Aeternitas Tower: London Gate's High-Ceiling Bet on Dubai Marina
Aeternitas is a residential tower in Dubai Marina, developed by London Gate. It offers apartments, duplexes, and villas within one of Dubai's most established waterfront districts. Construction started in December 2023, with handover targeted for June 2027.
Dubai Marina at This Price Point
Dubai Marina sits on a 3.5-kilometre artificial canal, flanked by The Walk, JBR Beach, and direct metro access at two stations. For residents, that means a beach, restaurants, and the tram within walking distance. Professionals working in Media City or JLT have a short drive in either direction.
Buying at this price tier in the Marina puts you among a narrower set of projects.
What the Price Range Actually Means
Pricing runs from AED 9.7 million to AED 18.9 million. That spread is nearly double at the top versus the bottom, and it reflects the unit mix rather than a single product type.
The lower end starts with 4-bedroom duplexes at around 2,723 sq ft, priced from AED 9.7M. The upper end reaches 5-bedroom duplexes at 4,048 sq ft, priced at AED 18.9M. The 1, 2, 3, and 5-bedroom apartments and the villas in the mix land at various points across that range.
The buyer at AED 9.7M is looking for a large-format duplex in a premium Marina address, with meaningful capital committed up front. The buyer at AED 18.9M wants the largest available unit in the building and has the liquidity to carry 60% at handover.
Unit Types and Who They Suit
| Property Type | Bedrooms Available |
|---|---|
| Apartment | 1BR, 2BR, 3BR, 5BR |
| Duplex | 4BR, 5BR |
| Villa | 4BR |
The apartment options cover a range of buyer profiles, from smaller households needing a lock-up-and-leave in a premium location, to larger families wanting full-floor or high-floor layouts. Duplexes suit buyers who want the feel of a house with the services of a tower. The villa category, rare inside a Marina tower, targets buyers who want private living without leaving the building's infrastructure.
The Amenity Stack
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Well-being and Fitness, Tennis Courts |
| Outdoor & Leisure | Landscaped Gardens, Barbecue Area, Beach Club |
| Food & Service | Restaurants, Valet Parking, Covered Parking |
The Beach Club stands out. A dedicated beach club as part of the building's own amenity set positions this differently for buyers who want that access baked into their service charge. Valet parking and in-building restaurants point at a full-service lifestyle product. The amenity set reads as catering to residents who prefer everything within the building rather than stepping out for it.
Completion Timeline and What It Means Now
Construction began in December 2023. Completion is expected in June 2027, roughly 25 months from today. For an off-plan buyer entering at this stage, you are past the construction start, which removes some early-stage development risk, but you are still carrying the project for over two years before keys.
Getting In on 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 30% |
| Handover | 60% |
The down payment here is AED 970,000 at the minimum price, rising to AED 1.89M at the top of the range. The structure back-loads heavily: 60% falls due at handover in mid-2027. That is a significant capital event. Buyers financing through a mortgage need to have that handover payment planned well in advance.
The structure suits buyers who want to preserve liquidity now and can manage the handover obligation in 2027, whether through savings, a sale of another asset, or a mortgage arranged closer to completion.