6 Compelling Reasons You Should Buy Property in Stella Maris

Stella Maris Tower

Off lately, investors and end-users have realised the potential of off-plan properties in Dubai. As per statistics obtained by authentic resources, 6.006k transactions were made for off-plan properties in the 2nd quarter of 2021. The value of these transactions was approximately 9.15 billion. This clearly shows the rising trend of buying properties in the primary market.

For the uninitiated, off-plan property is an under-construction property. It’s available at rates lower than the market. Therefore, more and more people are inclined towards buying it. The only flipside here is that it can take a few years before you could call it your home.

With the launch of new residential projects in Dubai, those interested in buying off-plan properties are certainly spoilt for choices. However, if you’re looking for residential development with the maximum potential, Stella Maris is the best choice.

With that said, let’s take a look at some compelling reasons why you should consider Stella Maris to buy an off-plan property:

Waterfront Development

Stella Maris is a waterfront development occupying a prime location in Dubai Marina. The fact that it is going to be the last waterfront development in the locality makes it even more special. Its strategic positioning will allow residents to enjoy unobstructed views of not only the marina but the glistering Dubai skyline all throughout the day.

As this project is nestled in a freehold area, foreign nationals can also buy a property in Stella Maris.

High-Rise Luxury

Stella Maris is a high rise luxury building comprising 52 storeys. It is planned to have different types of residences, including apartments, penthouses and villas. As per the master plan of the project, these units will be available in different layouts and configurations. This makes it suitable for couples and families.

Special attention has been paid to designing the interiors and layout of this development. Each unit is meticulously planned and exceptionally designed to provide residents with a comfortable and convenient lifestyle.

Located Amidst World-Class Landmarks

As it is located in Dubai Marina, a massive popular residential area and tourist hub in the emirate, residents will get to stay closer to the world-class landmarks. You wouldn’t feel the need to step out of the community as every facility is going to be within your arm’s reach.

From educational institutes to medical facilities, grocery stores to supermarkets, entertainment venues to dining options, you’ll find everything in Dubai Marina.

Exclusive Facilities

Stella Maris has many facilities and amenities planned exclusively for residents only. The availability of these conveniences is going to enhance the lifestyle up to a great extent.

There’s going to be a residents’ only private club and private theatre room as well. Furthermore, the development will have a gym for ladies and gents, apart from a sauna and steam room. It is also planned to have a swimming pool and beautifully maintained lawns.

A Quaint Lifestyle

Imagine waking up to gorgeous views every day in a lavish residence. This is a glimpse of life at Stella Maris.

Living near the water offers many benefits, and if you choose Stella Maris, you will get to avail them all. This development is designed in such a way that it will offer a quaint lifestyle, despite being part of a bustling community, such as Dubai Marina. Each residence will have full-length windows that will allow residents to enjoy stunning marina views right from their living spaces.

A Convenient Payment Plan

Buying a property in Stella Maris is quite easy on the budget, despite the ideal location of the project. This is due to the fact that the payment plan is quite convenient for everyone. Buyers are only required to pay 5% of the total amount as a down payment at the time of signing the contract. After that, 25% and 10% amount will be paid during the construction period and at the time of handover, respectively.

The rest of the amount (60%) is to be paid in 4 years after the handover has taken place.

Final Thoughts

In all, Stella Maris Tower is the best option if you’re looking for a residential property in Dubai Marina. The superstructure of the project is already complete, and properties will be handed over to buyers in the 2nd quarter of 2022. So, the time is limited, and there are only a few units left to be sold. You need to make a quick decision in order to capitalise on this opportunity.

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About the Author: Peter Beaumont

Peter Beaumont is a senior reporter on Daily Mid Time Global Development desk. He has reported extensively from conflict zones including Africa, the Balkans and the Middle East and is the author of The Secret Life of War: Journeys Through Modern Conflict. Email: peter@dailymidtime.com