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New Marina tower launched

26.04.2015
New Marina tower launched
The residential tower will feature 279 apartments in total, ranging from 1 to 3 bedrooms, as well as 4 bedrooms, duplex apartments, townhouses and penthouses.

Abu Dhabi-based Bloom Properties has launched its new Stella Maris tower project at Dubai Marina with construction set to start by the end of June.

Onsite work is expected to start in the first half of 2015 and will extend through a 30-month period, said Bloom, the property and lifestyle development arm of National Holding.

According to an Arabian Business report, the residential tower will feature 279 apartments in total, ranging from 1 to 3 bedrooms, as well as 4 bedroom duplex apartments, townhouses and penthouses.

Each townhouse and penthouse will have an independent terrace and swimming pool, whereas luxury penthouses will feature large bedrooms with a panoramic view of the Marina. The self-contained building will also offer a health club, steam room, sauna, kids room, cinema, games room, meeting space and outdoor swimming pools.

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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

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Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
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From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management