DP starts handover of 'Bay Square'

Dubai Properties, DP, the development company of Dubai Properties Group (DPG), has said that the handover process has commenced at its mixed use Bay Square development in Business Bay.

Bay Square comprises 13 low-rise buildings which include residential, commercial, retail units and a hotel facing a landscaped courtyard. DP has commenced handovers with new owners of up to 570 commercial units, covering one million sq. ft., in Bay Square, and with new tenants of over 120 retail units at the podium level.

Commenting on the development, Khalid Al Malik, Group CEO of DPG, said, "Since its launch, we have witnessed a strong response from local and overseas investors in Bay Square and are now proud to see handovers commence on this centrally located, high quality mixed-use development. DP will continue to deliver integrated projects in every segment and corner of Dubai, to support the growing real-estate sector."