Studio One  

Studio One by Select Group is a high-rise building located in the periphery of Dubai Marina which offers studio, 1 and 2 bedroom apartments. The project was launched in September 2016 and delivery is scheduled for 2018.

Property Types Available: Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: December 2018
Developer: Select Dubai
Title Type: Freehold
Quality Classification: High-end
Height Classification: High-rise
Life Cycle: Under Construction
Special Classification: Water-front Community
Under-Construction Apartments: 240
Floors: 31

Studio One Dubai Marina Investment Guide

 Published on Sep 30 2016   8,633 Views

 Source: LOOKUP.AE

 Category: Investment Guide

A reputable developer, attractive starting prices and a terrific payment plan. Studio One Dubai Marina is launching in the first week of October, 2016

Studio One - a brand new project in Dubai Marina launching on 1st of October.

Studio, 1 and 2 bedroom apartments. Prices from AED 575,000. 1 Beds from AED 900,000 and 2 Beds AED 1,349,000. Call +971-50-7086765 to learn more.

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About Studio One

Property Types & Sizes

Studios: starting prices of AED 575,000. Sizes of 360 - 502 sq. ft.

1 Bedrooms: starting prices from AED 900,000. Sizes of 591 - 723 sq. ft.

2 Bedrooms: starting prices from AED 1,350,000. Sizes of 996 - 1100 sq. ft.

Payment Plan:

Pay 10% down

Pay 10% after 6 months

Pay 10% after 12 months

Pay 70% on handover

Update on October 5th, 2016

Small studios of 301 sq. ft. are sold out.

Larger studios of 502 sq. ft. are available - prices from AED 740 - 820,000

Smaller 1 Bedrooms of are available, 591 sq. ft. - prices from AED 950,000 - 1,050,000

Large 1 Bedrooms are available, 723 sq. ft - prices from AED 1,000,000 - 1,100,000

Investors are attracted to this product because of potentially high rental returns (between 8 - 9%) and the fantastic payment-plan (the best payment-plan available for any major residential development along Sheikh Zayed Road.

Sales Report & Feasibility

- Studio One offered an exceptional payment-plan and price entry. Sales were rapid.

- Launch prices ranged from AED 1,500 - 1,700 per sq. ft.

- Studio One is one of the last major residential developments to be launched in Dubai Marina. The developer has an exceptional track-record within Marina itself, having developed prominent projects like Botanica, Torch, Bay Central etc. The building comprises mainly of studio and one bedrooms; and the payment-plan is extremely user friendly.

- Studio and one bedroom units will offer rental yields exceeding 8% per annum and we expect about 25 - 30% capital growth by completion.

Project Completion Status (as per DLD): 10.05% (as of Oct 5, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 122

Project Number: 1776

Real Estate Developer: SELECT GLOBAL DEVELOPMENT

Trust Account Number: 001582066630901

Account Trustee Name: Dubai Islamic Bank

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of Studio One

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