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Saturday, October 20, 2007

Quality of Life in Dubai Marina

What is the quality of life for residents in Dubai Marina today while large scale construction continues, and what will life be like when (or if) the construction comes to an end? These are more interesting questions for the resident or future resident to ponder than "when will the real estate bubble burst?", which seems to be all the talk among investors.

A survey would be one way to approach the question. Clearly most of the issues below represent concerns and hopes for all Dubai Marina residents. One might see things from a glass half-empty or half-full perspective, but for most the negative will probably outweigh the positive, while the longterm view should be more optimistic.

Free polls from Pollhost.com

Quality of life in Dubai Marina today & in the future--what stands out?
(Tick as many statements as you agree with.)

Minus: Lack of community--it's more about buildings than people.
Minus: Ongoing construction is near intolerable, too much noise, dust and
          disorder.
Minus: Too long a wait for expected amenities: a nice promenade,
          shopping, dining, recreational facilities, etc.
Minus: Build quality and building services are at best sub-standard.
Minus: Inadequate transportation options and parking facilities.
Minus: Insufficient public service facilities: parks, mosques
          schools, banks, clinics, cleaners, filling stations, etc.
Minus: The Marina is an eyesore; the canal is filthy.
Minus: Living here is too expensive.
Minus: The adjacent power plant has got to go!

Plus: The development is clearly coming along and exciting to witness.
Plus: The highrises and highrise views are stunning.
Plus: My own accommoadtion is top notch.
Plus: I can already live the high life--shopping, dining, sunbathing, etc.
Plus: The road network is excellent or at least well on its way.
Plus: The canal and nearby sea are exhilarating.
Plus: Location, location... it is just an unbeatable Dubai location.
Plus: It offers a safe, comfortable, convenient environment.

Future: In two or three years time most of the minuses will have been
          sorted out.
Future: It will take several more years before life in the Marina becomes
          comfortable.
Future: It will never live up to its promise.

Go to DM Blog latest posts, Dubai Marina Communities or MAG 218 Community homepage.

4 Comments:

Very interesting article, and very educative.
As for me this questionnaire is a really helpful for people who would like to invest in Dubai property, especially in Dubai Marina, cause people before purchasing such interesting estates should know all cons and ,whether to buy it or know. Thanks for the great info.

By Zhanna, at 29 November, 2007 15:01
Great post. I'm the more optimistic half of the residents; thinking that it's quite nice already and with firm belief that the current lacks are just temporary.

But then again, I work so much I barely get in the door before I go to sleep:)

By Anonymous, at 29 December, 2007 21:10
On the one hand the construction seems to be taking forever. On the other, it's the most accomplished of all of Dubai's big development sites and seems to grow remarkably from month to month. For present and would-be residents patience is required, but the payoff should come when most of the towers and all of the infrastructure reaches completion within the next 3 years or so.

As for having to spend so much of one's time working to pay for the privilege of living in the Marina, I'm sure many will find themselves in this position as salaries for most in Dubai are not enough to comfortably make payments. This becomes all the more burdensome when properties aren't completed on time or built to advertised standards.

By B.D., at 30 December, 2007 01:13
Real Estate Weblog: A blog entry that speculates on when the real estate market will start to see appreciation in its values. Good effort keep it up.

By Villas in Dubai, at 18 April, 2012 17:26

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