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Tanzanite, Palm Jumeirah

Tanzanite, Palm Jumeirah

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Strengths

Stunning Waterfront Views

Luxurious Amenities

Prime Location

Weakens

High Cost of Living

Traffic Congestion During Peak Hours

Limited Public Transportation

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Description

Tanzanite, Palm Jumeirah

Real Estate Overview

Building Overview

  • Tanzanite, located in the prestigious Palm Jumeirah, offers a unique blend of luxury living and breathtaking views.
  • Surrounded by a vibrant community, residents can enjoy nearby upscale dining, shopping, and leisure facilities.
  • The building stands out among nearby luxury developments such as Atlantis, The Palm, and the Waldorf Astoria.

Properties Overview

  • Tanzanite features a selection of opulent apartments available for both rent and purchase, catering to diverse lifestyles.
  • Popular unit configurations include spacious two- and three-bedroom apartments with modern amenities.
  • Rental prices typically range from AED 150,000 to AED 300,000 per year, while sales prices can start around AED 2.5 million.

Market Trends

  • According to recent data, rental prices in Palm Jumeirah have seen an upward trend of approximately 10-15% over the past year.
  • For buyers, the anticipated return on investment (ROI) remains attractive, driven by consistent demand in the luxury market.
  • Experts expect continued growth, particularly as new developments and enhancements in infrastructure are planned in the area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Convenient access to local amenities, including various supermarkets, reputable schools, and quality healthcare facilities, such as hospitals and clinics.

Transportation and Accessibility

  • Well-connected through public transportation options, including the Palm Monorail, and easy access to major highways.
  • Parking facilities are available for residents and guests, ensuring convenience for all.

Lifestyle Amenities

  • Residents enjoy exclusive access to fitness centers, luxurious swimming pools, beachfront activities, and several culinary options nearby.
  • The lifestyle scene is enhanced by proximity to world-renowned hotels and entertainment venues.

Builing Facilities

  • Tanzanite is equipped with high-speed elevators, robust security systems, central air conditioning, and professional maintenance services.

Special Services

  • Features exceptional concierge support, inviting guest services, and dedicated business centers for professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Offers an array of thoughtfully designed floor plans, including options that cater to families and professionals alike.

Things to Consider

  • A guide for renters and buyers emphasizing factors such as budget, unit size, and preferred amenities before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and social gatherings, fostering a sense of connection among residents.

Community Identity

  • Tanzanite is known for its distinctive architecture and vibrant community culture, creating a unique identity on Palm Jumeirah.

See more

Detailed Buiding Insights

1. Family Friendliness

Tanzanite is designed with families in mind, featuring spacious apartments, recreational areas, and proximity to seasonal family-friendly events.

Exceptionally Welcoming

2. Living Options

The community offers luxurious living spaces, ranging from modern apartments to sumptuous villas, catering to different lifestyles and preferences.

Exclusively Upscale

3. Safety And Security

With 24/7 security personnel, surveillance systems, and gated access, Tanzanite ensures a safe living environment for its residents.

Highly Secure

4. Transportation

Tanzanite is well-connected with major highways and public transportation options, providing easy access to the rest of Dubai.

Conveniently Accessible

5. Amenities And Facilities

Residents enjoy a plethora of amenities including a swimming pool, gym, spa, and landscaped gardens, promoting a high-quality lifestyle.

Richly Equipped

6. Cost Of Living

While the cost of living is on the higher side, it reflects the luxurious lifestyle, exclusivity, and amenities available within the community.

Premium Pricing

7. Things To Do

Tanzanite is surrounded by various attractions including fine dining, beaches, shopping outlets, and entertainment venues, catering to diverse interests.

Vibrantly Diverse

8. Noise Levels

Despite being a lively area, Tanzanite manages to maintain a tranquil environment thanks to soundproofing in buildings and controlled public activities.

Generally Peaceful

9. Pet Friendliness

While pets are allowed, there are some restrictions regarding types and breeds, so residents should check community regulations.

Moderately 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:

290.8K AED - 340.4K AED

Rent:

24K AED - 32.9K AED

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