Overview of 23 Marina Tower
23 Marina Tower is an iconic skyscraper in the Dubai Marina district of Dubai, United Arab Emirates. It is a residential tower that stands tall at 392.8 meters (1,289 ft) with 88 floors. The tower was developed by Hircon International and designed by the renowned KEO International Consultants. The main contractor for the building was Dubai Civil Engineering.
Architectural Significance
The tower is one of the most significant architectural achievements in Dubai. It is Dubai’s fourth-tallest building and the world’s sixth-tallest residential building. The tower’s unique design features a twisting shape, which makes it stand out from other buildings in the area. The tower’s façade comprises glass and aluminum, giving it a sleek and modern look.
Location and Accessibility
23 Marina Tower is in the heart of Dubai Marina, one of the prime locations in Dubai. The tower is next to the Emirates Golf Club and offers incredible views of the marina, the Dubai International Marine Club, Sheik Zayed Road, and Dubai Media. The tower is also conveniently located next to a metro station.
Some key features of the tower include:
- 57 swimming pools, one for each duplex
- Each duplex has its own private elevator.
- 16-meter high entrance foyer that gives visitors and residents an impressive preview of the tower’s design
- Convenient location that offers access to many of the area’s iconic sites, attractions, and commercial facilities
Residential Amenities
Luxury Facilities
23 Marina Tower is a luxurious residential skyscraper located in the heart of Dubai Marina. The tower boasts a wide range of high-end amenities that cater to its residents’ every need. Here are some of the luxury facilities that residents can enjoy:
- A spa to help residents relax and unwind.
- Maid services that ensure that the residents’ apartments are always clean and tidy.
- A maid’s room that provides accommodation for the residents’ domestic staff.
Leisure and Wellness
The tower also has a range of leisure and wellness facilities for residents. These include:
- A children’s play area to keep kids entertained and active is available.
- A sauna and steam room are perfect for relaxing and unwinding after a long day.
Apartment Features
Interior Specifications
- The apartments in 23 Marina Tower are beautifully upgraded and fully furnished with high-quality fixtures and fittings.
- The interior design of the apartments is bright and spacious, providing a comfortable living space for residents.
- The apartments offer a substantial 3-bed layout, providing ample space for families and individuals.
- The apartments offer a palm view and sea view, providing residents with stunning views of the surrounding area.
- The apartments offer a luxurious and comfortable living experience.
View and Layout
- The apartments in 23 Marina Tower offer a spacious layout, perfect for families and individuals who require more living space.
- The apartments provide a palm view and sea view, which is ideal for those who want to enjoy the beauty of the surrounding area.
- The apartments are furnished with high-quality fixtures and fittings, ensuring residents have a comfortable and luxurious living experience.
- The beautifully upgraded apartments provide residents with a modern and stylish living space.
Available Units
Unit Types and Sizes
23 Marina Tower offers a variety of unit types and sizes to suit different needs and preferences. The available units include:
- Three bedrooms: These spacious units are perfect for families or those who need extra space. They come in different sizes, ranging from 2,979 sqft to 3,100 sqft.
- Four bedrooms: For those who need even more space, are 4-bedroom units available. These units are more significant than the 3-bedroom units and offer more living space.
- Penthouses: The tower also features luxurious penthouses that offer stunning views of the Dubai Marina. These units are available in different sizes and layouts.
- Duplexes: Duplex units are available at 23 Marina Tower if you want something unique. These units offer a spacious layout and are perfect for those wanting more privacy.
Investment Opportunities
Investing in a unit at 23 Marina Tower can offer great returns. The tower is in the famous Dubai Marina area, known for its high demand and strong rental market. Here are some investment opportunities available at 23 Marina Tower:
- Payback rates: The payback rates for 23 Marina Tower units, particularly the three-bedroom apartments, can reach up to 8%.
- Golf views: These units are in high demand and can provide significant returns on investment.
- Spacious unit: Investing in a spacious unit at 23 Marina Tower can offer great returns. These units are in high demand and can generate a high rental income.
Rental and Sale Insights
Market Trends
23 Marina Tower in Dubai Marina is a prime location for luxurious and spacious living spaces. The tower has a variety of apartments available for rent and sale, ranging from 2 to 4 bedrooms. As of March 2024, the rental prices for 2-bedroom apartments at 23 Marina Tower start at AED 178,000 per year, while 3-bedroom apartments are for AED 234,000 per year.
The market trends for 23 Marina Towers show that the rental prices have remained relatively stable over the past 12 months. The tower has a high occupancy rate, with only a few vacant units available for rent. The apartments on higher floors are in high demand due to their stunning views of the Dubai Marina.
Price Comparisons
23 Marina Tower is a luxurious residential building with modern European interiors. The prices for apartments in 23 Marina Tower are competitive compared to other luxury residential buildings.
Here are some price comparisons for two and 3-bedroom apartments in 23 Marina Tower:
- 2-Bedroom Apartment, 1,615 sq. ft.: AED 178,000 per year
- 3-Bedroom Apartment, 2,146 sq. ft.: AED 235,000 per year
The prices for apartments in 23 Marina Tower will change depending on the unit’s location, floor, and view. Some of the apartments in the tower are chiller-free, which means that the air conditioning costs are in the rent.
Terms and Conditions
Rental Agreements
When renting a property in 23 Marina Tower, Dubai Marina, tenants must sign a rental agreement outlining the terms and conditions of the lease. Some of the critical points that tenants should be aware of include:
- The duration of the lease is typically 12 months.
- The amount of rent due each month.
- Any restrictions or limitations on the use of the property, such as rules regarding pets or smoking.
- The tenant’s obligations include keeping the property clean and well-maintained.
- The obligations of the landlord include providing necessary repairs and maintenance.
Sale Contracts
When purchasing a property in 23 Marina Tower, Dubai Marina, buyers must sign a sale contract outlining the terms and conditions of the sale. Some of the key points that buyers should be aware of include:
- The payment schedule consists of the down payment amount and any subsequent payments.
- Any restrictions or limitations on the use of the property, such as rules regarding renovations or alterations.
- The obligations of the buyer include obtaining necessary financing and insurance.
- The seller’s obligations include providing necessary disclosures and completing necessary repairs.
When renting or buying a property in 23 Marina Tower, Dubai Marina, tenants and buyers can expect high quality and luxury. Some of the features and amenities that may be available include:
- Chiller-free units can help tenants and buyers save on utility costs.
- Unfurnished units allow tenants and buyers to customize their living space to their tastes and preferences.
- Well-kept common areas and landscaping contribute to a pleasant and attractive living environment.
- Available units will be ready for occupancy soon, allowing tenants and buyers to move in quickly and easily.
Frequently Asked Questions
What are the rental rates for units in 23 Marina Tower?
- Rental rates for units in 23 Marina Tower vary depending on the size and type of apartment.
- As of March 2024, the rental rates for a one-bedroom apartment start at AED 120,000 per year, while a four-bedroom duplex can cost around AED 800,000 per year.
- It is important to note that rental rates are subject to change and may vary depending on the current market conditions.
How does 23 Marina Tower compare in height with other skyscrapers in Dubai Marina?
- 23 Marina Tower is one of the tallest residential buildings in the world, standing at 392.8 meters (1,289 feet) tall with 88 floors.
- As of 2022, it is the fourth tallest building in Dubai and the sixth tallest residential building in the world.
- Its height provides residents with spectacular views of the Dubai Marina, the Emirates Golf Club, Sheik Zayed Road, Dubai Media, and other landmarks.
Can I find a floor plan for 23 Marina Tower?
- Yes, floor plans for 23 Marina Tower are available on the developer’s website and other real estate websites.
- The tower comprises 2, 3, and 4-bedroom apartments and duplexes, each equipped with its private elevator.
- The floor plans provide detailed information on the layout and dimensions of each unit, allowing prospective buyers or tenants to make informed decisions.
What amenities are available to residents of 23 Marina Tower?
- 23 Marina Tower offers a wide range of amenities catering to its residents’ needs.
- The tower has 57 swimming pools, a gymnasium, a sauna, a steam room, a jacuzzi, and a children’s play area.
- Other amenities include 24-hour security, covered parking, and concierge services.
What is the history and age of 23 Marina Tower?
- 23 Marina Tower was completed in 2012 and is relatively new compared to other skyscrapers in Dubai Marina.
- The tower has won several awards for its unique design and innovative features.
How can one access the location map of 23 Marina Tower?
- The location map of 23 Marina Tower is available on various real estate websites and online maps.
- The tower is located in Dubai Marina, a bustling waterfront community in Dubai, and is easily accessible by car or public transportation.
- The tower is next to a metro station and the Emirates Golf Club, offering convenient access to other parts of the city.
