Description:

The Jewels 14 BR PenthouseSize 9076 sq ftPrice 11,999,999 AED net to the ownerFor Inquiries, please call Nikita :Mobile 1: +971 55 889 1197Mobile 2: +971 55 319 4215Phone : +971 4 360 5561Email : ceo@mpd.aewww.mpd.aeRERA : 27626We have more than 280 properties here in Dubai Marina CALL US NOW FOR MORE DETAILS!About The Jewels:Master Community: Dubai MarinaProperty Types Available: ApartmentsLocation: Sheikh Zayed RoadStatus: ReadyYear Launched: 2005Year Completed: 2007Developer: Cayan Property DevelopmentArchitect: RMJM DubaiContractor: EL-Seif Engineering Contracting Co. Ltd. (ESEC)Title Type: FreeholdQuality Classification: High-endLife Cycle: MatureReady Buildings: 2Ready Apartments: 120Floors: 20Maintenance Fee: 16The Jewels is a two-tower residential development by Cayan Property Development (who also have developed the Infiniti Tower, Dorrabay and Silverene Towers in Dubai Marina). Both towers are 20 storeys tall and have a combined total of 120 apartment units.Positives:Dorrabayenjoys one of the best accesses of any building inDubai Marina. Easy entrance and exit through the bridge which connects Sheikh Zayed Road toDubai MarinaJBR.Amenities:24-hour Front Desk24-hour SecurityConciergeConference RoomsJacuzziSwimming PoolAbout Dubai Marina:Property Types Available: Apartments, Offices, Hotels, Hotel Serviced ApartmentsLocation: Sheikh Zayed RoadStatus: Ready, Under ConstructionYear Launched: 2003Developer: Emaar TitleType: FreeholdLife Cycle: MatureSpecial Classification: Water-front CommunityDubai Marina is fast reaching a stage of maturityDubai Marina is the most popular place to rent or buy a home in Dubai. It consistently ranks number 1 in terms of real estate searches and number of properties available for sale and rent on various property finder portals.Whilst the Palm Jumeirah and Downtown Burj Dubai might be more spectacular developments, the Marina is the real symbol of new Dubai having tens of thousands of expatriate white collar professionals, business people, holiday makers, retirees and other high net-worth individuals.The facts are well known. This project has the worlds largest man-made Marina and the current 100 odd completed buildings are built around this infrastructure. It appears that over 90% of the plots available for development have been completed; the community has matured and there are few projects under-construction.The current population estimate of Dubai Marina is between 55 70,000 residents and this has caused a strain on the infrastructure of the development. While residents of the buildings are provided between one and two parking spots, there is severe shortage of parking for visitors and there are quite a few traffic choke points during rush hours and weekends. With a few new buildings between 80 100 stories being handed over recently, we can only expect these problems to be exacerbated.This is, however, a common problem faced now across Dubai as the citys population expands and these trends are hardly any different from any other major metropolis around the world.The Dubai tramline is now a reality and it will be interesting to see how this transforms the community's fabric. A state of the art tram system through this bustling community will add more character - and will certainly start creating new realities on the way we judge value in this community.The last few months have seen new project launches such as the Sparkle Towers or the Marina Gate project located in what was probably the best remaining lot in the Marina.Classifying the residential buildings by qualityIn the sub-communities section, there is a list of all the buildings in Dubai Marina which you can filter using certain criteria (height, quality, status etc.). In the Performance and Property Types section, you can track prices and other indicators over a period of time.In order to deliver as accurate a picture of the pricing of real estate in the area, we have classified the residential buildings by quality and given them a tag of either 'Mid-end, 'High-end', 'Luxury' or Ultra-Luxury.Examples of Mid-end buildings:Marina Diamond 1 - 6Manchester TowerMarina WharfMarina CrownMarina Park & Marina PearlARY MarinaZumurudExamples of High-end buildings:Iris BlueTrident buildingsMarina TerraceThe TorchPrincess TowerOcean HeightsMarina HeightsExamples of Luxury Buildings:Emaar First Six Towers (Marina Towers)Marina PromenadeUltra-Luxury building:Address Dubai MallPositives:Symbol of new Dubai. Quality of life expanded by luxury community feel. Lots of retail and recreation activity.Community is very mature, very few buildings under-construction or planned for the future. Most of the plots have been built up.PROPERTY FEATURES:-Balcony-Basement parking-Broadband ready-Broadband ready-Built in wardrobes-Central air conditioning-Covered parking-Driver's Room-Fully fitted kitchen-Gymnasium-Kitchen white goods-Maid's room-Marble floors-On high floor-Sauna-Shared swimming pool-Steam room-View of sea/water-Children's nursery-Children's play area-Metro station-Public parking-Public transport-Restaurants-Shopping mall-Shops