Construction work on third tower of Marina Gate development has commenced, with enabling work nearing completion
Select Group, the Dubai-based property developer, has announced the launch of sales for Jumeirah Living Marina Gate.
In January 2016, the developer signed an agreement with Jumeirah Group, a global hotel company and a member of Dubai Holding, to manage 508 units within the Marina Gate project being built in the Marina area of Dubai.
Jumeirah Living Marina Gate is the third, and last, tower being built for the development, and it will offer investors 104 serviced apartments, 389 private residences and 15 villas.
“We are delighted to introduce Jumeirah Living to the Marina Gate development,” said Shafi Syed, chief development officer of Jumeirah Group. “The Jumeirah Living brand has been instrumental in unlocking value in high-quality, mixed-use developments around the world. Jumeirah hospitality is synonymous with attention to detail, service excellence and lifestyle luxury, and we look forward to bringing all of this to Dubai Marina.”
Residents of the design-led development will have access to an infinity pool, sports facilities, a gymnasium and a residents’ lounge.
“The property’s impressive architecture and unparalleled views of Marina waterfront will be a key attraction for residents, and proven standards of service offered by Jumeirah will set it apart from other properties in the area. With Dubai enjoying strong real estate growth, this is a viable, long-term investment option for our customers,” added Rahail Aslam, group chief executive of Select Group.
Located near tram and metro stations, and with easy access to other public transportation, the development aims to combine residences with luxury hotel services from Jumeirah Group. Along with a guest relations team and round-the-clock security and housekeeping, the development will have ‘seamless integration of private and public areas’, the developer added.
Construction on the project has commenced, and enabling works are nearing completion. Prices for the units range from $408,396 to $4.35 million, with a payment plan of 70% upon completion.
Completion of the project is expected in Q4, 2019.