Overview of Al Majara 3
Al Majara 3 is a 15-storey residential building in Dubai Marina, a luxurious waterfront community in Dubai, UAE. The tower is part of the Al Majara Towers, an apartment complex of five buildings. Developed by Emaar Properties, Al Majara 3 was launched in 2004 and completed in 2006.
The building offers luxurious apartments with stunning views of the marina and the Arabian Gulf. It is known for its modern architecture, high-quality finishes, and resident amenities. Here are some key features of Al Majara 3:
- A variety of one-, two-, and three-bedroom apartments with roomy living spaces and sizable balconies are available in the tower.
- The apartments include high ceilings and floor to ceiling windows to optimize natural light and ventilation.
- The building provides its tenants with a number of amenities, such as a steam room, sauna, gym, and swimming pool.
- Al Majara 3 is located in the heart of Dubai Marina, known for its vibrant lifestyle and world-class amenities. Residents easily access various restaurants, cafes, shops, and entertainment options.
- The marina promenade is right outside the tower, and it is only a short stroll from the beach. Beautiful views of the marina and the surrounding skyline are available to residents.
- The Burj Al Arab, Palm Jumeirah, and Dubai Mall are a few of the most well-known buildings in Dubai that are in close proximity to Al Majara 3. Additionally, the building is close to important transit hubs, which facilitates convenient city transportation.
Overall, Al Majara 3 is a luxurious residential building in one of Dubai’s most sought-after locations. Its stunning views, modern design, and world-class amenities offer residents the ultimate luxury living.
Property Specifications
Apartment Types
Al Majara 3 offers a variety of apartment types to suit different preferences and needs. The available apartment types include:
- 1-Bedroom Apartment
- 2-Bedroom Apartment
- 3BR+Study
Layout and Design
The apartments in Al Majara 3 are designed to offer spacious and comfortable living spaces. The layout of the flats is carefully planned to optimize the use of space and provide residents with a comfortable and functional home. The apartments come in various sizes and layouts, including:
- Spacious Layout
- Large Layout
- Rare Layout
Furnishing Options
The apartments in Al Majara 3 have different furnishing options to suit different preferences and budgets. The available furnishing options include:
- Furnished
- Unfurnished
- Fully Furnished
- Upgraded
- Fully Upgraded
The apartments are designed to provide residents with a comfortable and functional home. The spacious layout and large terrace of some of the apartments offer residents ample space to entertain guests or relax in the comfort of their own homes. The apartments also have modern amenities and appliances to ensure residents have a hassle-free living experience.
Overall, Al Majara 3 offers a range of apartment types and furnishing options to suit different preferences and budgets. The apartments’ spacious layout and functional design make them ideal for anyone looking for a comfortable and functional home in Dubai Marina.
Amenities and Services
Fitness and Recreation
Al Majara 3 offers a range of fitness and recreational amenities to help residents stay active and healthy. The building features a well-equipped gymnasium, perfect for those who want to stay fit without leaving the comfort of their home. The gym has modern exercise equipment, allowing residents to enjoy a full-body workout. Additionally, the building has a swimming pool, which is perfect for those who love to swim or want to relax and soak up the sun.
Family and Community
Al Majara 3 is a family-friendly building offering various amenities and services for children and families. The building has a children’s play area, perfect for young children who want to have fun and play in a safe environment. The building also has a picnic area, ideal for families wishing to enjoy a day out in the sun. The building also has a pet-friendly policy, meaning residents can bring furry friends.
Other amenities and services available in Al Majara 3 include:
- Entire Marina View: Al Majara 3 offers stunning views of the Dubai Marina, allowing residents to enjoy the beauty of the marina from the comfort of their homes.
- Marina Beach: The building is located near Marina Beach, which is perfect for those who love the beach and want to enjoy the sun, sand, and sea.
- Dubai Marina Yacht Club: The Dubai Marina Yacht Club is located near Al Majara 3, making it easy for residents to enjoy a range of water sports and activities.
- The Walk: The Walk is a famous pedestrian street located near Al Majara 3. The street has shops, restaurants, and cafes, making it a great place to hang out with friends and family.
All things considered, Al Majara 3 provides a variety of facilities and services to meet the requirements of locals of all ages.
Location and Accessibility
Al Majara 3 is located in Dubai Marina, one of Dubai’s most popular residential areas. This waterfront community is known for its luxurious lifestyle, high-end shopping, and stunning marina and Arabian Gulf views.
Proximity to Landmarks
Al Majara 3 is conveniently located near several famous landmarks, including:
- Emirates International School Meadows: A top-rated international school that offers a world-class education to students worldwide.
- Emirates Golf Club: A world-renowned golf course that offers stunning views of the Dubai skyline.
- Reel Cinemas: A state-of-the-art cinema complex that offers the latest movies and entertainment.
- Dubai Marina Mall: A high-end shopping mall that offers a wide range of luxury brands and dining options.
- Waterfront: A stunning promenade that offers breathtaking views of the marina and is perfect for a stroll or jog.
Transportation and Connectivity
Al Majara 3 has good access to public transport and a number of major highways, making it well-connected to the rest of Dubai. Accessing the Dubai Metro is effortless, as it is merely a short stroll away.
- Dubai Metro: The Dubai Metro is a fast and efficient way to get around the city, with several stations near Al Majara 3.
- Taxis: Taxis are a convenient and widely accessible mode of transportation in Dubai.
- Buses: Dubai has a well-developed bus system that connects all major areas of the city.
- Highways: Al Majara 3 is located near several major highways, including Sheikh Zayed Road and Al Khail Road, making traveling to other parts of Dubai easy.
Overall, Al Majara 3 offers a prime location in one of the most sought-after areas in Dubai, with easy access to all the amenities and attractions that the city has to offer.
Investment Potential
Market Trends
Al Majara 3 is a sought-after location in Dubai Marina, with various properties available for investment purposes. The market trends for Al Majara 3 have been positive in recent years, with a steady increase in property values. The area is popular with investors due to its prime location and excellent amenities.
Return on Investment
Al Majara 3 is a fantastic choice for investors seeking a high return on investment (ROI). Investors can anticipate seeing a healthy return on their investment with an average ROI of 8%. The kind, size, and location of the property within Al Majara 3 can all affect the ROI.
Historical Prices
Historical prices for Al Majara 3 show a steady increase in property values over the years. AED 1,400 was the average price per square foot in 2016. The average cost per square foot rose to AED 1,800 by 2020. Over the course of the four years, this indicates a 28.6% growth in property values.
Comparison with Other Nearby Communities
Al Majara 3 is very reasonably priced when compared to other neighborhoods in the vicinity. With an average price per square foot of AED 2,000 in Dubai Marina, Al Majara 3 is a more reasonably priced choice for investors. The community also has top-notch amenities like restaurants, exercise centers, and swimming pools.
Dubai Price Map
Al Majara 3 is located in Dubai Marina, one of the most sought-after areas in Dubai. The Dubai Price Map shows that Dubai Marina is a high-end residential area, with average prices per square foot ranging from AED 1,500 to AED 3,000.
Yearly
Investors looking to purchase property in Al Majara 3 can expect to see an average yearly increase in property values of around 5%. This makes it an excellent option for long-term investment.
Sqft
The average price per square foot in Al Majara 3 is AED 1,800, making it an affordable option for investors purchasing property in Dubai Marina.
Agent
For investors looking to purchase property in Al Majara 3, working with a reputable agent with experience in the area is recommended. A good agent can help investors find the right property and negotiate a fair price for their needs.
Buying and Selling
Property Listings
Al Majara 3 is a luxurious residential tower located in Dubai Marina. The tower features a range of apartments for sale, including one, two, and three-bedroom units. These apartments come with various amenities, including swimming pools, gymnasiums, and parking spaces. If you are interested in buying or selling an apartment in Al Majara 3, there are several ways to find listings.
- Check the websites of reputable real estate brokers, such as Property Finder and Bayut.com.
- Subscribe to email alerts to get notified when new properties become available.
- Join a group of real estate investors to get access to off-market properties.
Inspection and Purchase Process
If you are interested in purchasing an apartment in Al Majara 3, there are several steps you need to take. First, inspecting the property to ensure it meets your requirements is important. Some things to look out for include:
- Whether the apartment is vacant or occupied.
- Whether the apartment is chiller free.
- Whether the apartment will be vacant by a certain date, such as April 16th.
Once you have found an apartment that meets your requirements, you will need to go through the purchase process. This can involve negotiating the price with the seller, arranging financing, and completing the necessary paperwork. Working with a reputable real estate broker or lawyer is important to ensure the transaction is handled correctly.
- Negotiate the price with the seller.
- Arrange financing, if necessary.
- Complete the necessary paperwork with the help of a reputable real estate broker or lawyer.
Following these steps, you can successfully buy or sell an apartment in Al Majara 3, Dubai Marina.
Resident Insights
Community Reviews
The community of Al Majara 3 in Dubai Marina has received positive reviews from its residents. Here are some of the key points:
- The community’s location is convenient, with easy access to shopping, dining, and entertainment options in the Marina area.
- The building is well-maintained, with amenities such as a gym and pool that are clean and functional.
- The security measures in place are effective and make residents feel safe.
Living Experience
Living in Al Majara 3 provides a luxurious experience with stunning views of the marina and the Arabian Gulf. Here are some additional insights on the living experience:
- The apartments are spacious and well-designed, with modern finishes and high-quality appliances.
- Despite being located in a bustling area of Dubai, the community is peaceful and quiet.
- The property management team is responsive and helpful, promptly addressing any issues or concerns.
Overall, Al Majara 3 offers a comfortable and upscale living experience in one of Dubai’s most desirable areas.
Additional Information
Property Management
Al Majara 3 is a residential building in Dubai Marina, managed by Emaar Properties. The property management team ensures that the building is well-maintained and provides a range of services to the residents. Some of the property management services offered at Al Majara 3 include:
- 24-hour security and concierge services
- Maintenance and repair services
- Cleaning services for common areas
- Landscaping services for outdoor areas
If residents have any questions or issues about their unit or the building, they can also get in touch with the property management staff.
Legal and Regulatory Aspects
Al Majara 3 is a high-rise building in Dubai Marina and is subject to the legal and regulatory requirements of the Dubai Land Department. Some of the legal and regulatory aspects that residents should be aware of include:
- The Strata Law governs the building, which outlines the rights and responsibilities of property owners and residents in a shared building.
- Residents are required to pay service charges for the maintenance and upkeep of the building’s common areas.
- The building is subject to regular inspections by the Dubai Municipality to ensure it complies with safety and health regulations.
Residents should also be aware of the terms and conditions of their lease agreement and any other legal requirements related to their tenancy.
Other Information
- Al Majara 3 is part of the Al Majara Towers complex, comprising five high-rise buildings.
- The building offers apartments with one to three bedrooms, some of which have balconies and studies.
- The apartments feature modern kitchens with high-quality finishes.
- Al Majara 3 is located in Dubai Marina, a vibrant waterfront community home to more than 200 skyscrapers.
- Nearby communities include Jumeirah Beach Residence, Dubai Media City, and Dubai Internet City.
- The building is a high-rise structure with 30 floors, with some apartments on high floors.
- The size and floor of an apartment determine how much it costs to rent in Al Majara 3.
- Residents looking for a budget-friendly option may consider apartments in Al Majara 1 or Al Majara 5, which are also part of the Al Majara Towers complex.
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Frequently Asked Questions
What is the average rental price for an apartment in Al Majara 3?
- A one-bedroom flat in Al Majara 3 typically costs between AED 80,000 and AED 100,000 per year to rent.
- In Al Majara 3, the typical annual rental cost for a two-bedroom apartment is between AED 120,000 and AED 140,000.
Are there any units for sale in Al Majara 3, and if so, what are the price ranges?
- Yes, there are units available for sale in Al Majara 3.
- The price range for a 1-bedroom apartment is around AED 1.2 million to AED 1.5 million.
- The price range for a 2-bedroom apartment is around AED 1.8 million to AED 2.5 million.
Can I find detailed floor plans for Al Majara 3 residences?
- Yes, detailed floor plans for Al Majara 3 residences are available on the official website of Emaar Properties.
What amenities are available to residents of Al Majara 3?
- Al Majara 3 offers a range of amenities to its residents, including a swimming pool, a gym, a sauna, and a steam room.
- Residents can also enjoy the landscaped gardens, the children’s play area, and the barbecue area.
- The building has 24-hour security and maintenance services.
How does Al Majara 3 compare to other residential towers in Dubai Marina regarding luxury and facilities?
- Al Majara 3 is a luxurious residential tower in Dubai Marina that offers modern amenities and facilities to its residents.
- The building has a prime location surrounded by other high-end residential towers, making it a popular choice among expats and locals.
- Regarding luxury and facilities, Al Majara 3 is on par with other residential towers in Dubai Marina.
What public transportation options are available near Al Majara 3?
- Al Majara 3 is located near the DAMAC Properties Metro Station, which provides easy access to other parts of Dubai.
- The building is also within walking distance to the Dubai Marina Mall and the Jumeirah Beach Residence (JBR) Walk, where residents can find a variety of shops, restaurants, and cafes.
