Omniyat completes The Binary in Business Bay
Omniyat, Dubai-based real estate development group, has received the Building Completion Certificate for The Binary by Omniyat, its third completed project in Business Bay. The project, which will add almost 500,000 square feet of commercial and retail space to Dubai, is now ready for handover.
Located at a vantage point opposite The Opus in Dubai’s Business Bay along the upcoming Dubai Creek development, the Binary boasts majestic views of Burj Khalifah, the creek and the Meydan Hotel.
The handover of The Binary pegs the value of Omniyat’s ready projects at over AED3 billion, with an additional AED9 billion worth of projects currently under development bringing the total to AED 12 billion. These have been designed to articulate the developer’s focus on generating superior value proposition and yielding high returns.
The 29-floor structure comprises two connected 21-storey and 24-storey towers sitting above five podium levels, offering unique amenities including 15 ground floor retail shops and three basement levels with 1,218 parking bays.