Mature waterfront high-rise district and the most traded apartment market in the city. This page sets out the current asking-price band for penthouses in Dubai Marina, the gross yields investors are underwriting, and every one-off cost you pay on top.
Worked on a mid-range unit of 5,000 sq ft at AED 3,300 per sq ft. Figures are indicative market ranges, not an offer on any specific property.
| Indicative purchase price | AED 16,500,000 |
|---|---|
| Land-department transfer fee (4%) | AED 660,000 |
| Agency commission (2% + VAT) | AED 346,500 |
| Trustee & registration | AED 4,000–6,000 |
| All-in one-off costs | ≈ 6.1% of price |
| Indicative gross annual rent | AED 849,750 |
| Annual service charge | AED 110,000 (AED 18–26/sq ft) |
| Indicative net yield after service charge | 4.5% |
| Annual property tax | 0% — the UAE levies none |
| Tax on rental income (UAE) | 0% |
Net yield excludes management fees, vacancy and maintenance. Assume 8–12% of gross rent for a managed long-let and more for short lets.
Corporate tenants, long-stay professionals and short-let guests. Vacancy is structurally low because the district is fully built out.
Older towers carry higher service charges and dated finishes; chiller-included versus chiller-free contracts change the real net yield.
Trophy segment driven by view and floor level. Yields compress, but the buyer pool is cash-rich and less sensitive to interest rates.
Entry tickets here already sit at or above the AED 2 million level commonly applied for the 10-year Golden Visa, so a single purchase can support a residency application. Non-residents can generally borrow 50–60% loan-to-value from UAE banks, residents up to 80% on a first home, subject to income and age criteria.
Tell us how to reach you and we introduce you to a licensed local professional who works this exact segment. Free, no obligation.
OPAVITA is an introduction service, not a licensed broker. Ranges on this page are indicative market data for orientation; no specific property, project or price is offered.