Dh70m residential project at Dubai Marina unveiled

DUBAI - Palma Real Estate, a real estate brokerage and investment advisory firm based in Dubai, has announced the launch of its new residential tower -La Residencia Del Mar - at Dubai Marina.

By A Staff Reporter

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Published: Thu 27 May 2004, 9:10 AM

Last updated: Thu 2 Apr 2015, 12:31 AM

The Dh70 million project offers luxurious and spacious two-bedroom and three-bedroom apartments, duplexes, penthouses with a private pool and spa and triplex villas located next to the tower. The distinctive features of all the units is the ample space available and the quality of the finishings; the 3-bedroom apartments cover an area of 3432 sq feet and the terraces range from 160 to 430 sq feet, enough to fit a ping pong table and a family sitting area comfortably.

Raouf Derbas, Chairman of Palma Real Estate, said each floor of the 15-storey building is home to three apartments only, which provides the residents with abundant space inside their home. "It also offers them more privacy and tranquillity as the tower is home to only 40 families unlike other towers that are 40 and 50 floors high with over 200-300 apartments."

Residents have access to the beach and to a boat marina located in front of the tower. La Residencia Del Mar is one of only three buildings located within a park which enjoys tranquil walkways, water features and kid's play areas. Restaurants, cafes, shopping arcades and entertainment are also in close proximity within the Dubai Marina premises.

"Our intention is to build homes for individuals and families to live in so we planned every detail with the resident's comfort and tranquillity in mind, we also wanted to give them the best quality to ensure that they live the lifestyle of their dreams. When completed La Residencia Del Mar will be a landmark development at the Dubai Marina, and it will set the standard for luxury lifestyles," adds Derbas.

La Residencia Del Mar is being supervised under the expertise of Khatib & Alami, the region's most known name in the field of architectural and engineering consultancy. Khatib and Alami have a diversified portfolio of projects that range from high-tech buildings to large residential and commercial development projects. Some of their prestigious landmarks in Dubai include: Dusit Dubai Hotel, Al Bustan Rotana Hotel, Fairmont Hotel, The Tower, API Tower, Dubai Creek Tower, to name a few.

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