UAE > Dubai > Business Bay > Zone B > B04 > 15 Northside
Commercial Title :
15 Northside
Official Title :
Business Bay
Type :
Free Hold
Development Number :
N/A
Registration Date :
N/A
Construction Started Date :
01-Jan-2006
Completion Status :
Under Construction
Life Cycle :
Developing
Master Developer(s) :
Select Group
Launch Date :
N/A
Anticipated Completion Date :
N/A
Handover Date :
01-Mar-2006
15 Northside:
Construction on the "Sungwon Santevill at Business Bay," which was introduced in 2006, started the following year but was put on hold during the financial crisis of 2008–2009 with barely 50% of the building finished.
Sungwon filed for court receivership in March 2011 and asked the court for assistance in rescheduling its debts with creditors. Santevill was revitalized in 2013 as a result of the Tanmia initiative, which was started in September 2011 and attempted to revitalize the real estate market by focusing on incomplete projects.
Santevill was introduced as "being influenced by boat design, sits alongside an expansion of the Dubai Creek in Business Bay providing a combination of elegant marina lilifestylend international business environment" at the time of its initial debut. The Select Group and the original developer of the project, Santevill Dubai,
# | Title | Development | Developer |
---|---|---|---|
1 | 15 Northside 1 | Business Bay > Zone B > B04 > 15 Northside | Select Group |
2 | 15 Northside 2 | Business Bay > Zone B > B04 > 15 Northside | Select Group |