Some hotels quote Dh1,000 to Dh8,000 for standard hotel room that would usually start at around Dh345 per night
The project is replacing the previous Dubai Marina Yacht Club, which closed down in January so construction could begin.
The residences share a range of amenities with the Vida Hotel, a contemporary hotel brand that serves business executives and leisure travellers.
Ahmad Al Matrooshi, managing director of Emaar Properties, said: "Vida Residences Dubai Marina offers a distinctive lifestyle choice for residents who prefer waterfront living in a central location. With its focus on the nautical heritage of Dubai Marina, the homes are ideally suited as first homes for long-stays or as a holiday home, thus appealing to both UAE-based and international investors."
Located in levels 14 to 56, Vida Residences Dubai Marina has only 360 one to four-bedroom apartments. All apartments have balconies with marina views.
Residents are in close proximity to Dubai Marina Mall, within walking distance to the Dubai Metro and the Dubai Tram and in direct access of Sheikh Zayed Road. In addition to beachfront attractions, residents are only a few steps away from Pier 7 Dubai Marina.
Sales opened on Wednesday.
- business@khaleejtimes.com
Some hotels quote Dh1,000 to Dh8,000 for standard hotel room that would usually start at around Dh345 per night
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