Dubai Marina Duplex Penthouse

Dubai Marina Duplex Penthouse

AED 7,000,000 | 3,771 sq.ft (350 sqm) | 4 Beds + Maid | 5 Baths | Marina & Sea Views

This duplex penthouse sits high in Dubai Marina, with direct Marina and sea views, a spacious layout, and immediate lifestyle access (Marina Walk, beach, dining, retail).

Layout and lifestyle highlights

• Duplex penthouse format with generous living and dining volumes
• Separate maid’s room (often used as an additional guest suite depending on need)
• Central Marina positioning with walkable access to key amenities

The numbers at a glance

Acquisition

• Purchase price: AED 7,000,000
• Size: 3,771 sq.ft (350 sqm)
• Price per sqm: ~AED 19,981/sqm (based on 350 sqm)
• Notary/admin fees (given): 2% of purchase price = AED 140,000

Renovation budget (preliminary)

You provided two cost bases: (1) works + joinery + MEP items, and (2) finishing materials.

A. Works package (incl. VAT)

• Total: AED 584,855 (incl. 5% VAT)

B. Finishing materials (incl. VAT)

• Total: AED 140,086 (incl. 5% VAT)

Renovation subtotal (A+B): AED 724,941

Recommended buffers (typical for high-rise refurb):

• Contingency: ~10% of renovation = AED 72,494 (scope changes, lead times, site conditions)
• Furniture & staging: estimate AED 250,000 (depends heavily on target positioning and brand level)

Total project cost (illustrative)

AED 8.19M all-in (purchase + 2% fees + renovation + contingency + furniture estimate).

Room-by-room renovation budget

Works and rough materials (selected totals)

• Living and Dining: AED 42,005
• Kitchen: AED 29,845
• Guest Bathroom: AED 27,980
• Powder Room: AED 15,072
• Staircase: AED 14,971
• Master Bedroom + WIC: AED 18,601
• Study: AED 10,068
• Guest Bedroom: AED 9,955
• Maid’s Bathroom: AED 15,462
• Laundry + Maid’s Room: AED 6,643
• Pantry: AED 5,884

Finishing materials (selected totals)

• Living and Dining: AED 10,263
• Kitchen: AED 25,913
• Master Bathroom: AED 35,813
• Bathroom 1: AED 29,111
• Bathroom 2: AED 19,679
• Staircase: AED 2,834

Timeline (typical)

• Due diligence + prep: 2 to 4 weeks
• Renovation execution: 24 - 32 weeks (depending on approvals, lead times, site rules)
• Furnishing + staging: 3 to 4 weeks

Total: about a year for a clean, investment-grade delivery.

Exit value and ROI logic

We anchor the resale rationale on:

• Prime Dubai Marina positioning with direct access advantages
• High-floor duplex scarcity and view premium
• A structured refurb that modernizes layout flow, bathrooms, kitchen, lighting, and joinery (big-ticket perception drivers)

For context, Property Finder’s average sale price for 4-bedroom units in Dubai Marina is shown around AED 9.68M.

Example scenarios (based on the AED 8.19M all-in illustration)

• Resale at AED 9.2M: ~12.4% uplift
• Resale at AED 9.5M: ~16.0% uplift
  (Actual outcome depends on vacancy timing, tenant strategy, finish level, and market conditions at exit.)

Conclusion

This duplex penthouse checks the investor boxes that matter: size, views, location, and an upgrade path that is easy to justify to a buyer. With a disciplined renovation scope and strong finish choices, the asset can be repositioned into a high-demand segment of Dubai Marina.

One important point for every mandate: Batimmo never takes custody of client funds. Payments to the seller, contractors, and any third parties are executed directly by the client. Batimmo’s role is advisory, coordination, and transaction oversight from start to finish.