Investment activity up in Dubai Marina

Posted by isrealestate on December 20th, 2013

Dubai Marina needs no introduction. It is famous as the world's largest man-made marina. Flaunting more than 200 towers and taller skyscrapers such as the Dubai Marina Towers, The Torch Dubai Marina and Infinity Tower the Marina as a whole comprises an area of 4.9 million square metres of built areas covering residential and hotel towers.

It lies in the heart of what is now known as New Dubai. Situated on the Interchange 5 it is encircled by Jebel Ali, Dubai Media City, Dubai Internet City and the American University.  Dubai Marina is nearly 4 kilometres long with yachting ports and hundreds of restaurants and cafes along the sides of the artificial lake.

Rapid Recovery

Dubai Marina stands tall as an economic powerhouse of investment in real estate with everything on offer as per the aspirations of the ultra rich.  It was the first developments in the region to wriggle out of the worst economic crunch of 2009 that hit Dubai’s property sector.

High Demand

There is consistently high demand with property for sale in Dubai Marina that helped it in shaking off the ill effects of recession and in becoming one of the first communities of Dubai to brave the heat of global economic meltdown with stable price levels and perennially high demand levels.

The world class amenities have made rental properties in Dubai Marina the most sought after property cluster in the city. In terms of both sale and rent, Dubai Marina beat all as a magnet of attraction for all kinds of investors drawn from different part of the world. No wonder that the apartments for sale in Dubai Marina command unprecedented attention and value for investors compared to other developments in the whole of UAE.

Despite Dubai is home to a host of top-notch developments, Dubai Marina is adored and adulated more. So much so that Dubai Marina has become the darling of visitors to classified sites such as bayut.com compared to other elite properties and apartments from other localities.

As per the stats of that website the year 2013 has begun on a good note for apartments in Dubai Marina by attracting 14.42 percent of the total users browsing affordable apartments for sale in Dubai. This percentage only climbed further and crossed the threshold of 15 percent later. Similarly the prices of 4-BR apartments in Dubai Marina have been steadily climbing.

Despite all fluctuations in Dubai prices nothing beats the rise witnessed by 4+ bedroom apartments in Dubai Marina. The 4+ bedroom apartments for sale in Dubai Marina are a cut above the rest. It offers high value and is limited in supply. So Dubai Marina’s 4+bedroom apartments are valued commodities for investment despite its steadily recorded price hikes.