IRIS, a leading property developer in the region, has officially announced the handing over of its Dh310 million ($84.3 million) 'IRIS blue' project located at Dubai Marina to the investors.

Iris Blue is the company’s first residential development, said Ashwin Sheth, CEO of IRIS and managing director of Sheth Estate.

'We at IRIS, are very delighted with the success IRIS blue hand over has received. IRIS blue stands out for its unique architectural and unparalleled world class lifestyle it provides being located in one of Dubai’s most prestigious and demanded locations,' he noted.

'We are proud to hand over the units to our valued customers and looking forward to launching more innovative developments, to meet the evolving lifestyle of our customer base in the region,' he added.

Designed by world-renowned WS Atkins, the 33-storey residential tower offers 237601 sq. ft. of prime residential space consisting of 46 one bed room units, 90 two bed room units, 16 three bed room units, in addition to duplex, and three level parking podium.

In addition to a double height lobby, it has a shopping arcade with exclusive boutiques, landscape garden, children’s park, an exclusive clubhouse with high tech facilities and a large swimming pool.

'Strategically located at the entrance of the Dubai Marina next to Grosvenor House, IRIS blue offers 270-degree water view and is known as a unique waterfront development where its name and design reflects the tranquil color of water and the blue community,' he added.

Daniel Barkanian, an end-user who was recently handed his unit, thanked IRIS for the prompt handing over of the apartment in time.

'IRIS blue is indeed the finest experience in water front living. The high level of attention and professionalism from the customer service department is also worth mentioning,' he added.

Hana Herz, an investor and end-user, commented, “I am very pleased to have purchased a unit within IRISblue tower, which offers the picturesque waterfront views in a prime location that enhances an urban lifestyle in a holiday setting. I am looking forward to moving in and sharing this unique experience with my friends and family.”

IRIS is currently working on IRIS Bay, IRIS Asmar, IRIS Amber, IRIS Crystal and IRIS Mist.-TradeArabia News Service