Studio One — project image
✓ Resale Available

Studio One

From AED 1.54M·Completed Dec 2019·Developer payment plan available Payment
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AED 1.54M
Starting Price
Dec 2019
Handover
Developer payment plan available
Payment Plan
1 BR · Apartments
Type

Project Overview

Studio One is a modern residential complex by Select Group in the Dubai Marina area. The building's configuration is thought out to the smallest detail: two basement levels, a functional ground floor, thirty-one residential and a roof. The architecture of the building embodies the aesthetics of a modern metropolis. The facade is designed in a restrained color scheme, which emphasizes the conciseness of the forms and allows the complex to seamlessly fit into the architectural appearance of Dubai Marina. The complex offers apartments in various formats: studios, one- and two-bedroom apartments. The interior is decorated in a modern style using high-quality finishing materials. Light colors in the decoration visually expand the space, and panoramic windows enhance this effect and open views of the marina and the city landscape. Residents of the complex enjoy a well‑developed infrastructure: a swimming pool with a comfortable relaxation area, a fitness center with modern equipment, a sauna and a steam room, a children's play area and underground parking. Security is provided by round-the-clock security and a video surveillance system. The complex is located in the West End of Dubai Marina. DMCC Metro Station is a 5-minute walk away. Dubai Marina Mall and Dubai Marina Walk are a 10-minute drive away. Downtown Dubai can be reached in 20 minutes by car, and Dubai International Airport can be reached in 29 minutes.

Project Specifications
DeveloperSelect Group
LocationDubai Marina
Unit Types1 BR, Apartments
AreaDubai Marina
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 66,451 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,631
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 708,400 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Select Group.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Adults Pool
Central A/C
Children’s pool
Dining outlets (coffee houses & restaurants)
Kids Play Area
Lavish Sundeck
Leisure areas
Lift
Lobby
Parking
Retail outlets
Sauna
Security and CCTV
Shared gym & fitness
Social zone
Steam

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Studio One by Select Group

02

Located in Dubai Marina

03

Starting from AED 1,540,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2019

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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