Dh1.8 billion Royal Bay real estate development launched in the Dubai Waterfront  
Dh1.8 billion Royal Bay property in the Dubai Waterfront VIP Waterfront, real estate development arm of Olimp Group, has launched Dh1.8 billion Royal Bay property in the Dubai Waterfront, complete with two helipads to assist access. The total built-up area of the Royal Bay real estate development is in excess of 1.2 million sq ft.

Slava Garin, CEO, VIP Waterfront, said, "We believe that heli-transportation will be developing in this country. Royal Bay is not far from the largest international airport so it is very convenient as car traffic is also restricted in Waterfront,"

Royal Bay consists of residential a well as a commercial tower. The residential tower has 158 apartments and 1 penthouse while the commercial tower has 107 offices. The two towers are connected at one level with a floor housing a gym and spa. The real estate development also features 12 villas, 2 palaces and a 3-storey shopping mall spread 400,000 sq ft.