What's the price range at Dubai Marina Residences Block 62?
Current price per sqft: AED 6538. Recent transactions: 2BR 2330sqft at AED 13,361,657. Price history (12 months): ranging from AED 6590 to AED 6697/sqft.
Complete guide to Dubai Marina Residences Block 62 in Dubai Marina: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 6538. Recent transactions: 2BR 2330sqft at AED 13,361,657. Price history (12 months): ranging from AED 6590 to AED 6697/sqft.
Unit mix: 43 × 1BR, 12 × 2BR, 35 × 3BR, 0 × 4BR. Total: 220 units. Standard residential tower.
Tier: LUXURY. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in Dubai Marina range AED 6038–7038/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2020. Floors: 17. Well-maintained common areas and 24/7 security.
17 floors. Total units: 220. Average units/floor: 13. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 1-bedroom (43 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 9 mins. Nearby Station metro: 7 mins. Downtown Dubai: 35 mins. Airport (DXB): 27 mins.
Metro accessible via Nearby Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
Located in Dubai Marina, a luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Service charge: ~AED 2288.2999999999997/sqft/year typical for tier LUXURY. Estimate for 2BR (1500 sqft): AED 286037.5/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
Gross rental yield: 5.7%–7.2%. 1BR typical rent: AED 23,011.667/month. 2BR: AED 40,838.333/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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