What's the price range at Fairmont Marina Residences?
Current price per sqft: AED 4900. Recent transactions: 3BR 3100sqft at AED 15,190,000; 2BR 2000sqft at AED 9,800,000. Price history (12 months): ranging from AED 4874 to AED 4900/sqft.
Fairmont Marina Residences – Investment & Lifestyle FAQ
Complete guide to Fairmont Marina Residences in Dubai Marina: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at Fairmont Marina Residences?
Unit mix: 40 × 1BR, 65 × 2BR, 45 × 3BR, 0 × 4BR, 6 × Penthouse. Total: 156 units. Branded as Fairmontpremium positioning.
Is Fairmont Marina Residences a good value, or overpriced?
Tier: LUXURY. Investment thesis: "Waterfront luxury branded residence in Marina with consistent yields; strong UAE resident and expat demand for branded hospitality.". Comparable buildings in Dubai Marina range AED 4400–5400/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Fairmont Marina Residences offer?
Amenities: Marina view, Infinity pool, Fairmont spa, Fine dining, Concierge and more. Year completed: 2018. Floors: 19. Branded partnership with Fairmont ensures concierge and lifestyle services.
How many floors and units per floor in Fairmont Marina Residences?
19 floors. Total units: 156. Average units/floor: 9. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Fairmont Marina Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (65 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Fairmont Marina Residences from key landmarks?
Beach: 8 mins. Dubai Marina metro: 5 mins. Downtown Dubai: 20 mins. Airport (DXB): 15 mins.
Is Fairmont Marina Residences easy to get to and from?
Metro accessible via Dubai Marina. 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.
What's the neighborhood like around Fairmont Marina Residences?
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.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1715/sqft/year typical for tier LUXURY. Estimate for 2BR (1500 sqft): AED 214375/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Fairmont Marina Residences?
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.
What's the rental yield at Fairmont Marina Residences?
Gross rental yield: 5%–6.5%. 1BR typical rent: AED 17,500/month. 2BR: AED 28,333.333/month. Strong tenant demand; typical vacancy: 1–2 months/year.