Danube Properties has introduced plans to construct a 101-storey tower in Enterprise Bay, the newest main venture to be introduced in Dubai.
Bayz101, which may have 1,346 flats, is the developer’s largest venture thus far, each when it comes to items and complete space.
The two.1 million sq ft improvement will embrace flats from studio dimension, beginning at Dh1.2 million, to four-bedrooms, beginning at Dh5.8 million.
The bigger flats within the venture – most with two beds, all with three beds and all with 4 beds – have their very own swimming pool.
The tower will even have a rooftop swimming pool, a well being membership and a jogging monitor.
The overall improvement worth of the venture is over Dh3 billion.
Bayz101, Danube Properties’ twenty eighth actual property venture in Dubai, is predicted to be accomplished in 2028 and will likely be one of many tallest residential towers on the earth, becoming a member of Princess Tower and Marina 101 in Dubai Marina.
Rizwan Sajan, founder and chairman of Danube Group, described the newest launch as a “historic second” for the developer.
“Bayz101 is a dream and it’s also our assertion. It displays our bigger than life dream and it additionally displays us turning our desires into actuality,” stated Sajan.
“It’s a historic second for us as we announce the most important and tallest tower in our portfolio.”
The corporate has launched 28 tasks since getting into the property market in June 2014, with a mixed improvement worth of greater than Dh18 billion.
The venture launch is the newest in a sequence of high-end launches in latest weeks.
On Thursday, Arada launched gross sales of its luxurious venture in Dubai, the Armani Seaside Residences at The Palm Jumeirah, whereas London Gate on Tuesday unveiled the design and interiors for the Franck Muller Aeternitas Tower in Dubai Marina.
Each builders confirmed plans to launch additional luxurious tasks within the coming months.
In December, Sankari Properties, a newcomer to Dubai’s actual property market, introduced plans to construct a $1 billion ultra-luxury venture in Enterprise Bay.
Property gross sales in Dubai have continued to report value will increase in latest months.
Property agent CBRE stated home costs rose 19.6 p.c yearly within the third quarter, with condominium and villa costs rising 19.7 p.c and 18.9 p.c respectively.
It stated gross sales of properties price greater than Dh5 million and Dh10 million within the emirate reached report ranges in 2023, rising 54.5 p.c and 68.4 p.c respectively.
Up to date: January 15, 2024, 9:19 AM
