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2022 Power 100: Rahail Aslam

Construction Week - June 10, 2022

Multi-disciplinary real estate development and investment company, Select Group’s Rahail Aslam, successfully retains his place in our Power 100 list this year.

Under Aslam’s leadership, Select Group proactively approached the design of a group’s land bank and successfully secured the last available plot on Palm Jumeirah’s West Crescent. Aslam led the team of architects, interior designers and project managers to deliver Six Senses Residences The Palm, Dubai from concept and design, to launching the project in the market, to initiating construction work in under eight months.

Aslam established Select Group in the UAE in 2002, going on to deliver leading resdiential projects such as the iconic Torch Tower and the purpose-built, fully owned 328-key InterContinental Dubai Marina.

In the past 12 months, Select Group launched the master waterfront community Peninsula and has sold 3 out of 4 towers within weeks of launching them into the market. Led by Aslam, the developer launched ultra-luxury living in Dubai with the launch of Six Senses Residences The Palm, Dubai, making it the group’s most elevated and sort-after branded development.

In addition to new real estate developments, Aslam has led Select Group’s investment arm with the sale of GymNation to UK giant JD Sports LTD. A project that has seen continuous growth since it was first incubated in 2018 and has become a primary case study for the group’s investment portfolio.

In March of this year, Select Group announced the launch of its 49-storey Peninsula Three in Business Bay, the first community-focused waterfront development in the area. The project is set to be completed by 2025 and will offer residents edgy and elevated urban living.

Since its inception, Select Group has delivered over 7,000 units, with another 5,000 units in the pipeline, GDV of over $5.4bn and includes Six Senses Residences, 98 Baker Street, and the waterfront master development, Peninsula.

With the successful launch of the new developments as well as the successes within its investment portfolio, Select Group has seen double-digit growth in the last 12 years and expects this trend to continue over the coming 12 months.