Real Estate
New Tower in Al Barsha by Dubai Investments getting ready for handover in September 2020
Dubai Investments Real Estate Company (DIRC), a subsidiary of Dubai Investments, has announced steady progress on the construction of the Al Barsha Tower situated in the Al Barsha area in Dubai, with the project 95% finished and being readied for handover in September 2020. The project is created to provide an excellent mix of residential and commercial offerings with impeccable facilities at a strategic location.
Obaid Mohammed Al Salami, General Manager of Dubai Investments Real Estate Company, said: The Al Barsha Tower is DIRCs first scheme in the Al Barsha area. With the opening of the Mall of the Emirates for more than a decade now, the Al Barsha area has now grown to a significant commercial and residential hub with affordable housing options in Dubai.
The areas location and convenience make it a great option for families. Offering an excellent mix of residential and commercial spaces, set amidst a cosmopolitan atmosphere, we are confident that the tower will present ideal living space, presenting a perfect mix of residential and commercial options. Spread over an area of about 39,000 Sq.ft, the tower will include a mix of 278 residential units including off 132 studios, 122 one-beds and 24 two-bed suites spread on 14 floors.
The tower also holds more than 22,000 Sq.ft of business area well-laid out to include 7 retail outlets. The recreational amenities within the tower include a gym and a play area. The tower is also inclusive of 4 levels of closed parking for over 300 vehicles.
Located within walking range from the Mall of the Emirates and next to the First Al Khail Street at Al Barsha 1, the tower is accessible by Sheikh Mohammed Bin Zayed, Al Khail, and Sheikh Zayed roads, giving great accessibility. Over the years, DIRC has presented residential, retail and industrial assets across the UAE. DIRCs residential projects in the UAE involve projects such as the Mirdif Hills in Mirdif, Ritaj in DIP, and other residential and mixed-use buildings across the UAE.