Overview of Dream Tower 1
Dream Tower 1 is a high-rise residential building in the luxurious Dubai Marina in the United Arab Emirates. The tower is part of The Dream Towers complex and was developed by Desert Dream Investment and Development in 2007. It is a popular choice for both locals and expatriates seeking a comfortable and luxurious lifestyle.
Location
Dream Tower 1 is in Dubai Marina, one of Dubai’s most sought-after neighborhoods. The area is known for its stunning sceneries of the Arabian Gulf along the city’s skyline. Dubai Marina is home to many luxury buildings, including Dream Tower 1, which offers its residents a prime area and access to numerous amenities.
Apartments
Dream Tower 1 features one and 2-bedroom apartments, making it a suitable choice for small families, couples, and singles. The tower offers lavish common rooms, private lobbies, and high-end fixtures that provide ultimate privacy and luxury. The apartments are spacious and well-designed, providing a comfortable living space for residents.
Amenities
The tower offers various amenities, including a gym, pool, and play area for kids. Residents may enjoy a healthy and active lifestyle without leaving the building. Additionally, the building has 24-hour security, ensuring the safety and security of its residents.
Conclusion
Dream Tower 1 is an excellent choice for those searching for a grand lifestyle in Dubai Marina. The tower offers comfortable living spaces, a prime location, and various amenities that cater to residents’ needs. Its prime area and easy access to various amenities make it a popular choice for locals and expatriates.
Location and Accessibility
Dream Tower 1 is in the heart of Dubai Marina, one of Dubai’s most sought-after residential areas. The tower is located on Al Seba Street, which is accessible from Sheikh Zayed Road, one of the main highways in Dubai.
Proximity to Metro
For those who prefer public transportation, the Dubai Marina Metro Station is just a 10-minute walk from Dream Tower 1. The metro provides easy access to other parts of Dubai, such as Downtown Dubai and Dubai International Airport.
Nearby Amenities
Dream Tower 1 is near several amenities, including:
- Public Parks: The area has several public parks, including Al Ittihad Park and Emirates Golf Club Park. These parks offer various activities, such as walking trails, picnic areas, and playgrounds for children.
- Beach Waves Supermarket: This supermarket is just a few minutes from Dream Tower 1 and offers various groceries and household items.
- Marina Walk: This popular promenade is located just a short walk from Dream Tower 1 and offers various restaurants, cafes, and shops.
- Marina Mall: This shopping mall is located just a 5-minute drive from Dream Tower 1 and offers various high-end shops and entertainment options.
Overall, Dream Tower 1 presents a lavish site in Dubai Marina, with access to various amenities and public transportation options.
Property Details
Apartment Types
Dream Tower 1 offers one and 2-bedroom apartments that are spacious and well-lit. The units are available in sizes ranging from 678 sqft to 1,200 sqft. The apartments have large windows that provide natural light and inspiring views of the Dubai Marina. Some of the apartments have balconies that offer additional space for relaxing and enjoying the view.
Penthouse Features
Dream Tower 1 has penthouses that are luxurious and spacious. The penthouses are available in 2-bedroom configurations and are located on the high floors of the building. The penthouses offer a huge balcony that provides a panoramic view of the Dubai Marina. The balconies are perfect for hosting parties and entertaining guests.
Building Specifications
Dream Tower 1 is a high-rise building developed by Desert Dream Investment and Development in 2007. The building has various amenities like a gym, pool, and play area for kids. The apartments are fully furnished and chiller-free, making them comfortable. The building also enjoys 24-hour security and maintenance services, ensuring residents feel safe and secure.
Some additional features of Dream Tower 1 include:
- Bright and cozy apartments that are perfect for families or individuals
- Low-floor and high-floor apartments available, catering to different preferences
- Fully furnished apartments, making it easy for residents to move in and start living comfortably
- Chiller-free apartments, ensuring that residents do not have to pay for cooling
- Balconies in some of the apartments provide additional space for relaxation and enjoyment.
Overall, Dream Tower 1 is an excellent choice for those looking for comfortable and luxurious living in the heart of Dubai Marina.
Amenities and Services
Fitness and Relaxation
- Dream Tower 1 offers residents a well-equipped fitness center and gym. The gym is open 24/7, providing residents with the flexibility to work out at any time.
- The tower also features a rooftop pool, where occupants may relax while they take in the beautiful views of the Dubai Marina.
- For families with children, a play area is designed for kids to enjoy and have fun.
Security and Safety
- Dream Tower 1 ensures the safety and security of its occupants by providing 24-hour security services.
- CCTV cameras are installed throughout the tower to monitor the premises and guarantee the safety of residents.
- The tower features a secure lobby area, which requires access through a keycard or a security code.
- Elevators are also secured with access control systems, ensuring only residents and authorized personnel can access the floors.
Maintenance and Support
- Dream Tower 1 offers residents various maintenance and support services.
- The tower has a dedicated maintenance team available 24/7 to address residents’ issues or concerns.
- Laundry services are also available, making it convenient for residents to get their laundry done without leaving the building.
- Cleaning services are provided to ensure that the tower and its amenities are always clean and well-maintained.
Overall, Dream Tower 1 offers various services that cater to the needs of its residents. From fitness and relaxation to security and maintenance, the tower ensures residents have a comfortable and convenient living experience.
Investment Potential
Dream Tower 1 in Dubai Marina offers great investment potential for investors looking for high ROI. Here are some factors that make it an attractive investment opportunity:
Rental Yield and ROI
Dream Tower 1 is a high-rise residential building with one and 2-bedroom apartments. The tower offers various amenities like a gym, pool, and play area for kids. The tower’s location in Dubai Marina, with the popular shopping destinations of Dubai Marina Mall and The Walk just a 10-minute walk from the project, makes it attractive for renters.
Investors can expect a high net ROI of 6.25% to 8% by investing in Dream Tower 1. The rental yield is also high, with tenanted apartments generating a good rental income.
Property Value Trends
Dream Tower 1 is a well-maintained property with a good record of property value appreciation. The property value has steadily increased over the years, making it an attractive investment option for long-term gains.
Here are some main points to contemplate:
- Dream Tower 1 is a well-established property with a proven record of property value appreciation.
- The property value has steadily increased over the years, making it an attractive investment option for long-term gains.
- The tower’s location in Dubai Marina, with the popular shopping destinations of Dubai Marina Mall and The Walk just a 10-minute walk from the project, makes it an attractive location for renters.
- Investors can expect a high net ROI of 6.25% to 8% by investing in Dream Tower 1.
- The rental yield is also high, with tenanted apartments generating a good rental income.
Investors looking for a good deal should consider Dream Tower 1 in Dubai Marina a great investment opportunity.
Residential Life
Dream Tower 1 offers a luxurious residential experience in the heart of Dubai Marina. The tower has a range of amenities catering to its residents’ lifestyle needs. In this section, we will explore the community and lifestyle, pet and smoking policies of Dream Tower 1.
Community and Lifestyle
Dream Tower 1 is a family-friendly community that offers various activities and amenities for residents of all ages. The tower is located in Dubai Marina, known for its vibrant and cosmopolitan lifestyle. Residents can enjoy the inspiring views of the marina and the sea from their apartments.
The tower has a range of facilities catering to its residents’ lifestyle needs. These include a gym, pool, and play area for kids. The gym has the latest fitness equipment and is open 24 hours a day. The pool is great for a refreshing swim, and the play area is ideal for kids to have fun and make friends.
Pet and Smoking Policies
Dream Tower 1 has a strict no-smoking policy in all apartments and common areas. This policy is in place to ensure the health and safety of all residents. Smoking is only permitted in designated smoking areas.
Pets are allowed in Dream Tower 1, but certain restrictions exist. Residents can keep one small pet in their apartment, provided they follow the tower’s pet policy. The pet policy includes guidelines on pet care, behavior, and hygiene. Pets must be kept on a leash outside the apartment, and owners are responsible for cleaning up after their pets.
Dream Tower 1 offers a luxurious residential experience in Dubai Marina. The tower is a family-friendly community that offers various activities for residents of all ages. The tower has a strict no-smoking policy, and pets are allowed with certain restrictions.
Buying and Booking Process
Dream Tower 1 is a high-end residential tower found in the heart of Dubai Marina. If you are interested in buying or renting a property in this luxurious tower, here is what you need to know about the buying and booking process.
Ownership Transfer
To buy a property in Dream Tower 1, you must follow the ownership transfer process. This process involves the transfer of ownership from the seller to the buyer. It is important to note that the transfer process can take several weeks to complete, so it is important to be patient.
Rental Booking
To rent a property in Dream Tower 1, you can easily book one online. Here is what you need to know about the rental booking process:
- Get Notified: First, you need to visit a reputable real estate website and sign up for notifications on available properties in Dream Tower 1.
- Booking Confirmation: Once you find a property that suits your needs, you can book it online by providing your details and payment information. You will receive a booking confirmation via email.
- Check-In: You must present a valid ID and a booking confirmation copy on your check-in day. The property management team will provide you with the keys to your property and a brief orientation of the building’s facilities.
- Check-Out: On your check-out day, you must return the keys to the property management team and settle any outstanding bills.
- Occupancy: The occupancy of each property in Dream Tower 1 is limited to the number of people specified in the property description. It is important to adhere to this limit to avoid any fines.
- Fine Print: It is important to read your rental agreement’s fine print to avoid misunderstandings. Some properties in Dream Tower 1 may restrict smoking, pets, or parties.
Overall, the buying and booking process for Dream Tower 1 is straightforward. Whether you are looking to buy or rent a property in this luxurious tower, you can expect a hassle-free experience.
Developer Information
Dream Tower 1 was developed by Desert Dream Investment and Development in 2007. It is part of The Dream Towers complex, which consists of two towers, Dream Tower 1 and Dream Tower 2. The original developer of the complex was Al Seef Investments.
Here are some key points about the developers and the development:
-
- Desert Dream Investment and Development is a real estate development company based in Dubai. They have worked on several projects in the city, including the Dream Towers complex.
- Al Seef Investments is a subsidiary of Emaar Properties, one of the largest real estate developers in the Middle East. Emaar Properties is known for developing several iconic projects in Dubai, such as the Burj Khalifa and the Dubai Mall.
- The Dream Towers complex is located in Dubai Marina, a popular residential and commercial area in Dubai. It comprises 35 towers that can house up to 15,000 people on a 1.7km stretch between Dubai Marina and the sea.
- Dream Tower 1 is a 37-story tower with 1- and 2-bedroom apartments. The tower has various amenities like a gym, pool, and play area for kids.
On the other hand,
- Dream Tower 2 is a 29-story tower with studios and 1, 2, and 3-bedroom apartments. The tower has amenities like a fitness center, a heated outdoor pool, and an Internet café.
Overall, the developers of Dream Tower 1 and the Dream Towers complex have a good reputation in Dubai’s real estate industry. They have delivered several successful projects in the city, and their developments are known for their quality and amenities.
Policies and Regulations
Rental Policies
Dream Tower 1 has specific rental policies that guests must adhere to during their stay. Below are some of the rental policies:
- Guests must provide a valid ID and a credit card upon check-in.
- The minimum age for check-in is 18 years old.
- Guests must follow the check-in and check-out times. Early check-in and late check-out are subject to availability and additional fees.
- Guests must inform the property before their expected arrival time.
- The maximum number of guests allowed per room is as follows:
- One-Bedroom Apartment: 2 adults and one child (up to 12 years old)
- Two-Bedroom Apartment: 4 adults and two children (up to 12 years old)
Additional Fees and Charges
Dream Tower 1 may charge guests additional fees during their stay. Below are some of the additional fees:
- Security deposit: AED 2,000 (USD 544) per stay
- Tourism fee: AED 20 (USD 5.45) per accommodation per night
- Cleaning fee: AED 200 (USD 54) per stay
- Extra bed: AED 100 (USD 27) per night
It is important to note that all fees are susceptible to change without prior notice. Guests are advised to check with the property for the latest information.
Dream Tower 1 has strict policies regarding parties and events. The property does not allow parties or events in the apartments. Any violation of this policy may result in eviction without a refund. The property also has an age restriction policy. Guests must be 18 or older to stay on the property without a parent or a legal guardian.
Regarding cancellation and prepayment policies, guests must check the specific policies for their reservation. These policies may vary depending on the room type, rate, and stay dates. Guests are advised to read the policies carefully before making a reservation.
Overall, Dream Tower 1 has established policies and regulations to ensure a comfortable and hassle-free stay for its guests.
Frequently Asked Questions
What are the average rental prices in Dream Tower 1?
- The average rental prices for a 1-bedroom apartment in Dream Tower 1 are around AED 70,000 to AED 90,000 per year.
- For a 2-bedroom apartment, the average rental prices range from AED 100,000 to AED 120,000 per year.
Can you provide a review summary for Dream Tower 1?
- Dream Tower 1 is a high-rise residential building located in Dubai Marina.
- It features one and 2-bedroom apartments with various amenities like a gym, pool, and play area for kids.
- Residents have praised the tower’s location, which is close to the beach and various restaurants and shops.
- However, some residents have reported issues with maintenance and parking.
How does Dream Tower 1 compare with Dream Tower 2 in terms of amenities?
- Dream Tower 2 is a newer building and features more modern amenities compared to Dream Tower 1.
- While both towers have a gym, pool, and play area, Dream Tower 2 also has a sauna and steam room.
- Dream Tower 2 also has more parking spots for residents.
What are the sale price trends for apartments in Dream Tower 1?
- The sale prices for apartments in Dream Tower 1 have remained relatively stable over the past few years.
- As of 2024, the average sale price for a 1-bedroom apartment is around AED 1.2 million, while a 2-bedroom apartment can cost around AED 2 million.
What types of floor plans are available in Dream Tower 1?
- Dream Tower 1 features one and 2-bedroom apartments.
- The 1-bedroom apartments range from 800 to 1,000 square feet, while the 2-bedroom apartments range from 1,200 to 1,500 square feet.
What facilities and services does Dream Tower 1 offer residents?
- Dream Tower 1 offers a range of facilities and services to its residents, including a gym, pool, and play area for kids.
- The tower also has 24-hour security and maintenance services.
- Residents can enjoy stunning views of Dubai Marina and the surrounding areas from their apartments.
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