Development of the Month: Biltmore Residences
For June 2023, MyBayut has chosen Biltmore Residences as their featured Development of the Month. Biltmore is a renowned brand recognised worldwide for its refined style and sophistication, with a portfolio of hotels, resorts and residences. The Biltmore Al Sufouh is the newest addition to their impressive list of properties. Here’s what we know about the newly launched residences so far.
ABOUT BILTMORE RESIDENCES AL SUFOUH
The Biltmore Residences, situated in Al Sufouh, promise exceptional services. With top-notch amenities such as housekeeping, valet services, gourmet dining and a personalised concierge, living here guarantees a luxurious experience. Also, residents can enjoy scenic views of Burj Al Arab, Palm Jumeirah and the Arabian Gulf.
Dubai boasts an impressive array of remarkable building exteriors, and the upcoming Biltmore Residences Al Sufouh is set to join this list. The Gary Greene Design team has expertly designed the 44-storey building’s exterior to create the appearance of circular movement within the towers. The property’s lobby will be a standout feature, showcasing the magnificence of the entire project.
Another factor that adds enormous appeal is the Biltmore Residences’ location. Al Sufouh connects to Dubai Internet City, Dubai Media City, Knowledge Village and Dubai Marina. Dubai Internet City Metro Station is just a short distance from here. And more importantly, investors in recent years have seen it as a high-growth area.
APARTMENT TYPES IN BILTMORE RESIDENCES
You will find 1 and 2-bed units in Biltmore Dubai, the Signature Collection. These apartments showcase excellent craftsmanship and provide a comfortable lifestyle. Featuring top-notch finishes, balconies that allow natural light and air to flow in, and a kitchen equipped with modern appliances, these properties can compete with any other project in the emirate.
The 1-bed Signature Collection apartments will cover an area of 635 to 754 sq. ft. For 2-bedroom apartments, the covered areas would be 1,087 to 1,334 sq. ft.
2 and 3-bed penthouses would be available on the top six floors of the apartments. The “Atmosphere Collection” would offer spectacular skyline views to go with the elegant designs and spacious ambience.
The Atmosphere Collection’s penthouses will have a covered area of 986.7 to 2,744 sq. ft.
BILTMORE RESIDENCES AMENITIES
When it comes to Biltmore Residences amenities, you can expect top-notch offerings. The master plan encompasses facilities that cater to individuals of all ages and interests. Residents can find:
- Paddle tennis court
- Swimming pool
- Sports ground
- Social and commercial facilities
- Shop
- Landscaped green area
- Concierge
- Common area with pool
- Children’s pool
- Children’s playground
- Barbecue area
- Health club
- Zen garden
BILTMORE RESIDENCES PAYMENT PLAN
Here’s a look at the payment plan.
Payment Milestone | Payment % |
|---|---|
Payment Milestone On Reservation | Payment % 10% |
Payment Milestone On signing of the SPA | Payment % 10% |
Payment Milestone After 3 months | Payment % 5% |
Payment Milestone After 6 months | Payment % 5% |
Payment Milestone After 9 months | Payment % 5% |
Payment Milestone After 12 months | Payment % 5% |
Payment Milestone After 18 months | Payment % 10% |
Payment Milestone On handover (anticipated Q1 2025) | Payment % 10% |
Payment Milestone Three year post-handover payment plan payable every 6 months | Payment % 40% |
FAQS ABOUT BILTMORE RESIDENCES
WHAT KIND OF LIFESTYLE CAN ONE EXPECT HERE?
A premium hotel brand will manage the flats here. So, you can expect top-of-the-line services. Plus, with the incredible facilities, from the children’s play area to the adult pool, there would be much to do for every family member.
WHAT IS THE EXPECTED COMPLETION DATE?
The expected completion date for Biltmore Al Sufouh is Q1 2025.
If you are looking for an investment opportunity in Dubai, consider Biltmore Residences, an exclusive project for AX Capital. The favourable 5-year interest-free payment plan allows flexibility, and the development will likely offer high ROI in the long run.
Stay tuned to MyBayut to learn about new residential and commercial projects in Dubai and the UAE.
Title Image Credit: GJ Real Estate
