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Marina Residences, Palm Jumeirah

Marina Residences, Palm Jumeirah

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Strengths

Luxurious living spaces

Stunning waterfront views

Excellent amenities

Weakens

High maintenance fees

Limited public transport options

Potential noise issues

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Description

Marina Residences, Palm Jumeirah

Real Estate Overview

Building Overview

  • Located in the prestigious Palm Jumeirah, Marina Residences offers breathtaking waterfront views and direct beach access.
  • The building is strategically positioned near key landmarks such as The Atlantis and a range of high-end dining and shopping options.
  • Residents benefit from a serene environment paired with the vibrancy of Dubai's lifestyle amenities.

Properties Overview

  • Marina Residences features a variety of residential options, including luxury apartments ranging from 1 to 4 bedrooms.
  • Popular units typically include spacious layouts with modern finishes and expansive balconies.
  • Current rental prices typically range from AED 130,000 to AED 300,000 annually, while sales prices can vary from AED 1.5 million to AED 5 million depending on the unit size and view.

Market Trends

  • Recent trends indicate a steady increase in property value, supported by high demand for luxury living in the Palm Jumeirah area.
  • The rental market reports an average ROI of approximately 6% annually, making it an attractive investment destination.
  • In the past year, property sales jumped by 10% as buyers look to secure luxury residences in this sought-after locale.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Proximity to essential services, including grocery stores, diverse eateries, and high-ranking schools.
  • Nearby healthcare facilities include well-known hospitals and clinics, providing residents with comprehensive medical care options.

Transportation and Accessibility

  • Excellent connectivity through major road networks, with parking available for residents and guests.
  • Public transportation options nearby include taxis and local bus services, enhancing accessibility to various city attractions.

Lifestyle Amenities

  • Residents enjoy exclusive access to a range of on-site amenities such as gyms, swimming pools, spas, and landscaped gardens.
  • The property is also near luxurious hotels, fine dining restaurants, and recreational areas suitable for family outings.

Builing Facilities

  • Facilities include modern elevators, 24/7 security, central air conditioning, and regular maintenance services to ensure a hassle-free living environment.
  • High-speed internet and cable connections are readily available in all units.

Special Services

  • Unique services include concierge support, on-site management, and guest services that cater to residents' needs.
  • Business centers within the building offer a productive environment for professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • Marina Residences presents a diverse array of floor plans, catering to various lifestyles and preferences, from cozy one-bedroom apartments to spacious four-bedroom penthouses.

Things to Consider

  • Before renting or purchasing, consider factors such as proximity to workplaces, accessibility to schools, and the overall community vibe.
  • Evaluate the building’s amenities and the long-term value of living in the Palm Jumeirah community.

Useful FAQs and Support

Events and Building Life

Building Events

  • Marina Residences hosts regular community events and social gatherings, fostering a vibrant living atmosphere and neighborly interactions.

Community Identity

  • The unique architectural style and upscale amenities distinguish Marina Residences from other residential options in the area, creating a stylish and desirable identity within Palm Jumeirah.

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Detailed Buiding Insights

1. Family Friendliness

Marina Residences is designed with families in mind, offering spacious living areas, children's play zones, and nearby schools. The community is known for its safe and friendly atmosphere, making it ideal for families.

Exceptionally Welcoming

2. Living Options

The development features a variety of residential units, including apartments with stunning views of the marina and sea. There are options suitable for different budgets and family sizes.

Broadly Diverse

3. Safety And Security

Marina Residences offers 24/7 security, CCTV surveillance, and gated access, providing residents with peace of mind and a secure living environment.

Remarkably Secure

4. Transportation

While there are limited public transport options directly within the marina, residents can utilize nearby taxi services and a short drive to the metro stations, making commuting feasible.

Moderately Convenient

5. Amenities And Facilities

The community boasts excellent amenities including swimming pools, gyms, retail outlets, and restaurants, enhancing the overall living experience for residents.

Richly Equipped

6. Cost Of Living

The cost of living in Marina Residences is competitive for the quality of life it offers, with housing prices reflecting its luxury status but balanced by access to amenities and lifestyle.

Relatively Balanced

7. Things To Do

Residents enjoy a wide range of activities, including beach access, water sports, fine dining, shopping, and entertainment, all situated within close proximity.

Vibrantly Diverse

8. Noise Levels

Despite being near lively areas, Marina Residences experiences relatively low noise levels due to its well-planned layout and soundproofing measures in place.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, providing designated areas for pets and nearby parks, allowing residents to comfortably live with their furry companions.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

212.4K AED - 345.3K AED

Rent:

23.8K AED - 33.9K AED

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