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Latest Executive Towers |
Dubai Properties, leading master real estate developer, today announced the Dh3 billion Executive Towers, which are markedly visible from Sheikh Zayed Road and Al Khail Road, is nearing completion, and the anticipated handover date will be during the fourth quarter of 2008.
Work is proceeding simultaneously on all 11 buildings of the Executive Towers, which include nine residential units, the Aspect Tower, and the Business Bay Hotel. The development’s outdoor component, the Bay Avenue, is also on its way to deliver 175,000 square feet of retail space as well as water-front terraces. With all the units of the Executive Towers sold out, the handover of all towers will commence in the fourth quarter 2008.
Dubai Properties’ first project in Business Bay, the region’s new business capital, will also be the second major project to be handed over by the Master property developer following the successful release of Jumeirah Beach Residence in 2007, handing over 6000 apartments.
