Staff Report,
Dubai, UAE
Danube Properties, one of the leading real estate developers in the UAE, announced the launch of its tallest development project to date, Bayz101, a 101-floor mega-tall tower in Business Bay. It will be Danube Properties’ 28th real estate project and the announcement comes when the company completes a decade in business. The project will deliver 1,346 homes once completed in 2028.
With a built-up area of 2.1 million square feet, Bayz101 stands as the developer’s largest project in terms of both units and overall space. Offering a diverse range of living spaces, including studio apartments, one- to four-bedroom apartments, and retail options, Bayz101 caters to a variety of lifestyle needs. Starting at a price of Dh1.2 million for studio units, the project’s total development value reaches above Dh3 billion.
Apart from offering views of Dubai’s skyline, Bayz101 will also offer more than 40 lifestyle amenities, in addition to the health amenities like a health club, swimming pool, and a jogging track. Other facilities include sports arena, working space, business centre, meeting place, tennis court, sky bar, and doctors on call.
Rizwan Sajan, Founder and Chairman of Danube Group, said, “Dubai is bold and beautiful and the city has inspired us to take bold initiatives. It is an attractive destination, a hub of innovation and a land of opportunity for those who don’t shy away from hard work. Bayz101 is a dream and it is also our statement. It reflects our larger-than-life dream and it also reflects that we convert our dreams into reality. It is a historic moment for us as we announce the biggest and tallest tower in our portfolio.”
With Bayz101, Danube Properties’ project portfolio stands at 16,234 units spread across 28 projects, with a combined development value exceeding Dh18 billion so far.
Danube Properties’ homes come with a trend-setting 1 percent monthly payment plan following the initial deposits, making home acquisition more affordable and attractive. Danube Properties offers homeowners a 10-year Golden Visa, especially those who qualify as per the investment criteria, subject to government approval.
The development of Bayz101 will reinforce Dubai’s position as the City of Skyscrapers, which currently hosts three towers with more than 100 levels, including Burj Khalifa, the world’s tallest tower, Marina 101, and Princess Tower. Dubai and Chicago jointly hold the record for hosting the highest number of towers with 100 floors, followed by Shanghai and Guangzhou. Moreover, Bayz101 will be one of the world’s tallest 25 towers, exceeding the 100-level landmark in the world.
Ends
Also read: Danube Properties sees the simultaneous launch of off-plan Sportz and ready-to-move-in Eleganz
