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PAYMENT PLAN
UNIT PRICE | AED 7,070,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 5,690,023 |
2. DLD Transfer fee 4% + 40 AED | AED 282,840 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 148,470 |
PAYMENT PLAN SCHEDULE
On Handover | AED 1,379,977 |
SUMMARY
Total on Transfer | AED 6,126,583 |
Total remaining Payment Plan | AED 1,379,977 |
TOTAL COST FOR BUYER | AED 7,506,560 |
ABOUT THIS DEAL
DEAL SUMMARY
This unit is a four-bedroom apartment of 2,410 sq.ft at Marina Shores, with handover scheduled for Q4 2026. Asking price is AED 7,070,000, equivalent to AED 2,934 per square foot. Recent Dubai Land Department transactions across Dubai Marina comparable four-bedroom stock have registered in the AED 2,500 to AED 3,500 per square foot band, placing this entry within the mid-range of the comparable Marina market on a like-for-like basis with an Emaar developer covenant and direct Marina Promenade access.
Dubai Marina four-bedroom gross rental yields typically run 5 to 6.5 per cent, supported by affluent-family tenant demand and secondary short-term rental optionality. On handover, a conservative annual rent assumption of AED 380,000 to AED 450,000 implies a gross yield in the 5.4 to 6.4 per cent range at the current asking price. The holding thesis is rental income through the first lease cycles, with an exit option tied to Marina secondary-market depth and the Emaar developer covenant supporting pricing power on resale into the Marina's large-apartment segment.
PROJECT DESCRIPTION
OVERVIEW
Marina Shores is a 53-storey residential tower under development in Dubai Marina, delivered by Emaar Properties with construction commenced in December 2022 and handover scheduled for Q4 2026. The tower reaches a height of 196 metres across two basement parking levels. Architectural design is by Al Shandagha Architects & Engineering Consultants, with main construction by Binladen Contracting Group and foundation works by Pinnacle International Piling Foundation. The development comprises approximately 433 residential units across one, two, three, four and five-bedroom apartments alongside penthouses. The Dubai Land Department records the project value at approximately AED 399 million. The project occupies a plot initially allocated to the cancelled Miramar development.
LOCATION AND MASTERPLAN CONTEXT
Dubai Marina is one of the most established high-rise residential districts in Dubai, organised around the artificial marina and its wrap-around promenade. Marina Shores sits on the inner-Marina frontage with direct access to the Marina Promenade, placing it on one of the most prized pedestrian corridors in the district. The building is located immediately adjacent to the Mohammad Bin Ahmed Al Mulla mosque, one of only two large mosques within the Marina area. Adjoining precincts include Jumeirah Beach Residence (JBR), Bluewaters Island, Emaar Beachfront and Jumeirah Lakes Towers, collectively forming the western residential-and-leisure belt of Dubai.
TRANSPORT AND ACCESSIBILITY
Primary vehicular access is via Sheikh Zayed Road, Al Khail Road and the Marina internal road network. Typical drive times are approximately 5 minutes to JBR and The Walk, 3 minutes to Bluewaters Island, 17 minutes to Palm Jumeirah, 20 minutes to Downtown Dubai and Dubai Mall, and 14 minutes to Burj Al Arab. Dubai International Airport is reached in approximately 30 minutes, with Al Maktoum International at Dubai South at approximately 30 minutes. Public transport provision is among the strongest in Dubai: the Dubai Metro Red Line serves multiple stations along the Marina corridor, the Dubai Tram runs through the Marina pedestrian spine, and marine transport links the Marina to wider Gulf-facing destinations.
AMENITIES AND FACILITIES
Marina Shores is planned with a full amenity stack oriented to the Marina waterfront positioning. Building-level amenities include a swimming pool, children's pool, gymnasium, landscaped podium, yoga deck, running track and direct ground-floor access to the Marina Promenade. The upper-floor configuration includes a five-bedroom penthouse with a private deck and pool. West-facing upper-floor apartments have unobstructed views across the surrounding tower cluster and beyond to the Arabian Gulf. The direct Marina Promenade access places residents on the district's primary pedestrian corridor with immediate walkability to retail, F&B and leisure outlets along the waterfront.
SURROUNDING INFRASTRUCTURE
Retail and leisure provision in the immediate catchment is among the densest in Dubai. Dubai Marina Mall and The Beach at JBR sit within walking distance; The Walk provides extensive dining, F&B and retail along the beachfront; Bluewaters Island and Ain Dubai are within 10 minutes. Education in the wider area includes Dubai British School Emirates Hills, Emirates International School Meadows, and Regent International School within approximately 4 to 6 kilometres. Healthcare is served through clinics and hospitals along the Sheikh Zayed Road corridor and within the Marina, including Al Das Medical Clinic and Mediclinic Marina. Hospitality density across the Marina and JBR includes Address Dubai Marina, The Westin Dubai Mina Seyahi, Grosvenor House, and a concentrated serviced-apartment cluster.
MARKET POSITION AND INVESTMENT CONTEXT
Dubai Marina apartments have traded in a broad AED 2,500 to AED 3,500 per square foot band across recent off-plan and resale activity for comparable four-bedroom-size stock, with Emaar-branded waterfront towers typically commanding a premium relative to the wider Marina non-branded inventory. Gross rental yields for four-bedroom Marina apartments have historically sat in the 5 to 6.5 per cent range, supported by deep short-let and long-let tenant demand drawn to the Marina's established leisure-and-lifestyle positioning, SZR connectivity and airport accessibility. Marina Shores' direct Promenade access and the Emaar developer covenant support a pricing premium within the district's large-apartment segment.
CONCLUSION
Marina Shores suits investors seeking exposure to large-format Dubai Marina apartment inventory with an Emaar developer covenant and direct Marina Promenade access. The combined appeal of established Marina district liquidity, the Q4 2026 handover window, and the waterfront-adjacent positioning supports a holding thesis oriented toward rental income from the affluent-family and corporate-expatriate tenant segment, with secondary short-term rental optionality supported by Marina's established leisure demand. Principal risks are construction-timeline exposure through Q4 2026, the volume of Marina and Emaar Beachfront apartment supply scheduled to deliver simultaneously through 2026 to 2028, and the concentration of exit buyers at the AED 7 million-plus four-bedroom price point.