Sloanes Real Estate Celebrates Construction Milestone

Wednesday 24 August 2016

Jeddah- MENA Herald: Sloanes Real Estate Brokers, a subsidiary of the SABBAN Group of Companies, has confirmed that the topping out of the superstructure for Tower ONE on ‘Bayat Plaza’ has been completed.

Located off the intersection of Madina Road and King Abdullah Road in Jeddah, the ‘Bayat Plaza’ project is the first of its kind mixed use real estate development for the SABBAN Group in Saudi Arabia, and is being developed by Manazil, Sabban's development arm. The project will include two neighbouring towers that will offer 272 luxury apartments including 2 bedroom apartments, 3 and 4 bedroom duplexes and 5 bedroom penthouses.

“We are delighted to have reached this landmark in the development of ‘Bayat Plaza’ as we are progressing in accordance with our initial master plan,” said Arron Browne, Managing Director of Sloanes Real Estate KSA. “The timely completion of the superstructure on Tower ONE marks our dedication towards our customers, quality and tradition. Signature projects like this are another element of our commitment and contribution to KSA’s vision of 2030, by delivering attractions that further enhance the Kingdom’s credentials as an exciting place to live and visit.”

Topping out of the second tower is expected to be completed by the end of September 2016. Furthermore, future residents of ‘Bayat Plaza’ will be serviced by over 2600 sqm retail space spanning across the Ground Floor. This will include a mini market, stylish cafés and food outlets, designer boutiques, whilst the second floor will provide residents with copious facilities such as family rooms, business centers, reading rooms, games rooms, children’s play areas and a state of the art gymnasium.

“The project’s prime location will offer residents the benefit of being easily connected to both Jeddah and Mecca, with the added appeal of unobstructed, panoramic views of the spectacular Madina Road skyline,” added Arron. “In close proximity to Jeddah’s city center, ‘Bayat Plaza’ is no doubt set to be one of the most attractive destinations in this emerging residential district.”

A full mock-up ‘Bayat Plaza’ apartment is available for viewing at the Sloanes Real Estate Showroom. Interested buyers can now experience first-hand the distinguished lifestyle and luxury offered by the project, and take advantage of off-plan sales.

As of 31st July 2016, construction of ‘Bayat Plaza’ is 69% complete and development is expected to be ready by the end of 2017. Prices for apartments start from SAR 1,000,000 and can be reserved with just 10% deposit payment

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