1 bedroom, Sparkle Tower 1
Dubai, Dubai Marina, Sparkle Tower 1
JBR Beach
5-min walk
Tram stop
4-min walk
29.04.2024
Rental yield: 5,08%
TOTAL INVESTMENT AMOUNT: $664 104
  • Unit price: $602 740
  • Renovation price: $1 370
  • Furnishings: $9 589
  • Commission: $12 658
  • DLD fee payment: $24 269
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $1 096
  • Manager cheque: $9 041

TOTAL RENTAL YIELD PER YEAR: $50 959
  • Rent payments: $4 247 (per month) / $50 959 (per year)

EXPENSES PER YEAR: $17 252
  • Service charge: $3 306
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $9 173

NET RENTAL YIELD PER YEAR: $33 707
or 5,08%
Price growth rate per year: 15%
$602 740 ($7 526/m²)
EJARI rental yield: 4,59%
2 200 000 AED
80 m²
Property area
2019
Construction year
10 out of 29
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
Sparkle Tower is a luxury 2-tower complex created in collaboration with the Swarovski brand; it was completed in 2019. Thousands of Swarovski crystals were used in the finishing of the tower. There is a supermarket, pharmacy, and coffee shop in the building. The development is located within walking distance of; JBR Beach and the most popular tourist spot of Dubai Marina.

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

● 1 bedroom
● 2 bathroom(s)
● 1 balcony
● Property area: 80 sqm
● 10 floor (out of 29)
● Unfurnished
● 1 parking space
● Vacant
● Not mortgaged

Key tower features:
● Swimming pool overlooking the Marina
● Gym, sauna, jacuzzi
● Children's playground
● Separate rooftop pool for women
● 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.