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Home Real Estate

Omniyat completes The Binary in Business Bay

Aaron Joshua Sinamban by Aaron Joshua Sinamban
May 11, 2015
in Real Estate

Omniyat, Dubai-based real estate development group, has received the Building Completion Certificate for The Binary by Omniyat, its third completed project in Business Bay. The project, which will add almost 500,000 square feet of commercial and retail space to Dubai, is now ready for handover.

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Located at a vantage point opposite The Opus in Dubai’s Business Bay along the  upcoming Dubai Creek development, the Binary boasts majestic views of Burj Khalifah,  the creek and the Meydan Hotel.

The handover of The Binary pegs the value of Omniyat’s ready projects at over AED3  billion, with an additional AED9 billion worth of projects currently under development  bringing the total to AED 12 billion. These have been designed to articulate the  developer’s focus on generating superior value proposition and yielding high returns.

The 29-floor structure comprises two connected 21-storey and 24-storey towers sitting  above five podium levels, offering unique amenities including 15 ground floor retail  shops and three basement levels with 1,218 parking bays.

Tags: Business BayDevelopmentInfrastructureOpusReal estateTowers
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