Strong investor interest after launch of Bellevue Towers in June

Dubai, UAE, July 26, 2016:  In response to the strong market demand, Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced the launch of the second tower of Bellevue Towers for sale. The sought-after residential development has garnered huge investor interest and high customer demand after the iconic Bellevue Tower 1 was launched in June this year.

Part of a two-tower development located in the heart of Business Bay, close to the waterfront of Marasi Business Bay and with panoramic views of the Burj Khalifa Master Community, Bellevue Towers is set to offer a unique lifestyle for residences looking for a stylish and upscale residential destination. With 23 residential floors and over 300 units ranging from one, two- and three-bedroom apartments, to three-bedroom penthouses and lofts, the launch of the second phase of the sophisticated and modern property is in line with recent data released by the Dubai Land Department (DLD) recording a 14% increase in land transactions of apartments for the second quarter of 2016.

Marwan Al Kindi, Executive Director – Sales and Sales Operations at DP, said: “The strategic location and reasonable price-point of Bellevue Towers is one of the main attractions for buyers and investors who are on the lookout for high-quality, lively residential destinations at the heart of the city. Our decision to bring forward the launch of the second tower of the development is in direct response to market demand for customised, high-end properties and will continue to reinforce DP’s position as a leading and confident real estate developer with a 10-year track record of responding intelligently to market conditions.”

The bespoke sustainable design of Bellevue Towers features contemporary façade with balconies and terraces for all apartments, with desirable views of Dubai’s iconic skyline. Good quality finishes throughout the building, a landscaped podium terrace, and extensive amenities including a gym, pool and children’s pool, and playground, will ensure residents are offered an exceptional urban living experience. The development is scheduled for completion in 2019.