Under construction properties
$408 000
  • Property types:
    1 bedroom, 2 bedroom
  • Two-Year Price Appreciation:
  • District:

    Maritime City

  • Developer:

    Select Group

  • Class of the property:
  • Class of the district:
  • Rating Independent:
  • Reliability of the developer:
  • Down payment:
  • Payment plan:
  • Completion date:
    Q4 2026

About district
  • District

    Maritime City

Dubai Maritime City (DMC) is a business zone which is dedicated to the maritime, commerce and trade industry. The area is located between Port Rashid and Dubai Drydocks World on a man-made peninsula and consists of the Commercial District that comprises offices, residences and retail, as well as the Industrial Precinct, dedicated to marine services such as warehouses, workshops, ship lifts and repair docks.

The master developer of the neighbourhood is DP World, which is working with architectural consultants from Khatib & Alami to regenerate the area. The Dubai Maritime City district is expected to be completed by the end of 2021. It should also be noted that the uniqueness of the site is that upon completion of all construction works the development should receive a certificate of eco-building, which would allow the area to become the first maritime center that combines state-of-the-art maritime technology with an eco-friendly initiative.

The project was launched in 2004 but was suspended from 2009 to 2011 because of the financial crisis. In 2012, construction resumed again, and a year later DAMAC Properties announced that it planned to redevelop DMC and build high-rise buildings and luxury towers that would house premium hotels and serviced apartments. As a result, in 2015, developer Omniyat began construction on the 44-storey Anwa Tower, which costs more than AED 600M (USD 163.35M) to construct and design.

According to the master plan, DMC is being developed to create a cluster of like-minded companies within six large and diverse sectors, including maritime services, maritime management, product marketing, maritime research and education, leisure, ship design and manufacturing. In addition, the area should be an excellent venue for international trade seminars, exhibitions and conferences, as well as symposia on maritime topics.

Statistics by district
Unit cost
Sales price
Unit cost
Sales price per sqft

About developer

Select Group

Select Group is now one of the largest private developers in Dubai, both in terms of number of projects and financial performance. The company has an impressive investment portfolio including properties in the UAE, UK, Germany and Croatia, several hotels and extensive commercial space.

To date, Select Group has completed 13 projects with over 7,000 properties and has launched a similar number, with two complexes under construction in London. The high quality of the company's developments has been recognized in the UK, where Select Group has been awarded the prestigious East Midland Developer of the Year and RIBA East Midlands Award. The renowned Forbes magazine has awarded the company several times as the best developer in the Middle East, just to name a few of the recognized achievements in Select Group's portfolio.

The company made its debut as the master developer of the Peninsula waterfront residential community in Business Bay, successfully completing all the necessary infrastructure works and commencing construction of the buildings.

About building
About Nautica
Embodying the spirit of one of the most charismatic port cities in the world, Nautica Towers feature vibrantly designed one and two-bedroom apartments with uninterrupted waterfront vistas and panoramic city views.

With the recently completed infrastructure and superb roadways allowing seamless access to main expressways, Dubai Maritime City is set to become the city's new residential hotspot and the ultimate opportunity for early investors.

Setting the new benchmark for waterfront living in Dubai Maritime City, Nautica Towers feature a selection of expertly designed one and two-bedroom apartments dressed in palettes of slate, cool grey and sapphire, juxtaposed with warm timber tones and accents of copper to create a contemporary and vibrant setting.

A perfect fusion of style and function, the bathroom has been crafted for comfort and thoughtfully designed for ease of living. Its minimal and striking design creates a unique space, complemented by colourful accents in the finishings.

The design philosophy for both Nautica Towers focuses on magnifying the picturesque views of the surrounding sea vistas, enhancing the natural beauty of their waterfront location.

The strategic rotation of the Towers to optimize views is a clever architectural move, ensuring residents impressive panoramas of the nearby waterways, the bustling marina, and the lush, low-rise green residential areas.

The result is a seamless blend of urban living with the tranquillity of nature, offering an unparalleled connection to the surrounding environment and a refreshing daily infusion of natural beauty.
Features / Amenities
  • Parking
  • Yoga Lawn
  • Cardio, Strength and
    Outdoor Gym
  • Infinity Pool
  • Jacuzzi
  • Basketball Court
  • Padel Court

Floor Plans
Studio / 377 sqft
1 bedroom / 723 sqft — 996 sqft
$570,700 — $679,000
2 bedroom / 1161 sqft — 2548 sqft
$942,400 — $1,821,300
3 bedroom / 2845 sqft — 4455 sqft
$2,695,300 — $4,097,400
Penthouse / 14994 sqft

Process of purchasing
Process of purchasing property
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
Step №5
We complete and sign the Booking Form online.
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.

Example of the agreement
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.

Title Deed
All rights reserved.