Dubai Properties Announces Key Infrastructure Milestones at Business Bay
Dubai Properties LLC announced key infrastructure work including sewage, water network, district cooling, and power connectivity is steadily progressing at the AED110 billion Business Bay master development. The master developer is also gearing up for the delivery of the Executive Towers during the summermore>>
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Dubai Properties Set to Release Premium Residential and Commercial Space for Sale at AED6 Billion Bay Square
The announcement follows the recent unprecedented sale of an entire building within Bay Square within a day, valued at over half a billion dirhams.
Starting from 24th September, Dubai Properties will offer buyers an exclusive opportunity to purchase properties at the three-storey mixed use structure. Offering 95% financing on commercial space, and 90% financing on residential space
Yaqoob Al Zarooni Deputy CEO of Dubai Properties, said: “As a spectacular development located in the heart of our master development Business Bay, Bay Square combines retail, office and residential units in an exclusive lifestyle and business proposition. Complementing the central location of the building will be key components of the entire development that will enhance the overall appeal of the project to well-informed investors. We are confident each building within the elite Bay Square development will boast a smart address that our clients will be proud to own.”
Potential investors can preview the building at the Dubai Properties Sales Office located at Business Bay, where Dubai Properties will offer a one-time unique financing offer of 90% financing for commercial space, and 95% financing for residential space.
Featuring a boutique hotel with a 'downtown setting' as well as an exclusive residential tower, the remaining 11 buildings at Bay Square will include mixed-use projects encompassing commercial and retail space, terraced apartments and two storeys of rooftop apartments
The trendy, mixed-use community within the Business Bay development will be a pedestrian zone, and include walkways over canals, a central plaza with unique water features, and a state-of-the-art gym. Scheduled for completion in end-2009, Bay Square’s cafes, restaurants, and shops will overflow onto the pavements along the waterline, creating a vivacious atmosphere by day and night.
