KG Tower is located near the bustling and well-appointed Marina Beach in Dubai Marina. Standing at a height of 65 metres, this complex stands out among the other skyscrapers in Dubai Marina. It features a white and blue colour scheme with balconies of irregular shapes, resembling the silhouette of a ship.
The tower was constructed by KG International FZCO, with the architectural design by Atkins Dimensional Engineering. The construction of the complex was completed in 2007.
Available for sale are apartments with 2 to 4 bedrooms ranging in size from 1,593 sq. ft to 3,724 sq. ft.
In the second quarter of 2023, the starting price for a two-bedroom apartment in KG Tower is AED 1.3M (USD 354K). The cost of three-bedroom apartments is AED 2.5M (USD 680K).
KG Tower is popular among families with children, young couples, and working professionals due to its economic attractiveness. Its proximity to the central areas of Dubai, numerous preschools and educational institutions, entertainment venues, well-maintained beaches, and attractions make it highly desirable.
This complex is an advantageous option for investment and generating passive income through long-term rentals. The initial cost of annual rent for two-bedroom apartments is AED 105K (USD 29K), and the ROI is 7%.
Purchasing property in KG Tower allows owners to obtain one of the possible residential visas. Owners with a property value starting from AED 750K (USD 204K) can obtain a two-year visa. Owners with a property value of AED 2M (USD 545K) can apply for a Golden Visa with a validity period of 10 years.