Deyaar Development has launched AED1bn ($272.25bn) South Bay, their premium residential, serviced apartment and hotel property project.
The project will be located in Dubai's Business Bay, and will have a built-up area of more than 1.3mn sq ft.
The 63-storey building will comprise 926 units, from studios through to three bedrooms, of which 448 will be residential, 133 will be serviced apartments, and 345 will be hotel units operated by a multinational brand. Amenities will include a gymnasium, swimming areas, and mini golf.
Saeed Al Qatami, CEO, Deyaar, said: "South Bay will be the perfect addition to our growing portfolio, as a property suitable for anyone looking to live at a prestigious address in the heart of modern Dubai.
“Business Bay is one of the most exciting neighbourhoods to be in today, and South Bay will be in the very centre of the city's leisure and business district."
The official sales launch for South Bay will be announced soon.