Demand for Dubai Marina seen surging

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dubai-marinaUK-headquartered property investment consultancy Select Property has announced that it has sold 90 per cent of a Dh500 million project called No.9 on Dubai Marina in just four weeks for UAE developer Select Group.

There are more than 200 one, two and three-bedroom apartments as well as several penthouses in the development which have been sold off-plan to investors around the world who are eager to reserve a property on the Marina where space is at a premium. The project brings the group’s total number of sales in the region up to more than 5,500 in iconic developments including The Torch, The Point, Yacht Bay, Botanica, Bay Central Towers, West Avenue and The Royal Oceanic.

Select Property’s central role in the success of these prominent schemes has led to it becoming renowned as Europe’s largest seller of UAE property. It has also embarked on a joint venture with Select Group called Pacific in Ras Al Khaimah, which is currently 75 per cent sold-out.

The company’s strategy has been to specialise in property on Dubai Marina but it is now diversifying into the highly sought-after Business Bay and Downtown areas where demand is mounting due to the growing infrastructure and increasing population. To this end, it is actively in talks with major developers in the region with the view to form long-term sales partnerships.

Select Property has had a sales hub in Dubai since 2005 and it has recently relocated to new, larger offices signifying its continuing prosperity in the Emirate. It also has offices in Manchester, London and Singapore, with 85 employees worldwide.

The company has been primarily working with specialist developer Select Group since 2004, for which it has branded, marketed and sold all the individual properties. Alongside this, it has also launched a UK development business called Vita Ventures and has an established re-sales division.

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Reading Time: 1 minute

UK-headquartered property investment consultancy Select Property has announced that it has sold 90 per cent of a Dh500 million project called No.9 on Dubai Marina in just four weeks for UAE developer Select Group.

Reading Time: 1 minute

dubai-marinaUK-headquartered property investment consultancy Select Property has announced that it has sold 90 per cent of a Dh500 million project called No.9 on Dubai Marina in just four weeks for UAE developer Select Group.

There are more than 200 one, two and three-bedroom apartments as well as several penthouses in the development which have been sold off-plan to investors around the world who are eager to reserve a property on the Marina where space is at a premium. The project brings the group’s total number of sales in the region up to more than 5,500 in iconic developments including The Torch, The Point, Yacht Bay, Botanica, Bay Central Towers, West Avenue and The Royal Oceanic.

Select Property’s central role in the success of these prominent schemes has led to it becoming renowned as Europe’s largest seller of UAE property. It has also embarked on a joint venture with Select Group called Pacific in Ras Al Khaimah, which is currently 75 per cent sold-out.

The company’s strategy has been to specialise in property on Dubai Marina but it is now diversifying into the highly sought-after Business Bay and Downtown areas where demand is mounting due to the growing infrastructure and increasing population. To this end, it is actively in talks with major developers in the region with the view to form long-term sales partnerships.

Select Property has had a sales hub in Dubai since 2005 and it has recently relocated to new, larger offices signifying its continuing prosperity in the Emirate. It also has offices in Manchester, London and Singapore, with 85 employees worldwide.

The company has been primarily working with specialist developer Select Group since 2004, for which it has branded, marketed and sold all the individual properties. Alongside this, it has also launched a UK development business called Vita Ventures and has an established re-sales division.

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