We investigate theoretically the magnetoplasmon (cyclotron) resonance in a hybrid system consisting of spatially separated two-dimensional layers of electron and dipolar exciton gases coupled via Coulomb forces. We study the dynamics of this system under the action of a weak alternating external electromagnetic field in the presence of a uniform magnetic field, perpendicular to the layers. We reveal that the electromagnetic power absorption exhibits a double-resonance spectrum. We show that the first resonance is associated with the conventional well-studied magnetoplasmon excitations of the electron gas and it has a standard Lorentzian shape, whereas the second resonance is a peculiarity attributed to the Bose-condensed exciton gas. Further, we explicitly demonstrate that the spectrum of the system exhibits an asymmetric Fano-type profile, where the excitonic peak is extremely narrow in comparison with the magnetoplasmon one. We show that the shape of the resonance and the position of the peaks depend on the magnitude of the applied magnetic field, exciton-condensate density, and exciton-impurity scattering time. In particular, the Fano profile turns into a Lorentzian shape with decreasing exciton-impurity scattering time and the position of the plasmon-associated resonance is mainly sensitive and determined by the magnetic field strength, whereas the exciton-condensate peak position is determined by the exciton-condensate density. It opens the experimental possibility to determine the latter quantity in cyclotron resonance experiments.