Branded residences in Dubai Marina
Kempinski Marina Residences is a residential building in Dubai Marina carrying the Kempinski name under licence. The brochure places it on the marina, with panoramic views of the water and the horizon, and describes vertical gardens set on staggered balconies with understated interiors.
The documents name the developer as ABA Real Estate Development, and the fact sheet and brochure also carry the ABA Group name. The disclaimer printed on all three states that ABA develops, finances, markets and sells the residences alone, and that it uses the Kempinski name under a licence from Kempinski Hotels SA. After the homes are sold, the Kempinski group's role is limited to the supervision, direction and control of the developer's management of the residences.
The fact sheet describes one- and two-bedroom apartments and two-, three-, four- and five-bedroom duplexes. The floor plans publish sixteen layouts, from a one-bedroom of 1,131.62 sq ft in total to five-bedroom duplexes of 12,634.57 sq ft on the upper floors.
The fact sheet's payment plan is stage-based. It runs from booking through three construction stages to handover, and continues with seven instalments over the 30 months after handover. The fact sheet also gives a service charge estimate of AED 25 per sq ft.
Homes
The floor plans give every layout the same three areas: the internal area, the balcony, and the total of the two. Their notes say dimensions are measured to the structural elements, exclude wall finishes and construction tolerances, and that actual areas and balcony sizes may vary between units.
One-bedroom apartments come in three layouts, from 1,131.62 to 1,191.68 sq ft in total, with balconies of 164.58 to 182.34 sq ft. The floor plans place them on floors 3 to 8, 11 to 14, 16 to 19, 22 to 25, 28 to 31, 33 to 36 and 39 to 42.
Two-bedroom apartments come in four layouts, from 1,649.37 to 1,817.18 sq ft in total. Types 1 and 2 have the larger balconies, at 357.36 and 405.91 sq ft, and appear on floors 3, 4, 6, 7, 11, 12, 14, 16, 17, 19, 22, 23, 25, 28, 29, 31, 33, 34, 36, 39, 40 and 42. Types 1A and 2A sit on floors 5, 8, 13, 18, 24, 30, 35 and 41, with balconies of 245.42 and 274.59 sq ft. Type 2 and Type 2A have the same internal area, 1,411.26 sq ft, and differ only in the balcony.
Two- and three-bedroom duplexes sit on floors 9, 20, 26 and 37, with drawings for a lower and an upper floor. The three two-bedroom layouts run from 2,001.35 to 2,163.78 sq ft in total. The two three-bedroom layouts are 3,048.90 and 3,135.66 sq ft.
Four-bedroom duplexes occupy floor 43 in two layouts of 6,519.32 and 6,610.39 sq ft. Type 1 carries 2,464.07 sq ft of balcony and Type 1A carries 2,352.78 sq ft.
Five-bedroom duplexes sit on floors 45 and 47. Both layouts are 12,634.57 sq ft in total, of which 7,465.63 sq ft is internal and 5,168.83 sq ft is balcony.
The fact sheet summarises the same homes in ranges: 1,132 to 1,192 sq ft for a one-bedroom apartment, 1,649 to 1,817 sq ft for a two-bedroom apartment, 2,001 to 2,164 sq ft for a two-bedroom duplex, 3,049 to 3,136 sq ft for a three-bedroom duplex, 6,519 to 6,610 sq ft for a four-bedroom duplex and 12,635 sq ft for a five-bedroom duplex. Each figure is a floor-plan total area, rounded.
The floor plans label the views around each plate as partial sea and partial golf.
Plan structure
The plan has three phases. The first 35% falls in the year after booking: 20% immediately, 5% within six months and 10% within twelve. The next 20% is tied to construction, in instalments of 5%, 10% and 5% as the building reaches 50%, 60% and 70% completion. A further 10% is due on handover.
The last seven instalments, each of 5%, follow handover. They fall at four-month intervals up to 24 months, with the final one at 30 months.
Service charge
The fact sheet gives a service charge estimate of AED 25 per sq ft.
