Apartment in Maritime City, Dubai, UAE 1 bedroom, 61 sq.m. № 340973

Registration within 14 days of reservation                                      20% 3rd Instalment20%                                            Within 6 months of reservation                                               20% 4th Instalment60%                                                        Upon completion                                                        60%

Nautica is a luxury complex in Dubai Maritime City from the developer Select Group, which is known for the iconic Peninsula project. It will have two skyscrapers - Nautica One and Nautica Two. The ground floor of each building will be occupied by a spacious lobby with high-speed lifts, a lounge area, and a concierge desk. The complex will also have an open terrace with a swimming pool, recreation areas, and other public spaces.

The residential part of the towers will boast apartments with one and two bedrooms. Their area varies from 57 to 96 sq. m. At the excavation stage, one-bedroom residences can be purchased at a minimum price of AED 1.4 million (USD 381,000). The developer is also offering an instalment plan with a gradual payment of 40% of the amount during construction and 60% when the project is handed over in Q4 2026.

Location

Nautica Residence in Maritime City will provide residents with a variety of island community amenities within easy access. They include:

• Shops;
• Restaurants;
• Pedestrian promenade;
• Mina Rashid Marina;
• Industrial facilities related to shipping;
• Business centres.

From the towers, you will easily reach the coastal neighbourhood of Deira. The following locations are within a 10-minute drive:

• Well-known Gold Souk jewellery market, where precious metal and stone products are sold;
• Famous Dubai Frame building;
• Baqer Mohebi 24-hour supermarket;
• Aster Hospital;
• Al Ghubaiba Metro Station.

In 10 minutes from the new complex, you can enter one of the leading motorways in the city, Sheikh Zayed Road. It leads to the centre of Dubai and connects it with other emirates. The Downtown Dubai area can be reached in 15–20 minutes, and the road to the international airport will take no more than 15 minutes.

Properties in Nautica Residence for investments

At the construction stage of Nautica Residence, the prices from the developer for apartments will be the most favourable. By the time the work is completed, the cost of housing can increase by up to 20%, which makes the project attractive to investors. An undeniable benefit of investing in properties in Dubai is the annual increase in prices. The expected increase in the cost of housing in 2023 is 13.5%.

The Maritime City district is a promising location to buy a flat for rentals. The average profitability of housing in Maritime City is 6.6% per annum. Taking into account that new residential and industrial projects are being actively built on the island, the prices of properties for both sale and rent will only increase. Today, you can rent an apartment in Maritime City for AED 110,000 (USD 30,000) per year.

The coastal project features stylish 1-2 bedroom apartments starting from 49 sq. m up to 96 sq. m. The bedrooms will have built-in wardrobes. The residences will be decorated in noble slate, gray and sapphire shades combined with warm wood tones and copper accents.

The Nautica podium levels will house a variety of world-class leisure and entertainment amenities:

infinity pool overlooking the embankment;
Jacuzzi and sun loungers;
yoga area;
padel tennis court;
3x3 basketball court;
outdoor gym;
indoor cardio training room;
strength training room with locker rooms.

Apartments in Nautica Residence

The flats in the high-rise complexes will have one or two bedrooms, open-plan kitchens, panoramic windows, and spacious balconies with sea views. The residences will be commissioned with finishes, fitted kitchens and bathrooms. The layouts include:

• Open-plan kitchens combined with living and dining areas;
• Cosy bedrooms with a built-in wardrobe and a separate bathroom with a shower;
• Dedicated room for a washing machine.

Privileges

One of the advantages of the towers will be their location on the first coastline. The buildings will be turned in such a way that the flats will have beautiful views of the sea, the embankment, and the yacht marina.

Among other advantages of the residential complex, it is worth mentioning the well-thought-out infrastructure of the buildings with various amenities, among which are:

The interiors of the apartments will be decorated in a grey-blue-beige colour scheme with rich accents in shades of red, copper, and terracotta.