Stella Maris Tower is the tallest building in the western part of Dubai Marina. The tower is located just a few minutes' walk from The Walk promenade and Marina Beach. The complex stands out not only for its impressive size but also for its art-deco-inspired design with clean lines and the abundant use of glass. The tower was developed by Scope Investment and construction was completed in the second quarter of 2022.
Properties available include apartments with 1-3 bedrooms, 4-bedroom duplexes, penthouses, and townhouses. The sizes of these residences range from 829 sq. ft to 9,849 sq. ft.
In the third quarter of 2023, the starting price for a 1-bedroom apartment in Stella Maris Tower is AED 2.3M (USD 626K). The price for a townhouse is AED 12.5M (USD 3.4M).
Stella Maris Tower is appealing to young families, families with children, and active professionals. It is conveniently located near the business district of Business Bay and Downtown Dubai with its major attractions. Dubai Marina offers a wide selection of preschools, educational institutions, entertainment options, well-maintained beaches, and iconic landmarks.
This complex is a favourable option to invest and generate passive income through both long-term and short-term rentals. The average annual rental cost for furnished 1-bedroom apartments is AED 165K (USD 45K), with an ROI of 7 %.
Purchasing property in Stella Maris Tower allows for the issuance of a residency visa. Buying property starting from AED 750K (USD 204K) enables you to obtain a two-year visa. Owners of residences valued at AED 2M (USD 545K) or above can apply for a Golden Visa, which is valid for 10 years.