r/DubaiRealEstateAE

Lowest priced 3-bed in 23 Marina right now—sharing in case anyone's been watching the building or seeking below market opportunities to renovate.

Picked up a listing I think is genuinely worth flagging here.

23 Marina, 01 series, 3 bed plus maid, 2,161 sq ft. Standard spec, no upgrades. The owner had it sitting at 3.1M several months back, couldn't get any traction, and has now dropped to 2.8M asking. It's been vacant for some time, so they're motivated.

The last comparable unit in the building closed at 3.05M in June 2025. This is below that and currently the lowest listed 3-bed in the tower.

No upgrades is actually what makes it interesting if you're an investor or someone who wants to renovate. Upgraded units in the building are renting at 200k+. This rented previously with a long-term tenant at 200k. The gap between standard and upgraded here is real.

It's a big apartment in a building most people know. Floor-to-ceiling windows, every bedroom en-suite, balcony from every room, two parking spaces. Nothing fancy to say about it — the price is the story.

Happy to answer questions. Property Video Walkthrough

Why I Think RAW District by Imtiaz Developments Could Be a Strong Investment

• Located in Downtown Jebel Ali directly on Sheikh Zayed Road , one of Dubai’s biggest long-term growth corridors.
• Area is positioned between major future-demand drivers: That combination alone creates strong long-term residential and rental demand.
  • Expo City Dubai , Palm Jebel Ali , Al Maktoum Airport , JAFZA
• ppsqft is pretty reasonable for furnished project :==
  • Studio: AED 649K for 380 sqft → around AED 1,707/sqft
  • 1BR Executive: AED 889.5K for 610 sqft → around AED 1,458/sqft
  • 1BR Standard: AED 1.069M for 720 sqft → around AED 1,484/sqft
  • 2BR: AED 1.489M for 1,054 sqft → around AED 1,412/sqft
  • 3BR: AED 1.959M for 1,400 sqft → around AED 1,399/sqft
• 3BR sizing is one of the biggest positives :==
  • 1,400 sqft for under AED 2M is difficult to find today in branded/lifestyle projects.
• 60/40 post-handover plan reduces pressure :==
  • Example on a AED 1.959M 3BR:
    • AED 1.175M paid till handover
    • Remaining AED 784K spread over 3 years after completion
  • Easier for investors planning rental income support after handover.
• Potential rental math looks interesting :==
  • If a 2BR rents around AED 100K–120K by 2029:
    • Gross yield could be around 6.7%–8%
  • If a 3BR rents around AED 140K–160K:
    • Yield could stay around 7%+
  • Furnished/lifestyle projects usually command stronger rental premiums.
• Q1 2029 handover gives runway :==
  • Dubai infrastructure expansion is still ongoing.
  • If surrounding communities mature over next 3 years, pricing today may look attractive in hindsight.
• Overall: ==
  • decent PSF
  • larger layouts
  • furnished positioning
  • flexible payment structure
  • mixed-use concept

DM to Know More about the project .

FOR SALE - Residential Building in Jumeirah Garden City

Jumeirah Garden City is located close to Sheikh Zayed Road with its close proximity to La Mer Beach, DIFC, Downtown, Business Bay and City Walk. With high demand for rentals and long-term appreciation, this is a great opportunity for investors, providing long term growth with strong rental returns.

• ⁠G+8 residential building

• ⁠Total apartments: 66 units - 33 Studios and 33 One Bed Apartments

• ⁠Completion Certificate has been received.

• ⁠Plot size: 11,607 sqft

• ⁠GFA: 39,960 sqft

• ⁠Sellable area: 41,614 sqft

• ⁠Brand new construction

• ⁠Vacant

• ⁠Good ROI potential

• ⁠Selling Price: AED 70,000,000

• ⁠Price negotiation open for serious offers.

Proof of funds and LOI required. Open to a meeting with the direct seller.

Please contact for further information.

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FOR SALE - Residential Building in Jumeirah Garden City

Jumeirah Garden City is located close to Sheikh Zayed Road with its close proximity to La Mer Beach, DIFC, Downtown, Business Bay and City Walk. With high demand for rentals and long-term appreciation, this is a great opportunity for investors, providing long term growth with strong rental returns.

• ⁠G+8 residential building

• ⁠Total apartments: 66 units - 33 Studios and 33 One Bed Apartments

• ⁠Completion Certificate has been received.

• ⁠Plot size: 11,607 sqft

• ⁠GFA: 39,960 sqft

• ⁠Sellable area: 41,614 sqft

• ⁠Brand new construction

• ⁠Vacant

• ⁠Good ROI potential

• ⁠Selling Price: AED 70,000,000

• ⁠Price negotiation open for serious offers.

Proof of funds and LOI required. Open to a meeting with the direct seller.

Please contact for further information.

————————————————————————————

Presenting a premium High Floor 2 Bedroom Apartment in Belgravia Gardens by Ellington, located in the fast-growing Dubai Land community with direct access to E311 Sheikh Mohammed Bin Zayed Road.

Property Details:
• 2 Bedroom Apartment
• High Floor with Open Views
• Size: 1,068.21 sqft

Financials:
• Original Price (OP): AED 1.57M
• Seller Asking Price (SP): AED 1.64M
(OP + 4% DLD = AED 65,000)

Market Comparison:
• Current direct inventory with Ellington starts from AED 1.72M
• Current market value for similar units ranges between AED 1.7M – AED 2M

This makes the unit highly attractive for investors, especially considering it is a high-floor unit, which always carries stronger resale value, better rental demand, improved views, and higher long-term appreciation.

Payment Plan:
• 50/50 Payment Plan
• 30% Already Paid
• 20% in 2 years till handover and 50% during handover
• Net to Owner: AED 535,000
• Handover: Q3 2028

Key Advantage:
The new buyer can continue the existing developer payment plan at the original launch price, making this a highly strategic secondary market investment.

Prime Location Benefits:
• On Sheikh Mohammed Bin Zayed Road (E311)
• Next to Al Ain Road
• Close to Global Village
• Near IMG Worlds of Adventure
• Excellent future appreciation potential

Ellington developments are known for premium quality, strong rental demand, and excellent long-term value growth.

For serious investors and end users seeking a below-market entry point in Dubai Land, this is worth strong consideration.

Feel free to connect for more details.