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Mon 18 Nov 2019 07:50 PM

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Developer begins handover of $136m Dubai Marina project

UAE-based Select Group starts handover of its premium urban development Studio One

Developer begins handover of $136m Dubai Marina project

With a gross development value of AED500 million ($136 million), the development is spread over 31 floors with a total of 400 units.

Select Group, the UAE-based developer, has begun handover of its premium Studio One project in Dubai Marina.

With a gross development value of AED500 million ($136 million), the development is spread over 31 floors with a total of 400 units. 

It offers studios, one bedroom apartments and a select number of two bedroom residences, plus a swimming pool and ground level shops.

“Studio One is a development that appeals to a wide segment of society including value-driven young professionals aiming to buy their first home or savvy investors targeting high rental returns. The combination of its prime urban location within Dubai Marina, premium build quality, superior finishes and attractive price point make this the ideal investment for customers.” said Rahail Aslam, founder and CEO of Select Group.

The handover of Studio One marks Select Group's 14th development within Dubai Marina, he added.

Select Group’s portfolio includes 20 million square feet of property with a combined value in excess of AED17 billion.