Deyaar appoints main contractor for $140mn luxury residential project

The project will have a built-up area of one million sqft and is scheduled for completion in 2025

Developer and real estate service provider Deyaar Development has appointed the main contractor for construction works at its Tria luxury residential project. The 32-storey project is taking shape in Dubai Silicon Oasis (DSO) and is being developed at a cost of US $140mn, the developer said without naming the contractor.

Work on Tria has already been initiated and is set for completion in 2025 as scheduled, the developer said in a statement. Once complete, the project will include a wide range of residential options including studios, one-, two- and three-bedroom apartments, townhouses, duplexes, and penthouses.

The project will include several features including smart-home automation, energy-efficient solutions, built-in appliances, elegant interiors and floor to ceiling windows presenting panoramic views of Dubai’s skyline, a statement from the developer explained.

“We are delighted to announce the latest milestone for Tria, our flagship urban sanctuary of Dubai Silicon Oasis. The selection of the main contractor for a project of this magnitude is never an easy task, as we always seek to engage reputed parties with a proven track record in delivering projects on time and to the highest quality, health and safety standards. This vital step reflects our steadfast commitment to delivering world-class quality and on-time completion for our luxury development in Dubai Silicon Oasis,” said Eng. Ayman A. Al Hammadi, Senior Vice President – Projects & Commercial at Deyaar.

In late January 2023, the RTA completed the Sheikh Zayed bin Hamdan Al Nahyan street improvement project and Deyaar said it had completed the Mesk and Noor districts in its Midtown master development in Dubai.

The residential tower takes suburban living to the next level with best-in-class wellness, fitness and resort-style amenities including swimming pools, clubhouse, state-of-the-art gymnasium, yoga pavilion, steam and sauna rooms, squash and paddle courts, outdoor cinema, and plenty of lush, landscaped greenery, the statement continued.

With a built-up area of over one million sqft, the luxury tower will be served by transport links that provide fast access to major highways, including Sheikh Mohammed bin Zayed Road and Al Ain Road.

“Ever since the commencement of sales last year, we have witnessed exceptional demand for Tria from customers, who are attracted by its elevated lifestyle and unique design that puts residents’ wellbeing at the forefront. We look forward to making swift progress on this extraordinary project, building an outstanding community at the heart of Dubai. As with all our projects, we will provide our investors with construction updates and keep them posted on the progress of Tria,” Al Hammadi added.

Tria by Deyaar represents a great addition to DSO’s vibrant fabric, which has rapidly emerged as one of the leading destinations in the UAE for people to live, work, play and study. DSO today boasts a population of more than 90,000 people with 215 buildings and nearly 900 retail establishments dotted across the smart and sustainable living community. Tria by Deyaar therefore offers excellent value for people looking for a self-sustained lifestyle community with round-the-clock security and close proximity to schools, medical facilities, shopping mall, and universities, the statement concluded.

In early February 2023, DAMAC Properties awarded its $241.2mn main works construction contract for Cavalli Tower.

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