Marina Residences & Townhouses 1 — project image
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Marina Residences & Townhouses 1

From AED 4.50M·Completed Jan 2009·Developer payment plan available Payment
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AED 4.50M
Starting Price
Jan 2009
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Marina Residences & Townhouses 1 is a premium residential complex by Nakheel Properties, located on the artificial island of Palm Jumeirah. The project includes a ground floor and 14 residential levels, providing a comfortable organization of space and a high level of privacy for residents. The exterior of the complex is designed in a modern style with expressive elements of Mediterranean architecture. The bright facades, panoramic glazing and spacious balconies form the elegant silhouette of the building and emphasize its harmonious integration into the coastal environment. Marina Residences & Townhouses 1 offers one‑ to three‑bedroom apartments, four‑bedroom penthouses and five‑bedroom townhouses. The interiors are designed in a restrained modern aesthetic with an emphasis on functionality and comfort. High-quality finishing materials, a light neutral palette and thoughtful layouts are used to create a sense of spaciousness. The residents of the complex have key facilities, including a gym, swimming pool, sauna, which allows them to maintain an active lifestyle. Marina Residences & Townhouses 1 is conveniently located near the main locations of Palm Jumeirah: Nakheel Mall and Golden Mile Galleria can be reached in 3 minutes, Palm West Beach is about 5 minutes away, and Atlantis The Palm and Aquaventure Waterpark are 10 minutes away by car.

Project Specifications
DeveloperNakheel Properties
LocationPalm Jumeirah
Unit Types2 BR, Apartments
AreaPalm Jumeirah
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 194,175 / year
Cash-on-Cash
2.2%
Levered cashflow AED 45,675
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 2.07M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Beach Access
Billiards
Central A/C
Children’s pool
Concierge Service
Dining outlets (coffee houses & restaurants)
Green Lawn (Dog Park)
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Park Access
Parking
Pets Allowed
Pool Deck
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Table Tennis
Walking paths
Yoga studio

Location

Palm Jumeirah

Nearby Destinations

Palm Jumeirah

Developer and Project Facts

01

Marina Residences & Townhouses 1 by Nakheel Properties

02

Located in Palm Jumeirah

03

Starting from AED 4,500,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jan 2009

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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