Property

Asteco to sell units at Stella Maris Tower in Dubai Marina

Real estate consultancy named exclusive sales agent for Bloom Properties project

PHOTO: The 52-storey residential block is set to feature 313 units. Credit: Supplied

Asteco says it has been appointed to sell apartments at the Stella Maris Tower in Dubai Marina, a development by Abu Dhabi-based Bloom Properties.

The real estate consultancy said in a statement it is the exclusive sales agent for the tower.

The 52-storey residential block is set to feature 313 one, two and three-bedroom apartments plus four-bed duplexes, townhouses and penthouses. It has a scheduled completion date at the end of 2018.

“Units at the Stella Maris Tower are available on a three-year payment plan, which, combined with the highly desirable location, underscores an attractive pricing structure for investors to add to their current property portfolio or as a more manageable step onto the Dubai real estate ladder,” said Sean McCauley, agency director at Asteco Property Management.

Prices for the apartments start at AED 1.2 million ($327,000) for a one-bedroom unit, AED 2.1 Million for two bedrooms and AED 3.8 million for a three-bedroom home. These units range in size from 700 to 2400 square feet, Asteco said. 

The 12 four-bedroom duplexes start at AED 5.1 million ($1.4m), while the six townhouses start at AED 4.8 million, Asteco said.

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