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.
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.
There are multiple high-speed elevators in Paloma Tower, Dubai for accessing all floors with ease.
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.
There is a spacious BBQ area in the building, where residents can gather and hold BBQ parties and small gatherings.
Residents have access to a state-of-the-art gym in Paloma Tower which is part of a health club, which also includes steam rooms, saunas and Jacuzzis.
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.
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.
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.
Some of the safety features in the residence include:
Apartments in Paloma Tower, Dubai are built on different configurations, which can be viewed in the following floor plans:
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.
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 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 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 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.
According to Bayut, 2-bedroom flats in Paloma enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 3-bedroom flats take up the third position on the list. Studio apartments rank in the fourth position.
To pay the rent for these units, realtors often ask for four to six post-dated cheques.
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.
Studio apartments offer the highest ROI in Paloma of 7.59%. 1-bed apartments generate about 6.76% return on investment. 3-bedroom flats offer an ROI of about 6.70%. Whereas, the ROI of 2-bedroom flats averages at 5.84%.
|General Fund||Price Per Sq. Ft. in AED|
General upkeep of the building
General repairs and replacements
Charge for the improvement or replacement of services or facilities provided
Charges for using DEWA/district cooling facilities and meters
Owner’s association charges for managing the property
Charge for the insurance of the building
Fees for communal facilities in the neighbourhood
Funds used for major repairs and to help maintain the yearly service charges fees
|Additional Charges||Price Per Sq. Ft. in AED|
|Unit A/C (Charges)||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.
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.
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.
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.
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.
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 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:
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 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:
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.
For groceries and everyday essentials, supermarkets near Paloma Tower include:
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.
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.
Landmarks near Paloma Tower include:
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.
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.
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.
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