Tuesday, September 02, 2014

New three-tower residential project to come up at DuBiotech

Deyaar, the leading Dubai-based developer has announced the launch of Montrose, a three-tower residential and hotel apartment project, located at DuBiotech Life.

The project comprises three towers – a hotel apartment, and two residential towers, named after ‘Mountain Rose’, the captivating flower.

The towers are likely to take shape in DuBiotech, a life sciences group, under Tecom Investments, and are among the greenest corridors at the extension of Umm Suqeim, towards Mohammed bin Zayed Road. The new project is just seven-minute drive from Mall of Emirates, located adjacent to Miracle Garden and 20 minutes away from Dubai Mall.

Each of the towers comprises three basement levels and 19 storeys. Two residential towers feature 68 single bedroom, 68 double bedroom and five triple bedrooms and two four bedroom apartments, the statement said.

The hotel apartment tower has been designed to include 88 studios, 68 single bedroom and 24 double bedroom units.

The housing units at Montrose will open for sale on 6th September at Deyaar’s new sales and service centre in the Burlington Tower, Business Bay.

Being the latest development address by Deyaar, the development caters to the growing need for residential and well-appointed service apartments in Dubai.  The company has forayed into this sector, mostly due to Dubai’s projection of attracting more than 20million visitors during Expo 2020.

The location of this urban upscale community has been deliberately chosen to appeal to potential investors and buyers, said the CEO of Montroe, Saeed Al Qatarmi.

He described Montrose to be a strategic project inspired by a blend of harmonious style and comfort living. The new project is sure to be another benchmark of excellence for Deyaar and emphasizes its continued industry leadership, he said.

Al Qatami said that individuals seeking to invest in Montrose can pre-register and express interest. Deyaar is offering flexi payment plans with minimal down payment, which is as low as five percent, he said.

Residents here can enjoy common amenities including landscaped garden, outdoor sitting area, kids’ play area and state-of-the-art gymnasium. Each of the tower will house a rooftop infinity swimming pool, a 24-hour concierge, an access control system, a fire-fighting alarm system, central air conditioning and CCTV surveillance.

Boasting of a health club and a restaurant, the hotel apartment will be equipped to offer high-speed internet connectivity, the company said in its statement.

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