Residential leasing at Ibn Battuta Gate to start soon

Leasing of residential space in Ibn Battuta Gate, a mixed-use development near the Ibn Battuta Mall, will begin from next month, said a company executive.

The office spaces across 400,000 square foot of area within the development has already begun leasing with tenants already in place and operating.

Ibn Battuta Gateway comprises offices, residences and a five-star hotel.

"Ibn Battuta Gate is a new portal to a maturing location that balances city and retreat, excitement and relaxation, business and pleasure," said Brett Whalley, Head of Commercial Leasing at Asteco, which manages the flagship mixed-use development on behalf of Seven Tides.

Dubai-based Seven Tides is an internationally oriented holding company established in 2004 with a portfolio of property in hospitality, commercial and residential sectors in London and Dubai.

"Ibn Battuta Gate is at the heart of Dubai's new residential and commercial corridor. Now that the scaffolding has been removed and the preparations for the handover are in their final stages, the complex is attracting considerable interest from entrepreneurs both established and new to Dubai," said Whalley.

Construction work is now complete on the latest addition to the Dubai city skyline featuring an archway larger than the Arc de Triomphe in Paris.

The 396-room hotel within the Ibn Battuta Gate will be handed over to owner Seven Tides at the end of January for the final fitting out with an anticipated opening by the Swiss hotel group Movenpick Hotels & Resorts in May.

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