Leading property developer Deyaar Development PJSC, has announced that it has completed the selection of the main contractor for constructing its planned $140 million Tria project, a unique luxury residential tower in Dubai Silicon Oasis (DSO).
The latest addition to Deyaar’s portfolio, Tria, is a 32-storey integrated residential project at the heart of DSO, a free zone technology park which is also a member of the Dubai Integrated Economic Zones Authority (DIEZ), Deyaar wrote in a statement.
“Work on the Tria project has already been initiated and is set for completion in 2025 as scheduled,” the statement noted.
As per the property developer, the total cost of the project is AED 515 million ($140 million), and once completed, will include a wide range of residential options including studios, one-, two- and three-bedroom apartments, townhouses, duplexes, and stylish penthouses.
The Tria project also provides exceptional features, such as smart-home automation, energy-efficient solutions, brand-new appliances, elegant interiors and floor to ceiling windows presenting panoramic views of Dubai’s skyline.
Commenting on the development, Ayman A. Al Hammadi, Senior Vice President – Projects & Commercial at Deyaar, said, “We are delighted to announce the latest milestone for Tria, our flagship urban sanctuary of Dubai Silicon Oasis.”
He said, 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.