Development of the Week: Palazzo Preatoni in Business Bay
For March 2024’s last development of the week, we take a comprehensive look at Palazzo Preatoni. It is a project by the globally renowned Preatoni Properties. The upcoming development will be an authentic Italian masterpiece that will offer 1 and 2-bed units and duplexes. Properties here will be designed to cater to the aspirations of modern-day home-dwellers. Read on as we discuss the various aspects of the project, including available property types, amenities for residents, payment plan and more.
ABOUT PALAZZO PREATONI IN BUSINESS BAY
Set along the Dubai Canal, Business Bay is a trendy Dubai neighbourhood. It is a mixed-used area with dedicated residential projects and commercial developments. Its connectivity to other areas of Dubai, availability of public transport, facilities available close by and the ever-growing demand for properties make Business Bay the perfect place for real estate development.
Given the area’s popularity, many property developers consider it an ideal place for their new projects. Preatoni Properties, with its excellent reputation as a developer, has announced a project in the area.
If you are currently living in a rental space and considering buying a future home or want to invest for the long term, Palazzo Preatoni could be the perfect choice. Whether you run a business in the area or are employed by one of the companies based here, investing today could mean you have a base for the future. Plus, given the predicted trajectory of the area’s real estate market, your investment will likely pay dividends in the long run.
Business Bay is ideal for family living, with schools and healthcare institutes in proximity. Similarly, there are plenty of places to head to for shopping. Or for a night out, you are spoilt for choice thanks to living near the most happening localities of Dubai.
PROPERTIES IN PALAZZO PREATONI
As mentioned, you can buy 1 and 2-bed units and duplexes in the building. The flats will be designed with exemplary Italian taste. The focus in terms of the interior is to provide a combination of space maximisation, comfort, and a design that is pleasing to the eye. It is all about developing a place which is stylish but also homely. Similarly, the exterior will reflect the architectural layout of the Preatoni Group.
There are different layouts available. Here is a look at the covered areas of the flat:
- 1-bed unit: 861 sq. ft.
- 2-bed unit: 1,205 sq. ft. to 1,593 sq. ft.
- Duplexes: 3,745 sq. ft.
To view Palazzo Preatoni Business Bay floor plan, visit their official website.
PALAZZO PREATONI BUSINESS BAY AMENITIES
Here is a look at Palazzo Preatoni Business Bay amenities:
- Infinity Pool with skyline views
- Italian gardens with water features
- Lawns and sunken courtyards
- Orchard
- Pool deck with outdoor lounge seating
- Tanning sun-loungers and sunken sun-loungers
- Kids splash pad
- Kids play area
- BBQ counters
- Alfresco dining area
- Sky gardens with outdoor cinema
- Terraces and lounges
- Yoga and meditation deck
- Co-working spaces
- State-of-the-art fitness centre – gym
PALAZZO PREATONI BUSINESS BAY PAYMENT PLAN
The Palazzo Preatoni Business Bay payment plan is as follows:
- 70% Pre-Handover
- 30% on Handover
ABOUT PREATONI PROPERTIES
Preatoni Group was founded in Italy in 1974. It has become a conglomerate that delivers financial services, hospitality projects and luxury real estate development. Preatoni Properties is also establishing a footprint in the UAE, with this building being one of the most exciting new projects.
FAQS ABOUT PALAZZO PREATONI
WOULD THERE BE PUBLIC TRANSPORT AVAILABLE NEAR THE BUILDING?
Yes, Palazzo Preatoni location is a short distance away from the Business Bay Metro Station. Plus, you can also travel via public buses.
WHICH ARE THE TOP BUILDINGS TO BUY APARTMENTS IN BUSINESS BAY?
Here is our list of the top buildings to buy apartments in Business Bay.
WHAT KIND OF LIFESTYLE CAN I EXPECT IN BUSINESS BAY?
Check out our list of pros and cons of living in Business Bay to get the relevant answers about living there.
This concludes our look at Palazzo Preatoni. It certainly stands out as one of the most impressive developments in the area. If you are considering a real estate investment, this project should be on your list.
Image credit, including featured cover: Preatoni Properties
