Flip through the latest issue of Gulf Weekly.
DEVELOPER Dubai Properties has unveiled its latest development within Business Bay - the AED4 billion Bay Square.
The five million square feet development is scheduled for completion by 2009 and is positioned as a "new age community project", targeting businessmen, residents and retailers seeking a stress-free lifestyle in a corporate environment.
The centrepieces of the 13-building development will be a Boutique Hotel - with a 'downtown' setting, and an exclusive residential tower.
The remaining 11 buildings will comprise mixed-use projects, featuring retail and commercial space, and two storeys of rooftop and terrace apartments.
Mohamed Binbrek, pictured right, chief executive officer - Dubai Properties, said: "One of our core values is to provide integrated lifestyle communities for the discerning buyer.
Bay Square will offer business professionals and visitors an unparalleled experience of modern Dubai.
"As a prestigious business address for companies, the project is a convincing investment option for both local and international investors. Almost 60 per cent of the project has been reserved for commercial investors."
The height of the buildings and towers of Bay Square will range from 10 to 14 floors, and the residential units will feature studio, one-bedroom and loft-style apartments overlooking the Square and the rest of Business Bay.
The Bay Square will be situated in the heart of Business Bay. It will be a pedestrian-only zone, hosting cafes, restaurants, a central plaza, retail outlets, and a state-of-the-art gym.
