Dubai Maritime City (DMC)
Located on the coast between Deira and Downtown Dubai, you will find the Dubai Maritime City area. This area is mainly high-rise buildings. This area is attractive to expats working in the shipping or transportation industry and their families who want to live in a prime location close to the ports.
General information
Dubai Maritime City (DMC) is a leading maritime center offering a wide range of maritime services and facilities. Located in a strategic location between Port Rashid and Dubai Drydocks, it has been developed to strengthen Dubai's position as a world leader in the maritime sector. DMC is designed as an integrated, state-of-the-art cluster that brings together companies from different segments of the maritime industry, including shipbuilding, ship repair, offshore engineering and maritime trade and logistics.
Dubai Maritime City is strategically located on the peninsula between the Dubai Drydocks and Port Rashid. This location provides easy access to some of the world's busiest shipping lanes and major ports in the region, making it an ideal hub for maritime activities.
DMC has advanced infrastructure designed to meet the specific needs of the maritime industry. This includes state-of-the-art shipyards, dry docks, and repair facilities equipped with the latest technologies. In addition, DMC offers extensive warehousing and logistics facilities, offices, and business spaces designed to maximize efficiency and productivity.
DMC creates a dynamic business ecosystem by bringing together a wide range of maritime companies. This includes shipyards, repair shops, maritime service providers, shipping companies and logistics companies. By housing these companies in one cluster, DMC promotes collaboration, knowledge sharing and innovation within the sector.
The development of Dubai Maritime City is planned in several phases to ensure gradual and steady growth. Each phase introduces new facilities and services to meet the growing needs of the maritime sector.
ROI and capital appreciation
Returns and appreciation in Dubai Maritime City are going to be good. This is due to the relatively low property prices and its convenient location to the sea and Downtown Dubai. The 2- and 3-bedroom apartments are going to generate the best ROIs in this area. It is recommended that the properties be rented out short-term. The 2-bedroom apartments will be sold from €600,000 and the 3-bedroom apartments from €750,000.
Off-plan
New construction in this region will experience an increase in value between 20% and 40% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 7% and 9%. After completion, value appreciation in this region will be between 5% and 10% per year.
Ready built
Existing construction in this region will experience an increase in value between 5% and 10% per year.