DREAM-Marina 101, a hotel and serviced apartment building in Dubai, is nearing structural completion and is expected to open by the end of 2014.

The 101-storey-high hotel complex, located in Dubai Marina, will house 300 guest rooms and 420 branded hotel apartments featuring one- and two- bedroom units.

The development, conceptualised by Sheffield Holdings, seeks to promote a concept of haute living that encompasses world-class restaurants, a rooftop nightclub and recreational facilities.

“We are proud to announce that nearly 80 per cent of our hotel apartments are sold,” said Abu Ali Malik Shroff, chairman of Sheffield Holdings.

The interior finishes have been carefully 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 Dh60 million ($16.34 million) has been additionally spent on the interiors since the appointment of the hotel operator, the US-based Hampshire Hotels Management, which will invest in and manage the property under its luxury brand Dream Hotels.

Dream-Marina 101 has confirmed partnerships with world’s leading restaurants such as Bombay Palace, which currently has branches in England, North America, Canada and India.

Another highlight of Dream-Marina 101 is its roof-top bar which will be occupied by Ph-D, a well-known night club in New York city in the US.