The Edge from Select Group in Dubai: Information for Potential Buyers

11:51 pm  |  21.10.2023

The Edge residential complex under construction is two multi-story towers from the Select Group company, located on the banks of the Dubai Canal in the Business Bay area. They offer apartments with 1 or 2 bedrooms. The complex has all the conditions for a comfortable stay. Residents have access to a wide range of additional services. The territory is closed from unauthorized persons; the security service is responsible for security.

The area belongs to the free zones of the UAE, in which foreigners can own property not on a long-term lease basis, but as private property. Therefore, non-residents can buy property in The Edge and dispose of it as they wish. This is a potentially profitable investment asset and a good option for a seasonal holiday or relocation.

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Apartment owners can apply for a 2-year resident visa. To obtain it, it is enough to invest in real estate at least 750,000 AED ($204,000).

Lifestyle

The Edge view

Owners of apartments in The Edge get access to the developed infrastructure of the residential complex. Much can be found directly on the territory of the residential complex: from green areas for recreation to sports grounds. The complex is suitable for young families, retirees, businessmen, and anyone who prefers to live in the city center and close to necessary social and commercial institutions. Near the residential complex, you can find shops, cafes, and restaurants. The largest shopping center, Dubai Mall, is a 15-minute drive away. Kindergartens, schools, and hospitals are also located at a similar distance. Transfer to the international airport takes 20 minutes.

Advantages of the Residential Complex

The complex allows having pets. As additional amenities, the new building under construction at The Edge includes:

  • Pool.
  • Fitness Centre.
  • Jacuzzi.
  • Basketball and padel tennis courts.
  • Yoga area.
  • Equipped area for cooking over an open fire.

Completion of Construction

The Edge residential complex is scheduled for completion in the fourth quarter of 2026. The business reputation of the developer, who has successfully completed more than 40 projects within the stated time frame, allows us to have no doubt about the safety of investments in real estate under construction. During construction, real estate investments from the Select Group developer in Dubai are especially profitable. Housing prices and convenient payment schemes attract foreign investors. You can still choose from several layout options. As the project’s completion date approaches, most of the apartments at The Edge are likely to be sold out. You can get acquainted with the features of the complex and get complete information about the housing stock and the developer on our website.

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Properties in The Edge for Investment

Buying real estate in The Edge at the construction stage allows you to invest your money profitably, save it from inflation, and increase it. By the time of delivery, housing automatically becomes more expensive. This allows you to receive up to several tens of percent profit from the original cost of the property at the price of the Select Group developer upon resale. A long-term investment strategy is no less popular. You can buy apartments and rent them out in the future. Analytical data shows that apartments with 1–2 bedrooms remain the most in demand. On average, a home with a similar number of rooms can bring the owner from 129,000 AED ($35,000) to 135,000 AED ($37,000) per year. The figures are averaged for this area, as the Dubai real estate market is developing dynamically, and rents tend to increase.

Business Bay Area

The new building The Edge in Dubai is being built in a prestigious area adjacent to the center of Dubai. The business community is located on the banks of the Dubai Canal and provides a comfortable lifestyle. It has everything you need: shops, entertainment organizations, and green areas for recreation.

The advantageous territorial location allows you to reach the central attractions of Downtown Dubai in 7 minutes, and the Burj Khalifa skyscraper can be seen from the windows of the residences on the upper floors of the residential complex. The well-maintained beaches of Dubai Marina are a 10-minute drive away. The international airport can be reached in 15 minutes.

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The developer is Select Group. The holding has been operating since 2002 and implements projects in the UAE. The geography of activity also covers the UK, Saudi Arabia, and other countries. Real estate from the developer Select Group fully meets the high requirements of discerning buyers. The developer works not only on the layout of the apartments but also pays attention to the development of the surrounding areas, which makes it possible to obtain high-quality and comfortable housing. On our website, you can find current offers. Brokers will help you choose and buy an apartment in The Edge residential complex under construction at the developer’s price.

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