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Marina Promenade, Dubai Marina

Marina Promenade, Dubai Marina

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Dubai Marina, Dubai

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Strengths

Scenic Waterfront Views

Proximity to Amenities

High-Quality Finishes

Weakens

Traffic Congestion

High Rental Costs

Noise Levels

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Buildign Overview

Summary

  • Marina Promenade is a stunning residential development located in the heart of Dubai Marina, offering unparalleled views of the waterfront.
  • The building combines elegance with comfort, situated close to popular hotspots such as Jumeirah Beach and various shopping destinations.
  • Convenient access to public transport, including the Dubai Metro and water taxis, enhances connectivity with the rest of the city.

Properties Overview

  • Marina Promenade features a diverse range of apartments, from spacious one-bedroom to luxurious four-bedroom units.
  • Rental prices generally range from AED 80,000 to AED 250,000 annually, depending on the size and finishing of the apartment.
  • Units are frequently available for sale, with market prices starting at around AED 1.5 million.

Market Trends

  • Over the past year, rental prices in Marina Promenade have shown a steady increase of approximately 5%, signaling a healthy demand.
  • Sales prices have also risen, driven by investors seeking high returns, with an ROI of around 6-7%.
  • The upcoming developments in the vicinity hint at promising growth prospects in the real estate market.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • The area boasts a multitude of essential amenities, including supermarkets, highly-rated schools, and advanced healthcare facilities.
  • Nearby hospitals and clinics ensure residents have access to quality healthcare services.

Transportation and Accessibility

  • Dubai Marina offers efficient public transport options, including trams and buses, along with easily accessible parking facilities for residents and visitors.
  • The strategic location allows quick access to key areas such as Sheikh Zayed Road and Ibn Battuta Mall.

Lifestyle Amenities

  • Marina Promenade features a range of lifestyle amenities including a state-of-the-art gym, swimming pools, and landscaped gardens.
  • Residents can also enjoy an assortment of restaurants, cafes, and leisure options along the Marina Walk.

Builing Facilities

  • The building is equipped with modern amenities including high-speed elevators, 24/7 security, central air conditioning, and on-site maintenance services.
  • Residents benefit from a reliable concierge service for added convenience.

Special Services

  • Exclusive amenities such as business centers and guest service facilities are available, catering to both residents and visitors alike.
  • The building prides itself on its luxury lifestyle offerings aimed at enhancing resident experience.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Promenade offers thoughtfully designed floor plans catering to various lifestyles, with options for both long-term rentals and property purchases.
  • Potential renters and buyers can find layouts that maximize space and functionality.

Things to Consider

  • Consider the building’s proximity to workplace, public transport options, and preferred lifestyle amenities when making your decision.
  • Evaluate the market trends and potential rental or resale values before investing.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents frequently participate in community events, fostering a sense of belonging among the occupants.
  • Social gatherings and seasonal festivals enhance community engagement within the building.

Community Identity

  • Marina Promenade stands out for its stunning architectural design and vibrant community atmosphere.
  • The blend of modern amenities and stunning waterfront views creates a distinctive and appealing living environment.

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Detailed Buiding Insights

1. Family Friendliness

Marina Promenade offers family-friendly amenities such as playgrounds, swimming pools, and spacious parks, making it a great place for children and parents alike.

Very Welcoming

2. Living Options

The community features a variety of living options, including luxury apartments and waterfront views, catering to different budgets and preferences.

Broadly Diverse

3. Safety And Security

Marina Promenade has 24/7 security services, controlled access points, and CCTV surveillance, ensuring high levels of safety for residents.

Remarkably Secure

4. Transportation

The area is well-connected by public transportation options, including the Dubai Metro, and easy access to major roads for convenient travel.

Highly Convenient

5. Amenities And Facilities

Residents enjoy access to numerous amenities such as gyms, swimming pools, and convenience stores, enhancing the quality of life.

Richly Equipped

6. Cost Of Living

While living costs can be on the higher side due to its premium locality, the variety of living options helps maintain a balance for different income levels.

Relatively Balanced

7. Things To Do

With nearby dining, shopping, and entertainment options, there is always something to do within walking distance of Marina Promenade.

Vibrantly Diverse

8. Noise Levels

Despite its vibrant atmosphere, the residential areas are designed to minimize noise, providing a relatively peaceful living environment.

Generally Peaceful

9. Pet Friendliness

Many property managers within the community are pet-friendly, with several parks and open spaces for residents to enjoy with their pets.

Warmly Accommodating

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Key Information

Developer: Emaar Properties

Building Type: Residential

Building Age: 16 years(developed in 2008)

Unit Types : 1, 2 and 3 bedroom apartments

Floors: 23 to 39 floors

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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