Why Should You Invest in Dubai Marina Property?
Dubai Marina is currently the most searched area on property portals and for the last decade has consistently been in the top 10 list for most transacted and most valuable communities in the whole of Dubai.
It is an iconic neighbourhood with over 100 sky scrapers, waterfront properties, luxurious restaurants, world famous hotels as well as being home to Dubai Marina Mall and the popular JBR Beach.
Due to the vast array of luxuries which residents of Dubai Marina benefit from, it makes this the perfect place to live for UAE residents, for tourists coming on holiday, for people looking for a holiday home and also for locals to relax and enjoy the lifestyle. Thanks to the huge demand, this has ensured that property prices have seen a sharp rise over the last couple of years which has also reflected in the rental prices increasing rapidly.
Investors in Dubai Marina are seeing over 10% net returns annually on their property if they chose to rent it out short term whilst property prices are showing encouraging levels of growth.
As there are only 2 empty plots remaining in the area, this means that the supply of new properties cannot increase which more and so when we couple the lack of supply with booming demand, we are sure that investors will see fantastic levels of growth and income in the years to come.