Distress Deal: 3BR Skyview Tower Dubai Marina | AED 2.5M | AED 300K Below Market | Marina & Sea View

3-Bedroom Apartment for Sale in Skyview Tower, Dubai Marina — AED 300,000 Below Market Entry Price

A motivated seller is offering their 3-bedroom apartment in Skyview Tower, Dubai Marina at AED 2,500,000 — AED 300,000 (10.7%) below the current market entry price of AED 2,800,000, and AED 500,000 (16.7%) below the average deal price of AED 3,000,000 for comparable 3BR apartments in the building. At AED 1,557 per sq ft on 1,606 sq ft with marina and sea views, the buyer enters at a significant discount to the community average of approximately AED 2,600 per sq ft across Dubai Marina. This is a ready, completed, freehold secondary market apartment — Skyview Tower was completed in 2011 by Halcon Real Estate and has been fully operational for over a decade. No off-plan risk, no construction timeline, immediate DLD title deed transfer on MOU signing, and full mortgage eligibility through UAE banks.

Property Highlights

• Building: Skyview Tower by Halcon Real Estate
• Location: King Salman Bin Abdulaziz Al Saud Street, Dubai Marina, Dubai, UAE
• Unit Type: 3-Bedroom Apartment
• Size: 1,606 sq ft
• View: Marina and Sea view
• Parking: 1 covered space included
• Asking Price: AED 2,500,000
• Market Entry Price (3BR Skyview): AED 2,800,000
• Market Average Deal (3BR Skyview): AED 3,000,000
• Saving vs Market Entry: AED 300,000 (10.7%)
• Saving vs Market Average: AED 500,000 (16.7%)
• Price Per Sq Ft: AED 1,557 (Dubai Marina avg: ~AED 2,600/sqft)
• Status: Ready — Completed 2011, Immediate Transfer
• Developer: Halcon Real Estate
• Floors: 32 storeys (4 parking + 27 residential)
• Ownership: Freehold — all nationalities eligible
• Golden Visa: Eligible — exceeds AED 2,000,000 threshold
• Listing Reference: SKYVIEW-DM-3BR-001

About Skyview Tower and Dubai Marina

Skyview Tower is a 32-storey residential building in Dubai Marina, completed in June 2011 by Halcon Real Estate. Construction started in February 2008 with the National Engineering Bureau as architectural consultant and TAV Construction as the main contractor. The tower comprises 189 residential units across studios, 1, 2, 3, and 4-bedroom apartments, along with 3 and 4-bedroom penthouses and 6 duplex apartments. All units have balconies or terraces. The building sits on King Salman Bin Abdulaziz Al Saud Street, directly adjacent to Habtoor Grand Resort and Le Royal Meridien Beach Resort & Spa — placing it in the premium hotel and waterfront belt of Dubai Marina.

Dubai Marina is one of Dubai’s most internationally recognised and liquid real estate markets — a 3.5-kilometre man-made canal waterfront district lined with 200+ residential towers, 5-star hotels, the vibrant Dubai Marina Walk, and JBR Beach. The community consistently delivers strong rental demand from international professionals, tourists, and corporate tenants, with 3BR apartments among the most sought-after family configurations in the district.

Dubai Marina — Community & Lifestyle

• JBR Beach and The Walk at JBR — Dubai’s most popular open-air lifestyle destination — are within a 5–10 minute walk from Skyview Tower
• Dubai Marina Mall (160+ retail outlets, dining, cinema) is an 8-minute walk
• Dubai Marina Tram stop is within the immediate vicinity, connecting to the Dubai Metro Red Line (DMCC Station)
• Habtoor Grand Resort and Le Royal Meridien Beach Resort & Spa are immediately adjacent, offering fine dining, spas, and nightlife
• Skydive Dubai is approximately 8 minutes away; Ain Dubai (Bluewaters Island) is approximately 5 minutes
• Dubai Marina Yacht Club and multiple waterfront dining promenades are within walking distance
• Dubai Marina has recorded approximately 16% year-on-year price appreciation (PropertyFinder data), with over 7,000 rental transactions per year — one of Dubai’s most active and liquid residential markets

Amenities

• State-of-the-art gymnasium and health club
• Swimming pool
• Sauna, steam room, and jacuzzi
• Spa facility
• BBQ area
• Children’s play area
• 6 ground-floor retail outlets including restaurant, café, salon, and supermarket
• Covered parking (4 podium parking floors)
• 24-hour security and CCTV surveillance
• High-speed elevators
• All units include balconies or terraces with Marina or sea views

Layout & Floor Plan

The 3-bedroom apartments in Skyview Tower are 1,606 sq ft and typically include a master bedroom with en-suite bathroom, two additional bedrooms, a total of 5 bathrooms, a living and dining area, a fitted kitchen, a maid’s room, and 2 balconies. The exact unit number, floor, view orientation, room-by-room floor plan, and maid’s room configuration for this specific distress unit are available on request from the listing agent quoting reference SKYVIEW-DM-3BR-001.

Transaction Costs for the Buyer

This is a completed, ready secondary market transaction. The buyer pays AED 2,500,000 at DLD transfer. DLD transfer fee: 4% = AED 100,000. Trustee/conveyancing: ~AED 4,200. Total indicative all-in: approximately AED 2,604,200. Agency fees of 2% + VAT apply separately. As a ready, freehold, completed building with an established DLD title deed, this unit is eligible for UAE bank mortgage financing at up to 75–80% LTV, subject to CBUAE guidelines and bank approval. Full cost breakdown on request.

Location & Connectivity — Dubai Marina

• JBR Beach / The Walk JBR: ~5–10 min walk
• Dubai Marina Mall: ~8 min walk
• Dubai Marina Tram: Nearby stop
• DMCC Metro Station (Red Line): ~15 min walk / 5 min drive
• Ain Dubai / Bluewaters Island: ~5 min drive
• Palm Jumeirah: ~8 min drive
• Mall of the Emirates: ~12 min drive
• Downtown Dubai / Burj Khalifa / Dubai Mall: ~20 min drive
• Dubai International Airport (DXB): ~25–30 min drive
• Al Maktoum International Airport (DWC): ~25 min drive
• Via Sheikh Zayed Road (E11) and King Salman Bin Abdulaziz Al Saud Street

Why This 3BR Is Worth Buying Now

• AED 300,000 below market entry — AED 500,000 below average deal: The seller is motivated and priced to move. At AED 1,557/sqft against a community average of ~AED 2,600/sqft, the buyer has immediate built-in equity versus the Dubai Marina benchmark
• Ready, title-deeded, mortgage-eligible: No off-plan risk, no construction waiting period. The building has operated successfully for 14+ years. Mortgage financing available from day one reduces the cash entry requirement significantly
• Premium Dubai Marina address — adjacent to 5-star hotels: Skyview Tower sits in the hotel and leisure strip of Dubai Marina, directly next to Habtoor Grand Resort and Le Royal Meridien. The location drives consistent above-market rental demand from hotel guests, corporate tenants, and short-stay visitors
• Marina and sea view — premium rental driver: 3BR apartments with marina and sea views in Dubai Marina consistently command higher rents than city-view equivalents. The view premium supports both above-market annual rents and stronger resale positioning
• Dubai Marina 16% YoY price growth: The market is still appreciating. Entering at AED 1,557/sqft — well below the community average — positions the buyer to benefit from continued capital appreciation
• 10-year UAE Golden Visa: At AED 2,500,000 the purchase exceeds the AED 2M threshold for a 10-year Golden Visa covering the buyer, spouse, children, and domestic staff

Frequently Asked Questions (FAQs)