Subscribe     Pay Now

United Arab Emirates Procurement News Notice - 52588


Procurement News Notice

PNN 52588
Work Detail The new residential development in Business Bay is expected to be complete in Q2 2027 Developers Dutco and Ellington Properties have announced the launch of a new waterfront project – One River Point – at Business Bay in Dubai, which will house a collection of 295 residences with a mix of studios, one-, two-, and three-bedroom apartments and penthouses. The announcement comes on the back of the strategic alliance announced earlier this year to develop several premium residential developments in major communities extending well beyond Dubai and the UAE. Set for completion in the second quarter of 2027, One River Point promises to be a jewel in the heart of the thriving Business Bay neighbourhood. Beyond exceptional living spaces, One River Point offers a host of key amenities catering to the wellness-oriented and sophisticated lifestyle of its residents. Apart from two resort-style infinity pools and a dedicated children’s pool, the building will also feature a fitness studio with provision for adult climbing as well as a yoga studio with a virtual trainer on the projector screen. Moreover, residents will also have access to an immersive experience room with a full projector screen, outdoor and indoor kids’ play areas, a pets’ wash and play area, and open terraces. All residences will boast panoramic vistas of Dubai landmarks, such as the Dubai Water Canal, Burj Khalifa, and Burj Al Arab. Dutco Group CEO, Nelson Gibb said, “The launch of One River Point marks the onset of our long-term partnership with Ellington Properties and realisation of our shared vision to further elevate the value proposition of major residential communities like Business Bay. We are confident that One River Point with its magnificent inventory and distinctive amenities will receive a strong response from both our current and prospective audiences.” Elie Naaman, Co-Founder & CEO (International) at Ellington Properties added, “As we continue to deliver aspirational and design-led addresses in prime neighbourhoods of Dubai, our strategic partnership with Dutco – with their wealth of experience in real estate – is further strengthening our endeavour to provide high-quality lifestyles and long-term value to more communities in the city. The launch of One River Point marks a significant step forward in our expansion plan under the Dutco Ellington brand.”
Country United Arab Emirates , Asia
Industry Real Estate
Entry Date 09 Nov 2023
Source https://meconstructionnews.com/58536/dutco-and-ellington-properties-launch-one-river-point-residential-development

Tell us about your Product / Services,
We will Find Tenders for you