Marina Promenade, Dubai Marina

HIGHLIGHTS

About Marina Promenade

Marina Promenade – a project of Emaar Properties group – consists of six buildings situated in Dubai Marina. With the start of their construction in 2005, the stature of these buildings varies from 250 ft. to 480 ft. The complex was completed in the year 2008. The shortest building out of the six has a total of 23 floors while the tallest is a 39-floor tower. The buildings consist primarily of residential units with 1, 2 and 3 bedrooms. Their individual names are Shemara, Attessa, Paloma, Beauport, Aurora and Delphine.

One unique feature about these buildings is that they are connected through a podium that is beautifully landscaped and connects with the Marina Walkway. Marina Promenade by Emaar is situated in the heart of Dubai Marina and it directly faces the creek. The creek offers upfront and close view of the various maritime activities taking place along the harbour. A major road linking with these buildings is the King Salman Bin Abdulaziz Al Saud Street.

IN A NUTSHELL

• Located in Dubai Marina
• Developed by Emaar Properties
• Construction began in 2005 and was completed in 2008
• A complex of six buildings
• 1, 2 and 3 bedroom apartments are available
• Heights of the towers range from 94 metres to 159 metres
• Aurora Tower is the shortest tower in the complex with 23 floors
• Paloma Tower is the tallest tower in the complex with 39 floors
• Availability of kids’ play area, BBQ area and library
• Close to King Salman Bin Abdulaziz Al Saud

BUILDING DETAILS

Facilities in Marina Promenade

Parking

Residents will be provided with dedicated, covered parking spots. Visitors can also find a spot to park their vehicle in any nearby parking lot. There are various paid-parking spots spread across the Dubai Marina Area that visitors can utilize. The closest paid-parking to Marina Promenade is the Green Parking – Bahar Car Park, which is a 7-minute walk from Marina Promenade.

Elevators

There are several high-speed elevators in Marina Promenade. 

Security, Central Air-Conditioning and Maintenance Services 

Along with 24-hour on-site maintenance, there is also round-the-clock security with CCTV surveillance and key-card access control. Emaar offers district cooling to all its projects.

Event Space

There is a high-end lobby in the complex and a BBQ area where residents can arrange friends and family get-to-gathers.

Gym and Fitness Facilities 

Residents can access a fitted gym, swimming pools and sauna. There are four swimming pools in the building in total, two of which are dedicated to children and two are for adults.

Lifestyle Amenities

There is a variety of indoor sports that residents can enjoy within the premises of the complex. There are squash courts, badminton courts, a billiards room and an indoor children’s play area as well. There is also an outdoor children’s play area, a BBQ area and a library.

Concierge and Guest Services 

The building also has 24 hours concierge services. These professionals are always on standby to offer assistance for guests and residents – whenever they may need it.

Pet-friendly

Marina Promenade does not allow pets.

Apartment Types in Marina Promenade

All the six towers; Shemara Tower, Attessa Tower, Paloma Tower, Beauport Tower, Aurora Tower and DelphineTower have 1, 2 and 3-bed residential units.

1-Bedroom Apartments in Marina Promenade 

The typical 1-bed apartment will have 2-baths with a range of 953 sq. ft. to 1,442 sq. ft. of floor space. The unit comes with integrated wardrobes and the living area comes with floor to ceiling windows which allow maximum sunlight into the unit.

2-Bedroom Apartments in Marina Promenade

Those looking into something more spacious can consider a 2-bed flat in Marina Promenade that will come with an area limit of 1,410 sq. ft. to 1,664 sq. ft. Some flats in this class will come with a view of the marina. Units may have three bathrooms, a walk-in shower and high-end sanitary ware. The living and dining area have floor to ceiling windows for maximum daylight output. The kitchen area is separate and has integrated kitchen appliances.

3-Bedroom Apartments in Marina Promenade

The largest residential unit in Marina Promenade comes with 3-beds. Residents could expect to enjoy a living space of 1,858 sq. ft. to 2,200 sq. ft. and 2 to 4 bathrooms. Additionally, some units will come with a dedicated maid’s room. Similar to other units, residents will enjoy floor to ceiling windows in the living area. There’s also a balcony with a sliding glass door, which makes for most breath-taking views of the harbour and the skyline of Dubai Marina. 

Most Popular Apartment Types in Marina Promenade

2-bed units in Marina Promenade are the most popular apartment type in the complex. 1-bedroom apartments follow and stand second in the list whereas 3 bedroom flats are ranked third.

Rental Trends in Marina Promenade

Rental trends in Marina Promenade:

• 1-bed units in Marina Promenade are priced between AED 85k to AED 118k
• 2-bed apartments have a pricing range of AED 128k to AED 165k
• 3-bed flats in Marina Promenade may cost a price ranging from AED 165k to AED 190k

Apartments for rent in Marina Promenade are ideal homes that can cater to a diverse market of home-seekers. Renters have a wide range of options as they can choose apartments in any of the six buildings that offer the same amenities and facilities. Other than that, there are plenty of other rental apartments in Dubai Marina that one can check out.

Sale Trends in Marina Promenade

Sale trends in Marina Promenade:

• Prices for 1-bed units in Marina Promenade start from AED 1.09M and goes up to AED 1.8M
• Pricing ranges for 2-bed apartments began at AED 1.7M and goes up to AED 2.8M
• Costs for a 3-bed unit in Marina Promenade may lie in a range of AED 2.4M to AED 4.9M

Investors looking for a good investment opportunity in Dubai Marina can look up apartments for sale in Marina Promenade. There are a variety of units with different pricing range so that investors can select a property according to their affordability and other preferences. They can also check other apartments for sale in Dubai Marina for comparison.

Rental Yield in Marina Promenade

1-bed units have the highest ROI with 6.6% returns. 2-bed flats have a slightly lower percentage of 6.2% and 3-bed apartments have a 5.5% return on investment.

Service Charges in Marina Promenade

These figures are based on the services charges for Marina Promenade* as per the Dubai Land Department.

There are many different types of service charges in Dubai. You can check out the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation nearMarinaPromenade

Bus Stops near Marina Promenade

The nearest bus stops that residents can access is Marsa Dubai, Jumeirah Beach Residence Station 2 bus stop at a distance of 3 minutes and Jumeirah Beach Residence Station 1 bus stop at a distance of 4 minutes.

Metro Stations nearMarinaPromenade

Residents can use DAMAC Metro Station for daily commute as it is just 9 minutes away. Other nearby metro stations include DMCC Metro Station and Ibn Battuta Metro Station at a distance of 10 minutes and 11 minutes, respectively.

Tram Stations nearMarinaPromenade

There are several tram stations that are reachable within a drive of 5 minutes to 10 minutes. Jumeirah Beach Residence tram station is just 4 minutes away and it is the nearest one for Marina Promenade. Dubai Marina tram station is reachable within 8 minutes of driving.

Restaurants nearMarinaPromenade

Popular restaurants in Dubai Marina near Marina Promenade: 

• Cheesecake Factory
• P.F. Changs
• Mom’s Food

Being one of the most dynamic neighbourhoods in Dubai, the Marina Promenade has plenty of highly-rated eateries at walking distance. For instance, the Cheesecake Factory (a popular American chain) is an 11-minute walk away. Right next to the Cheesecake Factory is the P.F. Changs that serves some of the most interesting Chinese dishes in Dubai Marina. Mom’s Food is also a renown casual dining option in the neighbourhood that offers a number of Lebanese dishes. It takes only 8 minutes of driving to reach this restaurant.

Fine-dining restaurants near Marina Promenade: 

• Amaseena – The Ritz-Carlton Dubai
• Atelier M
• Celebrities

There are numerous fine-dining options near the complex that one can check out. Amaseena – The Ritz-Carlton Dubai, for instance, is situated just 5 minutes drive away from the building and it is a top-tier fine-dining restaurant that serves a menu focused on Arab, Lebanese and Mediterranean cuisines. Atelier M in Pier 7 is also accessible within 8 minutes of driving. It offers French food in a large variety. Celebrities is also a popular fine-dining option located within a 13-minute of driving.

Supermarkets near Marina Promenade

Supermarkets in the area include: 

• Al Maya supermarket
• Daily Gourmet
• West-zone Fresh Supermarket

There are several supermarkets surrounding the community, the closest one is the Al Maya Supermarket, which is just 1-minute away on foot. Here, residents can quickly procure all the necessities needed for daily living. Other nearby supermarkets include Daily Gourmet which is an 11-minute drive east of the towers. Apart from that, there is the West-zone Fresh supermarket, fresh wall supermarket and Waitrose that specializes in selling items imported from Britain.

NEARBY BUILDINGS

Nearby buildings include:

• Marina Towers
• The Torch Apartments

Marina Towers and The Torch Apartments are two of the many residential buildings in the neighbourhood. Marina Towers is just a 3-minute drive away whereas The Torch Apartments is an 8-minutes drive away from the complex.

Major Landmarks

Nearby landmarks include: 

• Dubai Marina Walk
• Mall of the Emirates
• Bluewaters by Meraas

The Dubai Marina Walk is a 7-km long walkway that is dotted with retail outlets and restaurants. Located just at a distance of 12 minutes, this waterfront walkway also serves as a cycling and jogging track. One of the most celebrated attractions in the area is Bluewaters by Meraas, a one-stop destination with an array of dining and leisure options. It is located just 13 minutes away. Mall of the Emirates is also a renowned attraction for shopping and other activities and it only takes a 17-minute drive to reach it.

THINGS TO CONSIDER

Marina Promenade offers great value for money – whether one chooses to buy or rent. The only thing to be concerned about is the pet-policy, this is because residents are not allowed to have pets anywhere in Marina Promenade. Apart from this, there is no dedicated parking for visitors, but this hurdle can be tackled by parking in one of the many paid-parking lots surrounding Dubai Marina.

Are you looking to buy or rent apartments in Marina Promenade?