Tanzanite, Palm Jumeirah
About Tanzanite, Palm Jumeirah
Palm Jumeirah is the world’s largest man-made island shaped like a palm tree. Consisting of a Trunk, a Crescent and 16 fronds, the affluent neighbourhood is known for its world-class real estate developments, gourmet restaurants and high-end entertainment options.
One popular residential building on the island is the 16-storeyTanzanite, which is a part of the Tiara Residences complex. Tiara is a collection of seven buildings: Diamond, Aquamarine, Ruby, Emerald, Sapphire, Amber and Tanzanite named after precious gemstones.
Tanzanite was developed by Zabeel Properties. It was launched in 2006 and completed in 2009. One can find 1, 2 and 3-bedroomapartments as well as 4-bedroom penthouses in Tanzanite, Palm Jumeirah. Building facilities include basement parking, 24-hour CCTV security system, a kid’s play area, a swimming pool and a fully equipped gymnasium.
The tower is located on the trunk of Palm Jumeirah, close to the Nakheel Mall Monorail Station. It also enjoys proximity to several restaurants and tourist attractions such as The Tap House Restaurant and Aquaventure Waterpark.
IN A NUTSHELL
- A 16-storey residential tower
- A part of Tiara Residences
- Developed by Zabeel Properties
- Offers 1, 2 and 3-bedroom apartments
- 4-bed penthouses are also present in the building
- The Lost Chambers Aquarium is an 8-minute drive away
- Aquaventure Waterpark is a 10-minute drive away
- Dolphin Bay is an 11-minute drive away
Facilities in Tanzanite, Palm Jumeirah
Residents can use the basement parking in Tanzanite. Each unit gets at least one dedicated vehicle parking spot. Street parking is also available outside the building.
There are multiple high-speed elevators in Tanzanite.
Security, Central Air-Conditioning and Maintenance Services
The residential tower has a 24-hour CCTV security system along with regular maintenance services. Residents would have to pay yearly chiller/cooling charges depending on their contract. The district cooling supplier of Tanzanite is Empower.
Gym and Fitness Facilities
Fitness enthusiasts can find a gym in Tanzanite along with an outdoor and indoor swimming pool.
Entertainment wise, there is an outdoor kid’s play area and a barbeque The building has a daycare along with sauna and steam rooms. Residents will also be pleased to get direct access to the beach.
Concierge and Guest Services
The building features 24-hour concierge services.
Tanzanite is a pet-friendly building.
Apartment Types in Tanzanite
One can find 1-bed, 2-bed and 3-bed apartments as well as 4-bed penthouses in Tanzanite. Each unit has a spacious layout with large bedrooms, living rooms and balconies. These flats also come with fully equipped, open/closed style kitchens and guest bathrooms. Each unit in Tanzanite offers views of the Arabian Sea.
1-Bedroom Apartments in Tanzanite
1-bedroom flats in Tanzanite have covered areas ranging from 1,300 sq. ft. to 1,587 sq.ft. These flats have an open style, fully fitted kitchen, a large living room, a guest bathroom and a balcony. The master bedroom has an attached bathroom and built-in cabinets.
2-Bedroom Apartments in Tanzanite
2-bedroom apartments in Tanzanite have covered areas of 1,743 sq. ft. There are two bedrooms with attached bathrooms, a large living room, a guest bathroom and a spacious balcony. The apartment has a closed style kitchen which is fully furnished.
3-Bedroom Apartments in Tanzanite
3-bedroom flats in Tanzanite have covered areas of 2,400 sq. ft. These units are spacious and have a closed style, fully furnished kitchen, a maid’s room, a large living space with a guest bathroom and a balcony. One can find three bedrooms with attached bathrooms and separate wardrobes.
Penthouses in Tanzanite
Penthouses in Tanzanite have covered areas of 6,100 sq. ft. You will find four large bedrooms with attached bathrooms and built-in cabinets. Each unit features a large living area, a guest bathroom, a maid’s room with attached bathroom, a closed-style, fully furnished kitchen and a spacious balcony.
Most Popular Apartment Types in Tanzanite
Based on searches conducted by users on Bayut.com over the past 12 months
According to Bayut, the most popular apartment types in Tanzanite are the 3-bedroom apartments. 2-bed flats and 1-bed apartments get the second and third spot, respectively.
Rental Trends in Tanzanite
- A 2-bed flat in Tanzanite has a rental price of AED 185k.
- To rent a 3-bedroom flat in Tanzanite, expect to pay AED 200k to AED 265k.
Sale Trends in Tanzanite
- 1-bedroom flats for sale in Tanzanite range from AED 1.9M to AED 2.3M.
- One can buy a 3-bedroom flat in Tanzanite for AED 2.75M, on average.
- A 3-bed flat for sale in Tanzanite is priced at AED 6.3M.
Rental Yield in Tanzanite
Based on searches conducted by users on Bayut.com over the past 12 months
The highest return on investment in Tanzanite is offered by 2-bedroom apartments i.e. 8.2%. 1-bed flats get the second spot with a 7.6% ROI and 3-bed apartments come third. They offer a 5.8% ROI.
Transportation near Tanzanite
Residents can travel via personal cars or use the Palm Monorail system. The closest monorail is Nakheel Mall Monorail Station at a 7-minute drive from the tower. Other modes of public transportation near Tanzanite include bus, metro and tram.
Bus Stations near Tanzanite
Residents can find Royal Mirage Hotel 1, Bus Stop at a 10-minute drive away from Tanzanite. It is served by Bus 8 and N55.
Metro Stations near Tanzanite
Dubai Internet City Metro Station is located a 13-minute drive away from Tanzanite, Palm Jumeirah.
Tram Stations near Tanzanite
The closest tram station is Al Sufouh at an 8-minute drive away from Tanzanite.
Restaurants near Tanzanite
Popular restaurants near Tanzanite include:
- The Tap House
- Faro, Palm Jumeirah
- Shakespeare and Co.
There are several restaurants near the building. The Tap House, which serves Europeancuisine, is at a walking distance from Tanzanite. Faro, Palm Jumeirah (an Italian restaurant) and Shakespeare and Co. are a 9-minute drive away from the residential building.
Fine dining best restaurants on the Palm Dubai near Tanzanite include:
- Cinque – Five Palm Jumeirah
- Maiden Shanghai – Five Palm Jumeirah
Residents will find multiple upscale restaurants near Tanzanite. Cinque, an Italian restaurant is a 7-minute drive away and Maiden Shanghai, an Asian Restaurant is an 8-minute drive away from the residential building. Tagine is a Moroccan restaurant at an 11-minute drive away from Tanzanite, Palm Jumeirah.
Supermarkets near Tanzanite
Supermarkets near Tanzanite include:
- Quick Buy Supermarket
- All Day Fresh Supermarket
- Waitrose Supermarket
Residents will find a few supermarkets near the tower. Quick Buy Supermarket is within walking distance from Tanzanite. Other supermarkets including All Day Fresh Supermarket and Waitrose Supermarket are located at a 9-minute drive away from the residential building.
Residential buildings near Tanzanite include:
- Al Msalli
- Al Anbara
- Al Nabat
Tanzanite is situated next to Al Msalli and Al Anbara. While Al Nabat, Shoreline Apartments is also located in close proximity to the residential building.
Nearby landmarks include:
The Lost Chambers Aquarium is the UAE’s largest aquarium. The well-known tourist attraction is home to over 65,000 marine animals. It is located at an 8-minute drive away from Tanzanite.
Aquaventure Waterpark offers 30 slides and attractions for visitors of all ages. The waterpark is situated at a 10-minute drive away from the residential tower.
Then there is Dolphin Bay, which is one of the biggest artificial dolphin habitats in the world. Dolphin Bay is an 11-minute drive away from Tanzanite.
THINGS TO CONSIDER
Tanzanite is a part of Tiara Residence in Palm Jumeirah. While the apartment complex has luxurious properties and high-end amenities, limited public transportation can cause minor inconvenience.