Deyaar Development (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the launch of Regalia, a Dh1 billion luxury skyscraper in Business Bay offering a high-end urban lifestyle embodied by royalty and distinction.
Regalia is going to be the tallest tower Deyaar has ever constructed. The 70-sotrey premium residential building will have smart home-enabled apartments.
It will provide a big range of recreational and wellness amenities, including an Olympic-size infinity pool with private cabanas and Jacuzzis, a state-of-the-art family gymnasium, a yoga pavilion, and an outdoor winter cinema.
The project will also feature social amenities, like a BBQ and private dining areas, residents’ lounge and business centre, and also indoor and outdoor children’s play areas.
“We are pleased to launch Regalia, our flagship skyscraper that will set a new benchmark for high-end urban living in the heart of the city,” Saeed Al Qatami, CEO of Deyaar Development, said.
“We anticipate that the project will appeal to investors as it has been designed to the highest international standards with an unparalleled collection of premium lifestyle amenities,” he added.
He said residents and investors can expect smooth and expressive architecture, elegant interiors, smart city technologies, and consistent connectivity to significant avenues like Al Khalil Road and Sheikh Zayed Road.
“As always, we affirm our commitment to delivering projects on time and look forward to commencing construction of Regalia in August 2021,” he added.
“We are tremendously excited about the release of Regalia. The upscale development is expected to be completed in December 2024,” said Nasser Amer, vice-president – sales at Deyaar.
“The project creates a sense of belonging to the community, through a range of carefully selected social, wellness, and recreational amenities. The luxury apartments will also feature branded built-in appliances. Investors can register and complete their purchase formalities with an initial upfront payment of just 10 percent and enjoy attractive installments over a seven-year plan. What’s more, we are running an exclusive launch offer including a three-year service charge waiver and a full DLD waiver. There will not be a better time to invest in such an upscale development than now,” he said.
For two decades, Deyaar has shaped the urban real estate landscape of Dubai. Established in 2002, its meteoric rise is a testament to a limitless ambition. As one of Dubai’s biggest property developers, it has successfully delivered more than 20 million sqft of developments to cement Dubai’s position as one of the world’s greatest cities.
Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai’s leading developers. Real estate ventures revolve around key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties with the highest levels of service and quality.