Jumeirah Living Marina Gate is a 57-level premium skyscraper from Select Group, built in 2020 on the waterfront in Dubai Marina. The building includes 508 luxury residences – serviced apartments, two-storey villas with 3-5 bedrooms, studios, branded apartments with 1-3 bedrooms and half-floor penthouses with four bedrooms. As of Q2 2023, the residential areas available for purchase varies from 614 sq. ft to 5,586 sq. ft.
The owners of these serviced residences can enjoy luxury hotel services from Jumeirah Group.
As of April 2023, the initial price for a one-bedroom apartment in Jumeirah Living Marina Gate constitutes AED 2.3M (USD 626K). A villa with five bedrooms can be purchased for AED 20M (USD 5.4M). The cost of the maintenance of residences is AED 18.6 (USD 5) per sq. ft.
The building is fully ready to move in, so immediately upon completion of the transaction, you will be able to move into your new luxury residence on the embankment or rent it out and start earning a stable income.
Property owners of units in Jumeirah Living Marina Gate can also become a member of the Jumeirah One loyalty programme, which offers them preferential conditions and discounts when visiting Jumeirah hotels and resorts.
The ROI for one-bedroom apartments in the vibrant area of Dubai Marina has reached 7.5% as of Q2 2023. To generate the maximum possible profit from rent, you can use the property management service from Metropolitan Premium Properties for professional property management.
The price for property in the complex exceeds AED 2M (USD 545K), therefore investors will receive a 10-year UAE Golden Visa, which allows family and household staff sponsorship.