Trident adds another residential tower to Dubai Marina skyline

Trident International Holdings has launched Bayside Residence in Dubai Marina, company representatives said.

"Having established ourselves in the rapidly-growing freehold property market in Dubai with our earlier projects - The Waterfront and Marinascape - we are proceeding with Bayside Residence," said Wazir Daredia, executive director and chief executive of Trident, a real estate developer based in Hong Kong.

"Bayside is aimed at bridging the ever-increasing gap between the demand for and the available supply of premium freehold residential properties in Dubai," he said.

"Contrary to the talk of a slowdown in the property market in Dubai, we are actually witnessing a substantial rise in demand for quality niche freehold properties. This is a clear indication of the growing confidence of investors in the freehold real-estate sector.

"Bayside Residence will offer investors the opportunity to participate and benefit from Trident's progressive and ultra-exclusive and innovative developments," he said.

The 22-storey Bayside Residence will offer 101 waterfront apartments, Marina Homes and penthouses.

It will have infinity pools and high-tech amenities. These were pioneered by Trident in the region, company officials said.

Other features include home theatre systems with 42-inch plasma screens in every apartment, the officials said.