Select Group was founded in Dubai in 2002 by British businessman Rahail Aslam, who still leads the enterprise. He entered the construction business from the IT sector, earning funds for investments in distributing computer equipment in European countries.
Currently, Select Group is one of the largest private developers in Dubai in terms of both number of projects and financial indicators. The company has an impressive investment portfolio that includes real estate in UAE, UK, Germany, and Croatia, several hotels, and extensive commercial areas.
By now, Select Group has completed 13 projects and handed over ownership of over 7,000 properties, as well as launching the same number of projects again, with two complexes being built in London. The company's high-quality properties have been recognized in the UK, where Select Group received prestigious awards for East Midland Developer of the Year and RIBA East Midlands Award. Forbes magazine has awarded the company the title of best developer in the Middle East several times, and these are just some of the recognized achievements of Select Group.
The company debuted as the general developer of the Peninsula waterfront residential area in Business Bay, successfully completing all necessary infrastructure work and beginning construction on the buildings.
Penthouse and villas
186 - 1 356 sq. m.2
One of Select Group's largest and most prominent projects is the multifunctional complex, The Residences at Marina Gate, built in the prestigious coastal area of Dubai Marina. The project has been awarded numerous awards, including the title of Best Condominium of 2021 by the International Property Awards.
The complex consists of three high-rise buildings on the first line of the canal, connected by a huge 7-story podium. It accommodates several infinity pools with adjustable temperature, gyms, spa centers, children's and sports playgrounds, aqua zones for toddlers, and other premium infrastructure elements. More than 9,000 sq. m of space on the lower levels is dedicated to shops, restaurants, clinics, and salons. And the 24/7 concierge service provides first-class service to residents.
The complex includes more than 1,300 objects and offers an amazing variety of residences: studios, 1-3 bedroom apartments, penthouses, including those that occupy an entire floor. The complex also has two-level villas with spacious terraces, originally integrated into the podium structure.
In addition to stunning views of the canal and surrounding skyscrapers, the project can boast a convenient location. Right at the entrance is a yacht dock and the famous Dubai Marina Walk begins. Bus and tram stops are a five-minute walk away. And from Sheikh Zayed Road, the red line metro station, and the bridge leading to the beaches and popular JBR locations, the complex is just a few blocks away.
The combination of a successful location in a popular tourist area, high transport accessibility, and premium amenities ensures high demand for buying and renting property in The Residences at Marina Gate. ROI for apartments in the complex reaches 6.8%, which corresponds to the maximum figures for Dubai Marina. Rental prices in this area have increased by 39% over the past year.
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