A 31-storey residential development will be launched by Select Group at a cost of approximately AED 450 million at the Dubai Marina, reported Trade Arabia.

The Studio One project, which is the 14th development in Select Group’s portfolio, is located near Blue Waters island, Wyndham hotel, and New Rove hotel. The project is set to contain shops, restaurants, and entertainment options.

Studio One also includes studio apartments, one-bedroom apartments, and a limited number of two-bedroom apartments that range from 360 square feet to 1100 square feet. Units also overlook the marina and have sea views.

The starting price for a studio apartments is AED 574,000, while it is set at AED 899,000 for one-bedroom apartments, and AED 1.34 million for three-bedroom apartments, according to Select Group.

The company offers a flexible payment plan with 70% payment when the units are handed over. The project’s completion is projected for the end of 2018.

The project will also include amenities such as a swimming pool, gym, steam room, sauna, retail outlets, and parking space.