26 Jumada I 1446 - 27 November 2024
    
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Eye of Riyadh
Business & Money | Tuesday 21 November, 2017 12:27 pm |
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Banyan Tree Launches First Residential Project for the Middle East in Dubai

Award winning UAE-based developer Sweid & Sweid has partnered with Internationally acclaimed hospitality brand Banyan Tree to develop and deliver the first Banyan Tree Residences in the Middle East.

 

Located on a large island site where DMCC, the Montgomerie Golf Course, The Emirates Golf Course and Emirates Hills intersect on Al Telal Street, the elegant new residential tower will boast tremendous views in all directions. Its 244 residences will stretch over 32 storeys and include one, two, three and four-bedroom apartments, duplex apartments with private outdoor gardens, and three full-floor penthouses crowning the building. The penthouses offer large terraces featuring cantilevered swimming pools overlooking the spectacular views.

 

Banyan Tree Residences, Hillside Dubai, is unique as a single tower set within a gated community stretching over 110,000 square feet. The residents-only Clubhouse & Spa includes a state-of-the-art fitness centre, an authentic Banyan Tree spa experience, saunas, a squash court, and an expansive indoor children’s play area.

 

Outdoors, the residents will enjoy a 31-meter resort-style swimming pool, a children’s pool, a children’s play area, and a poolside café, all set along the extensive outdoor green spaces with lush landscaping. Concierge and 24-hour security will be provided, with Banyan Tree’s management ensuring their internationally-renowned levels of service and hospitality are offered to the residents. 

 

Interior finishes include 3.2m high ceilings, Grohe fixtures and Villeroy and Boch sanitary ware. Custom kitchens feature quartz and Zebrano wood detailing with Siemens and Smeg stainless steel appliances. 

 

The much-anticipated project, set to become one of Dubai’s most desirable addresses, has already garnered considerable commitments from notable private investors. The official launch of sales is planned for Q1 of 2018, in conjunction with the completion of the on-site sales center and show apartment. Completion of the project is scheduled for Q3 of 2019, with construction having commenced at the start of 2017.

 

Mr. Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings commented: “This is our first entry into the emerging branded residence space in the Middle East. Our offering is truly unique in that we are giving our end users the experience of a luxury retreat that they would expect from our hotels and resorts, however, there is no end to the holiday. This will be their home.” 

 

Mr. Maher Sweid, Managing Partner of Sweid & Sweid, commented: “With over 2 years in design and development, we are excited to finally announce this landmark project and our partnership with Banyan Tree. In line with our corporate philosophy underpinned by the commitment to delivery, construction commenced far ahead of the public sales launch, which will give assurance to buyers about the timely delivery of the project. Interested buyers can go online and register to be the first to be invited to the launch of the sales center.”

 

Buyers will also receive membership to the Banyan Tree Sanctuary Club, which entitles them to privileged access to over 40 resorts and hotels, more than 60 spas, 70 retail galleries and 3 golf courses worldwide. Owners can choose their preferred global escape while enjoying an array of discounts and priority benefits, including invitations to Banyan Tree Community organised events, as well as free stays at pre-opening resorts and hotels through the Group’s Xperential Guest Programme. Additionally, owners also receive access to the Banyan Tree Private Collection, an exclusive destination club with a portfolio of villas in stunning locations around the world.

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