In the center of Dubai Sports
City, a new destination inspired by all things sports, will be a new
development called Champions Tower III. This residential development, funded by
Menon Investments, will be a new addition to Champions Tower I and II and
Frankfurt Sports Tower, and will give investors in Sports City more choice in
terms of location, services and convenience.
There is a strong demand for
residential space in Dubai Sports City. An estimated 1.8 million square meters
has been handed over to residential space, while 2.8 million square meters has
been dedicated to roads, canals, stadiums and golf courses. Champions Tower III
will fill this demand and will have a range of studio, one and two bedroom
apartments. The tower will also have a swimming pool, gym, sauna and basement
parking.
However, Champions III is not the
same as many up and coming towers in Dubai. The 16 storey tower will have
panoramic views of the Dubai Cricket Stadium and will have a modern and
minimalist design. Menon investment believes this will allow the tower’s
development to be as simple and cost-effective as possible. The tower, which
was in the planning stage as early as 2004, was started in 2008 but was put on
hold several months later due to the economic recession. It is now due for
handover in June 2012.