Following the huge response to the launch of Bay Square, RSG International, prime real estate and property developers in the UAE, unveiled their latest project Building No. 4 in Bay Square earlier this month. This well-planned commercial boutique building has been segregated into 60% commercial and 40% retail space, which makes it the smallest commercial freehold building in the Dubai’s property market.
Imparted with special privileges, Building no.4 is the only commercial building within the portfolio of Dubai Properties Group that are allowed to sell retail spaces.
Bay Square is set in the surroundings of scintillating water bodies and picturesque skyline of Dubai. Specially designed with a grand five storey parking space of 175 in the basement, Building no. 4 is spread across in five levels. Connected to the adjacent five star hotel by a footbridge, the building adorns an impressive feature with its panoramic lift, overlooking the lush settings of the neighbourhood.
Mr. Raj Sahni, Chairman RSG International, expressed his utmost exhilaration about the new project, saying, “With intent to diversify our portfolio, we are proud to unveil our second venture in an exceptional location that is a fantastic addition to RSG International. We have backed our initiatives with a firm payment plan that best supports the investors. Also with the exclusivity granted by DPG, this building will appeal to many and up the bar for not only RSG but also for other developers in the market in Dubai.”
Bay Square offers prime residential, office and retail space in the heart of Business Bay, Dubai’s new vibrant centre. Bay Square’s 5.1 million sq feet built-up-area is attracting multinational and regional businesses and discerning residents, with contemporary customizable offices and stylish residential apartments with retail outlets in ground and plaza levels. Bay Square is a 13 building, mixed-use, low-rise development of up to 16 storeys high. The entire pedestrian only zone has a built up area of 430,000 square meters.
Banke International, a Dubai based real estate company, has been chosen as the official property agent for RSG International to manage the leasing of building no. 4 in Bay Square.