Dubai-based Zuari Infraworld SJM Properties celebrated a major milestone today (September 4) with the topping off ceremony for The St Regis Residences, Financial Center Road, Dubai.

The luxury project, which is set for completion in 2025, has seen strong demand, with 70 per cent of its units sold within the first hour of launch. Sales have exceeded AED 1 billion ($272 million), according to a statement from Zuari Infraworld SJM Properties.

The ceremony, held at the construction site, celebrated the completion of the building's structural framework.

The final slab was completed as stakeholders and project partners, including representatives from Adventz Group, East & West Properties, Driven Properties, Refine Development Management, GCC Contracting, Arif & Bintoak, XBD Collective, and Marriott International, attended the event to mark this significant milestone.

Among those present were Akshay Poddar, Promoter of Adventz Group; Vinay Varma, Director at Adventz Group, and Jaidev Menezes, Regional VP – Mixed-Use Development EMEA, Marriott International.

The St Regis Residences offer homes ranging from one-bedroom units to five-bedroom penthouses, with sizes ranging from 970 sq ft to 9,325 sq ft.

These residences offer some of the largest layouts on the market - up to 50 per cent larger than the average in Downtown Dubai—paired with bespoke, high-end finishings and 360-degree views, redefining luxury living in the region, said Zuari Infraworld SJM Properties.

"We are delighted to have reached this critical stage in the development of The St Regis Residences, Financial Center Road, Dubai," said Poddar. "Today’s ceremony is a testament to the hard work and dedication of everyone involved in this project. The incredible demand and swift sales at the launch have only reinforced our confidence that this development was tailor-made for the discerning luxury market."

 

Sales success

Abdullah Alajaji, Founder and CEO of Driven Properties, added: "The unprecedented sales success we witnessed at the launch of The St Regis Residences is a clear reflection of the market's appetite for ultra-luxury properties that offer both exclusivity and an elevated lifestyle. We are honoured to be part of such a groundbreaking project that is setting new standards for luxury living in Dubai."

 

Jaidev Menezes, Regional VP – Mixed-Use Development EMEA, Marriott International, said: "We are thrilled to witness this significant milestone at The St Regis Residences, Financial Center Road, Dubai. The St Regis brand embodies distinctive luxury, elevated service, and exquisite design, and this property is a perfect addition to our growing luxury portfolio in the region. The completion of the structural framework brings us one step closer to offering a truly unparalleled living experience to our future residents. We look forward to the grand unveiling of what promises to be one of Dubai's most distinguished residential addresses."

 

Latest addition