Select Group
Company History
Select Group is a large private developer in Dubai, known for its good reputation in the UAE market and building projects for buyers from 62 countries. Founded in 2002, Select Group quickly rose to become a top developer in Dubai under the leadership of its founder, Rahail Aslam, who prioritized quality and functionality in its projects. As a result, the developer has received numerous prestigious awards, including the Real Estate Tycoon Award and the Best Real Estate Companies award from Forbes.
As of 2023, Select Group's portfolio includes around 2 million square meters of luxury real estate with a GDP exceeding $4.5 billion. The developer is also actively expanding its hotel business, supporting diversification and growth of internal departments.
Thorough financial planning, regular technical inspections, and careful asset management ensure Select Group's stable scalability. The company's internal policy allows for the identification and implementation of the most profitable real estate projects.
The developer works with reliable suppliers and uses certified materials in its projects. Consistency and working with trusted partners at all stages of construction ensure the high quality of each built property.
Cost of Renting and Buying Property
One of Select Group's most significant and promising investment projects is Marina Gate, a micro-district located in Dubai Marina. Marina Gate consists of two residential towers and one hotel tower with apartments.
The cost of renting a one-bedroom apartment in Marina Gate is AED 85,000 per year, and the average sale price of a one-bedroom apartment is AED 1.8 million. A two-bedroom apartment can be rented for AED 145,000 to AED 185,000 per year or purchased for AED 2 million. Rent for a three-bedroom apartment costs AED 190,000 per year, while the sale price ranges from AED 3 million to AED 4.2 million.
It is also possible to buy a 4BR block for AED 6-12 million. Marina Gate's real estate offerings also include villas, with prices for 4-bedroom villas ranging from AED 10 million to AED 12 million.
Developer's projects
Select Group has built many commercial and residential complexes in the UAE, Saudi Arabia, England, and other European countries. Some of the most popular and well-known projects by the developer include:
- Marina Gate - a residential micro-district located in Dubai Marina. It includes three towers with hotel and residential apartments.
- The Torch - an 84-story tower in Dubai Marina with great views.
- The Hive in Dubai Studio City - a 9-level, 2-block complex consisting of 200 residential units, fitness centers, shops, and a rooftop pool.
- Marina Tower - an impressive 32-story tower that was acquired by Select Group from developer Emaar in 2013. The complex consists of 1-3 bedroom apartments (some of which have separate outdoor jacuzzis).
- Six Senses - a new project by the developer with innovative architecture and impressive historical design. The complex includes penthouses, two-level villas, and signature seafront apartments with a unique view.