1 bedroom, Sparkle Tower
Dubai, Dubai Marina, Sparkle Tower
77 m²
Property area
2019
Construction year
4 out of 28
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$452 055 ($5 871/m²)
1 650 000 AED
Rental yield: 5,71%
Price growth rate per year: 15,2%
JBR Beach
15-min walk
JBR 2 station
1-min walk
TOTAL INVESTMENT AMOUNT: $497 036
  • Unit price: $452 055
  • Renovation price: $1 370
  • Furnishings: $7 123
  • Commission: $9 493
  • DLD fee payment: $18 241
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $6 781

TOTAL RENTAL YIELD PER YEAR: $42 740
  • Rent payments: $3 562 (per month) / $42 740 (per year)

EXPENSES PER YEAR: $14 383
  • Service charge: $3 200
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commmission: $6 411

NET RENTAL YIELD PER YEAR: $28 356
or 5,71%
Sparkle Tower is a luxury 2 tower development created in collaboration with Swarovski brand. Construction was completed in 2019. Thousands of Swarovski crystals are used in the finishing of the tower.

5-minute walk to the beach, 4-minute walk to the streetcar stop.

● 1 bedroom
● 1 bathroom
● Huge balcony
● Area: 77 sqm
● Floor 4 (out of 28)
● Unfurnished
● 1 parking space
● Vacant
● No mortgage

Key tower features:
● Swimming pool overlooking the Marina
● Gym, sauna, jacuzzi
● Children's playground
● Separate pool for women on the rooftop
● Lobby decorated with thousands of Swarovski crystals
Dubai Marina is one of the most attractive places to live in Dubai. This neighborhood is located on the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.
The main advantages of living in Dubai Marina are:

1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.

2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.

3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.

4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.

5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.