Business | Property
Baani unveils Dh1.5b Dubai project
Indian developer Baani on Sunday launched its first project in the UAE, valued at Dh1.5 billion in Dubai Maritime City, in conjunction with Gowealthy.com.
- By Suzanne Fenton, Staff Reporter
- Published: 00:04 July 21, 2008
- Image Credit: Supplied picture
- The iDubai project is similar in design to the Flatiron building in New York City. All the apartments in the project will have sea views.
Dubai: Indian developer Baani on Sunday launched its first project in the UAE, valued at Dh1.5 billion in Dubai Maritime City, in conjunction with Gowealthy.com.
The iDubai is located at the Harbour Residences of Dubai Maritime City and it comprises two 50-storey towers, the iTower and Sky Tower, offering residential and 10,000 square feet of retail space and 40,000 square feet of office space.
Baani president Virendra Bhatia said: "The opportunity we saw in Dubai...we felt a kind of scale that is not available in India."
Due to its sleek, slim shape, the iDubai is similar in design to the Flatiron building in New York City.
There is a seven-storey atrium, and five levels of podium parking in each tower. All the apartments will have sea views.
The iTower has seven one and two-bedroom apartments per floor. The one-bedroom units will be between 1,050 sq ft and 1,425 sq ft and the two bedroom units will be between 1,720 sq ft and 1,990 sq ft.
The Sky Tower has three bedroom sky villas, with one villa measuring 3,280 sq ft, on every floor. Each villa has an infinity pool.
Phase two of iDubai will include garden villas ranging between 3,200 sq ft to 4,100 sq ft and eight townhouses.
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