IRIS Crystal launched
Dubai, April 29, 2008
IRIS, one of the leading property developers in the region, officially launched IRIS Crystal at a gala dinner yesterday (April 28).
Strategically located at the center of Business Bay, the Dh600 million ($163.37 million) five-star luxury business development is a 25-storey freehold office tower offering 300,000 sq ft of floor space and 12,000 sq ft of retail space on the ground level.
The event, held at the Al Ras Ballroom in the Intercontinental Hotel, was attended by 600 delegates including a number of local and international investors, consultants, architects, senior officials and media who were welcomed by IRIS with a detailed presentation of the development.
Ashwin Sheth, CEO of IRIS and managing director of Sheth Estate, said: “The impressive growth of Dubai's economy has fuelled demand for office space in premium locations, and we at IRIS are proud to announce another iconic development in Dubai prime business hub.”
Designed by internationally renowned architects, Aedas, IRIS Crystal will provide businesses with uninterrupted 280 degree panoramic views of Dubai’s regional business hub.
In addition, the commercial tower will have prominent architectural features and rich interiors with the finest fittings equipped with the latest innovative technologies. Tenants will have access to a diverse array of amenities, including health and fitness facilities, retail outlets and a state-of-the-art business centre, complemented by modern office infrastructure.
“The interior's design will ensure efficient use of space and light and will accommodate six high-speed elevators and nine levels of parking that will help achieve complete customer satisfaction through unrivalled design, and incomparable aesthetics that will ensure a high return on investment,” added Sheth.
IRIS Crystal will also offer over 672 car parking spaces and around the clock security including state-of-the-art CCTV systems, high speed internet connectivity in all units, and smart card access control.
IRIS Crystal prices start from approximately Dh2,976 per sq ft. - TradeArabia News Service