Gemini Property Developers has broken ground on a 29-storey new Business Bay tower in Dubai. The building is slated for completion in May 2020 – five months before the Expo 2020 begins on October 20, 2020.
Comprising 455 apartments, Symphony tower is the second project in a series of high-end luxury residential projects planned by the developer.
The new tower will house diverse units that include studio, one, two and three-bedroom apartments. The project will also include smart home technologies, gym, yoga lawn, swimming pool, rooftop BBQ, jogging track, kid’s play area and shops, the company said in a statement.
Sudhakar R Rao, managing director of Gemini Property Developers, said: “Dubai’s upward market trend has given us enough reason to launch new projects. Due to growth of non-oil economy, Expo 2020 and other mega developments, we foresee the market to remain on this upward trajectory of sustained growth.
“The UAE has emerged as one of the most vibrant, cosmopolitan and progressive countries in the Middle East and there is very strong demand for value-for-money housing in many parts of the country. We are confident that due to UAE’s preference for high-quality living, our projects will be well received,” he added.