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Dusit signs residences project in Istanbul, Turkey


Devina Divecha, December 7th, 2016

Dusit International has signed a management agreement with Abduljawad Holding Co., an investment company headquartered in Saudi Arabia, to operate the Dusit Thani Residences Maslak Istanbul, Turkey, scheduled to open in August 2018.

The project will open as part of Maslak 1453 – a commercial, business and residential hub set over two million square metres on the European side of the city.

Located 4km from the Bosphorous, 15km from Taksim Square, and 20km from the city’s third airport, which is now under construction, Dusit Thani Residences Maslak Istanbul is Dusit International’s first project in Turkey.

The property, which is being developed by Agaoglu, will comprise more than 300 apartments inspired by contemporary Southeast-Asian design.

While serviced apartments will make up the majority of the property, there will also be a branded residence with units leased to tenants on a long stay basis.

One-bedroom, two-bedroom, three-bedroom and four-bedroom apartments will all be available, each one fully furnished, with rooms on the upper levels of the 41-storey building having views of an adjacent forest.

The family-friendly property will feature a swimming pool, meeting rooms, lobby lounge, residence lounge, a deli, a large gym and a spa.