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Tue 22 Jan 2019 02:10 PM

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Handover begins at $141m Dubai Marina waterfront project

Developer Select Group announces start of handover of 223 units at No.9 Dubai Marina

Handover begins at $141m Dubai Marina waterfront project
No.9 features 1, 2, 3 bedroom apartments and a limited number of duplex penthouses.

Select Group, a real estate investment and development company headquartered in Dubai, has begun handover of a waterfront project in the emirate.

No.9 in Dubai Marina, which has a gross development value of AED520 million ($141.5 million) and built up area of 500,000 square feet, is spread over 34 floors with a total of 223 units.

No.9 features 1, 2, 3 bedroom apartments and a limited number of duplex penthouses.

Commenting on the handover, Rahail Aslam, Group CEO Select Group, said: “We are pleased to handover yet another tier one development in Dubai Marina. With premium finishes and facilities, the owners of No.9 are set to enjoy excellent returns on their investments.

"The vibrant location of the development with easy access to multiple public transportation options, close proximity to JBR beach and neighbouring five star hotels, make No.9 an ideal investment for both occupiers and landlords.”

With 10,300 homes, Select Group is one of the largest private developers in the region and No.9 is the second development handed over by the developer in 2018.

The first tower in the group’s flagship development The Residences at Marina Gate was completed earlier in the year with the second tower scheduled for handover in 2019.