Saudi-based Sabban Group of Companies has announced plans to develop a unique residential project Bayat Plaza, featuring two neighbouring towers that will offer 272 luxury apartments including duplexes and penthouses in Jeddah.

Located off the intersection of Madinah Road and King Abdullah Road, the ‘Bayat Plaza’ is the first of its kind real estate development for Sabban Group in Saudi Arabia.

The project being developed by Manazil, a Sabban Group company, is expected to be completed by the end of 2016.

Sloanes Real Estate Brokers, a subsidiary of the Sabban, has been named the exclusive agent for the key residential development, reported the Saudi Gazette.

The residents of ‘Bayat Plaza’ will be serviced by over 1,600 sq m retail space spanning across two lower levels. This will include a mini market, stylish cafés and food outlets, designer boutiques and a state of the art gymnasium, the report said.

The prices for apartments at ‘Bayat Plaza’ start from SR1 million ($272,218), it added.
 
“The launch of ‘Bayat Plaza’ project is a significant milestone for Sloanes and we are excited to introduce a world class real estate development in the kingdom,” remarked Arron Browne, the group sales and marketing director at Sabban Group of Companies.
 
“With its sleek external architecture, the ‘Bayat Plaza’ development will emerge as one of the most iconic and recognizable developments that will not only transform the skyline of Madinah Road, but also add significant aesthetic and convenience value to the entire neighborhood,” he added.