Marina Residences Phase 3

The Marina Residence, developed by Al Hamra Real Estate Development LLC, offers an enticing investment opportunity within the upscale waterfront community of Al Hamra Village. Featuring a diverse range of premium living spaces, from studios to 3-bedroom apartments, residents can enjoy breathtaking views of the sea, the upcoming Wynn casino, and the marina.

The residential units at Marina Residences are designed to meet the latest trends in condominium living, combining convenience with spaciousness and top-notch amenities. Ranging from 450 sq. ft. upwards, each unit is fully furnished with generously sized, double en-suite bedrooms, well-equipped kitchens, guest toilets, and expansive balconies or terraces, providing residents with a luxurious and comfortable living environment.

Residents of Marina Residences can indulge in a plethora of lifestyle amenities aimed at relaxation and recreation. The community features a modern gym equipped with state-of-the-art equipment, spa salons, steam rooms, and saunas for ultimate relaxation, as well as sports facilities and swimming pools for active leisure. Additionally, a tennis court adds to the array of recreational options, enhancing the overall lifestyle experience for residents.

Marina Residences presents an attractive payment and pricing structure, with starting prices as low as AED 1.7 million (USD 463K) and a convenient 50/50 payment plan. Expatriates and offshore investors may also benefit from two 12-year visas, making it an enticing offer for long-term residency and investment. With only a 20% initial payment required, investors can secure their investment for the future, potentially benefiting from significant equity appreciation.

In conclusion, Marina Residences offers promising economic prospects for investors, with rental yields expected to increase due to the upcoming opening of the UAE's first casino at Wynn Resort Al Marjan Island in 2027. Furthermore, with an estimated 30% equity appreciation, Marina Residences presents a desirable investment opportunity for both individual and institutional investors, thanks to its strategic location, deluxe amenities, and potential for capital growth.