Marina Wharf
✓ Resale Available

Marina Wharf

From AED 1.70M·Completed Dec 2010·Developer payment plan available Payment
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AED 1.70M
Starting Price
Dec 2010
Handover
Developer payment plan available
Payment Plan
Retail · Commerce
Type

Project Overview

Marina Wharf is a mixed-use development in Dubai Marina, Dubai. The project consists of two twin towers, each with 29 above ground floors. The project is developed by Dheeraj & East Coast. Marina Wharf features a variety of flat types with 1-3 bedrooms. Both towers have elegant lobbies with 24-hour reception, cosy lounge areas and intercoms. The complex is equipped with numerous high-speed lifts, provides 24-hour security and maintenance, and the premises are monitored by CCTV cameras. Empower provides centralised cooling for the building. The building has various fitness facilities including a gym, swimming pool and steam/sauna room, a dedicated play area for children, squash court, billiards room and six-lane bowling alley. There is also an on-site garden with jogging paths. Marina Wharf, like many other apartment complexes nearby, allows pets. Marina Wharf is approximately 19 minutes‘ drive from Dubai Mall, 11 minutes’ drive from Jumeirah Palm, 16 minutes‘ drive from Burj Al Arab and 8 minutes’ drive from The Walk JBR. Dubai International Airport is approximately 27 minutes‘ drive away and Al Maktoum International Airport is approximately 31 minutes’ drive away.

Project Specifications
DeveloperDheeraj & East Coast
LocationJumeirah Beach Residence
Unit TypesRetail, Commerce
AreaJumeirah Beach Residence
OwnershipFreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 73,355 / year
Cash-on-Cash
1.8%
Levered cashflow AED 17,255
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 110,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Marina Wharf launch basis1,889AED 1.70MCurrent launch / asking basis
Jumeirah Beach Residence ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Beach Residence premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Marina Wharf — View 2
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Marina Wharf official render 1

Marina Wharf official render 1

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Marina Wharf official render 8

Astraterra Properties

Official Documents

Download official marketing materials from Dheeraj & East Coast.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Lift
Lobby
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground

Location

Jumeirah Beach Residence

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Beach ResidenceJumeirah Beach ResidenceDubai, UAE

Developer Track Record

01

Marina Wharf by Dheeraj & East Coast

02

Located in Jumeirah Beach Residence

03

Starting from AED 1,700,000

04

Unit mix includes Retail, Commerce

05

Expected handover: Dec 2010

06

Official render/gallery images available

Available for Resale

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

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

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