Since Dubai Marina is a freehold zone, any foreign citizen can buy a property and have 100% ownership. Local real estate, with a minimum price of AED 750,000 (USD 200,000), can provide the buyer with the opportunity to obtain a residence visa, and due to recent changes in the country's legislation, real estate worth at least AED 2,000,000 (USD 545,000) can provide eligibility for a 10-year Golden Visa, which gives property owners many advantages, such as long-term residence in the UAE with family
and assistance with obtaining the necessary documents and permits, as well as the right to extend the visa provided that the property remains in possession, among other advantages.
Real estate in Dubai Marina has a high return on investment rate that has reached up to 6.3%, and the average rental rate for an apartment is AED 104,000 (USD 28,000), which is also considered to be a high figure for Dubai.
The area is almost fully developed; however, the most popular off-plan real estate projects include LIV Marina, Marina Shores, and Cavalli Tower. Properties are available to buy, and once completed, owners can resale units at a higher price or rent them out. This can generate a steady passive income for investors.