Dubai will launch new apartments overlooking the Canal

The Millennium Hotels will be launched in the Tower of Dubai Canal.

Binghatti Developers in Dubai next month will launch a $ 109 million project at the Dubai Canal in Business Bay.

Inspired by the Millennium Hotels brand, Millennium Binghatti Residences will offer 230 apartments, including studios, one and two bedroom apartments. Their cost will be from 625 thousand dirhams ($ US 170 thousand). Muhammad Binghatti, CEO and head of architecture at Binghatti Developers, said he expected to see investor interest.

“The famous building will be a great asset for experienced investors who are aware of the high rental income and the prospects for this prosperous region,” he said.

“This project includes many luxurious apartments providing comfort and convenience for every resident. Luxurious interior design of apartments and various facilities for comfort and relaxation, inspired by the luxurious Millennium Hotels and Resorts, create a sense of prestige and uniqueness for the residents of the building, as well as for their guests, "he added.

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