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January 7, 2019updated 11 Jan 2019 9:45am

Engel & Völkers launches final phase of Sparkle Towers project in UAE

German real estate brokerage Engel & Völkers has launched the final phase of Sparkle Towers luxury residential project in Dubai, UAE, owned by real estate development company Tebyan.

German real estate brokerage Engel & Völkers has launched the final phase of Sparkle Towers luxury residential project in Dubai, UAE, owned by real estate development company Tebyan.

Engel & Völkers has been selected as an exclusive sales agent to launch the project’s final phase with a total cost of $205m.

The Sparkle Towers project is located in Dubai Marina and offers one, two and three-bedroom apartments, as well as two four-bedroomed penthouses.

It is designed as a twin-tower development containing 29 and 14 storeys respectively.

The towers are connected by a four-floor residential podium and comprise 373 exclusive luxury apartments and penthouses.

“What makes this development unique is our partnership with the global luxury brand Swarovski.”

Tebyan managing director Mohamed Abdullah Faraj said: “What makes this development unique is our partnership with the global luxury brand Swarovski, the incredible sea and marina views from every apartment, and a contracted handover in less than four months.”

“Moreover, Sparkle Towers has an enviable location, just two minutes’ walk from the beach, as well as close proximity to a host of shopping, dining and entertainment attractions in JBR and Dubai Marina.”

Faraj added that the project is close to tram and metro stations and has access to Sheikh Zayed Road.

The project will have a marble entrance, a crystal decorated lobby and common areas designed by Austrian crystal company Swarovski.

The apartments and penthouses will have marble and ceramic flooring, granite countertops, as well as crystal encrusted apartment number plates. The building façade will feature more than 1,500 lights.

Residents of the development can also have access to a fitness centre and spa, swimming pools, separate men’s and women’s Jacuzzis and saunas, as well as a dedicated residents lounge.

Outdoor recreational spaces include landscaped gardens, a children’s splash park and a play area.

Engel & Völkers CEO Matthew Bate said: “With prices starting at AED845,000, the value for money aspect is exceptional, given the quality of build, location, panoramic views and of course the project’s partnership with Swarovski makes the investment proposition crystal clear.”

Sparkle Towers is expected to be completed in the first quarter of this year.

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