Dubai · Community Guide

Dubai Maritime City

Living in Dubai Maritime City

Dubai Maritime City is a premium waterfront destination strategically located between Port Rashid and Drydocks World. The area is rapidly developing into a high-end residential and mixed-use community featuring luxury apartments, branded residences, waterfront promenades and panoramic sea views. Location & Connectivity Approximately 15 minutes from Downtown Dubai Approximately 15–20 minutes from Dubai International Airport Approximately 10 minutes from Jumeirah Approximately 10 minutes from Bur Dubai Close to Mina Rashid Convenient access to Sheikh Zayed Road Property Options Dubai Maritime City offers: Studios 1 Bedroom Apartments 2 Bedroom Apartments 3 Bedroom Apartments Penthouses Branded Residences Waterfront Residences Unit TypeApprox. Starting Price Studio AED 1.3M+ 1 Bedroom AED 2.0M+ 2 Bedroom AED 3.0M+ 3 Bedroom AED 4.5M+ Luxury / Penthouse AED 7M+ Prices vary depending on the project, developer, size, floor, view and payment plan. Investment Highlights Prime waterfront location Growing number of luxury developments Sea and skyline views Close to Downtown Dubai and established communities Increasing number of branded residences Suitable for both investors and end users Strong focus on premium waterfront living Lifestyle Dubai Maritime City combines waterfront living with convenient access to central Dubai. The community is being developed with modern residences, retail, restaurants, leisure facilities, promenades and marina-related amenities. Ideal for: Investors, luxury property buyers, end users and clients looking for premium off-plan opportunities in a central waterfront location.

Market snapshot

Average price: AED 1.2M
Gross rental yield: 8%
Emirate: Dubai

Developers building here

Location

Common questions

Can foreigners buy property in Dubai?+

Yes. Non-residents and foreign nationals can buy freehold property in designated areas such as Downtown Dubai, Dubai Marina, Palm Jumeirah and most new master communities, with full ownership rights.

What fees do I pay when buying?+

Budget roughly 7–8% on top of the purchase price: 4% DLD transfer fee, about 2% agency commission plus VAT, trustee office fees, and mortgage registration of 0.25% if financing.

What is the minimum down payment for a mortgage?+

UAE residents typically need 20% down for properties under AED 5 million (30% above). Non-residents are usually asked for 40% or more, depending on the bank.

Can I get a mortgage as a non-resident?+

Yes, several UAE banks lend to non-residents, generally up to 50–60% of the property value with streamlined income documentation.

What does off-plan mean?+

Off-plan property is bought directly from a developer before construction is complete, usually on a staged payment plan linked to construction milestones and secured through a DLD-regulated escrow account.