Sales of mixed use development expected to attract further investors to growing Business Bay district
Dubai, UAE, 25 September 2012: Dubai Properties Group, a member of Dubai Holding, has announced plans to release two buildings for sale in its prime mixed use Bay Square development located in the heart of Dubai's growing Business Bay district. The announcement comes as DPG plans its upcoming Cityscape participation, increasing speculation that sales for the project will commence at the 3 day real estate event.
Overlooking the Downtown and Burj Khalifa area, Bay Square offers prime commercial and residential opportunities for sale, with leasing options available for retail units. Situated close to the well established South Ridge and Executive Towers; the 5.1 million sq. ft Bay Square has been developed around a central square area with retail, recreation and leisure facilities surrounding a fountain feature. The development is accessible from all major highways with close proximity to the Business Bay metro station, Shiekh Zayed Road and Al Khail Road.
Bay Square offers commercial units ranging in size from 2,000 to 4,000 sq. ft. along with a wide selection of residential options including well appointed loft and 1 bedroom apartments. Retail units covering 290,441 sq ft at the podium level are designed to include open terraces and piazzas for cafes and restaurants, offering an excellent and accessible location with ample indoor parking to accommodate more than 4,000 cars.
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About Business Bay:
Business Bay is fast becoming a central business district in Dubai attracting numerous commercial, residential and retail developments. It covers the area from Ras al Khor, to Sheikh Zayed Road, where it borders DIFC as well as many well established hotels and tower blocks.
It includes several phases of development and is already home to many iconic landmarks and buildings such as The Executive Towers and Vision Tower; additionally it borders prime landmarks such as Downtown Dubai, Dubai Mall and Burj Khalifa.
Please visit http://dubaipropertiesgroup.ae/en/properties/Bay-Square for additional information.
About Dubai Properties Group
Dubai Properties Group (DPG), a member of Dubai Holding, develops and manages properties, communities and destinations. Through its subsidiaries, DPG also offers end-to-end property related services.
The Dubai Properties Group focuses on the creation of a broad range of quality properties in which to live, work, play and shop in addition to the development and management of key destinations in Dubai including both Dubailand and 'The Walk' at JBR.
Dubai Properties Group aspires to become the best partner in providing a reliable service through the creation of quality, value for money lifestyles, and by creating a world class organization that offers a wealth of industry knowledge and expertise. DPG will constantly seek new and innovative ways to deliver comprehensive solutions to its stakeholders, investors and business partners.
Please visit http://dpg.ae for additional information.
For further information, please contact:
DPG PR Team
Weber Shandwick - Lynda McWalter & Toufiq Othman
Tel: + 971-4- 3210 077
E-mail: dpg.pr@ws-mena.com
Lina Zain Al Din
Senior Manager, PR and Media Relations
Dubai Properties Group
Tel: + 971-4-4352042
Fax: + 971-4-3672972
E-mail: Lina.ZainAldin@dubaipropertiesgroup.ae
© Press Release 2012
