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Select Group finalizing the third tower of the Marina Gate project

05.09.2017
Select Group finalizing the third tower of the Marina Gate project

Situated in the heart of Dubai Marina, the Jumeirah Living Marina Gate building will be the third and final element of the Marina Gate project.

Scheduled for completion in Q4 of 2019, the third tower of the Marina Gate project by the developer Select Group is already taking shape. A month ago, the company awarded a contract for construction of Jumeirah Living tower to the ALEC construction firm. The contract value was USD435.6 million (AED1.6 billion).

This grandeur mixed-use project in Dubai’s most sought-after by investors in Dubai real estate, as well as end buyers, area of Dubai Marina offers exceptional opportunities for picking residential, hospitality and retail properties exactly matching even most sophisticated needs. The 2B+G+M+8P+48+R Jumeirah Living Marina Gate tower, with 12ha (1.3 million ft2) built-up area, will include 104 serviced apartments, 389 private residences and 15 villas.

The impeccable managing service will be provided by the world-renowned managing company Jumeirah Living, the hospitality brand of Jumeirah Group, which is part of the Dubai Holding.

The scenic podium levels in all three buildings will house a retail colonnade, villas and sports clubs coupled with tree-lined communal spaces and infinity pools to complete the contemporary facade.

The residents will have a 24/7 direct access to spectacular dual level gymnasium overlooking the Marina, championship level, illuminated squash and paddle tennis courts, full-sized basketball court, 9 high-speed elevators with a dedicated service elevator, together with usual concierge and security services with integrated CCTV coverage and ample parking, retail units and restaurants.

And all this is added to the unique advantages provided to all Dubai Marina residents through its state-of-art infrastructure units: five-star hotels Grosvenor House, Marriott and Westin, the most popular among Dubai residents Marina Walk promenade and the best transport access to all other Dubai areas.

Today, IMEX Real Estate has the opportunity to provide you with exclusive services for selection and buying any property unit in Jumeirah Living Marina Gate. If you are interested in any nuances about the project, feel free to contact our managers and get answers to any questions.

Latest Availability
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6,800,000
Ref.No: AP1113
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3,003 ft2
2,264 AED/ft2
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8,200,000
Ref.No: AP972
3BR Apt
3,750 ft2
2,187 AED/ft2
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2,350,000
Ref.No: AP670
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1,308 ft2
0 AED/ft2
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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

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

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