La Residence Del Mar is one of the most well-known projects in Dubai Marina, which attracts local residents and foreigners wishing to experience luxury waterfront living.
The developer of the complex is the highly respected company; Palma Holding and was designed in cooperation with Khatib & Alami.
This 15-storey building offers 2-3-BR apartments with living areas starting from 2,300 sq. ft, and come with living and dining areas, maid’s rooms, at least two balconies and much more, as well as more spacious duplex penthouses and triplex villas, which will be appreciated by those who are looking for more comfort and privacy.
The project was commissioned in 2006.
Occupants of La Residence Del Mar have access to a great number of amenities, located right on the territory of the development.
Parking spaces will be located in the basement of the development, whilst a street parking option will be available for guests. You will always feel secure while living in La Residence Del Mar due to the 24/7 security services and CCTV systems.
Units available for purchase in La Residence Del Mar include 3-BR apartments priced from AED 3.7M (USD 1M). Those interested in renting can rent a 2-BR apartment from AED 150K (USD 41K) per year.
Purchasing a real estate unit in La Residence Del Mar is the right option for those wishing to experience a waterfront lifestyle in one of the most developed areas of Dubai.
You will always be able to rent out a property in La Residence Del Mar and generate a stable income. Thus, the average ROI in Dubai Marina is from 6.7% for a 2-BR apartment, which is considered to be one of the highest in the emirate. Units in La Residence Del Mar will be in high demand among single professionals and couples, as well as families with children due to its developed infrastructure and ease of connectivity to other locations across Dubai.
It's worth noting that buying a property from AED 2M (USD 545K) in the UAE provides you with a chance to become the holder of a Golden Visa for 10 years which is supposed to bring you endless benefits, starting with an Emirates ID and a driving license, as well as an opportunity to stay in the country without any time limits.