Common types of real estate in Dubai Maritime City.
- Apartments. This area offers high-class apartments with various numbers of bedrooms and amenities. They often feature modern design, sea or city views, and access to various services. swimming pool, gym, indoor parking, security system, and others.
- Villas. In Dubai Maritime City, these are luxurious spaces with spacious layouts, gardens, swimming pools, and private yacht berths. They can be in both modern design and traditional Emirati style with a high level of comfort and privacy.
- Townhouses. Luxurious multi-story homes providing space for living and entertainment. They may include private terraces, gardens, and access to community amenities such as swimming pools and sports grounds.
There are currently no bus stops or metro stations within DMC. However, transportation is readily available within a few minutes' walk.
- Buses. Dubai's bus network covers almost all areas of the city. There are several bus stops near Maritime City. Routes 8, 9, 12, and 55 are available on Al Mina Road. Bus C09 departs from Caltex Reservoir.
- Metro. The Dubai Metro is a reliable and fast way to get around. The nearest metro station is ADCB (serves the Red Line). The Al Ghubaiba station (serves the Green Line) is at the same distance.
- Taxis. In Dubai, it's easy to hail a taxi on the street. You can also order transportation through apps like Careem or Uber.
Rent. Dubai Maritime City offers rental housing options with all amenities (parking, gym, playgrounds, swimming pools, and others).
Average annual rental price:
- Studio – 40-70 thousand dirhams (11-19 thousand $)
- 1-bedroom apartment – from 90 thousand dirhams (25.5 thousand $)
- 2-bedroom apartment – from 140 thousand dirhams (from 38 thousand $)
- 3 and 4-bedroom apartments – from 200 thousand dirhams (54.5 thousand $)
Purchase. DMC community offers a wide range of living spaces, from small and cozy studios to luxurious penthouses. Due to active construction in this area, there is a large selection of apartments at various stages of construction.
Average purchase prices:
- Studio – from 750 thousand dirhams (204 thousand $)
- 1-bedroom apartment – from 1.1 million dirhams (273 thousand $)
- 2-bedroom apartment – from 1.85 to 6.67 million dirhams (504 1,633 thousand $)
- 3-bedroom apartment – 2.39 4 million dirhams (651 thousand $ 1.1 million $)
- 4-bedroom apartment – from 3.3 to 12 million dirhams (898 thousand $ 3.27 million $)
Yes. Most properties in Maritime City are still under construction, making real estate prices more attractive compared to neighboring areas. Due to the community's strategic location near Dubai's main attractions and business centers, there is a stable interest in residential and commercial real estate.
From mid-2022 to mid-2023, real estate prices in Dubai increased by approximately 14-15%. Given Dubai's status as a global business and tourist center, the demand for quality real estate will increase even further.
Investments in apartments in Dubai Maritime City will bring an annual rental income of 6% to 8%, with a payback period of about 8 years.
Luxurious premium-class offers in Maritime City, combined with well-developed infrastructure, attract elite tenants and buyers. This contributes to increasing rental rates and property values.