Dubai: Deyaar has unveiled a Dh1 billion mixed-use tower, the South Bay, for Business Bay.

The 63-storey structure will have a built-up area of 1.3 million square feet-plus. The formal launch will happen later.

This will be the first Deyaar project incorporating three components: residential, serviced apartment and hotel units. It will comprise 926 units in all.

According to Saeed Al Qatami, CEO, “South Bay will be the perfect addition to our growing portfolio, as a property suitable for anyone looking to live at a prestigious address in the heart of modern Dubai.”