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Luxury Residences at Marina Gate Tower 1 is situated in the up-and-coming Dubai Marina district. The 53-storey skyscraper is one of three towers of The Residences at the Marina Gate community, with Select Group as the developer and Aedas Limited as the designer. Tower 1 was completed in 2018. The complex’s property collection features 399 units: studios, 1, 2, 3 and 4-bedroom apartments, penthouses and villas. Residences have views of the bay, yachts, the waterfront and modern skyscrapers of Dubai Marina. The minimum studio area in Tower 1 is 51 sqm (545 sq ft) and costs from AED 1,200,000 (USD 327,000). The three Residences buildings at Marina Gate are linked by a common podium, which includes leisure areas, sports fields, a modern heated swimming pool, as well as commercial enterprises: a supermarket, brand stores, two medical clinics, beauty salons, an atelier, an art gallery, a fitness room, restaurants, cafes and a pharmacy. Residences at Marina Gate Tower 1 provides residents with modern services and amenities for a comfortable stay, including:
fully equipped kitchen and bathrooms
built-in closets, panoramic windows and balconies in all residences
a swimming pool and spa
nine high-speed elevators
24-hour concierge
children’s play areas
a two-level gym
a tennis court
a parking lot
security and video surveillance
restaurants, cafes and boutiques
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Dubai Marina, where Residences at Marina Gate Tower 1 is located, is a dynamic part of the city with a marina over 3 km long, promenades, and numerous skyscrapers, all surrounded by high quality infrastructure. In and around the complex there are a variety of restaurants, cafes and recreational areas. Residents of Marina Gate can walk to the waterfront, Marina Walk, Dubai Marina Mall, and the nearest beach, Barasti Beach, which is located only 400 meters from the complex. Within 10 minutes you can reach Marina Beach and Palm Jumeirah Island.
Within driving distance of Marina Gate Tower 1 are:
Dubai Marina is constantly evolving, there are always new infrastructure and commercial enterprises emerging. Marina Gate’s high-end development offers comfortable living spaces for all tastes, and its close proximity to major tourist spots, beaches and recreational areas attracts new long-term tenants all the time. Major investors are paying attention to the area’s real estate, as the ROI for its projects is expected to be high. The average ROI for Dubai Marina is 5.61%. One-bedroom apartments at Residences at Marina Gate Tower 1 cost an average of AED 1,750,000 (USD 476,000) and their annual rent can be AED 80,000-120,000 (USD 22,000-32,000).
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