Skyview Tower is a residential complex in the northeast of Dubai Marina, within a 5-minute walk from The Walk at JBR, a promenade famous for boutiques and dining venues, and within a 10-minute walk from white sandy beaches. The tower is surrounded by skyscrapers, cafes and retail stores. Residents can enjoy stunning views of the Arabian Gulf, the promenade and a marina. The complex was built by Halcon Real Estate. Construction of the project was completed in 2010.
Skyview Tower offers 189 residences, which include studios, 1–4 bedroom apartments and 3-4 bedroom penthouses with areas ranging from 455 sq. ft to 4,377 sq. ft.
As of Q3 2023, the initial price of a 1-bedroom apartment in Skyview Tower is AED 1.3M (USD 354K). The cost of a studio is AED 900K (USD 245K).
Skyview Tower is the perfect choice for families with children, single professionals and businessmen wishing to emerge into resort-like living. Within walking distance, you will find a large selection of nurseries, schools, entertainment activities, two well-maintained beaches and iconic landmarks. Residents of the development will easily get to Dubai Media City, Business Bay and Downtown Dubai, where the business districts and attractions are concentrated.
Real estate in Skyview Tower is a profitable investment tool which will bring you passive income. The average annual rent for a 1-bedroom furnished apartment here is AED 105K (USD 29K) per year. The ROI in this type of property in Dubai Marina is 8 %. A 4-bedroom apartment can be rented out from AED 320K (USD 87K) annually, with a rental yield of 9.4 %.
Buying a residence in Skyview Tower enables you to apply for a residence visa. Spending over AED 750K (USD 204K) will let you get a 2-year investor visa. Owners of residences valued at AED 2M (USD 545K) and above can get a 10-year Golden Visa for themselves, their families and household staff.