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Banyan Tree makes a move into residential space

Will operate a 32-storey high-rise being built by Sweid & Sweid

Gulf News

Dubai

The hotel operator Banyan Tree is making its first move into branded residences in the UAE, for a 32-storey project to be built on Al Telal Street and near the DMCC cluster and Montgomerie Golf Course.

The developer is Sweid & Sweid and will feature 244 units. The Banyan Tree Residences, Hillside Dubai, will be within a gated community stretching over 110,000 square feet. The official launch of sales is planned for the first quarter of 2018, in conjunction with the completion of the on-site sales centre and show apartment. Completion of the project is scheduled for the third quarter of 2019. Construction started earlier this year.

For information on the real estate sector within the UAE, please visit our sister site, getthat.com.

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