Top of the cheapest real estate in Dubai — h2
Dubai Marina is a coastal area known for its high-quality and dynamic lifestyle. But despite all the luxury that it offers, you can still find several inexpensive offers on the local real estate market, for example, villas for sale in Dubai. The specialists of AX Capital, one of the leading property brokers in Dubai, the UAE, selected high-quality and modern apartments in the community for AED 1 million.
Reasons to invest in a property in Dubai
Dubai Marina is one of the most popular and sought-after locations among investors from all over the world for the following reasons:
• strategic location;
• modern social infrastructure;
• proximity to schools, hospitals, banks, and post offices;
• luxury residential skyscrapers overlooking the city landscape and local sights of interest;
• a large selection of shops, restaurants, and entertainment venues;
• developed transport network reaching any point of the city;
• many tourist attractions, including the Dubai Marina Mall and Dubai Marina Wok, the famous promenade with restaurants and shops;
• a freehold zone.
A selection of cheap apartments for sale in Dubai
Budget-constrained buyers looking for a property for sale in Dubai worth less than AED1 million should look at the following apartment complexes in Dubai Marina:
• Manchester Tower;
• Marina Diamonds;
• Marina Pinnacle;
• DEC Towers;
• Escan Marina Tower.
Manchester Tower
Manchester Tower is a project that was developed by the Manchester Real Estate Group. It is the most sought-after building with flats in Dubai worth less than AED 1 million in Dubai Marina.
The 30-story residential complex is located next to Al Seba Street, which connects it with King Salman bin Abdulaziz Al Saud Street. The owners of the local apartments have access to such exclusive amenities as a shared rooftop pool and a gym.
Manchester Tower is a pet-friendly community, but tenants must obtain permission from the rightful owner before taking a pet with them.
The price of 1-bedroom apartments is AED 900,000, which makes them the cheapest option in this collection. The return on investment is expected to be 7.8%.
Marina Diamonds
The Marina Diamonds complex consists of 6 medium-rise buildings. It offers such high-end amenities as a shared gym, sauna, steam bath, swimming pool, and 24-hour concierge service.
Local studios cost AED 612,000, and the price of 1-bedroom apartments is AED 943,000. The project has an excellent price-quality ratio and an impressive profitability of 7.61%.
Marina Pinnacle
Marina Pinnacle is one of the tallest residential buildings located on Al Sharta Street. The complex has such exceptional amenities as three-level parking, swimming pool, gym, and Jacuzzi. There is also a 24-hour concierge and a reception desk for residents and guests.
The cost of a 1-bedroom apartment is AED 928,000. In addition to being reasonably priced, residential units in this configuration have an impressive average rental yield of 8.3%.
DEC Towers
The DEC Towers residential complex is located near the Dubai Marina Mall, so residents of local apartments have easy access to numerous cafes, restaurants, shops, and entertainment venues. There is also a kindergarten, a running track, and several sports centers for children nearby.
Parking spaces in the complex depend on the type of residential unit. Locals who live in 1-bedroom apartments get one place, while owners of 2-bedroom units can count on more places.
The cost of a studio in DEC Towers is AED 654,000, and the price of 1-bedroom apartments is AED 950,000. Investors who have invested in local housing can expect a yield of 7.6%.
Escan Marina Tower
Escan Marina Tower is a 32-story residential complex located between Sheikh Zayed Street and Garn Al Sabhka Street. Residents of the building can get one parking space per apartment, and visitors can use paid parking. All amenities, such as a swimming pool, sauna, steam rooms, and gym, are located at the podium level.
The cost of a 1-bedroom residential unit in Escan Marina Tower is AED 925,000. In addition to affordable prices, the complex has a high return on investment of 7.25%.
Assistance in buying off-plan properties for sale in Dubai
Ax Capital offers a wide range of Dubai real estate in various configurations and price categories in its catalog. Contact the highly-qualified specialists of AX Capital, a reliable real estate agency in Dubai, to get help in choosing a suitable residential unit in off-plan projects in Dubai or ready-to-move-in real estate, support at all stages of the transaction and high-quality after-sales service.
