Deyaar Development (Deyaar), one of Dubai’s leading property developers and real estate service providers, has announced the launch of Regalia, a AED1 -billion ($272 million) luxury skyscraper in Business Bay offering a smart and high-end urban lifestyle embodied by royalty and distinction.
A 70-storey premium residential building, Regalia will feature smart home-enabled apartments. It offers a wide 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.
According to Deyaar, Regalia will be the tallest tower it has ever built, featuring social amenities, such as a BBQ and private dining areas, residents’ lounge and business centre, as well as indoor and outdoor children’s play areas.
The amenities are nested within a wealth of organic landscape and great lawns providing the perfect environment for residents and owners to relax, unwind and enjoy quality time with their families and friends.
Work is likely to start on the project next month and is due for completion in 2024, it added.
Announcing the new project, CEO Saeed Al Qatami said: "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."
"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 noted.
Al Qatami said residents and investors could expect sleek and expressive architecture, elegant interiors, smart city technologies and seamless connectivity to major thoroughfares such as Al Khalil Road and Sheikh Zayed Road.
With sleek, expressive and opulent architecture, Regalia will become a stunning landmark in
Dubai’s ever-evolving skyline. The elegant interiors combine timeless, contemporary design with high-level functionality and aesthetic beauty, open spaces, high ceilings and floor-to-ceiling windows.
Vice-President (Sales) Nasser Amer said: "We are tremendously excited about the release of Regalia. The upscale development is expected to be completed in December 2024."
"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," he stated.
Deyaar, which is majority-owned by Dubai Islamic Bank, said units in its tallest ever project will be offered with a 10 per cent down payment and a seven-year repayment plan.-TradeArabia News Service