Building of the UAE's second tallest tower gets under way
Burj Khalifa's little brother – Dream Dubai Marina
The 'Marina 101' project, which will later be branded 'Dream Dubai Marina' stands at a massive 425 metres, and is set to be the tallest tower in Dubai Marina – and in fact, the second tallest tower across the UAE after the Burj Khalifa. The expected handover of the hotel part of the building should be ready by early 2015, according to a statement by Sheffield Holdings.
View from project Marina 101
Upon completion, the tower will house a total of 420 hotel rooms and hotel apartments, 60 three-bedroom residential units, eight duplexes plus a five-star hotel. The tower will also feature health clubs and swimming pools on different levels, along with other leisure facilities.
"Most of the tower has already been completed and mock-ups of the hotel apartments and residential units are ready for viewing by investors and interested end users," commented Abuali Malik Shroff, Chairman of Sheffield Holdings Limited, continuing "Investment in projects near completion has proven that a fast ROI will occur by handover. We believe that it is an opportunity for investors to seize at this stage of construction and take advantage of this market practice model."