Select Property, the UK’s leading off-plan overseas property developer, has been voted the 8^th best small company to work for in the annual ‘Sunday Times Top 100 Best Companies to Work For’ 2009.  Select Property was a first time entrant in the awards which took place at Battersea Park in London last week.  

Mark Stott, CEO, Select Property: ‘’This is an outstanding achievement for Select Property and we are delighted to have gained 8^th position and 1^st throughout the North West in our debut entry into the prestigious Sunday Times 100 Best Companies list. It is thanks to a special team of people and their dedication in making our business an exciting and remarkable place to work that we have created one of the best companies in the UK.

The 100 Best Companies to Work For recognises those companies applauded by their employees for providing an environment which sees them appreciated and rewarded for their commitment in the organisation. A survey was undertaken to gain the opinions of over 20,000 employees from hundreds of businesses around Britain to unveil the companies which truly are the best.

Select Property ranked an impressive 2nd place in both the ‘Fair Deal’ and ‘Leadership’ categories, based on employee satisfaction with pay and benefits, and faith within the head of the company, beating leading companies Softcat and Colbalt Recruitment. Select also featured in the Top 5 for ‘Getting a buzz from work’, as well as in the Top 10 for ‘Best for Training’ and ‘Potential fulfilled’.

Mark Stott commented: “To have built such a strong team of individuals is a credit to the company. Despite the recent downturn in market conditions, all employees have proved they have the faith, passion and drive required to adapt in such challenging times.  We have recently adapted our business model to make overseas property ownership possible from as little as £16.57 a month, and every employee has immersed themselves in this new offering.  I really could not have asked for more from the team”.

Select Property has taken their knowledge and experience of the overseas property market to create an exciting offering realigned to the current needs of consumers. The part ownership scheme, provides a new way to own property abroad – making the cost of ownership far cheaper yet delivering the same lifestyle benefits and financial rewards.

Select Property Ranked 8th in Sunday Times 100 Best Companies to Work For in its First Year of Entry Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

A naturally beautiful country, Ras Al Khaimah boasts the longest coastline of all the United Arab Emirates (UAE) and is arguably the most scenic with miles of untouched white sand, lush green landscapes and striking mountain ranges. Add to this impressive investment benefits including rising rental yields, a projected capital appreciation of over 20% in 2008 and more importantly its close proximity to Dubai (just 45 minutes) its easy to see how this Emirate is becoming attractive to commuters wanting a beach life or a weekend retreat, and to the overseas holiday market alike.

Luxury housing is available at affordable prices – some 60% cheaper than Dubai comparables, and, together with the ruling Sheik’s commitment to developing the region and attracting inward investment, including existing procedures to sell freehold title ownership, it has great potential for capital gains and rental returns. What makes the development even more attractive is that Select Property is offering 15 year non status payment plans and the security of an escrow account.

Pacific is Select Property’s first development and is being constructed jointly with Select Group. The two companies have enjoyed success in the past with Select Property exclusively marketing and selling four off-plan developments for Select Group, including Dubai Marina’s centrepiece Bay Central, the iconic super tower – The Torch, The Point, and Botanica, the only residential development with a sky garden.

“This is an incredibly exciting time for Select Property. Pacific is the first of two projects, totaling £368million, we are developing on Al Marjan Island.”, comments Mark Stott, managing director, Select Property.

“Ras Al Khaimah and in particular Al Marjan Island is the perfect location for our inaugural development, representing fantastic opportunities to multiple profiles of purchasers”, he continues.

With starting prices from £57,399 (€72,991/AED 421,888) for a studio, Pacific is already generating huge interest, with one and two bedroom apartments, town houses and Gulf Suites also available. Due for completion in June 2011 the development consists of six contemporary, architecturally spectacular buildings, each named after Pacific Islands – the first three to be launched being Samoa, Tonga and Fiji.

Pacific is situated in a prime location on Al Marjan island, offering residents private beaches overlooking the clear waters of the Arabian Sea and year-round sunshine. Facilities include 24-hour security, maid service, saunas, steam rooms and Jacuzzis a glass topped gym and health club. There is also countless dining and shopping facilities, all of which are in keeping with the tone of the island which has a all-together more laid back feel than neighbouring Dubai.

Al Marjan Island is the first man made Island in Ras Al Khaimah. It has been built with best practice learning from successful schemes in neighbouring Emirate Dubai – the first of which, The Palm Jumeriah has witnessed a massive 500% increase in prices since 2002. Al Marjan master developer Rakeen, has incorporated the most environmentally friendly practices during the islands construction using natural rock to attract coral life instead of ‘hostile dredging’. This process positively encourages the formation of natural reef, establishing a long-term aquatic paradise.

For more information on Select Property or any of its developments in Bulgaria, Turkey, Dubai or Ras Al Khaimah, log on to www.selectproperty.com or call 0870 111 8892.
ENDS

NEW MEDIA CONTACTS:
For more information please call Victoria Jones, Peter Burling, Kate Greville or Nick Theodosiou at Brazen PR on 0161 923 4994 or email press@selectproperty.co.uk

EDITORS NOTES
Select Property
Operating since 2004 Select Property has become a leading specialist in off-plan overseas investment property. Following initial success marketing and selling luxury residential property, on an exclusive agreement basis, in March 2008 Select Property took the landmark decision to move into development launching a £368million residential project located on Al Marjan Island, Ras Al Khaimah, United Arab Emirates.

The company currently has 80 employees operating out of offices in the UK, Ireland and Dubai. By February 2008 Select Property had successfully sold over £450million worth of property to customers in 53 countries.

A standard payment plan for Ras Al Khaimah is £3000/€4200 reservation fee
15% on exchange of contract
15% September 2008
15% March 2009
15% September 2009
15% March 2010
15% September 2010
10% Completion.
Non-status lengthy payment plan is £3000/€4200 reservation fee
15% on exchange of contract
15% six months, there after quarterly installments spread over 15 years. 


www.selectproperty.com

Select Group Developments
A leading developer of luxury residential property in Dubai Marina, the world’s foremost master planned waterfront development, Select Group Developments has undoubtedly raised the bar in the Dubai real estate industry. Launching projects, which offer the pinnacle of modern living, and the best return on investment, the group if committed to strengthening its customer-focused values – The total assets under development have exceeded £500million.

Select Property has enjoyed a successful relationship with Select Group Developments, working on four off-plan developments, including the Marina’s centrepiece Bay Central, the iconic super tower The Torch, The Point, and Botanica, the only residential development with a sky garden. Most recently the two companies have announced their collaboration on Pacific, Al Marjan Island, Ras Al Khaimah, the first project, which is being developed jointly by the two companies.

Select Leads the way in Ras Al-Khaimah Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

A naturally beautiful country, Ras Al Khaimah boasts the longest coastline of all the United Arab Emirates (UAE) and is arguably the most scenic with miles of untouched white sand, lush green landscapes and striking mountain ranges. Add to this impressive investment benefits including rising rental yields, a projected capital appreciation of over 20percent in 2008 and more importantly its close proximity to Dubai (just 45 minutes) its easy to see how this Emirate is becoming attractive to commuters wanting a beach life or a weekend retreat, and to the overseas holiday market alike.

Luxury housing is available at affordable prices – some 60percent cheaper than Dubai comparables, and, together with the ruling Sheik’s commitment to developing the region and attracting inward investment, including existing procedures to sell freehold title ownership, it has great potential for capital gains and rental returns. What makes the development even more attractive is that Select Property is offering 15 year non status payment plans and the security of an escrow account.

Pacific is Select Property’s first development and is being constructed jointly with Select Group. The two companies have enjoyed success in the past with Select Property exclusively marketing and selling four off-plan developments for Select Group, including Dubai Marina’s centrepiece Bay Central, the iconic super tower – The Torch, The Point, and Botanica, the only residential development with a sky garden.

“This is an incredibly exciting time for Select Property. Pacific is the first of two projects, totaling £368million, we are developing on Al Marjan Island.”, comments Mark Stott, managing director, Select Property.

“Ras Al Khaimah and in particular Al Marjan Island is the perfect location for our inaugural development, representing fantastic opportunities to multiple profiles of purchasers”, he continues.

With starting prices from £57,399 (€72,991/AED 421,888) for a studio, Pacific is already generating huge interest, with one and two bedroom apartments, town houses and Gulf Suites also available. Due for completion in June 2011 the development consists of six contemporary, architecturally spectacular buildings, each named after Pacific Islands – the first three to be launched being Samoa, Tonga and Fiji.

Pacific is situated in a prime location on Al Marjan island, offering residents private beaches overlooking the clear waters of the Arabian Sea and year-round sunshine. Facilities include 24-hour security, maid service, saunas, steam rooms and Jacuzzis a glass topped gym and health club. There is also countless dining and shopping facilities, all of which are in keeping with the tone of the island which has a all-together more laid back feel than neighbouring Dubai.

Al Marjan Island is the first man made Island in Ras Al Khaimah. It has been built with best practice learning from successful schemes in neighbouring Emirate Dubai – the first of which, The Palm Jumeriah has witnessed a massive 500percent increase in prices since 2002. Al Marjan master developer Rakeen, has incorporated the most environmentally friendly practices during the islands construction using natural rock to attract coral life instead of ‘hostile dredging’. This process positively encourages the formation of natural reef, establishing a long-term aquatic paradise.

For more information on Select Property or any of its developments in Bulgaria, Turkey, Dubai or Ras Al Khaimah, log on to www.selectproperty.com or call 0870 111 8892.
ENDS

NEW MEDIA CONTACTS:
For more information please call Victoria Jones, Peter Burling, Kate Greville or Nick Theodosiou at Brazen PR on 0161 923 4994 or email press@selectproperty.co.uk

EDITORS NOTES
Select Property
Operating since 2004 Select Property has become a leading specialist in off-plan overseas investment property. Following initial success marketing and selling luxury residential property, on an exclusive agreement basis, in March 2008 Select Property took the landmark decision to move into development launching a £368million residential project located on Al Marjan Island, Ras Al Khaimah, United Arab Emirates.

The company currently has 80 employees operating out of offices in the UK, Ireland and Dubai. By February 2008 Select Property had successfully sold over £450million worth of property to customers in 53 countries.

Select Group Developments
A leading developer of luxury residential property in Dubai Marina, the world’s foremost master planned waterfront development, Select Group Developments has undoubtedly raised the bar in the Dubai real estate industry. Launching projects, which offer the pinnacle of modern living, and the best return on investment, the group if committed to strengthening its customer-focused values – The total assets under development have exceeded £500million.

Select Property has enjoyed a successful relationship with Select Group Developments, working on four off-plan developments, including the Marina’s centrepiece Bay Central, the iconic super tower The Torch, The Point, and Botanica, the only residential development with a sky garden. Most recently the two companies have announced their collaboration on Pacific, Al Marjan Island, Ras Al Khaimah, the first project, which is being developed jointly by the two companies.

Select Leads the way in Ras Al Khaimah Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Mercer’s Worldwide Individual Tax Comparator Report analysed the tax and benefits systems of32 countries, focusing on personal tax structures, average salaries and marital status.

For single managers, the UAE is the most attractive tax environment according to percentage of net income available. The UAE ranks highly as it does not assess any income tax and the country’s social security contributions amount to only 5 percent of an employee’s gross salary.
Russia, ranked 2, applies a flat tax of 13 percent across all income levels, while Hong Kong reaches rank 3, with taxes and social security contributions at 14.2 percent of gross base salary.

Other important considerations for expatriate allowances are housing, private schooling and local cost of living adjustments, and there are additional complications around contributions to the home country pension plan. These factors can all contribute to the high cost of a global expatriate workforce, said the Mercer report.

Dubai Investment Property

UAE is the world’s most attractive expatriate destinations Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555