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Sparkle Tower 1, Dubai Marina

Sparkle Tower 1, Dubai Marina

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Strengths

Prime Location

Luxury Amenities

Architectural Design

Weakens

High Maintenance Fees

Traffic Congestion

Limited Parking Space

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Description

Sparkle Tower 1, Dubai Marina

Real Estate Overview

Building Overview

  • Sparkle Tower 1 is a premier residential skyscraper located in the iconic Dubai Marina, known for its stunning waterfront views and vibrant lifestyle.
  • The building features proximity to essential amenities, such as fine dining restaurants, shopping malls, and leisure facilities.
  • Well-connected via public transportation, including the Dubai Metro and water taxis, enhancing accessibility to other areas of Dubai.
  • Nearby landmarks include the famous Marina Walk, Jumeirah Beach, and Ain Dubai, making it an attractive location.

Properties Overview

  • The tower houses a mix of luxurious apartments available for both rent and purchase, appealing to a variety of potential residents.
  • Popular unit types include one, two, and three-bedroom apartments, each designed with modern aesthetics and high-quality finishes.
  • Typical rental prices range from AED 90,000 to AED 150,000 annually, while sale prices vary from AED 1,300,000 to AED 2,500,000 depending on the size and views.

Market Trends

  • The Dubai Marina real estate market has seen a steady increase in rental yields, averaging around 6-7% for properties in Sparkle Tower 1 over the past year.
  • Sales prices have shown resilience despite market fluctuations, maintaining a stable demand due to the tower's prime location.
  • Experts predict continued demand, especially with upcoming infrastructure developments and the expansion of the Dubai Marina area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Nearby supermarkets include Spinneys and Carrefour, offering a variety of grocery shopping options.
  • Quality educational institutions like Emirates International School and Dubai British School are within a short distance.
  • Healthcare facilities such as Mediclinic and Emirates Hospital ensure residents have access to top-notch medical services.

Transportation and Accessibility

  • Residents enjoy convenient access to various public transportation options, including taxis, buses, and the Dubai Metro.
  • Parking spaces are available within the building for residents, promoting ease of access for vehicles.

Lifestyle Amenities

  • Sparkle Tower 1 offers state-of-the-art amenities such as a fully equipped gym, infinity pool, and wellness center.
  • Residents can indulge in a vibrant lifestyle with numerous restaurants, cafes, and entertainment options nearby.
  • The beach and promenade areas cater to outdoor enthusiasts with various activities and events throughout the year.

Builing Facilities

  • The building is equipped with high-speed elevators, comprehensive security systems, and central air conditioning.
  • Regular maintenance and cleaning services help maintain a pristine living environment for all residents.

Special Services

  • Residents have access to concierge services, providing assistance with bookings and general inquiries.
  • Business centers within the building cater to professionals seeking workspace solutions.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are available, catering to diverse needs, from singles to families.
  • Investors can choose from studio apartments to spacious three-bedroom units with stunning views of the marina.

Things to Consider

  • Consider proximity to work, schools, and other essential services when choosing a unit.
  • Evaluate the costs associated with maintenance fees and utilities to budget properly for living or investment.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular community events and gatherings promote social interaction and networking among residents of Sparkle Tower 1.
  • Occasional themed parties and cultural celebrations enhance the community spirit within the building.

Community Identity

  • Sparkle Tower 1 stands out for its unique architectural design, reflecting modern luxury and sophistication.
  • The building fosters a cosmopolitan lifestyle that attracts both expatriates and locals, creating a diverse community.

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Detailed Buiding Insights

1. Family Friendliness

Sparkle Tower 1 offers a family-friendly environment with spacious apartments, children’s play areas, and community events that foster a sense of belonging for families.

Exceptionally Welcoming

2. Living Options

Residents can choose from a variety of luxurious apartment layouts with modern designs and high-quality finishes, suiting different family sizes and preferences.

Diverse and Luxurious

3. Safety And Security

The building features state-of-the-art security systems, including 24/7 surveillance and secure access points, ensuring residents feel safe at all times.

Remarkably Secure

4. Transportation

Excellent public transport access, including nearby metro stations and bus routes, make commuting easy, while proximity to major highways facilitates quick travel.

Highly Convenient

5. Amenities And Facilities

Sparkle Tower 1 boasts a wide range of amenities, including a swimming pool, gym, spa, and communal gardens, enhancing the quality of life for residents.

Richly Equipped

6. Cost Of Living

While the luxury and amenities provided justify the cost, renting or buying in Sparkle Tower 1 may be higher compared to surrounding areas.

Relatively High

7. Things To Do

Situated in Dubai Marina, residents have access to numerous restaurants, shopping outlets, and recreational activities, catering to diverse interests and lifestyles.

Vibrantly Diverse

8. Noise Levels

Although Dubai Marina can be lively, the sound insulation in Sparkle Tower 1 allows for a tranquil living environment, shielded from external noise.

Generally Peaceful

9. Pet Friendliness

The community is welcoming to pets, featuring designated pet areas and nearby green spaces, making it an attractive choice for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

292.9K AED - 324.4K AED

Rent:

20.2K AED - 31.5K AED

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