Location Map Floorplan

La Residence at the Lotus, Business Bay:

New Pre-launch of this spectacular development in the most sought after investment area of Dubai; The Business Bay. The Business Bay is very located along side the Dubai International Finance Centre (DIFC) as well as the Burj Dubai (the worlds tallest building). It will soon become the business address for the middle east and as there is only 30% set aside for residential units, The Lotus will become an extremely sough after development.

Development Features:

• Spectacular 58 story tower
• Located on an Island, in a prime position in the Business Bay
• Grand entrance and separate lobbies
• Outdoor and indoor swimming pools
• Kids pool
• Jogging track
• Function rooms
• State of the art gymnasium
• Sauna/Spa bath/Steam room and massage
• Fine dinning restaurants and cafes
• Shopping outlets

 

The Lotus:

The architectural design motivated by the petals of the Lotus flower, comprises of four flowers on a circular podium with its form tapering from the bottom to top.

The first of the 4 spectacular towers being built is La Residence at the Lotus. It is a perfect balance of design dominated by a sense of beauty and the highest quality.

Premier Luxury Residence:

• 1,2 and 3 bedroom apartments
• Each apartment with its very own private spa bath
• Thoughtfully planned space and utilities
• Tastefully chosen furniture and joinery
• Elegantly designed interiors

 

Distinctive Home Features:

• Parking at 5 basement levels with valet parking
• Laundry service
• 24 hour security
• up to date IT facilities
• Room service
• 24 hour concierge

 

Payment Terms:

• Deposit: 10% on siginng reservation form
• 1st Instalment: 10% Within 30 days from signing of reservation form
• 2nd Instalment: 10% Within 120 days from signing of reservation form
• 3rd Instalment: 10% Within 180 days from 2nd Instalment due date
• 4th Instalment: 10% On completion of Podium
• 5th Instalment: 10% On completion of 15th floor structure
• 6th Instalment: 10% On completion of 30th floor structure
• 7th Instalment: 10% On completion of 45th floor structure
• 8th Instalment: 10% On completion of structure
• 9th Instalment: 10% On completion

 

Price and Availability:

• 1 bedroom 877 ft2 prices from 1,057,000 (£146,800) to 1,148,000 (£159,444)
• 2 bedroom 1372 ft2 prices from 1,648,000 AED (£228,888) to 1,710,000 (£237,500)
• 3 bedroom 1557 ft2 prices from 1,869,000 AED (£259,583) to 1,923,000 AED (£267,083)

Dubai Business Bay

Spanning 64 million square feet from the famed Dubai Creek to Sheikh Zayed Road, Dubai Business Bay offers office and residential units surrounded by beautiful landscaped gardens, fascinating canals, retail shops and fine dining. The Dubai Business Bay will feature facilities such as office and residential towers set in landscaped gardens interspersed with a network for roads, pathways and canals. The ambience will be designed to add to the magnificence of the project and provide a highly conducive environment and infrastructure for business from around the world that wish to establish their local, regional and international headquarters at the Business Bay.

Dubai's Business Bay will be similar in nature to Manhattan or Ginza, which are the business centres for New York and Tokyo. In the past the prosperity of Dubai depended heavily on the Creek. The first phase of Dubai's incredible transformation into a regional hub was begun with dredging the Creek in the 1970's. It is expected the new extension on the Creek will mark Dubai's entry into the globalbusiness cities' league.

The Business Bay is the cornerstone of the new economic push to extend the international role of the UAE. It was undertaken after extensive studies by some of the world's top consultancies, and reflects the ambitious vision of Dubai and the role that the UAE is about to play as a leading international commercial and business centre. The ambitious project will attract a large number of regional and international firms, especially with its modern infrastructure and facilities, in addition to the existing business friendly rules and regulations.

Business Bay will fulfill the growth needs in the medium and long term. Besides the growing demand of the local economy-- which is projected to achieve an average growth of 5 to 9% annually over the next few years, Dubai and the UAE in general is attracting increasing foreign investment. Hundreds of companies are setting up offices in Dubai every month and an increasing number of regional and international companies are working from the country.

Demand for office space in Dubai will outstrip supply in 2007, according to Tamweel CEO Adel Al Shirawi and cited by Gulf News. Research carried out by the home financing firm has revealed demand will jump by 5.7m sqft next year. Al Shirawi added that, due to many developments focusing on residential needs, not enough commercial projects will come on stream next year to meet the hike.

 

Business Bay will be a world beating location for leisure and business

 

NB. Please note that the prices provided above are accurate at the time of publication and are fixed in AED. The prices may change according time, availability and exchange rates, so please contact us for the latest details.

 

 

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