Danube Properties has unveiled its latest project, Bayz101, a 101-level megatall tower in Business Bay, Dubai.
The tower will have 1,346 apartments, making it the developer’s largest project to date in terms of both units and overall space. The development will include apartments ranging from studio size, which starts at Dh1.2 million, up to four bedrooms, which start at Dh5.8 million.
The larger apartments in the project, including the majority of two beds, all three beds, and all four beds, come with their own swimming pool. The tower will also have a rooftop swimming pool, a health club, and a jogging track.
The project’s total development value is more than Dh3 billion.
Bayz101 is Danube Properties’ 28th real estate project in Dubai and is expected to be completed in 2028. It will be among the world’s tallest residential towers, alongside Princess Tower and Marina 101 in Dubai Marina.
Rizwan Sajan, founder and chairman of Danube Group, described the launch of Bayz101 as a “historic moment” for the developer.
“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,” Mr Sajan said. “It is a historic moment for us as we announce the biggest and tallest tower in our portfolio”.
Danube Properties has launched 28 projects since it entered the real estate market in June 2014, with a combined development value exceeding Dh18 billion1.
The project launch is the latest in a series of high-end launches in recent weeks. Dubai property sales continued to register price increases in recent months.