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High-floor apartment, Marina Gate

High-floor apartment, Marina Gate

AED 4.45 m

Dubai Marina

Marina Gate II, Dubai Marina

Level 41, north-west, so the marina is in front of you and the afternoon sun is behind the building rather than on the glass. Sold furnished, and the furniture is worth keeping.

Highlights

1,480 sq ft23Marina viewGymPoolConcierge1 parking

The numbers

Tenure

Freehold

Service charge

AED 19.80 / sq ft / year

Annual service charge

≈ AED 29,300

Furnishing

Furnished

Availability

Vacant on transfer

DLD transfer fee

AED 178,000 (4%)

What is wrong with it

Service charge of AED 19.80 per sq ft is high even for the Marina — roughly AED 29,300 a year on this unit. Budget it before you compare the yield to Downtown.

DLD permit 7118-1077 (mock) · Advertised by Sakan Real Estate Brokers LLC, RERA ORN 28114 (mock)

Faisal Rahman

Faisal Rahman

Senior consultant

BRN 39104

Ex-valuation surveyor, which is why every one of his listings carries the last three comparable transactions rather than an asking-price average.

Viewings run 30 minutes. We will send the last three comparable DLD transactions on this street before you come, not after you offer.

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