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Marina Terrace, Dubai Marina

Marina Terrace, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Stunning waterfront views

Prime location

Modern amenities

Weakens

High rental costs

Traffic congestion

Limited parking space

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Buildign Overview

Summary

  • Marina Terrace is a premium residential tower situated in the iconic Dubai Marina, renowned for its vibrant waterfront lifestyle.
  • Centrally located, residents benefit from nearby amenities such as shopping centers, fine dining restaurants, and leisure activities, while major attractions like the JBR Beach and Marina Walk are just a short stroll away.
  • The building features impressive architectural design and offers stunning views of the marina and skyline, setting it apart from other high-rise buildings in the vicinity.

Properties Overview

  • The building accommodates a variety of apartments, ranging from spacious one-bedroom to luxurious four-bedroom units, appealing to both renters and buyers.
  • Rental prices typically range from AED 85,000 to AED 200,000 per year, while sale prices can vary from AED 1.5 million to AED 4.5 million, depending on unit size and view.

Market Trends

  • Over the past year, rental prices in Dubai Marina have shown a moderate increase, with expectations for continued demand due to the area’s popularity among expatriates and investors.
  • Investors can anticipate a robust return on investment (ROI) of approximately 6-8%, given the prime location and increasing rental demand.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various essential services, including supermarkets, renowned schools, and healthcare facilities such as hospitals and clinics, ensuring convenient living.

Transportation and Accessibility

  • Situated close to the Dubai Metro and tram stations, Marina Terrace offers excellent transportation options, allowing easy access to various parts of the city and international airports.
  • Designated parking spaces are available for residents, enhancing convenience and accessibility.

Lifestyle Amenities

  • The building features state-of-the-art amenities such as a fully equipped gym, swimming pool, and direct access to restaurants and cafes that cater to diverse tastes.
  • Outdoor recreational options include jogging and cycling paths along the marina, making it a perfect location for an active lifestyle.

Builing Facilities

  • Marina Terrace boasts modern building facilities, including high-speed elevators, 24/7 security, central air conditioning, and efficient maintenance services ensuring residents' comfort and safety.

Special Services

  • Exclusive services include professional concierge assistance, guest suites for visitors, and well-equipped business centers, making it an ideal choice for business professionals and families.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Terrace offers a range of floor plans tailored to different lifestyles, featuring open-concept layouts that maximize space and natural light.
  • From cozy one-bedrooms to expansive four-bedroom apartments, each unit is thoughtfully designed to cater to diverse needs and preferences.

Things to Consider

  • Before making a decision, potential tenants and buyers should assess factors such as budget, lifestyle requirements, unit orientation, and proximity to commute routes.
  • It's advisable to visit the property and explore the community to get a better sense of living at Marina Terrace.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Terrace hosts regular community events, fostering a sense of belonging among residents through social gatherings, holiday celebrations, and wellness activities.

Community Identity

  • With a strong focus on community living and modern amenities, Marina Terrace is characterized by its luxurious lifestyle and vibrant atmosphere, reflecting the energetic spirit of Dubai Marina.

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Detailed Buiding Insights

1. Family Friendliness

Marina Terrace offers a friendly and safe environment for families, with spacious apartments and proximity to parks and playgrounds.

Exceptionally Welcoming

2. Living Options

The community features a variety of living options, including studios, one, two, and three-bedroom apartments, catering to different family sizes and lifestyles.

Diverse Selection

3. Safety And Security

With 24/7 security services and access control systems in place, residents feel safe and secure in their homes.

Highly Secure

4. Transportation

Marina Terrace is well-connected to public transport, with easy access to the Dubai Metro and multiple bus routes nearby.

Conveniently Accessible

5. Amenities And Facilities

The community boasts a wide array of amenities, including swimming pools, gyms, and retail shops, ensuring residents have everything they need within reach.

Richly Equipped

6. Cost Of Living

While the cost of living in Marina Terrace is on the higher side due to its prime location, it is still seen as a fair price for the quality of life offered.

Moderately High

7. Things To Do

There is no shortage of entertainment options, including dining, shopping, and recreational activities along the Dubai Marina walk.

Vibrantly Diverse

8. Noise Levels

Despite being in a bustling area, the apartment designs and layout help to mitigate external noise, offering a relaxed living environment.

Generally Peaceful

9. Pet Friendliness

Pet owners will find that many residences allow pets, and the nearby parks provide ample space for pets to roam.

Warmly Accommodating

Schools

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Key Information

Developer: DAMAC Properties

Building Type: Residential

Building Age: 18 years (completed in 2006)

Length: 200

Unit Types : 1, 2 and 3-bed

Floors: 38

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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