The developer of the project Dubai Marina 101 has publicized its progress and announced that more than 80% has been finished.
Marina 101 is a very distinctive mix-use high rise establishment, towering at 425 meters, and is prepared to be the tallest tower in Dubai Marina next to Burj Khalifa.
As construction is nearing completion, the expected handover of the hotel is expected to be in early 2015. After getting the approvals and the certification it needs for its fulfillment, delivery and provision of the hotel apartments and residential units follow through.
Most part of the tower has already been completed and the models or replicates of the hotel apartments and residential units are set for viewing and inspection by investors and interested clients.
Once completed, the tower will accommodate a total of 420 hotel and hotel apartments featuring 60 three bedroom residential units, five-star hotel and eight duplexes. Including to its amenities are swimming pools, health clubs and leisure and relaxation spots.
The Chairman of the developing group informed that outlays in projects nearing completion has demonstrated that a quick return of investment (ROI) will take place by handover and they encourage investors to seize the opportunity at this stage of construction and take advantage of this market practice method.