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Banyan Tree makes move into residences sector in Middle East

Banyan Tree makes move into residences sector in Middle East

UAE-based developer Sweid & Sweid has partnered with Banyan Tree to develop and deliver the first Banyan Tree Residences in the Middle East.

Located on a large island site where DMCC, the Montgomerie Golf Course, the Emirates Golf Course and Emirates Hills intersect on Al Telal Street, the elegant new residential tower will boast tremendous views in all directions.

Its 244 residences will stretch over 32 stories and include one, two, three and four-bedroom apartments, duplex apartments with private outdoor gardens, and three full-floor penthouses crowning the building.

The penthouses offer large terraces featuring cantilevered swimming pools overlooking the spectacular views.

Banyan Tree Residences, Hillside Dubai, is unique as a single tower set within a gated community stretching over 110,000 square feet.

The residents-only Clubhouse & Spa includes a state-of-the-art fitness centre, an authentic Banyan Tree spa experience, saunas, a squash court, and an expansive indoor children’s play area.

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Outdoors, the residents will enjoy a 31-meter resort-style swimming pool, a children’s pool, a children’s play area, and a poolside café, all set along the extensive outdoor green spaces with lush landscaping.

Concierge and 24-hour security will be provided, with Banyan Tree’s management ensuring their internationally-renowned levels of service and hospitality are offered to the residents.

The much-anticipated project, set to become one of Dubai’s most desirable addresses, has already garnered considerable commitments from notable private investors.

The official launch of sales is planned for quarter one of 2018, in conjunction with the completion of the on-site sales centre and show apartment.

Completion of the project is scheduled for quarter three of 2019, with construction having commenced at the start of 2017.

Ho Kwon Ping, executive chairman of Banyan Tree Holdings, commented: “This is our first entry into the emerging branded residence space in the Middle East.

“Our offering is truly unique in that we are giving our end users the experience of a luxury retreat that they would expect from our hotels and resorts, however, there is no end to the holiday.

“This will be their home.”

Buyers will also receive membership to the Banyan Tree Sanctuary Club, which entitles them to privileged access to over 40 resorts and hotels, more than 60 spas, 70 retail galleries and three golf courses worldwide.