For Sale:
Dubai Apartments
Dubai Marina
Dream Towers
Dream Tower 1
Bayut - WE-S-2050
7% net return | vacating | higher floor
AED800,000
Est. Payment AED 3.6K/mo
Get Pre-Approved
Dream Tower 1, Dream Towers, Dubai Marina, Dubai
1 Bed
2 Baths
728 sqft

7% net return | vacating | higher floor

Property Description:
Location: Dream Tower 1 Marina
Type: 1bhk
Size: 728 sq. ft.
Bathrooms: 2
Amount: AED 800k
Service Charges AED 12,668
Rented until 26 Nov. 2023 for AED 55k but client will extend until 26 Feb. 2024 at AED65k and will vacate the unit.

Below are the charges for Buyers:

CASH BUYER:

*4% of Sale price (DLD) + AED 580 for title deed

*AED 2,100 / 4,200 Trustee Fees

*2% on Selling price (Agency Fee) + 5% vat on Agency fee

MORTGAGE Buyer:

*4% of Sale price (DLD) + AED 580 for title deed

*AED 2,100 / 4,200 Trustee Fees

*2% on Selling price (Agency Fee) + 5% vat on Agency fee

*0.25 % of loan value + 290 knowledge fee (Mortgage Registration fee)

*Blocking fee of the property: AED 1545 (optional)


Dream Tower 1 is a 29-storey residential building and part of The Dream Towers complex. Located in Dubai Marina, the tower features 1 and 2-bedroom apartments. The tower was developed by Desert Dream Investment and Development in 2007, while the designer of this project was National Engineering Bureau. It offers various facilities including a gym, pool and play area for kids.

Dubai Marina is an area in Dubai that is famous for luxury waterfront buildings. It features various well-known towers including Princess Tower and Cyan Tower that is also known as The Twisting Tower. Developed by Emaar Properties, this artificial marina has numerous retail outlets, al fresco restaurants, spas and jogging tracks. The area is also home to the famous Dubai Marina Walk and Dubai Marina Mall.

IN A NUTSHELL
Type of building: Residential
Location: Dubai Marina
Developer: Desert Dream Investments & Development
Date of completion: 2007
Number of floors: 29 storeys
Unit type: 1 and 2-bedroom apartments
Type of Ownership: Freehold
Amenities: Gym, pool and play area for kids

Company name: Wateredge Real Estate Broker
RERA ORN: 872
Address: Office # 215 Al Asmawi Building Umm Al Sheif, Sheikh Zayed Road, Dubai, UAE
Office phone no:
Office fax no:
Office Mobile / Whatsapp:
Primary email:
Website: www. wateredge. ae
Company Profile: Water Edge Real Estate is a part of Al Shahra Group and we are serving our customers with their property needs since 2007. Being an old player in the market we are familiar with all ups and downs of Dubai real estate and put our clients interest before anything else.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - WE-S-2050
  • CompletionReady
  • Average Rent
  • Added on22 June 2023

Features / Amenities

Balcony or Terrace
Swimming Pool
Central Heating
Lobby in Building
+ 5 more amenities

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

Mortgage

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