Tuesday 5 December 2023

$205m Dubai Marina tower's final phase launched

DUBAI, January 6, 2019

Engel & Völkers, the region’s high-end real estate brokerage, has announced the official launch of the final phase of the $205-million Sparkle Towers, a twin-tower development featuring 373 luxury apartments and penthouses in Dubai, UAE.

An iconic building, Sparkle Towers is owned by Dubai-based and Rera award-winning real estate development company Tebyan, and is prominently located at one of the last remaining plots in Dubai Marina.

The twin-tower development comprises 29 and 14 storeys respectively and is connected by a four-floor residential podium, said the statement from Engel & Völkers.
The towers are made up of 373 exclusive luxury apartments and penthouses incorporating the finest fittings and finishes, a host of world-class amenities and a range of retail units, it added.

Residents of the development will be greeted by a marble entrance and a crystal-decorated lobby and common areas, thanks to the creative designers at Swarovski, said the brokerage in its statement.

The apartments and penthouses all feature marble and ceramic flooring, granite countertops, and the finest European bathroom fittings and finishes, along with crystal encrusted apartment number plates, it added.

Investors can choose from a range of luxuriously appointed studios, one-, two- and three-bedroom apartments as well as two four-bedroom penthouses with prices starting from Dh845,000 ($230,045).
“What makes this development unique is our partnership with the global luxury brand Swarovski, the incredible sea and marina views from every apartment, and a contracted handover in less than four months,” remarked Mohamed Abdullah Faraj, the managing director, Tebyan Real Estate Development.
"Moreover, Sparkle Towers has an enviable location, just two minutes’ walk from the beach, as well as close proximity to a host of shopping, dining and entertainment attractions in JBR and Dubai Marina," observed Faraj.
"Commuters are well catered for too, with Tram and Metro stations nearby and seamless access to Sheikh Zayed Road," he added.
Engel & Völkers CEO Matthew Bate said: "With prices starting at Dh845,000, the value for money aspect is exceptional, given the quality of build, location, panoramic views and of course the project’s partnership with Swarovski makes the investment proposition crystal clear.
Other amenities include a prestigious fitness centre and spa, temperature-controlled swimming pools, separate men’s and women’s Jacuzzi and sauna as well as a dedicated residents lounge. Outdoors, residents can enjoy the designer landscaped gardens, a children’s splash park and a play area, he stated.

Valet parking, an on-demand limousine service and 24-hour concierge and security will also be provided, he added.
Both towers offer waterfront vistas including Dubai Marina and Jumeirah Beach Residences and are within walking distance of the Dubai Tram and close to the Dubai Metro, while being just twenty minutes’ drive from either Dubai International Airport or Al Maktoum International Airport.
“This is undoubtedly an iconic building and branded landmark for many years to come, adding further value for investors, in a community that has very few building plots remaining. Little wonder that we have already experienced unprecedented demand from investors and end users,” added Bate.-TradeArabia News Service

Tags: Dubai marina | penthouses | Luxury apartments | Engel & Völkers |

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