The developer Select Group is one of the largest construction firms in the UAE and was established back in 2002, and specializes in residential and commercial premises, as well as retail, hotel and multifunctional real estate projects. The international firm has more than 750 employees and conducts construction in Persian Gulf countries and Europe. In 2018 Select Group was awarded the title of the best real estate developer in the Middle East according to Forbes.
Select Group is also engaged in successful investment activities in the field of real estate. Its main projects in the UAE include a 20-floor tower from Emaar – Marina Tower, a 9-storey residential building in Dubai Studio City – The Hive, and Gym Nation locations. The company also invests in European countries with projects such as land in Ciovo; Croatia, Ballochmyle Estate in Scotland, Velocity Tower in the UK and many more.
Charity is another vector of the Select Group company’s activity. The charitable activities include emergency medical care, assistance for natural disasters and scholarships for students from underdeveloped countries. Select Group invests in the following charitable foundations: Al Jalila Foundation UAE, SOS Children’s Village Pakistan, Dubai Cares UAE, Save the Children India, Christie Charity UK and many others.
Select Group has received several awards in recent years, including:
The CEO of the company Rahail Aslam was noted in the following publications:
Select Group has built several large buildings over the past few years. Even with the Covid-19 pandemic and the difficult situation in the global real estate market, continuing its developments has not become a hindrance for the company.
In 2020, the construction of the Jumeirah Living Marina Gate residential complex in the Dubai Marina area was completed. The development includes 389 premium residences and 15 gorgeous villas. Due to the partnership with the Jumeirah Group company, which is one of the best known companies in the global luxury hotel business, the residents of the complex have access to a room cleaning service and registration for the Jumeirah-Jumeirah One Loyalty Programme. In addition, the amenities include a fitness room with a sauna, temperature controlled infinity pools for adults and children, close proximity to the marina and stunning views of the embankment.
Studios and 1, 2 and 3-bedroom apartments are still available for sale. The minimum cost of a studio with an area of 613 sq. ft is AED 1,580,000 (USD 430,200).
Another popular project from the developer is a residential 30-storey high-rise building in Dubai Marina – Studio One. The complex consists of 410 studios and apartments with 1 and 2 bedrooms. At the moment, the complex is ready as construction was completed in 2019. Studio One is aimed at young and busy individuals with amenities such as a modern gym with sauna and steam room, round-the-clock security, and a temperature-controlled swimming pool overlooking the marina as well as much more.
The minimum cost of a 1-bedroom apartment with an area of 710 sq. ft starts from AED 1,025,000 (USD 280,000).
The West Avenue residential complex, the Botanica residence with tropical gardens, and The Royal Oceanic private residence were also built under the guidance of the Select Group development company.
The construction of the 15 Northside project in the Business Bay area was launched in February 2021 and will be completed in the fourth quarter of 2022. The project is a 21-storey building with 349 apartments overlooking the Dubai Canal. This residential complex is suitable for both investors and young professionals who want to live in the heart of the business center in Dubai.
15 Northside offers apartments with 1, 2, 3 and 4 bedrooms with living area varying from 365 sq. ft to 3,143 sq. ft. Starting prices for a 1-bedroom apartment with an area of 549 sq. ft constitutes AED 960,000 (USD 261,400).
The Dubai real estate market is showing good growth rates, despite the difficult economic situation after the Covid-19 pandemic. Sales volume in August 2021 increased by 136.5% in Dubai compared to the same period last year.
The developer Select Group is not only steadily completing its projects in Dubai and Europe, but also has big plans for the future as well. For example, the company acquired a land plot with an area of 3.3 million sq. ft in Business Bay which is 50% larger than the plot in Dubai Marina. Eight towers will be located in the new area. The first of the buildings will have 30-35 floors and the new main head office of the company will be located here. According to the master plan, construction will begin in the near future and new buildings will be launched within intervals of 6-9 months.
According to CEO Rahil Aslam, the development of the Dubai Marina area is almost completed. For this reason, Select Group plans further development of the Business Bay district in 2021. The company plans not only vertical buildings, but also horizontal developments with recreation areas and parks.
Select Group has big plans for one of the last undeveloped sites on Palm Jumeirah, which the company acquired jointly with Emirates Strategic Investments Company in May 2021. The CEO of the company believes that it is necessary to focus on the ultra-luxury segment in real estate. The start of construction on Palm Jumeirah is planned for the end of the year and the approximate completion time will be in 3 years. They plan to build a house and a boutique hotel on an area of approximately 215,278 sq. ft.
Select Group cooperates with the following world-famous brands: Radisson Blu, Emirates Strategic Investments Company, Ibis Hotels, InterContinental, Jumeirah Group and many others.
Sign up for our weekly newsletter for market updates!