La Residencia Del Mar
La Residencia Del Mar is a 15-storey freehold residential building on the Dubai Marina waterfront, close to The Jewels and Dorra Bay. Developed by Palma Holding and completed in June 2006, it comprises two- and three-bedroom apartments alongside a small number of penthouses and triplex villas. This guide covers La Residencia Del Mar's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Palma Holding
Storeys
15
Unit types
2 & 3-bed apartments, penthouses & villas
Location
Dubai Marina (Marsa Dubai)
About La Residencia Del Mar
La Residencia Del Mar is a 15-storey freehold residential building on the Dubai Marina waterfront, close to The Jewels and Dorra Bay.
Developed by Palma Holding through its subsidiary Palma Development Ltd, the project was Palma's first foray into Dubai's freehold residential market. Construction began in 2004 and finished in June 2006, with Khatib & Alami as the project's architect. The building holds just 42 apartments in total, with only three per floor across 14 residential floors, alongside a small number of half-floor and full-floor penthouses and triplex villas.
Developer, storeys, construction timeline, architect and the 3-apartments-per-floor layout per propsearch.ae, bayut.com and the developer's own project page at palmaholding.com.
Location & Nearby Landmarks
La Residencia Del Mar sits in the Marsa Dubai area of Dubai Marina, close to The Jewels and Dorra Bay towers.
The nearest attractions include Marina Beach (0.7 km), Roxy Cinema at The Beach (0.5 km) and Reel Cinemas at Dubai Marina Mall (1.1 km), The Walk at JBR (1.0 km), Madame Tussauds Dubai and the Ain Dubai observation wheel (both around 1.2 km), JLT Park (1.6 km) and Emirates Golf Club (3.6 km). For a wider view of the city's short-term rental market, see Royale Stays' full guide to Airbnb property management in Dubai.
Landmark distances and the Marsa Dubai area designation per propsearch.ae's building guide and its DLD transaction records; bayut.com also describes the building as close to The Jewels and Dorra Bay.
Unit Types at La Residencia Del Mar
La Residencia Del Mar offers two- and three-bedroom apartments, alongside a small number of half-floor and full-floor penthouses and triplex villas. Two-bedroom apartments cover just over 2,300 sq ft, and three-bedroom apartments cover just over 3,300 sq ft, figures listed by the developer and two property portals. Penthouses come in three- and four-bedroom duplex layouts with expansive communal areas and up to four balconies. The triplex villas place the master bedroom with an en-suite and dressing room on the top floor, two further en-suite bedrooms and a study on the middle floor, and the main living, dining and kitchen area on the lower floor.
Unit mix and sizes per propsearch.ae, bayut.com and palmaholding.com (the developer's own project page). Specific penthouse and villa layout detail per bayut.com. Total unit count (42) per propsearch.ae, consistent with the 3-apartments-per-floor, 14-floor structure listed by bayut.com and palmaholding.com.
Amenities at La Residencia Del Mar
The building includes a swimming pool, a state-of-the-art gymnasium, basement parking for residents, a bicycle path and walkway connecting to the wider Marina promenade, and pre-wired high-speed internet with access to digital and satellite TV. Multiple high-speed elevators serve the building, along with 24-hour security and CCTV coverage, and utilities are supplied by DEWA. The building is pet-friendly, though residents should confirm individual pet policies with their landlord, and there is a 24-hour concierge and reception at the entrance lobby.
Core amenities (pool, gym, basement parking, bicycle path/walkway, high-speed internet, digital/satellite TV) per propsearch.ae, bayut.com and palmaholding.com. Elevators, 24-hour security/CCTV, DEWA utilities, the pet-friendly note and the concierge/reception detail per bayut.com's facilities section.
Transportation & Access
La Residencia Del Mar is within a 5-minute walk of the Jumeirah Beach Residence bus stop, and DMCC Metro Station is the nearest metro, roughly a 5 to 10-minute drive away. The Jumeirah Beach Residence 1 and 2 tram stops and the Dubai Marina Mall tram stop are all within a 5-minute drive. By car, it is roughly 8 minutes to The Walk at JBR, 11 minutes to Palm Jumeirah, 16 minutes to Burj Al Arab, and 19 minutes to Dubai Mall. For the airports, it is roughly 27 minutes to Dubai International Airport (DXB) and 31 minutes to Al Maktoum International Airport (DWC).
Metro/tram/bus access per bayut.com; drive times to landmarks and airports per propsearch.ae's Transport & Access data (Google Maps-derived typical-traffic estimates).
La Residencia Del Mar Price Guide
Dubai Land Department sale transactions at La Residencia Del Mar over the past two years show real price movement: a three-bedroom apartment (3,442 sq ft) sold for AED 5,800,000 in December 2023 (AED 1,685 per sq ft), a two-bedroom apartment (2,352 sq ft) sold for AED 2,500,000 later that same month (AED 1,063 per sq ft), and a three-bedroom apartment sold for AED 5,000,000 in February 2024 (AED 1,452 per sq ft). As of September 2026, the two active listings on the market are both two-bedroom apartments of 2,352 sq ft, each asking AED 4,250,000, roughly AED 1,807 per sq ft, reflecting continued price appreciation and the usual gap between asking and previously-closed prices.
Dubai Land Department Sale-type transactions (excluding mortgage, gift and lease-finance registrations) per propsearch.ae's DLD transaction ledger for this building. Current asking-price figures per propertyfinder.ae. A Lease Finance (mortgage) Registration record of AED 1,300,000 is not a sale and is not used here.
Airbnb & Short-Term Rental Income Potential
Dubai Marina is one of Royale Stays' core managed areas, alongside Palm Jumeirah, Downtown Dubai, JBR and Business Bay. La Residencia Del Mar is a freehold apartment building developed by Palma Holding, a private real estate developer rather than a restricted hotel brand, so there is no confirmed policy barrier to running a licensed holiday home here.
Every short-term rental in Dubai still requires a DTCM holiday home permit. The building's position close to Marina Walk, Marina Beach and JBR sits within one of Dubai's most consistently in-demand short-term rental pockets, and active sale-listing activity alongside a furnished-rentals company marketing a unit inside the building both point to ongoing market interest. Royale Stays can manage the full process for a fee starting from 15%, covering permit arrangement, furnishing, photography, pricing, check-in and guest communications. See Royale Stays' Dubai holiday home permit guide for the current permit process.
No invented occupancy or nightly-rate figures are used for this specific building; none exist in the sources checked. Kennedy Towers' listing (surfaced in the item-2 SERP pull) is cited only as evidence of furnished/short-let market interest in the building, not as a source for any specific rate or occupancy claim.
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