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The pioneering new development comprises 12 buildings, ten of which are residential and features 60 villas located at the plaza level, 16 boutique office villas, and a three-level podium that offers parking bays for 3,602 vehicles.
The handover of The Executive Towers, which includes 176 commercial units and 2,211 residential units, will be launched with a comprehensive customer service program. The program is designed to deliver a seamless transition for homeowners and investors with an unprecedented level of services and amenities at their disposal.
Khalid Al Malik, Group CEO of Dubai Properties Group, said:
"Dubai Properties Group is delighted to begin the handover of The Executive Towers. This landmark development stands as a pivotal point in the evolution of Business Bay, and is a building block for other great projects to follow. Business Bay continues to meet several important milestones with the extension of the Dubai Creek nearing completion."
The name of the 11 towers has now been revealed by Dubai Properties Group. The first four residential towers facing east will be named East Heights 1-4, while the fifth, a 39-floor commercial property, will be called Aspect Tower. The remaining six residential towers, facing west, will be named West Heights 1-6. The development will also include a 307-room Hotel Tower.
Al Malik added, "Business Bay is a representation of the unparalleled business expansion the Emirate has experienced in the past three decades. The handover of The Executive Towers confirms Dubai Properties' commitment to the continued development of Dubai's landscape by delivering projects that surpass our customers' expectations."
Residential spaces at The Executive Towers include studios, loft apartments, four-bedroom terraces, garden apartments, and one, two, three, and four-bedroom apartments. Additional features will include 24-hour security and maintenance, state-of-the-art health clubs with swimming pools, plaza-level landscaped gardens and direct access to the adjacent Bay Avenue featuring 185 retail outlets.
The Executive Towers is the second major freehold project to be handed over by Dubai Properties Group following the successful release of Jumeirah Beach Residence (JBR), the largest single-phased development in the region.
Dubai Properties Group represents a diverse spectrum of residential, commercial and mixed-use developments including Business Bay, The Villa, Jumeirah Beach Residence, Al Waha, REMRAAM and Shorooq Mirdif.
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Posted by Rana Mesbah
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