ARY Marina

TL;DR: ARY Marina View is a completed 10-storey freehold residential tower at 22 Al Hubob Street, Dubai Marina, developed by ARY Group and completed on December 30, 2006. The building houses approximately 91 units comprising 1-bedroom apartments (1,103 to 1,130 sqft), 2-bedroom apartments (1,406 to 1,561 sqft), 3-bedroom apartments (2,800 to 2,861 sqft), and distinctive 4-bedroom multi-floor waterfront villa units with private garages and patios. Current sale prices range from AED 1.4 million (1BR) to AED 4.95 million (3BR). Gross rental yields reach 7.9 percent for 1-bedrooms and 8.1 percent for 3-bedrooms. Amenities include a swimming pool, jacuzzi/whirlpool, spa, sauna, steam room, squash courts, and fully equipped gymnasium. DMCC Metro Station is approximately 800 metres away.

Overview — ARY Group's Landmark Dubai Marina Development

ARY Marina View stands as the flagship Dubai residential development of ARY Group — one of the Gulf region's most storied diversified business conglomerates, with roots in Dubai dating back to 1968. Completed on December 30, 2006, ARY Marina View was one of the early towers to be delivered in Dubai Marina's first development wave, establishing a premium residential presence in what would become the world's largest man-made marina.

ARY Group was founded by Haji Abdul Razzak Yaqoob (May 7, 1944 – February 21, 2014) — a pioneering businessman who arrived in Dubai from Karachi in 1968 and built a multi-sector empire spanning consumer goods, gold trading, media, and real estate. ARY Group was formally established in 1974 and expanded rapidly through the 1970s and 1980s, with the ARY Gold division becoming instrumental in establishing Dubai's reputation as a global gold trading hub. Haji Abdul Razzak Yaqoob is credited with helping to introduce the concept of stamping gold bars with the Dubai hallmark, contributing foundational intellectual capital to what later became the Dubai Multi Commodities Centre (DMCC). ARY Digital — launched in 2000 as Pakistan's first major private satellite TV channel — grew into the ARY Digital Network, now reaching approximately 250 million viewers across 126 countries through channels including ARY Digital, ARY News, ARY Zauq, and ARY Musik.

Following Haji Abdul Razzak Yaqoob's passing in February 2014, ARY Group is led by his nephew Salman Iqbal (born 1974, raised in Dubai), serving as Chairman/President & CEO. Under Iqbal's leadership, ARY Group launched ARY & MAZ Developments in 2023 — a joint venture with Maher Al Zarooni Group (35 years of Dubai real estate expertise) announcing an AED 2.5 billion residential development pipeline across Dubai Islands, JVC, Nad Al Sheba, Dubai South, and Majan/Barari Palace.

Building Architecture & Specifications

ARY Marina View was designed by Arenco Architectural & Engineering Consultants and stands 41 metres tall across 10 floors, creating a mid-rise silhouette well-suited to its waterfront marina position. Completed December 30, 2006, the building launched in 2004 as an off-plan development during Dubai Marina's formative years. The tower houses approximately 91 residential units — comprising apartments and multi-floor villa configurations — all available on a 100 percent freehold basis, open to all nationalities.

The building's address at 22 Al Hubob Street places it directly on Dubai Marina's inner waterway, providing direct access to the 7-kilometre Marina Walk promenade and panoramic views over the marina canal from the majority of units. Upper floors and villa units with wider sightlines likely capture Arabian Gulf views in addition to the marina channel aspect.

Unit Types, Sizes & Current Market Pricing

One-Bedroom Apartments (1,103 to 1,130 square feet): ARY Marina View's 1-bedroom units are notably spacious by Dubai Marina standards — with a minimum of 1,103 square feet exceeding many contemporaneous buildings' 2-bedroom sizing. Each unit features a powder room, laundry area, fitted kitchen, open living and dining area, balcony with marina views, and built-in wardrobes. Current sale prices are approximately AED 1,400,000 (lower floor, unfurnished), equating to approximately AED 1,269 per square foot. Annual rental rates achieve approximately AED 109,990 to AED 110,000, delivering an estimated gross yield of approximately 7.9 percent.

Two-Bedroom Apartments (1,406 to 1,561 square feet): Available in two size variants — 1,406 square feet and 1,561 square feet — the 2-bedroom units provide a master bedroom with en-suite, a second bedroom with en-suite, built-in wardrobes, laundry room, fitted kitchen, powder room, and a private balcony. Current sale prices range from AED 2,000,000 for a 1,406-sqft furnished unit with marina views to AED 3,000,000 for a 1,561-sqft unfurnished configuration (AED 1,422 to AED 1,923 per square foot). Annual rental rates achieve AED 145,000 to AED 150,000, delivering an estimated gross yield of approximately 7.4 percent.

Three-Bedroom Apartments (2,800 to 2,861 square feet): Among the most generous 3-bedroom layouts in Dubai Marina's mid-rise category. Each unit features a master bedroom with dressing area and en-suite, two additional en-suite bedrooms, a living and dining area, fitted kitchen, guest bathroom, dedicated laundry and storage rooms, and two balconies. Upper-floor units are listed as penthouses and command premium pricing. Sale prices range from AED 2,300,000 to AED 4,950,000 depending on floor level and renovation status. Mid-market 3-bedrooms (AED 2.5 to 3.2 million) achieve annual rents of AED 250,000 to AED 265,000, delivering estimated gross yields of 8.1 percent — one of the highest yield profiles in the building.

4-Bedroom Waterfront Villas (multi-floor, exact sqft unconfirmed): ARY Marina View incorporates a distinctive residential typology rarely found in Dubai Marina — multi-floor waterfront villa units occupying the lower podium levels of the building. These villas span three floors and feature a dedicated garage, patio, maid's room with bathroom and laundry (lower floor), kitchen, living and dining area, and one bedroom with en-suite (middle floor), and master bedroom with en-suite, additional bedrooms with en-suites, and guest toilet (upper floor). These units are registered with the DLD as villas — consistent with their multi-floor, garage-equipped, private-access configuration. Sale prices for these exclusive waterfront villa units range from AED 6,000,000 to AED 7,600,000.

Amenities & Facilities

ARY Marina View provides a comprehensive wellness and lifestyle amenity suite confirmed across multiple independent sources:

Aquatic & Wellness:

• Temperature-controlled swimming pool
• Jacuzzi and whirlpool
• Spa
• Sauna
• Steam room / steam bath

Sports & Recreation:

• Squash courts
• Children's play area
• Fully equipped gymnasium and fitness club

Infrastructure & Convenience:

• Three high-speed passenger elevators
• 24-hour security with professional front desk concierge
• CCTV surveillance throughout all common areas
• Reserved covered parking for all residents (plus private garage for villa units)
• Central air conditioning (DEWA-powered)
• Pre-wired high-speed internet and satellite/digital TV access
• Garbage chutes per floor
• Pet-friendly environment
• Residence visa facilitation for qualifying investors

Service Charges: Estimated AED 10.76 to AED 18 per square foot annually based on available data (Skyloov cites AED 10.76/sqft; Dubai Marina community averages range AED 14 to 28/sqft). At AED 10.76/sqft, annual service charges for a 1-bedroom would be approximately AED 11,860 to AED 12,160.

Location & Connectivity — 22 Al Hubob Street, Dubai Marina

ARY Marina View's address at 22 Al Hubob Street places it directly on the inner marina canal waterway — the most desirable positioning within Dubai Marina for frontage views and pedestrian access to the Marina Walk.

Transport:

• DMCC Metro Station (Red Line): Approximately 800 metres — a short 10-minute walk, making Dubai Marina's primary metro interchange highly accessible on foot. DMCC connects the Red Line through Dubai Mall to Dubai Airport.
• Dubai Marina Tram: Tram stop approximately 1.2 kilometres, connecting to Palm Jumeirah and the broader marina tramway.
• Sheikh Zayed Road (E11): 5 minutes by car.

Walkable Destinations:

• Marina Walk (7km promenade): Direct frontage access — the building's most defining lifestyle asset.
• The Walk at JBR: Approximately 5-minute walk, with 300-plus retail, dining, and leisure outlets.
• Dubai Marina Mall: Approximately 5-minute walk or short tram ride, with over 140 outlets, Roxy Cinema, and extensive F&B.

By Car:

• Dubai Internet City: 5 minutes
• Mall of the Emirates: 10 minutes
• Palm Jumeirah: 10 minutes
• Downtown Dubai: 20 to 25 minutes
• Dubai International Airport (DXB): approximately 35 minutes

Nearby Buildings: Marina Residence A, JAM Marina Residence, and The Jewels form the immediate residential neighbourhood.

Dubai Marina — Community Context

Dubai Marina is the world's largest purpose-built marina district, spanning 3.5 kilometres of man-made waterway with 40-plus residential towers, a 7-kilometre promenade, and direct access to JBR Beach, The Beach outdoor mall, Ain Dubai (the world's largest observation wheel on Bluewaters Island), and numerous dining and entertainment venues. The marina community hosts a permanent population of over 60,000 residents and is consistently one of Dubai's most liquid residential investment markets.

Investment Summary

ARY Marina View offers a compelling combination of above-average yields (7.9 to 8.1 percent gross for 1-bedroom and 3-bedroom units), a prime waterfront Dubai Marina address, and relatively modest entry pricing compared to newer towers in the community. The building's 2006 vintage means entry prices per square foot are significantly lower than modern towers while delivering the same premium location advantages — direct Marina Walk frontage, 800-metre DMCC Metro access, and walking distance to JBR, Dubai Marina Mall, and The Beach. The distinctive 4-bedroom waterfront villa configurations represent one of the few villa-type offerings within the Dubai Marina waterfront environment, appealing to buyers seeking private, multi-floor layouts with garage access that are unique within the community's predominantly apartment-focused building stock. ARY Group's continued investment in Dubai through the ARY & MAZ Developments AED 2.5 billion pipeline reflects the founding family's long-term confidence in Dubai's real estate market.