Apartment in CIEL TOWER in Dubai Marina, UAE 15 sq.m. № 696483

1
Apartment in CIEL TOWER in Dubai Marina, UAE 15 sq.m. № 696483
ID696483 1 599 999 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
696483

Property description

Engel & Voelkers is pleased to present this exceptional studio apartment in Ciel Tower, Dubai Marina.

Property Features:
* Luxury studio apartment
* High floor with stunning sea views
* Fully furnished and move-in ready
* Built-in wardrobes
* Contemporary en-suite bathroom

World-Class Amenities:
* Infinity pool and sky terrace with panoramic views
* State-of-the-art gymnasium
* Luxury spa and wellness facilities
* Business lounge
* Multiple dining venues offering international cuisine
* Direct access to Metro and Tram stations
* 24/7 security and concierge services

Investment Opportunity | CIEL Tower – Dubai Marina

• Asset: Studio Hotel Unit (Half Share)
• Project: CIEL Tower – World’s Tallest Hotel
• Operator: IHG – Vignette Collection
• Status: Fully paid | Hotel operational (soft opening)

Returns:
• Expected 7–8% net yield once stabilized
• AED 95k–110k net income per year
• First distribution: July 2026

Pricing:
• Purchase price (2024): AED 1.46M
• Asking price: AED 1.60M (cash)
• Fair market value post-stabilization: 1.5–1.65M

Why it works:
• Prime Dubai Marina location
• Fully hotel-managed (hands-free)
• Income-based valuation (not app estimates)
• Strong upside after first audited distribution

Ideal for: Cash investors seeking stable USD-pegged income with capital appreciation.

About Ciel Tower:

Soaring to an impressive height of 365 metres, Ciel Tower is set to become the world’s tallest hotel. The tower will comprise 1,042 luxury suites across 83 floors, positioning it as a landmark destination and a highly compelling investment opportunity in the heart of Dubai Marina.

Engel & Voelkers is one of the world’s leading service companies, specializing in the brokerage of residential and commercial properties, yachts, and aviation. With 1,000+ offices in over 30 countries, it offers a wide range of services.

Contact Engel & Voelkers today for further details.

Outdoor features

Car park
  • Car park
Contact the seller
Contact me via
CityDubai
DistrictDubai Marina
Address34QV+3W9 - Dubai Marina - Dubai - UAE
TypeApartment
Living space15 m²
  • sq. ft
To sea900 m
To city center21 km
Completion dateI quarter, 2023
Price
  • Price
  • per m²
1 599 999 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
Seller
Toufic Halik
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