Marina Torch Tower
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Marina Torch Tower

About the Development

Marina Torch Tower is a premium residential project by the developers, Select Group and Khatib&Alami Dubai architectural bureau. This skyscraper has a height of 985 feet (300 meters) and includes 79 floors and a three-level underground parking lot. The tower is one of the five tallest residential buildings in the world. Construction lasted four years and was completed in 2011.

Floors 1 to 4 are occupied by commercial premises and public areas.

There are a total of 682 units in the building, including apartments with 1-3 bedrooms and duplexes with 4 bedrooms. Properties range in size starting from 880 square feet. Prices start from AED 720,000 (USD 196,000).

They are equipped with wide panoramic windows overlooking the Dubai Marina area and JBR Beach.

Residents have access to the following amenities:

  • 24/7 security with video surveillance;
  • 24/7 concierge service;
  • a fitness center;
  • a spa with sauna;
  • a swimming pool;
  • a supermarket and other stores.
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Location

Torch Tower has good transport access. The complex is located at the beginning of the Dubai Marina Walk, near the main highway of the UAE – Sheikh Zayed Rd. Therefore the journey to any part of Dubai takes no more than 40 minutes by car. There are two metro stations – Sobha Realty Metro Station and Al Khail Metro Station within 15 minutes walking distance.

DXB Airport is 20 minutes away, Al Maktoum International Airport 30 minutes.

Downtown Dubai and Business Bay areas are 15 minutes away.

The Emirates Golf Club is a 5-minute drive away, as is the RRA Radel Dubai Sports Center, which features tennis courts and athletic fields.

The popular SkyDive Dubai skydiving center is also a 5-minute drive away.

The Palm Jumeirah is a 10-minute drive away. This is the largest man-made island in the world, there is a famous Aquaventure Waterpark.

Within walking distance of the complex there are three medical clinics: Emirates Hospital Clinics, Marina Medical Center, King`s Marina Medical Centre, as well as Ruffles Marina Nursery.

Within a 10-minute walk there is Dubai Media City Park, which has a pond, gazebos and other recreational areas. There are also various festivals and events.

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Payback

The complex, Marina Torch Tower, is located in one of the most prestigious attractions of the emirate Dubai Marina Walk, surrounded by restaurants, stores and entertainment venues.

Such real estate is well suited for lovers of shopping, resort entertainment, yachting and nautical sports. Also Marina Torch Tower offers good opportunities for long-term investment. Thanks to the high transport accessibility and proximity to the tourist infrastructure, local residences are suitable for both short-term and long-term rentals. The average return on the project is 5.72%. The average cost of a long-term lease for a one-bedroom apartment is AED 65,000 (USD 17,550) per year.

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