Core Savills seals Banyan Tree Residences deal

Sweid & Sweid, a Dubai-based boutique real estate company, has appointed property services firm Core Savills as the lead sales agent for Banyan Tree Residences – Hillside Dubai. The project will fall under the Banyan Tree Residences collection and will be the luxury property brand’s first project in the Middle East. The 32-storey, single tower development includes one-, two-, three- and four-bedroom apartments, duplex apartments with private outdoor gardens, and three full-floor penthouses crowning the building with large terraces featuring cantilevered swimming pools with views over the Emirates Golf Course and the Arabian Gulf. Residents will be able to enjoy the peace and tranquility associated with the Banyan Tree brand thanks to extensive green spaces and lush landscaping within the 110,000-sq-ft gated community. A resident-only clubhouse and spa will feature an authentic Banyan Tree experience, staffed by Banyan Tree therapists, while those looking to get active will have the use of a hitech fitness centre. A director of residences will ensure residents and their guests receive the high standard of service and experience Banyan Tree has earned a reputation for around the world, said the statement. Saunas, a squash court, and an expansive indoor children’s play area will also be available. Outdoor amenities also include a 31-m resort-style swimming pool, children’s pool and play area and a poolside café. Maher Sweid, the managing partner, said: "This is a Middle East first for Banyan Tree Residences and an iconic addition to Dubai’s skyline. Core Savills has an excellent reputation in the region, with a proven track record of success in Dubai, the UAE and globally." “Having now reached the fourth floor, the construction continues its fast track forward and is in line for completion next year. We are excited to launch the sales process next month and offer the market an opportunity to participate in this urban residential oasis,” he added. Core Savills combines unrivalled local market insight with international best practices and reach offered through the Global Savills network of over 700 offices, said a top official. "We are confident that the project’s location, five-star resort-style amenities, superior finishing and the broad range of layouts will appeal to a variety of potential buyers looking for truly exceptional properties in one of the world’s most dynamic cities," remarked CEO David Godchaux. Manisha Dayaram, the head of project for Core Savills, said: "The development, which will be one of the finest residential towers in the UAE, is the perfect destination to combine residential living with resort style luxury." "We have already received tremendous feedback and interest, which comes as little surprise as this luxury urban resort concept is unique and the construction progress before the sales launch confirms the commitment by the developer,"