Overview

Property Description

Nautica is a high-end residential development in Dubai Maritime City by Select Group, known for the Peninsula mega-development. There are two towers: Nautica One and Nautica Two. You have the opportunity to choose from a range of stylish 1- & 2-bedroom waterfront apartments measuring from 615 sq. ft. to 1,032 sq. ft. The residences will be meticulously designed in shades of slate, cool grey and sapphire, combined with warm timber tones and accents of copper. It is also a feature of the apartment to have built-in wardrobes in each bedroom for residents' convenience. The starting cost of a property in Nautica is AED 1.4M (USD 381K). There is a reservation fee of AED 50K (USD 13K). *Prices are valid for 2023 During the construction of Nautica, you can benefit from a 40/60 payment plan. You are required to pay 20% as a booking fee, 20% during construction, and the final 60% upon completion in Q4 2026. Nautica real estate offers a lucrative investment, with one-bedroom apartments in Dubai Maritime City generating an average gross return of 6.6%. AED 95K (USD 26K) is the initial rental cost of Nautica apartments as of Q3 2023, which guarantees a decent long-term income if you decide to rent them out. A long-term visa in the UAE covers your spouse and children, allowing you to enjoy the best life together. A 2-year or 10-year visa in the UAE covers your spouse and children.

Location