Dubai Marina Yields 7.2% Year-to-Date, Says Chestertons’ Special Cityscape Residential Report

Chestertons MENA, a leading international property agency, has released a special Cityscape report on two of Dubai’s most popular residential neighbourhoods, Dubai Marina and Dubai Downtown, highlighting yields averaging 7.2% and 5% respectively between January and August this year.

Despite difficult macroeconomic conditions both Dubai Marina and Dubai Downtown have continued to attract a wealth of interest from investors with prices in Dubai Marina varying between AED1,362 per sqft for ready units and AED1,749 per sqft for off-plan units. In Downtown prices average at AED1,884 per sqft for ready units and AED1,976 per sqft for off-plan units.