Monday, November 03, 2014

Dh 2.5bn worth highest residential development underway at Palm Jumeirah

Omniyat, the lead developer has begun working on its Dh.2.5bn project at Palm Jumeirah, a 25-storey structure, which is due to become the single tallest residential property on the Palm Islands in Dubai, UAE.

Designed by Michel Abbound, the US-based architect and founder of Soma, the international architecture firm, the project will have 90 residences located at the trunk of Palm Jumeirah.
Omniyat is developing this project together with Drake & Scull International (DSI), a pioneer in engineering projects.

Unveiled at the Cityscape Global Conference in Dubai World Trade Centre in September this year, the project ‘One’ at Palm Jumeirah, is due for completion by the year 2017.

Over the next three years, Omniyat and their partner DSI will jointly work to build One at Palm, said Mahdi Amjad, the Omniyat CEO.

The project is specially designed for the most privileged of the privileged, and reflects commitment in design approach. The One will have amenities like indoor and outdoor swimming pools, cinema, cigar lounge, super luxury spa and yacht club.

Omniyat wanted a revolutionary design for One at Palm, which would help achieve record-setting prices through delivery of an extraordinary living experience for its buyers, said Amjad.

Soma has several projects in hand at present including the 690-ft glass and steel condominium tower in Tribeca, New York City, a 168-room hotel and 231 residence condominium project in Dubai, the luxury Shaza Kempinski Hotel in Doha, Qatar and a private beach residence community in Beirut, Lebanon.

Soma managed to win the project from a pool of renowned architects.

Aboud said that Soma is pleased to set a new standard for innovation and luxury experience in a market which is known for pushing boundaries. 

No comments: