Fifty-One, a Deyaar development, is a completed mid-rise office building located in Business Bay. The project consists of 4 Basements, Ground level, 3 podium levels and 17 additional floors (21 total floors).
A state-of-the-art commercial tower, 51@Business Bay is a perfect harmony of elegance, functionality and convenience.
Business Bay
Just a few minutes away from Downtown Dubai area, Business Bay is emerging as an upscale business/residential district exceeding expectations set up for Dubai’s most prominent business hub. This community is known for its many globally renowned hotels, fine dining restaurants, rich nightlife scene, long serene canal walk as well as outstanding sought after residential properties.
The entire development covers an area of 46,900,000 sq ft (4,360,000 m2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m2). The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000. Commercial development will comprise 2,653,244 sq ft (246,494.4 m2), which is 18.5 percent of the entire development; mixed use development will comprise 8,520,368 sq ft (59.4 percent); and residential development will cover 3,163,628 sq ft (22.1 percent). Business Bay will cost AED 110 billion (USD 30 billion).
Deyaar
Established in 2002 with a paid up capital of AED 18.38 million, Deyaar has grown exponentially over the past decade to become one of the leading real estate development companies in the region, with a share capital of AED 5.78 billion following its IPO in May 2007.
Deyaar is one of the largest developers in Dubai, its real estate ventures span major growth corridors and prime locations, including Business Bay, Dubai Marina, Al Barsha, DIFC, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, Al Barsha South and Al Barsha Heights.
The company’s current project portfolio includes iconic residential and commercial tower developments as well as upcoming hospitality developments.
Deyaar’s operations are divided across four key business units – Property Development, Property Management, Facilities Management and Owners’ Association Management. Through these teams, Deyaar aims to maximise investor profits, provide customers with the highest level of service in the industry and deliver real solutions that truly enhance the value of their investments.