Ciel Tower Dubai Marina — project image
✓ Resale Available

Ciel Tower Dubai Marina

From AED 3.30M·Completed Feb 2023·Developer payment plan available Payment
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AED 3.30M
Starting Price
Feb 2023
Handover
Developer payment plan available
Payment Plan
Studio · Apartments
Type

Project Overview

Ciel Tower Dubai Marina is an amazing ultra luxury development by The First Group, located in the heart of Dubai Marina. The development is an 82-tower development with 1-4 bedroom apartments and offers a luxurious lifestyle, combining the conveniences of a modern urban lifestyle with the beauty of the waterfront. Residents can enjoy strolls along the Marina or Jumeirah Beach while relaxing and taking in the beautiful views. Inside the tower, there are also many amenities such as a children's playground, gym, swimming pool, restaurants with a variety of culinary offerings and tranquil public areas. One of the main features of Ciel Tower Dubai Marina is the strikingly unique architecture that makes the tower a neighbourhood landmark. The facades are contemporary in style and the glass panels reflect the sun's rays, making the building a true architectural work of art. Located in the heart of Dubai Marina, Ciel Tower Dubai Marina is surrounded by many famous landmarks, including: Palm Jumeirah, Skydive Dubai and The Walk JBR. DIFC, Al Maktoum International Airport and Dubai International Airport are all within a 20-minute drive radius. Ciel Tower Dubai Marina is the ideal location for those seeking a luxurious and fulfilling lifestyle in the epicentre of the city's hustle and bustle.

Project Specifications
DeveloperThe First Group
LocationDubai Marina
Unit TypesStudio, Apartments
AreaDubai Marina
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 142,395 / year
Cash-on-Cash
2.2%
Levered cashflow AED 33,495
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.52M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from The First Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Kids Play Area
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Ciel Tower Dubai Marina by The First Group

02

Located in Dubai Marina

03

Starting from AED 3,300,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Feb 2023

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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