Deyaar announce 70-storey residential project, construction to begin in August

Deyaar Development announced the launch of Regalia, a Dhs1 bn luxury skyscraper in Business Bay offering a smart and high-end urban lifestyle.

Regalia will be the tallest tower Deyaar has ever built. The 70-storey premium residential building 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.

The project also features 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.

Speaking on the announcement, Saeed Al Qatami, CEO of Deyaar Development, 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. Residents and investors can 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. As always, we affirm our commitment to delivering projects on time and look forward to commencing construction of Regalia in August 2021.”

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.

“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 luxury apartments will feature branded built-in appliances. Investors can register and complete their purchase formalities with an initial upfront payment of just 10% 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 added.