The complex Al Majara Towers is part of the modern and developed area of Dubai Marina. Within walking distance are restaurants for all tastes, as well as well-known brand stores and offices. The complex itself has several retail outlets, including two travel agencies, two restaurants and a store.
From Al Majara Towers it is about 20 minutes to Dubai Mall, 13 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 9 minutes to The Walk JBR. The famous shopping mall of the Emirates is a 13-minute drive away and DXB and Al Maktoum International Airports are both approximately 30 minutes away. Marina Beach is 700m away and the nearest bus stops, Jumeirah Beach Residence Station 1 and 2 are a five and ten minute walk away respectively.
Dubai Marina, where Al Majara Towers is located, is growing rapidly and attracts more investors and tenants every month. This contributes to the development of tourist and commercial activities and the expectation of a high return on investment in the project.
Given that the average price of a one-bedroom apartment in the residential complex is AED 1,180,000 (USD 321,250) and the average annual rent of an apartment is AED 80,000 (USD 21,780), the return on investment in this type of housing can reach 5.61%.