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You are at:Home » St Regis Residences achieves AED 1bln in sales on launch

St Regis Residences achieves AED 1bln in sales on launch

March 8, 2023
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St. Regis Residences, Financial Center Road, Dubai
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The highly anticipated St. Regis Residences, Financial Center Road, Dubai is the latest branded residential tower to be launched in the city. Located in the heart of Downtown, and set for completion in 2025, the sought-after project saw 70 percent of units sell out in the first hour of the launch, with sales valued at over AED 1 billion.

The event was hosted by exclusive broker Driven Properties and sister company Refine Development Management on 7th March 2023 at the newly opened Atlantis The Royal.

In a market buoyed by the luxury segment, with no signs of a slow-down, it comes as no surprise that demand for the project would be immense. “Based on the outstanding sales at the launch, it is safe to say that St. Regis Residences, Finacial Center Road was tailor-made to fit the requirements of a modern, affluent customer. It was our pleasure to see the industry come together around such a fantastic project,” said Abdullah Alajaji, Founder and CEO of Driven Properties.

Abdullah Alajaji, Founder and CEO of Driven Properties.

The newest property to join the St. Regis Residential portfolio, St. Regis Residences, Financial Center Road, Dubai embodies urban living and unmatched luxury in one of the most desirable communities in the world. From 1-bedroom apartments to 5-bedroom ultra-plush penthouses, the units offer the largest layouts on the market – up to 50 percent bigger than the average in Downtown – and are complete with bespoke, high-end finishings and unparalleled 360-degree views.

Reflecting on the successful launch, Vinay Varma, Director at developer Adventz Group, commented, “The response to the launch of St. Regis Residences has been overwhelming and is a true testament to the quality of the development as well as the reputation of the Adventz Group.”

“We couldn’t be more pleased to be working with such esteemed partners to bring the unparalleled lifestyle and glamour of the St. Regis Residences to life in this extraordinary location in Downtown Dubai,” added Jaidev Menezes, Regional Vice President, Mixed-Use Development – EMEA at Marriott International.

Jaidev Menezes, Regional Vice President, Mixed-Use Development – EMEA at Marriott International

Inspired by rich Arabian heritage whilst staying true to the legacy of the renowned St. Regis brand dating back to 1904, this new architectural marvel is original and contemporary. The Residences epitomise effortless beauty and signature style; designed with maximum comfort in mind, its apartments and shared spaces tell the story of tradition in the details, and the finest quality ensures the ultimate in elegance.

Owners will enjoy the perks of the celebrated St. Regis lifestyle – from private chefs, Spa treatments and pet care, to use of business facilities, personal concierge services, and a lounge, library and cinema room. With an infinity pool overlooking the iconic Burj Khalifa, and fitness offerings including a Golf simulation room, Padel courts, outdoor yoga area, running track, and a gym, a wealth of carefully curated amenities elevate the standard of living to new heights.

The 232 homes in St. Regis Residences, Financial Center Road, Dubai range from 1, 2, 4, 5- bedroom to penthouses, measuring between an impressive 970 sq.ft and 9,325 sq.ft.

One of the leading brokerages in the region and specialist in the luxury segment, Driven Properties is also a member of Forbes Global Properties, an invitation-only consortium of leading real estate firms, reserved for only the 100 most elite in the world.

Source

Driven Proprties dubai intlbm luxury Real Estate Refine Development Management uae
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