Studio, Sparkle Tower 1
Dubai, Dubai Marina, Sparkle Tower 1
39 м²
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
$356 164 ($9 194/m²)
1 330 000 AED
Rental yield: 6,08%
JBR Beach
5-min walk
Tram stop
4-min walk
Price growth rate per year: 15,2%
TOTAL INVESTMENT AMOUNT: $389 474
  • Unit price: $356 164
  • Renovation price: $1 370
  • Furnishings: $1 370
  • Commission: $7 479
  • DLD fee payment: $14 406
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $822
  • Manager cheque: $5 342

TOTAL RENTAL YIELD PER YEAR: $34 521
  • Rent payments: $2 877 (per month) / $34 521 (per year)

EXPENSES PER YEAR: $10 824
  • Service charge: $1 591
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $6 214

NET RENTAL YIELD PER YEAR: $23 696
or 6,08%
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 to  JBR beach and the most popular tourist spots of Dubai Marina.

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

● 1 bedroom
● 1 bathroom
● Area: 39 sqm
● Floor 4 (out of 28)
● Furnished
● 1 parking space
● Vacant
● No mortgage

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.