Dubai Select, a leading developer of investment property, is lighting up the skyline in Dubai, to celebrate their latest property launch. Appropriately called ‘Bay Central’ the AED 1.5 billion project lies at the heart of the Marina development area and to celebrate, the property developers are sending three columns consisting of 27 beams of light, soaring over one kilometre in to Dubai’s night sky, to represent the three towers to be constructed.
Mark Stott, C.O.O, commented: “The launch of Bay Central coincides with our participation at Cityscape Dubai and of course UAE National Day. Therefore we decided to mark these important occasions with something memorable and spectacular. Three columns of light over three nights, to represent our three towers and three landmark events.”
The developer has also announced that it is the first in Dubai to offer purchasers the security of an Escrow account. In conjunction with Barclays Bank and Emaar, customers of Bay Central will receive full protection of their funds throughout the construction period.
“With a number of developments severely delayed or worst still cancelled, we have pioneered the development of Escrow Accounts in Dubai. Purchasers of Bay Central can take confidence from the fact that their funds will receive full protection throughout the construction period,” added Stott.
Despite their positioning in the upper price range, Dubai Select describe their developments as ‘Exclusively Affordable’. Their innovative use of drawn-out and deferred payments cater for multiple investors and homeowners from the middle income bracket to high net-worth individuals. The marina project which combines residential property with serviced apartments and a 55 storey five star hotel boasts a prime central location in Dubai marina, sitting on the waters-edge. Construction work on the project starts later this month and is due for completion by September 2009.
Details of Dubai Selects other two marina developments, The Torch and The Point, along with details of its unique part-ownership scheme, will also be available during Cityscape which opens today (Monday) at the Dubai International Exhibition Centre (DIEC) through Wednesday.
The lights were switched on Saturday and the spectacle continueed until Monday night between 7pm and midnight.
