Zumurud Tower
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Zumurud Tower

About the project

Zumurud Tower is a 31-storey, 124m tall residential building. The complex is located in the Dubai Marina area near the Arabian Gulf. Construction began in February 2006 and was completed in 2010. The company, Bin Hamoodah Group, was responsible for the development of the project. The main architect was Khatib & Alami.

Zumurud Tower contains 1, 2, and 3 bedroom apartments, 4 bedroom penthouses and studios. The complex offers more than 300 residential units. Property owners have their own parking spaces. In addition, the building provides:

  • high-speed elevators, one of which is equipped with backup electricity for use in case of emergencies;
  • security system (video surveillance cameras);
  • fire alarms;
  • service personnel;
  • a central air conditioning system;
  • a spacious area designed for barbecues or parties;
  • fitness facilities, which include a gym with all the necessary equipment, spa, sauna and jacuzzi;
  • a lobby for guests;
  • swimming pools for adults and children.

Apartments range in size from 870 to 2,170 sq. ft (80-200 sq. m). The minimum cost for an apartment is AED 500,000 (USD 137,000). The annual rental cost is approximately AED 35,000-85,000 (USD 10,000-24,000).

The average size of a 4-bedroom penthouse is 3,657 sq. ft (340 sq. m). Properties of this size can be purchased for AED 2,300,000 (USD 627,000). Rent per year is about AED 230,000 (USD 62,618) for this type of penthouse.

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Location

Zumurud Tower is located in Dubai Marina, one of Dubai’s most popular areas.

Bus stops (Jumeirah Beach Residence Station 2 and JLT, The Dome Tower), and Metro stations (DMCC 1 and Jumeirah Lake Tower) are located near the apartment complex. Streetcars are also available for residents to get around the city.

Within walking distance (10 minutes walk) there are grocery stores and supermarkets: Al Maya Supermarket, and W Mart Supermarket.

Residents and guests can visit local cafes such as Cheesecake Factory and Bussola.

Not far from Zumurud Tower is Dubai Marina Walk. This area offers many different recreational options.

Dubai Marina Mall, a modern shopping mall, is just a 15-minute drive away. The shopping and entertainment complex has boutiques, play areas for children, and gourmet restaurants.

There are medical facilities and pharmacies, kindergartens and schools in the area.

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Payback

Dubai Marina attracts investors with its variety of real estate, well-developed infrastructure, large area and local attractions.

The acquisition of real estate in the residential complex Zumurud Tower can be considered a profitable investment. The return on investment from the rental of apartments can reach up to 5%.

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