Deyaar Developments is constructing a skyscraper in Dubai for one billion dirhams

Deyaar Development has launched Regalia, an AED 1 billion skyscraper in Business Bay.

According to Arabiya Net, the Regalia project will be the tallest tower built by Diyar. The apartments in the 70-storey residential tower will feature smart home technologies.

Regalia Tower is expected to be completed in December 2024.

Investors can register and complete the purchase procedures by making an initial down payment of only 10%, and then pay the rest of the installments according to a payment plan that extends for seven years.

Saeed Al Qatami, CEO of Deyaar Development, said: We expect the project to be well received by investors.

For his part, Nasser Amer, Vice President of Sales at Deyaar Development, said the project is expected to be completed in December 2024.