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Is it worth investing in the Dubai Maritime City area

Стоит ли инвестировать в район Dubai Maritime City

Dubai attracts businessmen from all over the world. The Emirate offers the best conditions for work, life, recreation, education. One of the unique areas of Dubai Maritime City was created artificially, is the “home” for many large companies. It is about him and will be discussed in the article. Learn more about the area, its architecture, economic attractiveness and other aspects that are important to know when moving. 

About Dubai Maritime City

On an area of more than 2.27 million square meters, between the Port of Rashid and the Dubai Drydocks World shipyard, there is a unique man-made island developed by Dubai World. It is located in the heart of Dubai, on the west bank of Dubai Creek, which offers breathtaking views of the Persian Gulf. This is the only specialized marine cluster in the UAE, which was founded as the center of the industry for another 15 years. 

The multifunctional business district of the project includes commercial, residential and office towers. Its modern architecture, developed infrastructure, technology will undoubtedly attract fans of a dynamic, interesting lifestyle. Warehouses, repair shops, marine docks, ship lifts will allow for world-class marine services. The territory will be conditionally divided into 4 main zones: 

  • repair and industrial; 
  • marine center;
  • recreation area;
  • educational and research center. 

The range of amenities in the area is planned to be impressive. These are yacht clubs, beaches, water sports facilities. It is designed exclusively ergonomically, and all industrial and commercial zones already have clearly defined territories. The cluster covers industry, regulation, infrastructure to promote the active development of the marine industry.


Dubai Maritime City Architecture

The main development of the district is carried out by the developer DP World in cooperation with architectural consultants from Khatib & Alami, professionals in regional planning and engineering. The style is modern, but all objects will be ergonomically integrated into the landscape due to soft, smooth lines, eco-friendly design. Sustainable, high-quality materials are mainly used in the construction of buildings.

Target audience

It is obvious that the area will attract first of all those who are engaged in the marine industry, as it opens up full-cycle opportunities. Here you can combine companies in 6 sectors: 

  • marine services;
  • management;
  • product marketing;
  • research and education;
  • leisure;
  • design and manufacture of ships.

This place will be ideal for holding international trade seminars, exhibitions, conferences, symposiums on the subject of the marine industry.

Maritime City is suitable for representatives of other industries, ordinary tourists, investors and people leading an active lifestyle. The developed infrastructure will provide accommodation for young families with everything they need, from education to entertainment. 

Daily life in Dubai Maritime City

Dubai Maritime City

Dubai Maritime City, a modern area of Dubai, is planned to be filled with everything necessary for a comfortable life. These are urban landscapes in the neighborhood with a beautiful view of the bay. Social and public infrastructure is represented by: 

  • an ambulance station; 
  • kindergartens on the mainland Cambridgeshire Nursery, Al Mankhool British Garden Nursery, Ambassador Kindergarten; 
  • schools on the mainland New Academy School, American Educational School; 
  • parks and green areas.

Residents and guests of the district will also be able to quickly get to the main leisure infrastructure facilities. These are shops, cafes, restaurants, fitness centers, yacht clubs, beaches, water sports facilities. Since the area is still being built up, the main benefits are still on the mainland. In the near future, the owners of real estate on DMC will be able to live comfortably almost without leaving the peninsula. 

Transport accessibility

A high standard of living in Dubai implies the availability of transport for personal use. Without it, it is still difficult to get to the main infrastructure facilities located on the mainland. The island is connected to the mainland by a major transport artery Sheikh Rashid Road. It is best to move around the area and beyond by private or rented transport. Public transport is provided, but it will take about half an hour to get to the stops on foot. 

Sights around

Dubai Mall

Several of Dubai’s most famous attractions are located in the immediate vicinity of the DMC area. One of the most famous places is the Dubai Mall. This is the largest shopping center in the world, on the territory of which various shops, cafes and entertainment for any age are concentrated. 

It is easy to get to the largest Dubai Frame, which is only a 15-minute drive away. The famous Dubai Museum of unusual shape can also be visited without difficulty and a long road. Tourists will be interested to visit Burj Khalifa – the tallest building in the world. Be sure to visit the picturesque Dubai Creek – a unique sea channel of natural origin.

Economic attractiveness

The economic attractiveness of the location is undeniable. The Department has developed and actively applies an effective development policy. Strategic partnerships have been established and continue to be built with government agencies, private enterprises, and other stakeholders. 

All efforts of the department are aimed at creating a safe and dynamic maritime sector, ensuring economic sustainability in the emirate. The highest standards of navigation safety, the best environmental practices are being implemented to create a safe marine environment for business. 

Business real estate

Residential real estate

The area is still new, construction is actively underway in it and investors from all over the world are turning their eyes to the prospects for the construction of real estate in Dubai Maritime City. The first phase has already been completed on the territory, which includes the construction of roads, irrigation lines, sewers, storm drains. Soon there will be 8 water fronts, 3 interior sections, as well as hotels and office centers.

It is planned to place more than 100 warehouses, as well as a ship repair center on the territory of the industrial zone. While the yacht is being repaired, the owner will be able to unwind at the Maritime Center and Harbor Residences. Various leisure facilities, hotels, cafes, restaurants will be equipped here. 

Harbor Offices is located at the shipping gateway. Here investors can build their offices, for which 19 plots have already been allocated. The academic quarter will house educational facilities ready to accommodate about 1,300 students who want to link their careers with the marine industry. In addition, the plans also include the construction of: 

  • mosques; 
  • business hotel with 500 rooms;
  • libraries in 2 floors;
  • various marine structures. 

According to the development plan, Landmark Tower, a five–star hotel with offices and apartments, will be built in the very center of the district. The Creek Towers and Plaza project is also being promoted. These are 5 office towers with shops, places for active recreation and an equipped embankment.

Such a huge variety of planned development objects will definitely attract the attention of investors. In the future, you can get a fairly high profit from such investments, in the amount of 4%-8% per year. 

Residential real estate

Business real estate

The district has been stagnating for a long time and now, after the start of active actions, investments have flowed like a river. It is very actively being built up with large residential complexes from well-known developers such as EMAAR Properties, DAMAC Properties, Omniyat Group and others. Almost all offers are sold out at the project stage, because a large influx of locals and tourists is expected on the peninsula. 

At the moment, only one residential complex Anwa from the developer Omniyat has been completed so far. The 44-storey building has almost 230 residential premises of different configurations, a gentrified house territory with a playground, a sports area overlooking the bay. 

Other companies have excellent offers as well. Some offer apartments at a price of 300 thousand dollars with installments for 6 years and completely turnkey. Given the immediate proximity to water, the developing infrastructure, the big plans of large companies, investing in residential real estate Dubai Maritime City can bring a really decent profit in the future. 

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Vladimir Sviridov
Vladimir Sviridov
General Manager RLC Consulting
With a Postgraduate Masters in Finance from The, Moscow State University, Russia. Vladimir started his professional career as an auditor of the financial sector of EY. After that, he worked for several years in senior positions in corporate banking. In 2018-2021, he managed the finances of a large agricultural holding, and is currently responsible for strategic planning, corporate partnership and financial management in the role of General Manager of RLC Consulting GROUP in the UAE.

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