solution matching your goals and budget. Our team will also guide your through the whole process of buying a property and help you arrange all paperwork to ensure a safe and smooth experience. Check out our very latest property deals today.