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- Investor's Guide: Dubai Maritime City
What You Need to Know About Promising Marine Location in Dubai
Dubai Maritime City is an artificial peninsula between Jumeirah and Bur Dubai. It is attached to Port Rashid with a superyacht marina and a floating yacht club.
10 Facts About Dubai Maritime City (DMC)
1. The project was launched in 2004 with the creation of the peninsula. Now, its area is 2,5km².
2. DMC is a part of DP World's portfolio, the leading provider of smart logistics solutions.
3. The project is divided into 2 precincts: industrial and commercial. The industrial precinct is the only specialised maritime cluster in the GCC.
4. The commercial precinct is an off-plan area for retail, residential, office towers, and a promenade.
5. It is a Free Zone with 100% foreign ownership and corporate tax of 0%.
6. 280+ businesses are registered here: from yacht manufacturing to warehouses.
7. The Dubai Maritime City Campus for 1,300 students is set to offer education such as naval science and maritime engineering.
8. DMC has great transport accessibility:
- 10 mins – La Mer Beach and Dubai Frame
- 20 mins – Downtown Dubai and DXB Airport
9. UAE's leading developers, such as DAMAC, Danube, Deyaar, LMD, OMNIYAT, and Select Group, choose DMC for seafront projects.
– SARIA – A tower with several infinity pools
– The Pier Residences – Apartments featuring Bosch or Siemens appliances
– Oceanz by Danube – Towers with full furnishing by Tonino Lamborghini Casa and pools on the balconies
10. DMC offers different types of apartments from studios to penthouses with prices 60% lower than on Dubai Islands and 70% lower than on Palm Jumeirah or Dubai Harbour.
Average Prices
Studio – From $329,000
1 Bedroom – From $503,000
2 Bedrooms – From $752,000
3 Bedrooms – From $1,004,000
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