Select Group
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About the Company
Select Group is a major construction company in the UAE, founded in 2002. They focus on building homes, offices, shops, hotels, and other types of buildings. With over 750 employees, they work not only in the Arabian Gulf region but also in Europe. In 2018, Forbes named Select Group the best real estate developer in the Middle East.
Investment Activity
Apart from construction, Select Group is also active in real estate investments. In the UAE, they have worked on projects like the 20-story Marina Tower by Emaar, The Hive residential building in Dubai Studio City, and Gym Nation outlets. They also invest in Europe, with projects like land in Ciovo, Croatia, Ballochmyle Estate in Scotland, and Velocity Tower in the UK, among others.
Charitable activity
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.
Awards
elect Group has received several awards in recent years, including:
- Luxury Lifestyle Awards 2021 – award for the best developer of luxury real estate.
- Arabian Property Awards 2019-2020 – award for building No.9 Dubai Marina in the category “Residential high-rise development”.
- Property Awards Dubai 2018-2019 – Marina Gate I residence won in the nomination for “The best residential high-rise development in Dubai”.
- Big Project Awards 2018 – Marina Gate Residence awarded in the category “Residential Project of the Year”
The CEO of the company Rahail Aslam was noted in the following publications:
- TOP 20 of the POWER HOUR list for construction business news in 2019.
- Return to the Power 100 list by Construction Week in 2021.
- Appearance on the cover in the August issue of the “Big Project Me” magazine in 2021, where he shared with readers his plans for the development of the Select Group company and new projects in Dubai.
Contruction in Dubai
Despite challenges like the Covid-19 pandemic and global real estate market issues, Select Group has continued to forge ahead with its projects. One of its recent achievements is the completion of the Jumeirah Living Marina Gate residential complex in Dubai Marina.
This stunning development boasts 389 high-end residences and 15 luxurious villas. Partnering with the esteemed Jumeirah Group has brought additional perks for residents, including access to room cleaning services and enrollment in the Jumeirah One Loyalty Program. On top of that, residents can enjoy amenities like a well-equipped fitness center with a sauna, temperature-controlled infinity pools for both adults and children, and breathtaking views of the marina.
Currently, studios and apartments with 1, 2, and 3 bedrooms are available for purchase. Prices start at AED 1,580,000 (USD 430,200) for a studio spanning 613 square feet.
One of Select Group's well-known projects is Studio One, a 30-story residential building located in Dubai Marina. Completed in 2019, it offers 410 studios and apartments with 1 and 2 bedrooms. Designed for young and busy individuals, Studio One provides amenities like a modern gym with sauna and steam room, 24/7 security, and a temperature-controlled swimming pool overlooking the marina.
Another notable project by Select Group is the West Avenue residential complex, along with Botanica residence featuring tropical gardens, and The Royal Oceanic private residence.
For those interested in purchasing, the starting price for a 1-bedroom apartment at Studio One, measuring 710 square feet, is AED 1,025,000 (USD 280,000).
Why it is profitable to buy real estate from Select Group
Despite the challenges brought by the Covid-19 pandemic, Dubai's real estate market is seeing positive growth. In August 2021, there was a significant 136.5% increase in sales volume compared to the same period last year.
Select Group, a leading developer, is not only completing its ongoing projects in Dubai and Europe but also has ambitious plans for the future. For instance, the company recently acquired a vast land plot spanning 3.3 million square feet in Business Bay, which is 50% larger than its plot in Dubai Marina. In this new area, they plan to construct eight towers, with the first building set to have 30-35 floors and serve as the company's new headquarters. Construction is expected to start soon, with new buildings slated to be launched every 6-9 months as per the master plan.
According to CEO Rahil Aslam, the Dubai Marina area is nearly fully developed. As a result, Select Group is shifting its focus to further developing the Business Bay district in 2021. Their plans include not only building tall towers but also creating horizontal developments with parks and recreation areas.
Select Group has exciting plans for one of the last remaining undeveloped sites on Palm Jumeirah, which they acquired with Emirates Strategic Investments Company in May 2021. The company aims to concentrate on the ultra-luxury real estate segment. Construction on Palm Jumeirah is set to begin by the end of the year, with an estimated completion time of 3 years. The project will feature a residential building and a boutique hotel on a 215,278 sq. ft. area.
Select Group collaborates with renowned brands like Radisson Blu, Emirates Strategic Investments Company, Ibis Hotels, InterContinental, Jumeirah Group, and others.
Contact Us
Kingdom Capital Real Estate
admin@thekingdom.ae
800 MyKingdom
Office 513, AB centre, sheikh Zayed road, Dubai, UAE
Palm Jumeirah