Dubai’s property market is on the verge of an unprecedented boom. Analysts predict record-breaking home prices in 2024. With a 35% surge in transactional volumes, the market is buzzing with activity. Off-plan properties are particularly hot, with sales skyrocketing by 73%. Thanks to this momentum, many view Franck Muller Aeternitas Tower as a top investment in the thriving market.
While the prices of mid-tier properties and apartments have risen significantly, luxury properties have seen staggering appreciation. In the luxury segment, prices have appreciated up to 23%. Areas like Dubai Marina, Business Bay, Arabian Ranches, and Dubai Hills Estate are in high demand.
Let’s explore whether investing in Aeternitas Tower in Dubai Marina is truly worthwhile.
Dubai Marina Offers Staggering Returns
Dubai Marina remains a high-demand area, attracting investors with rising property prices and rental rates. According to Reidin data, the average sale price for off-plan properties at the start of 2024 was AED 2,551 per square foot. Likewise, the average rent for new rentals was AED 114.6 per square foot.
Transaction prices averaged AED 2,851 per square foot, with an average transaction value of AED 4.33 million. Impressively, sale prices per square foot increased by 35.86% from May 2022 to May 2024. Meanwhile, rental prices per square foot appreciated by 33.33% in the same period.
This price increase is driven by high-net-worth individuals seeking luxury lifestyles and family-friendly communities. These figures underscore the lucrative investment potential in the Dubai Marina.
About Franck Muller Aeternitas Tower
Franck Muller Aeternitas Tower is a landmark collaboration between Swiss watchmaker Franck Muller and Dubai developer London Gate Developer. Upon completion, it will become the world’s tallest branded residential clock tower. Its exquisite design and iconic clock face will redefine the Dubai skyline.
The tower meets the high demand for new properties in Dubai Marina, where land for development is limited. Aeternitas Tower offers investors and homebuyers the unique opportunity to invest in branded residences. Wondering if that’s enough reason to invest in a unit? Let us tell you why you need to act now.
Investment Potential of Franck Muller Aeternitas Tower
The Dubai real estate market is performing exceptionally well. Property prices in top districts will only rise. Now is the perfect time to invest in an off-plan branded residential project at competitive rates.
Investing in Franck Muller Aeternitas Tower means you can reap profits between 15% and 30% in the near future. This return is three times more than the average return in other cities. Here’s a graph showcasing the performance of off-plan properties in Dubai Marina over the past five years.
Aeternitas Tower Unit Information
All one-bedroom units sold out at launch. Available options include 2-bedroom plus maids and 3-bedroom apartments, along with limited Sky Villas and Mansions. The 2- and 3-bedroom units boast spacious layouts, luxurious interior design, and high-quality finishing.
On the other hand, the Sky Villas and Mansions are on the tower’s topmost levels. These units offer unique, customizable interior design options and are infused with Franck Muller’s signature sophistication.
The exquisite villas are spread over two floors and feature four bedrooms, a private pool, an elevator, a dedicated bar by the pool, and a seating area. The open kitchen includes a large marble island, a stunning dining area, and storage rooms.
However, the highlight of these units is the breathtaking and unrestricted views of Dubai Marina, Ain Dubai, JBR Beach, Palm Jumeirah, and the Montgomerie Golf Course.
Price Range of Available Properties
Apartments start at AED 2.8 million, while Sky Villas start at AED 16.1 million.
Why Invest in Franck Muller Aeternitas Tower?
Franck Muller Aeternitas Tower offers branded residences with bespoke interiors and top-notch amenities at a prime location in Dubai Marina. It features a branded concierge, in-house chef, valet, and other services.
The tower promises significant capital appreciation even before handover. Contact One Broker Group, the exclusive sales partner, for more details.
The data shows that branded residences in the UAE offer the highest returns across the GCC region. This fact alone makes the Franck Muller Aeternitas Tower an irresistible off-plan opportunity.
Practical Considerations
If you really want to maximize your investment potential, you should weigh some practical considerations before you engage an agent.
- Budget Planning: Assess your financial capacity and investment objectives.
- Market Research: Stay informed about the new trends and forecasts in Dubai’s real estate market.
- Exclusive Sales Partner: Buying from an exclusive sales partner ensures no additional agent commission.
- Post-Purchase Management: Consider property management aspects post-investment. One Broker Group excels in this area.
What is the Buying Process?
Here’s the blueprint for acquiring a unit at one of Dubai’s most prestigious off-plan properties.
- Initial Consultation: Contact an agent at One Broker Group, the exclusive sales partner, to discuss your investment goals.
- Property Viewing: Schedule a visit to the experience center and see the show apartment in person to witness the quality and craftsmanship yourself.
- Understanding Payment Plans: Explore the various payment options available for the project. Understand the down payment requirements and payment plan.
- Legal Formalities: Ensure all legal procedures are followed for a smooth transaction.
Investing in the Aeternitas Tower offers a unique opportunity in Dubai Marina’s thriving property market. So, don’t let this excellent opportunity slip through your hands.