Paloma in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Paloma

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	141	25,609	3,608,333
3	195	25,652	4,999,999

The price of an apartment in Paloma is 25,622 AED/sqm on average.

Price for completed 2 bedroom apartment in Paloma is 3,608,333 AED or 25,609 AED/sqm.
Price for completed 3 bedroom apartment in Paloma is 4,999,999 AED or 25,652 AED/sqm.

About Paloma

'Paloma' in 'Dubai Marina' area project description

Paloma is one of the six towers comprising the exclusive Marina Promenade community in the vibrant Dubai Marina area. This residential development is crafted by Emaar Properties, a name synonymous with innovative design and quality. Paloma brings a sophisticated blend of luxury and comfort, standing tall at 39 stories and offering spectacular views of the marina and the Arabian Gulf.

The tower's architectural finesse is highlighted by its clean lines and modern aesthetics, making it a standout structure in one of Dubai's most sought-after localities. The exterior is designed with sleek glass facades that not only offer panoramic views but also flood the living spaces with natural light. With its strategic positioning along the waterfront, residents are treated to serene maritime vistas that provide a daily escape from the bustling city life.

Residences in Paloma range from spacious one-bedroom apartments to lavish three-bedroom units, each thoughtfully designed to maximize space and comfort. Inside, the interiors exude elegance, featuring high-quality finishes, contemporary fixtures, and state-of-the-art appliances. The layouts are open and airy, providing a sense of freedom and tranquility. Bedrooms are generously proportioned, with large windows that frame breathtaking views, while modern kitchens are fitted with top-tier appliances and sleek cabinetry.

The amenities available to Paloma residents are nothing short of world-class. The development boasts a fully equipped fitness center, complete with the latest exercise machines and free weights. For leisure, residents can access the swimming pool, a perfect spot to unwind and soak up the sun. Additionally, there are squash courts, badminton areas, and a gaming room, presenting a range of activities for all ages. The project also includes dedicated children's play areas and landscaped gardens, ensuring a family-friendly environment.

One of the unique selling points of Paloma is its prime location within Dubai Marina. Residents find themselves within walking distance to a myriad of dining, shopping, and entertainment options. The Marina Walk, a bustling promenade, offers a plethora of restaurants, cafés, and boutiques, all while providing stunning waterfront views. The Dubai Marina Mall is also nearby, offering an extensive range of retail and dining options.

Accessibility to other parts of Dubai is straightforward, thanks to the well-connected transport systems. The Dubai Metro’s Marina Station and Tram service ensure smooth commuting. Drivers also enjoy easy access to Sheikh Zayed Road, which connects to major business districts such as Downtown Dubai and Dubai International Financial Centre (DIFC).

In summary, Paloma at Marina Promenade exemplifies luxury waterfront living, marked by its exquisite residences, top-notch amenities, and unbeatable location. It is an ideal choice for discerning individuals seeking an upscale, convenient lifestyle in one of Dubai's premier neighborhoods.

Q&A on Paloma

What are the advantages of 'Paloma' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Paloma' Project in Dubai Marina:

1. Prime Location: Situated in the heart of Dubai Marina, offering easy access to major attractions, shopping centers, and restaurants.
2. Scenic Views: Many units provide stunning views of the marina and the Arabian Gulf, enhancing the living experience.
3. Modern Amenities: State-of-the-art facilities like swimming pools, gyms, landscaped gardens, and 24/7 security offer a luxurious lifestyle.
4. High ROI Potential: The area's popularity and premium location contribute to strong rental yields and property value appreciation.
5. Convenient Transportation: Proximity to metro stations and major roads ensures seamless connectivity to other parts of Dubai.
6. Community Feel: A well-established community with a mix of residents, including expatriates and locals, fostering a multicultural environment.
7. Architectural Elegance: High-quality constructions with modern designs and superior finishing.
8. Retail and Dining Options: Close to The Walk at JBR, Marina Mall, and numerous dining options, offering a variety of choices for residents.
9. Safety and Security: High standards of security within the building and in the surrounding area.

Disadvantages of 'Paloma' Project in Dubai Marina:

1. High Density: Dubai Marina is a busy area, which can lead to traffic congestion and crowded public spaces.
2. Premium Pricing: Properties in Paloma can be expensive compared to other areas in Dubai, possibly limiting accessibility for some buyers.
3. Noise Levels: Being in a vibrant part of the city, noise from surrounding nightlife or traffic could be a concern.
4. Maintenance Costs: High-end amenities and services can lead to higher maintenance fees.
5. Parking Space: Limited parking spaces can be a problem for residents with multiple vehicles or frequent guests.
6. Potential View Obstruction: Future construction projects in the vicinity might obstruct views from some units.
7. Humidity and Heat: Proximity to the water could exacerbate humidity levels, especially during the summer months.
8. Limited Green Spaces: Although there are landscaped gardens, the overall green space is limited compared to suburban areas.

What projects are better than 'Paloma' project in Dubai which are located close by, and why?

- Le Reve: Known for its ultra-luxury apartments, Le Reve offers expansive layouts, high-end finishes, and unparalleled views of the marina and sea. The building has excellent amenities, including a 24-hour concierge, valet services, and a roof terrace with a pool. It's a popular choice among high-net-worth individuals.

- Marina Gate: This development by Select Group stands out with its contemporary design and premium facilities. The three-tower complex offers one of the best apartment finishes in Dubai Marina, along with extensive amenities such as infinity pools, a state-of-the-art gym, and direct access to Marina Walk.

- Cayan Tower: Also known as the Infinity Tower, it’s famous for its unique architectural design with a 90-degree twist. The apartments come with high-quality finishes and stunning views of the marina and the sea. The building offers a range of amenities, including a spa, an infinity pool, and a high-end fitness center.

- Marina Promenade: Developed by Emaar, this cluster of six towers provides residents with top-notch amenities, including multiple pools, gym facilities, squash courts, and direct access to the marina walk. The development is known for its community vibe and well-maintained surroundings.

- Silverene Towers: Located right at the heart of Dubai Marina, Silverene Towers provide great views and are in close proximity to Marina Mall and other key attractions. The development offers modern amenities, including swimming pools, a gym, and retail outlets.

- Al Sahab Towers: Developed by Emaar, this twin-tower complex is well-regarded for its quality of construction and location. The towers offer a range of apartment sizes and layouts, along with top-notch amenities such as a gym, pool, and squash courts.

These projects generally offer better amenities, superior finishes, and often, more impressive views compared to the 'Paloma' project.

What are the closest schools to 'Paloma' project in Dubai?

The closest schools to the 'Paloma' project in Dubai Marina area are:

1. The International School of Choueifat DIP:
- Location: Dubai Investment Park, Dubai
- Distance: Approximately 15-20 minutes by car.

2. GEMS Wellington International School:
- Location: Al Sufouh, Dubai
- Distance: Approximately 20 minutes by car.

3. Regent International School:
- Location: The Greens, Dubai
- Distance: Approximately 15 minutes by car.

4. Dubai British School:
- Location: Emirates Hills, Dubai
- Distance: Approximately 15-20 minutes by car.

5. Emirates International School Meadows:
- Location: The Meadows, Dubai
- Distance: Approximately 10-15 minutes by car.

What are the closest medical clinics to 'Paloma' project in Dubai?

- Dubai Marina Medical Centre: Located at Marina Walk, Al Esari Street, Dubai Marina.
- Mediclinic Marina: Situated at Marina Walk, Dubai Marina.
- Emirates Hospital Clinic: Positioned in Jumeirah Beach Residence (JBR), The Walk.
- Le Royal Meridien Medical Centre: Found within Le Royal Meridien Beach Resort & Spa at Al Mamsha Street, Dubai Marina.
- iCare Clinics: Based in The Greens, which is a short drive from Dubai Marina.