Construction on the exterior of the tower is close to completion with the elevator going up to all 101 floors.
Dubai's Dream-Marina 101 high rise hotel is set to open by the end of 2014, its developer Sheffield Holdings Ltd has said.
The development will house 300 guest rooms and 420 branded hotel apartments featuring one and two bedroom units.
Construction on the exterior of the tower is close to completion with the elevator going up to all 101 floors.
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The interior finishing touches have been chosen, with energy efficient light fixtures and Spanish ceramic tiles in every apartment. All internal doors are fire resistant, meeting international standards and ratings for the building.
Nearly AED60m more has been spent on the interiors since the appointment of the hotel operator.
Dream-Marina 101 has confirmed partnerships with restaurants such as Bombay Palace. Another highlight of the building is its roof-top bar which will be occupied by Ph-D.
"Dream-Marina 101 seeks to promote a unique concept of haute living that encompasses nearly everything in terms of luxuries with world-class restaurants, roof top nightclub and recreational facilities. We are proud to announce that nearly 80% of our hotel apartments are sold,” said Abu Ali Malik Shroff, chairman of Sheffield Holdings Ltd.
“Dubai has and will always remain a fantastic destination for residents and tourists. We are offering a unique and hassle-free investment opportunity mirroring the growth of the Dubai Real Estate market. All our investors will enjoy 28 days of free stay in the hotel apartments per year, and will benefit from a guaranteed 75% return of the net profit.”
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