Hisham El-Assaad, sales manager of The Select Group, announced that the construction of the Marina Gate project within Dubai Marina is going according to the timetable that has been pre-determined where the three towers will be completed sequentially during the years 2017, 2018 and 2019.
It is worth mentioning that the construction works of the project is estimated at about 1.5 billion dirhams. The total land area of the project is about 1.5 million sq ft while the total area of the construction is 38 million square feet.
The project consists of three towers where the first tower includes 51 storey at a height of 200 meters, which was completely sold out while the second tower consists of 64 storeys, where 50% of it has been sold out and as for the third tower, it is composed of 57 floors where its sale will be launched this December.
This is a mixed-use development where retail shops exit on an area of 100 thousand sq ft as well as condominiums ranging in size from 58 square meters to 198 square meters with prices starting at 1,600 dirhams per square foot for apartments and up to 2500 dirhams per square foot for villas, duplexes and penthouses.