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Sparkle Towers

About the project

Sparkle Towers is a complex of two lozenge-shaped buildings in Dubai Marina. One building has 29 floors and the other has 14 floors. The complex has been in construction since 2014 and was commissioned in 2019. The developer, Tebyan Real Estate Development, offers apartments and penthouses for sale with a focus on design, comfort, and security.

The towers have a total of 373 units. Studios and apartments feature floor plans with one, two, and three bedrooms. A living podium connects the two buildings and houses two four-bedroom penthouses. The entire first floor is occupied by various retail outlets.

The complex’s towers have landmark status since they are adorned with Swarovski crystals that glimmer with natural or electric light. Residential units are fully furnished and equipped with the latest interior design trends.

One-bedroom apartments range in size from 800 sq. ft (74 sq. m) to 1,000 sq. ft (93 sq. m) and prices range from AED 1,100,000 (USD 299,000) to AED 1,500,000 (USD 408,000). Two-bedroom apartments range in size from 1,100 sq. ft (102 sq. m) to 2,000 sq. ft (186 sq. m) and prices range from AED 1,700,000 (USD 245,000) to AED 2,300,000 (USD 626,000). Three-bedroom apartments are 1,800 sq. ft (167 sq. m) and range in price from AED 2,600,000 (USD 707,000) to AED 3,200,000 (USD 871,000).

*The price is valid for 2021

Sparkle Towers offers a variety of on-site amenities, including:

  • Panoramic windows with double glazing and Swarovski crystals
  • Terraces, gardens, and lounge areas
  • Five high-speed elevators
  • Outdoor and indoor swimming pools
  • Fitness centre and spa
  • Secure parking
  • Private event spaces
  • Concierge services
  • Wi-Fi
  • First-floor shops, cafés, and restaurants
  • Security staff and video surveillance

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Location

Sparkle Towers’ location was selected for its proximity to local attractions and transportation networks. Residents have easy access to supermarkets, shopping centres, restaurants, cinemas, and business districts.

This picturesque community offers many attractions and leisure areas, including an artificial harbour, the Marina Mall, and luxury boutiques. The complex is situated approximately 1.2 km away from the promenade Walk located directly on the coast. Local restaurants, such as Zen, The Talk Restaurant, and Carfoosh Restaurant, offer a wide variety of cuisines.

The beach is located within 400 m. of the property, which is ideal for families and outdoor enthusiasts. Residents can enjoy the use of kayaks and water skis at the beach or take in the city views at Flying Cup Dubai.

Residences are located within walking distance of many supermarkets and grocery stores, such as Al Maya, Choithrams, and W Mart.

Payback

Sparkle Towers has an excellent reputation among residents and foreigners alike. Apartments in the complex have an average return on investment rate of 6 to 6.7% with one-bedroom apartments being the most attractive in terms of investment with a return rate of approximately 7%.

Year after year, the demand for housing in this area remains high due to its picturesque location, comfortable and secure living accommodations, and proximity to modern infrastructure.

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