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Select Group Launches Sale of Jumeirah Living Marina Gate

Yahoo Finance - March 7, 2017

yahooDUBAI, United Arab Emirates–(BUSINESS WIRE)–Select Group, one of the region’s largest private real estate developers, has launched the sales of Jumeirah Living Marina Gate.

Select Group signed an agreement with Jumeirah Group, a global hotel company and a member of Dubai Holding, in January 2016, to manage 508 units within Marina Gate under its Jumeirah Living brand. Located in the heart of Dubai Marina, Jumeirah Living Marina Gate is the third, and last tower within the luxury Marina Gate development. Offering residents a unique opportunity for a curated lifestyle, this exclusive development will include 104 serviced apartments, 389 private residences and 15 villas.

Shafi Syed, Chief Development Officer, Jumeirah Group said, “We are delighted to introduce Jumeirah Living to the Marina Gate development. 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 this design-led development will enjoy state-of-the-art amenities, including a temperature controlled infinity pool, an open-air paddle tennis court, dual-level gymnasium with the latest fitness and audio visual equipment, and a residents’ lounge.

Announcing the sale, Group Chief Executive Officer, Rahail Aslam said, “Jumeirah Living Marina Gate embodies Jumeirah’s customer service ethos and commitment to excellence. The property’s impressive architecture and unparalleled views of the 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.”

Conveniently located near the tram and metro stations, and with easy access to other forms of public transportation, the development aims to combine the comforts of home with luxury hotel refinement and the service philosophy of Jumeirah, which currently operates 21 properties worldwide. A guest relations team, including concierge, security and housekeeping; seamless integration of private and public areas where residents can relax and socialize; and, direct access to the scenic Marina walk providing numerous opportunities to residents for leisure activities, such as, dine-in restaurants, five star hotels, coffee shops and several retail outlets are some of the curated lifestyle amenities that distinguish this development from the rest.

Construction has commenced and enabling works are nearing completion. Prices range from AED 1.5 million to over AED 16 million, with a payment plan of 70% upon completion.

Jumeirah Living Marina Gate is expected to be completed in Q4 2019.

Source: http://finance.yahoo.com/news/select-group-launches-sale-jumeirah-050500446.html

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