Marina Promenade is a large-scale residential complex in Dubai Marina. The project consists of six towers, connected by a podium called Beauport Tower, Paloma Tower, Attesa Tower, Aurora Tower, Shamara Tower and Delphine. The number of floors in the buildings ranges from 23 to 39.
The basis for the project was a similar cluster also by Emaar Properties called Emaar 6 Towers, and the difference is only in the design of the facades. The architects of Marina Promenade were the specialists of Zeidler Partnership Architects company. The residential project was launched in 2005 and handed over in 2008.
Properties in the towers are presented by studios, 1-3-bedroom apartments and luxury 3-bedroom penthouses with living areas ranging between 753 sq. ft to 3,057 sq. ft. Due to the panoramic windows, the owners of these luxury residences can enjoy the breathtaking views of the Dubai Marina embankment. Some residences also have a balcony.
The initial cost for a one-bedroom apartment in the Marina Promenade project as of the first quarter of 2023 constitutes AED 1.2M (USD 334K). To find out more information about the availability of residences and their cost, you can contact our agents by filling out the form on our website.
The district of Dubai Marina is one of the most in-demand locations among investors in the emirate of Dubai. Residents will be able to find everything they need for a comfortable stay, as well as rest and work here.
Studios and apartments with 1 bedroom are in the greatest demand among tenants. The average price for an annual rental lease for this type of property in Marina Promenade constitutes AED 130K (USD 35K), with an average yield of 6.8%.
The active development in the community of Dubai Marina continues and it is predicted that the investment attractiveness of the residential project will only increase in the future.
In this case, as an investor in the UAE`s real estate market, you will be able to obtain a 2-year resident visa or a 10-year Golden Visa, depending on the purchase price.