Paloma Tower, Dubai Marina

Paloma Tower, Dubai Marina

HIGHLIGHTS

About Paloma Tower, Dubai Marina

Paloma Tower is a 39-storey residential building in the prestigious Dubai Marina. It is one of the six buildings that make up the Marina Promenade project, which is developed by Emaar and launched in 2008. Each building consists of 1, 2 and 3-bedroom apartments, as well as a few penthouses on the top levels. The skyscraper is abundant in terms of high-quality amenities, such as swimming pools, a health club, squash and badminton courts, a library as well as indoor and outdoor play areas.

Marina Promenade is one of the subcommunities in Dubai Marina and it includes luxury apartment buildings, as well as exclusive villas. The other buildings in the complex are Beauport Tower, Shemara Tower, Attessa Tower, Delphine and Aurora Tower. The design is attributed to Arif & Bintoak as well as Zeidler Partnership Architects. It is situated along King Salman Bin Abdul Aziz Al Saud Street (D94), opposite to the Dubai Marina Yacht Club

Dubai Marina is one of the most popular communities in Dubai and is a valuable address for any person to have. It provides a surreal waterfront living experience, which contributes to its popularity as one of the most popular areas to buy apartments in the UAE, as seen in Bayut’s Dubai Real Estate Market Report for Dubai 2019. The community boasts a majestic waterfront development, as well as commercial and residential skyscrapers and a myriad of world-class dining and retail options. 

Dubai Marina
Dubai Marina is a waterfront community

IN A NUTSHELL

  • One of six buildings in Marina Promenade
  • 39 floors above ground
  • Developed by Emaar Properties
  • Designed by Arif & Bintoak and Zeidler Partnership Architects
  • Features 1, 2 and 3-bedroom apartments 
  • Swimming pools, health club, courts
  • Play areas, billiards room, library
  • Opposite to Dubai Marina Yacht Club

BUILDING DETAILS

Facilities in Paloma Tower

Parking

Parking in Paloma Tower, Marina is facilitated by the underground parking area, where each apartment has a reserved parking space. The larger apartments and penthouses receive two free parking spaces.

Elevators

There are multiple high-speed elevators in Paloma Tower, Dubai for accessing all floors with ease.

Security, Central Air-Conditioning and Maintenance Services 

Residents are kept safe by a 24-hour security detail, as well as CCTV cameras installed throughout the building. The central air-conditioning services are provided by Emaar, whereas the power and water is supplied by DEWA. The building supplies waste disposal and maintenance services as well. 

Event Space

There is a spacious BBQ area in the building, where residents can gather and hold BBQ parties and small gatherings.

Gym and Fitness Facilities

Residents have access to a state-of-the-art gym in PalomaTower which is part of a health club, which also includes steam rooms, saunas and Jacuzzis

Lifestyle Amenities

The skyscraper has many high-quality amenities for its residents, such as temperature-controlled swimming pools. There are excellent facilities for children as well, such as indoor and outdoor play areas, a day care center and separate swimming pools. One can find a branch of Marina Pharmacy on the ground floor as well.

Marina Promenade also has some community facilities which can be availed by the residents, such as badminton and squash courts, a billiards room and libraries. Residents can also make use of the running track which spans across the Marina overbridges and take in the wonderful sights of the Marina.

Marina Pharmacy
Marina Pharmacy on the ground floor

Concierge and Guest Services 

Paloma Tower, Marina provides 24-hour guest and concierge services. Guests and visitors can wait in the lobby until they are received by their host. Residents can reach the front desk through the intercom facility.

Pet-Friendly

Paloma Tower, Dubai Marina is not a pet-friendly building. Residents will have to confirm if they can keep pets from the landlord or building management. 

Safety Features 

Some of the safety features in the residence include:

  • State-of-the-art CCTV cameras in the corridors and open spaces
  • Key-card security access for the apartments

Paloma Tower Floor Plans 

Apartments in Paloma Tower, Dubai are built on different configurations, which can be viewed in the following floor plans:

  • 1-bedroom apartments have two different floor plans
  • 2-bedroom apartments have two different floor plans
  • 3-bedroom apartments have one floor plan

Bayut has designed 2D and 3D floor plans for the various buildings in Dubai. Similarly, Paloma Tower floor plans are also available on Bayut and they can help people pick out an apartment of their choice with better understanding.

Apartment Types in Paloma

Paloma Tower, Marina Promenade offers 1, 2 and 3-bedroom luxury apartments, which are built on modern architecture and feature advanced facilities and fittings such as natural stone countertops, central exhaust, kitchens with fitted appliances and pre-cooled fresh air systems. Each of them offers views of the complex or community.

The bedrooms have built-in wardrobes while the kitchens feature built-in cabinets that provide ample storage space. The master bedrooms in most units include double vanities. 

1-Bedroom Apartments in Paloma Tower 

1-bedroom apartments cover an area starting from 891 sq. ft., up to 1,037 sq. ft. They feature a large bedroom with an ensuite bathroom and a guest bathroom alongside the room. 

On the other end, there is a spacious living and dining area, with an open kitchen adjoined to it. Some units have the balcony extending from the living area, whereas some units have the balcony joined to the bedroom.

2-Bedroom Apartments in Paloma Tower

2-bedroom apartments range from 1,433 sq. ft. to 1,664 sq. ft. They consist of two bedrooms, each having an attached bathroom. There is a powder room for guests, as well as a laundry room in each unit. These flats also have an open kitchen with the living and dining area and a small balcony.

3-Bedroom Apartments in Paloma Tower

3-bedroom apartments span an area from 2,095 sq. ft. to 2,200 sq. ft. They feature three bedrooms and four bathrooms, one of which is a guest bathroom in the living and dining area. The living and dining area comes with a semi-open kitchen and a laundry area, which is opposite the guest bathroom. These units also include a utility room with an attached bathroom that can double as a maid’s room as well. 

Most Popular Apartment Types in Paloma Tower

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

Search results on Bayut show that 1-bedroom apartments in Paloma Tower, Marina Promenade are the most popular apartment types in the building. In second place are 3-bedroom apartments, while 2-bedroom apartments secure the last place in the search results.

Rental Trends in Paloma Tower

Apartments for rent in Paloma Tower provide a comfortable and luxury lifestyle to the residents, as is the case with all Dubai Marina apartments for rent

  • 1-bedroom apartments are available for AED 75k to AED 108k per year.
  • 2-bedroom apartments for rent in Paloma Tower cost around AED 110k to AED 150k annually.
  • 3-bedroom apartments for rent are priced from AED 159k to AED 185k yearly.

To pay the rent for these units, realtors often ask for four to six post-dated cheques.

Sale Trends in Paloma Tower

Getting an apartment for sale in Dubai Marina is one of the wisest and valuable decisions a person can make in Dubai, owing to its high return-on-investment. 

Apartments for sale in Paloma Tower share more or less the same pricing scale as other apartments in the community.

Rental Yield in Paloma Tower

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

Apart from providing a luxury lifestyle, apartments in Paloma Tower also provide a good return on investment (ROI). For 1-bedroom apartments, owners can expect a return of 6.5%, whereas 3-bedroom and 2-bedroom apartments provide an ROI of 5.7% and 5.2% respectively.

Service Charges in Paloma Tower

General Fund
Price Per Sq. Ft. in AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. in AED
3.57
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. in AED
2.85
General Fund
Improvement
Charge for the improvement or replacement of services or facilities provided
Price Per Sq. Ft. in AED
0.12
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. in AED
4.18
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. in AED
1.40
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. in AED
0.54
General Fund
Master Community
Fees for communal facilities in the neighbourhood
Price Per Sq. Ft. in AED
0.85
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. in AED
0.69
General Fund
Total
Price Per Sq. Ft. in AED
14.20
Additional Charges
Price Per Sq. Ft. in AED
Additional Charges
Unit A/C (Charges)
Price Per Sq. Ft. in AED
5.61

The listed figures for Paloma Tower* have been taken from the Dubai Land Department website.

For those interested in buying or renting a property in Dubai, it is best to be aware of the service charges index before making a decision. A guide is available on Bayut covering the topic.

*These service charges are subject to changes.

NEARBY AMENITIES

Transportation near Paloma Tower

Paloma Tower, Dubai is a few minutes’ drive away from Sheikh Zayed Road (E11), making it convenient for residents to travel to other places in Dubai. There are various options for transportation near Paloma Tower as well, including Dubai Tram, Dubai Metro, buses and even water taxis. 

Bus Stations near Paloma Tower

Residents can board the bus from the various bus stops near the building. The nearest ones are the Jumeirah Beach Residence Station Bus Stops, both of which are accessible by walk. 

Jumeira, Royal Meridian Bus Stops are located within a 9-minute drive.

Metro Stations near Paloma Tower

People can also find various metro stations near Paloma Tower within a short drive, such as DAMAC Properties Metro Station, Jebel Ali Metro Station 2 and DMCC Metro Station, which can be reached in 10 minutes. Nakheel Metro Station is a 12-minute drive away.

DAMAC Properties Metro Station
DAMAC Properties Metro Station is reachable within 10 minutes

Tram Stations near Paloma Tower

Since the Dubai Tram line runs near the building, residents can also board the tram to travel to nearby places. The Jumeirah Beach Residence Tram Stops are located within walking distance, whereas Marina Towers Tram Stop, Jumeirah Lake Towers Tram Stop, Dubai Marina Tram Stop are reachable within an 11-minute drive. 

JBR Tram Stops
You can access the Dubai Tram within a short walk

Restaurants near Paloma Tower

There are various world-class restaurants near Paloma Tower, which serve cuisines from different regions around the world. Those interested can dine in numerous restaurants in Dubai Marina Mall as well, which is only 6 minutes away by car.

Some of the casual dining restaurants near Paloma Tower include:

  • Iran Zamin Restaurant & Cafe – Iris Blue Building
  • Mama Zonia – Pier 7
  • Zaroob – The Radisson Blu Residence
  • Calcutta Imperial Dragon Restaurant – Marina Pearl Building

Iran Zamin Restaurant & Cafe is an Iranian restaurant while Mama Zonia features Latin American, Caribbean and Asian cuisines. Zaroob is a Lebanese restaurant whereas Calcutta Imperial Dragon Restaurant serves Chinese items. You can reach all of them within a 9-minute drive.

Cafes near Paloma Tower, Dubai include:

  • Kambaa – Address Dubai Marina
  • Soul Sante Cafe – Jannah Place
  • Breaking Bread – Pinnacle Tower
  • Icons Coffee Couture – Cayan Towers
  • The Acai Spot – Marina Gate Residence 1

The community consists of a number of cafes where one can enjoy breakfast, tea, coffee or evening snacks. Kambaa and Soul Sante Cafe are 6 minutes away while Breaking Bread, Icons Coffee Couture and The Acai Spot are reachable within a 10-minute drive.

Fine dining restaurants near Paloma Tower include:

  • Observatory Bar & Grill – Dubai Marriott Harbour Hotel & Suites
  • Atelier M – Pier 7
  • Indego by Vineet – Grosvenor House

Observatory Bar & Grill is a world-class American restaurant, located at Dubai Marriott Harbour Hotel & Suites, which is 6 minutes away. It is famous for its delicious steaks and makes up some of the best upscale restaurants in Dubai Marina.

Another popular fine dining restaurant is Atelier M at Pier 7, which features Mediterranean and French cuisines and is located 7 minutes away. It is also one of the best French restaurants in Dubai.

Indego by Vineet is an authentic Indian restaurant, owned and managed by celebrity chef Vineet Bhatia. It is located at Grosvenor House, 8 minutes away from Paloma Tower and is one of the best Indian restaurants in Dubai Marina

For relaxing and drinks after work, residents can head over to these bars near Paloma Tower:

  • Cargo – Pier 7
  • Asia Asia – PIer 7
  • Siddharta Lounge – Grosvenor House

These nightlife destinations are some of the best bars in Dubai Marina and are reachable within an 8-10 minutes’ drive. Not only do they include drinks from all around the world, as well as various snacks and fun activities. 

Pier 7 in Dubai Marina
Pier 7 is home to some of the best bars and restaurants

Supermarkets near Paloma Tower

For groceries and everyday essentials, supermarkets near Paloma Tower include:

  • Carrefour – Rimal Avenue
  • W Mart Supermarket – Jam Marina Residence
  • ZOOM Market – Rove Hotel
  • Al Maya Supermarket – Escan Marina

Carrefour Supermarket is within walking distance and one of the best supermarkets in Dubai. W Mart Supermarket is 3 minutes away and includes imported goods and groceries. ZOOM Market is 4 minutes away, whereas Al Maya Supermarket is at a drive of 6 minutes. 

NEARBY BUILDINGS

  • Beauport Tower – residential building
  • Shemara Tower – residential building
  • Attessa – residential building
  • Delphine – residential building
  • Aurora Tower – residential building
  • Marina Wharf 1 – residential building

Other residential buildings in the Marina Promenade complex include Beauport Tower, Shemara Tower, Attessa Tower, Delphine and Aurora Tower. Marina Wharf 1 is a high-rise residential building within walking distance.

Major Landmarks

Landmarks near Paloma Tower include:

  • The Flying Cup
  • Guru Nanak Darbar
  • Jumble

The Flying Cup is located at The Beach, JBR which is at a drive of 5 minutes and provides a one-of-a-kind multi-sensory experience to the people of Dubai. It lifts people to a height of 40 metres, allowing them to feel the breeze and take in the sights of the Dubai skyline, such as Palm Jumeirah, Burj Al Arab and Burj Khalifa. People also get a beverage of their choice.

The Flying Cup at JBR Beach
The Flying Cup at JBR Beach is only 5 minutes away

Guru Nanak Darbar is 11 minutes away from the residence and is the largest Gurudwara in the Gulf region. You can experience the Sikh culture here, marvel at its architecture and participate in its annual and monthly events too.

Jumble, located 16 minutes away, is an indoor playground and adventure destination, featuring various puzzles and escape rooms. It allows people to experience thrill and adventure while trying to get out of various challenging situations. 

THINGS TO CONSIDER

While living in Paloma Tower, Dubai means luxurious living in New Dubai, prospective residents will need to consider that the community does not consist of schools and consists of apartments that are rather pricey. 

Nevertheless, one can find schools and academic institutions by taking a short drive to Knowledge Park. Those interested in affordable housing can opt for apartments in the neighbouring Jumeirah Lake Towers

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

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