25% Share | Excellent Investment | Ready Q1 2024

• $ 231,608
• 231,536
• 3.53069
• 231,608

AX CAPITAL Real Estate is proud to offer an opportunity to own a 25% share in this luxury hotel studio located at the head of Dubai Marina. Ciel Tower will be the world’s tallest hotel &amp an iconic landmark in Dubai’s skyline.

Property Details:

– Hotel Studio w/ bathroom
– BUA: 347 sq ft.
– High floor
– Stunning view
– Built-in wardrobe
– Fully served apartment
– High ROI, hassle-free investment managed by the hotel
– Developer: The First Group

Height: 365 meters (1,198 feet)
Units: The development will contain an estimated 1,042 units.
Estimated Handover Date: May-June 2024

Amenities will include an all-day dining restaurant, food &amp beverage facilities, health club, luxury spa, rooftop infinity pool and terrace. Designed by award-winning London-based architect NORR Group, Ciel received awards for Best International Hotel Architecture, Best Hotel Architecture Arabia &amp Best High-rise Architecture Arabia, at the 2019 International Property Awards.

Ciel stands 365 meters high, making it the world’s tallest hotel.
The project is energy efficient, using 25% less power for air conditioning than is typical for similar buildings. In October 2022, the developer announced that Ciel will be a fully-operated hotel and there will not be any serviced apartments. The hotel operator has not yet been decided.

Ciel Tower has many schools nearby including Emirates International School Meadows at 2.8 km and Regent International School at 3.0 km.

Commute times by car:
21 minutes to drive to Dubai Mall, 12 minutes to Palm Jumeirah, 17 minutes to Burj Al Arab, and 10 minutes to The Walk JBR.

Airport proximity:
Dubai International Airport (DXB) is roughly 29 minutes’ drive and the new Al Maktoum International Airport is roughly 35 minutes’ drive.

Amenities

• Central A/C & Heating
• Balcony
• Lobby in Building