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WATERFRONT DISTRICT

Buying property in Dubai Marina, explained for buyers abroad

Dubai's most liquid resale market, and the district most overseas buyers start with. Here's what the price-per-square-foot figures don't tell you.

AED 1,750avg. price / sqft
6.4%avg. gross rental yield
~7,000apartments transacted / yr

Why buyers from abroad choose the Marina

Dubai Marina is the district most international buyers land on first, and for a specific reason: it's the deepest resale market in the city. A dense stock of comparable two- and three-bedroom towers means pricing is transparent and exits are fast — if your plans change in three years, there are usually dozens of active buyers for a unit like yours, not just one. That liquidity matters more to a buyer managing a purchase from London, Toronto, or Singapore than it does to a local buyer who can simply wait out a slow market.

What it actually costs

Resale apartments run roughly AED 1,600–2,000 per square foot depending on tower age, view, and distance from the walk. A well-located two-bedroom typically transacts between AED 2.2M and AED 4.5M. Off-plan towers from Select Group price higher per square foot but come with staged payment plans, which is often the more comfortable route for a buyer financing from overseas without a UAE mortgage.

Freehold ownership and buying from abroad

Dubai Marina is designated freehold, meaning foreign nationals of any residency status can hold full title, not just a leasehold interest. The purchase itself doesn't require you to be in the country: a Power of Attorney lets a lawyer or a trusted representative sign the transfer and collect the title deed on your behalf, and most of the process — viewings, negotiation, the MOU — can run over video call.

Travel connections

7hfrom London
13.5hfrom New York
12.5hfrom Toronto
7hfrom Singapore
8hfrom Hong Kong
3hfrom Mumbai
8.5hfrom Shanghai
13.5hfrom Sydney
Common questions

Dubai Marina — FAQ

Yes. Dubai Marina is freehold and open to foreign ownership regardless of residency. Most overseas buyers complete the purchase remotely via a Power of Attorney arranged with their own lawyer, with video viewings and digital document signing handled directly with the developer.

Not for a cash purchase. Payments go directly to the developer's own escrow account by international wire — we never handle your money at any point. If you're financing through a UAE bank, you'll need a local account for mortgage repayments.

Gross yields on well-let Marina apartments typically run 6–7%, among the highest of Dubai's established waterfront districts, driven by strong short and mid-term rental demand from tourism and business travel.

Property investments of AED 2 million or more can qualify for the UAE's 10-year Golden Visa, subject to the investor visa rules in effect at the time of purchase. We flag when a project meets the threshold and point you to immigration counsel to confirm and file.

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