The St. Regis Residences, located on Financial Centre Road in Dubai, United Arab Emirates, has achieved a construction milestone with the topping-off ceremony recently held at the site.
The event marked the completion of the structural framework of the luxury development, with the project’s completion expected in 2025, according to a press release posted on Zawya.
The ceremony was led by Zuari Infraworld and SJM Properties and was attended by stakeholders and project partners, including representatives from Adventz Group, East & West Properties, Driven Properties, and others.
Driven Properties founder and CEO Abdullah Alajaji said: “The unprecedented sales success we witnessed at the launch of The St. Regis Residences is a clear reflection of the market’s appetite for ultra-luxury properties that offer both exclusivity and an elevated lifestyle.
“We are honoured to be part of such a groundbreaking project that is setting new standards for luxury living in Dubai.”
This milestone comes on the heels of a sales achievement for The St. Regis Residences, with 70% of the units sold within the first hour of their launch.
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By GlobalDataThe St. Regis Residences offers a range of home sizes, from one-, two-, and four-bedroom units to five-bedroom penthouses.
The sizes of these units vary from 970ft² to 9,325ft², providing options that are claimed to be up to 50% larger than the average in the region.
Adventz Group promoter Akshay Poddar said: “We are delighted to have reached this critical stage in the development of The St. Regis Residences, Financial Centre Road, Dubai.
“Today’s ceremony is a testament to the hard work and dedication of everyone involved in this project. The incredible demand and swift sales at the launch have only reinforced our confidence that this development was tailor-made for the discerning luxury market.”