IRIS unveils Dh.2.5bn IRIS Mist in Maritime City
Tuesday, July 08, 2008
Iris, a leading property developer in the region, on Sunday, unveiled their new Dh.2.5bn residential development, Iris Mist at Dubai Maritime City.
Designed by the renowned architects, WS Atkins, this 200-meter tall structure is the first in the region to have taken the shape of patterned sea waves. The façade of the tower is to be built in layers of white pre-cast, glass and aluminium with various texture and colors.
Ideally located on plot R6 in the 'Harbour Residence District of Maritime City, the Iris Mist will be in proximity to Jumeirah Beach Road, Sheikh Zayed Road, Dubai International Airport and Bur Dubai.
On completion, this freehold development spreading across a built-up area of 850,000 square feet, will include 54 residential storey comprising 355 luxurious single, double and triple bedroom apartments, six retail outlets, apart from 28 units allocated as office space.
The residents will get to enjoy a wide spectrum of state-of-the-art facilities including health and fitness centers with swimming pools and retail area.
The Chief Executive of IRIS and Managing Director of Sheth Estate, Ashwin Sheth, mentioned that with this launch, the company has reconfirmed its interest to meet and surpass the expectation of investors who seek unique properties at competitive prices in a mixed-use locality.
He added that IRIS Mist has been designed to surpass the highest and safest international construction standards, and is thereby an ideal place to live in.
The tower will be ready for hand-over to residents by July 2011. Being a 'green building', the design of the tower makes use of amenities that reduce use of non-renewable resources, while also shutting down on pollutants and maximizing opportunities for passive cooling and ventilation.
Till date, IRIS has successfully launched various residential projects at Culture Village and Dubai Marina, including the IRIS Blue, which has been recently handed over to residents and investors.
IRIS has developed several luxurious residential and good quality commercial developments in UAE and India. The portfolio of IRIS in Dubai is worth US$1250mn and includes about US$250mn worth projects in India. IRIS aims to reach a portfolio of US$2.3bn during the next three to five years.
Labels: eco-friendly, Freehold Property, Luxury Homes, Residential
World's first Turning Timepiece Building in Dubai
Wednesday, June 25, 2008
For the first time in the history of architecture, a structure in Dubai has been designed in a manner such that it moves in synch with earth, sun and time.
Positioned on the 550 east longitude line, Dubai is more than just an exotic getaway, on the north-eastern coast of Arabian Peninsula. Although the residents and tourists in Dubai will have to face soaring temperatures, the new structure unveiled has brought about a new dimension to living, by bringing in some cool to Dubai.
The 3600 Time World TM has announced the world's first Turning Timepiece Building - 550 Time Dubai TM which is ready to break ground on 8th August 2008 in Dubai.
550 Time Dubai TM is an accurate 'Timepiece Building' that is powered by the sun and scientific imagination. It turns 360 degrees in 7 days, offering 3600 panoramic penthouse views to all apartments offering a new view of the city each day.
Being a winner of international CNBC award for the best 'high rise' architecturally designed building in 2007, the building will be the first of 24 Timepiece Buildings likely to be constructed around the world, with all turning in total synchronization, with unique rotation technology under license from 3600 Time World TM. Each of the individual Timepiece Buildings will be made by internationally renowned designers and architects, with latest eco-friendly technology.
The Director of 3600 Time World TM Tay Singh, said "Press conferences are being planned for New York, Delhi, Moscow and Hong Kong, to enable the architectural vision behind the Timepiece Buildings to be brought to the notice of the world. The approach will explain the manner in which buildings can harness the power of nature, making them iconic, architecturally unique and eco-friendly."
550 Time Dubai TM is approved by Dubai Government's RERA (Real Estate Regulatory Authority). The developer, along with Meraas Holdings Limited, a newly established leading entity in Dubai, are finalizing a joint venture agreement for the development of the 550 Time Dubai TM tower.
The development team plans to begin mobilization of the project by 8th August 2008, aiming to complete the structure by 10th October 2010, and the handing over of apartments by 11th November 2011.
3600 Time World TM plans to build 24 Turning Timepiece mixed use developments (residential and hotel), that are sustainable, eco-friendly and unique signature buildings in leading cities of the world. On completion, these buildings will operate with the power of nature, in sync with the hour, offering a 24 hour world time view in real time. These eco-friendly buildings are likely to be located and named by the natural mathematical longitudinal line of the planets.
Labels: Business Tower, Dubai Real Estate, eco-friendly, Latest News
Supertowers with unique concepts to adorn Dubai skyline
Tuesday, May 06, 2008
Dubai's skyline is all set to be re-defined with numerous supertowers which comprise more than 100 storey and are more than 600 meters in height, which totals up to an estimated value of more than $7bn (Dh.25bn).
The projects, that are likely to be announced towards end of this year, will form a part of master-planned development, which will increase the Dubai's standards of urban development and masterplanning.
The projects titled as AC Towers, EP Site 07, 09 and 15, are designed by Adrian smith and Gordon Gill, and have been approved by the Dubai Government. The projects will be complete in five years time.
The Lead Architect, Smith also owns the credit of designing the Burj Dubai, the world's tallest tower.
"Dubai has already become host to maximum number of supertowers in the world. We plan to add a few more to the city's growing skyline. Among the 13 supertowers being designed by us, five will be located in the UAE and one in Qatar," Smith said.
These towers will stand out among all the other towers currently being developed in Dubai, due to their eco-friendliness, sustainability, energy efficiency and intelligent building systems.
According to new technology being employed by Smith, the buildings will draw air from the top floors that are 10 degree cooler and will spray them to lower levels where the temperature is higher. This unique technique has never been employed in any other supertowers in the world till date.
The new buildings have been so designed that they save energy by 40 to 60 percent and get zero level in energy consumption.
AC Towers:
AC is a cluster of three supertowers rising above 100 storeys and are connected at the base with an atrium, and skybridges. Being a mixed use project, it spreads over an area of 800,000 to 900,000 square meters and comprises residential, commercial, hotel, and entertainment space, with a capacity to accommodate upto 6000 people. A canal and waterway that pass through the AC Towers will create open space for educational and theatrical activities.
EP 07 Tower
As for the EP projects, EP 07 will be as high as 125 storeys and will be a true reflection of the pearl trading and farming heritage of Dubai. This mixed-use project will be nearly 600 meters in height and cover a built-up area of 350,000 square meters. EP 07 will be covered by ribbons of steel that help in utilizing the solar energy and making it sustainable. Also, the buildings are so designed that they withstand the wind pressure, managing it in a more effective manner.
EP 09 Tower
The curved structures of the EP 09 tower hosts two buildings each and includes six towers with 30 to 40 floors, spreading across a built-up area of 450,000 square meters. The mixed-use community will have one purely residential community and the other two which include retail, commercial, hospitality and entertainment amenities. All these are connected at the base, but separated above by a distance spanning 175 meters. The smart energy-efficient buildings will open up to landscaped roof, garden and podium. The energy save by one tower could be passed on the other, and hence the buildings complement the use of energy. This concept too, is unique to Dubai and is being implemented for the first time ever.
EP 15 Tower
The EP 15 tower blends together simple geometric principles with new, upcoming technologies to create a modern, soaring tower of light. The tower has a series of faceted surfaces which increase light and air travelling through the building and maximizes energy generation in building systems.
The tower filters light and wind and the prism shape helps in withstanding high wind pressures, minimizing risks. The six holes in the building helps wind pass through the building, with 25 percent less cost.
With a built-up area of more than 300,000 square meters, the tower will increase to more than 101 floors in height. It will be a mixed-use project featuring commercial and retail spaces and hotel and convention facilities.
Labels: Dubai City, eco-friendly, Latest News, Real Estate Projects
Saadiyat Island to be a flag-ship project of the emirate
Tuesday, March 04, 2008
Saadiyat Island, better known as 'island of happiness', is a 27 Sq Kms natural island development, lying 500 kms off-Abu Dhabi coast, and the flagship development of the UAE Capital. The project, which is due for completion by 2018, is created based on an eco-sensitive philosophy with a special low-density masterplan.Being a leading island destination, the Saadiyat will be a modern, integrated residential community, and will be home to 150,000 residents with a complete range of civic, cultural, leisure and tourism amenities. Two iconic causeways will link Abu Dhabi city to Saadiyat, one of which will operate a light rail system, and the other will be a bridge stretching 10kms, making it a five minute drive from the heart of downtown Abu Dhabi and Abu Dhabi International Airport.
Saadiyat will be developed around seven districts comprising 29 hotels, an iconic seven-star development, 3 marinas, mooring for 1000 yacths, 2 golf courses, arts and culture hub, and 19kms beachfront, apart from residential developments and leisure amenities.
Saadiyat will also be home to five major cultural institutions, designed so as to host international art and cultural fairs and events. The institutions are 'The Guggenheim Abu Dhabi', 'The Louvre Abu Dhabi', 'The Performing Arts Center', 'The Maritime Museum' and 'The Sheikh Zayed National Museum'. The cultural district of Saadiyat will also house an iconic seven star hotel, quayside, hotel accommodation, exclusive villas, hotel accommodation, green parks and retail opportunities and harbor.
Apart from the said, the Saadiyat Island will include the Saadiyat beach, the South beach and the Marina District.
Dr. Allen Greenspan, the Former Chairman of Board of Governors, Federal Reserve, USA made a visit to Abu Dhabi recently to attend an exhibition at Emirates Palace, devoted to Cultural District of Saadiyat Island. Dr. Greenspan was accompanied by HE Sheikh Sultan Bin Tahnoon Al Nahyan, the Chairman of Abu Dhabi Tourism Authority & Tourism Development & Investment Company, the company behind transforming the Saadiyat Island to a flagship cultural, leisure and residential destination.
Labels: Community, eco-friendly, Residential, Saadiyat Islands
Damac unveils Marina Bay in Abu Dhabi
Saturday, February 02, 2008
Damac Properties, has unveiled 24-storey Marina Bay, a green luxury development at Najmat Abu Dhabi on Al Reem Island.
The eco-friendly development promises a rejuvenating lifestyle, with added pleasure of owning a waterfront property, while bestowing one with superb views of the canal, which connects the whole development.
Positioned in just 300mts away from Abu Dhabi City Center, and 20 minutes from Abu Dhabi International Airport, the Marina Bay, is a mixed-use tower, with retail on the ground and mezzanine floors, offices at podium level, and penthouses and duplexes on the higher floors. The residential blocks of the development includes single, double and triple bedroom apartments with smart home technology, camera supervised covered parking facility on three podiums of the tower, and a 240hour resident's service and concierge service.
Other features include latest gym facilities, a Spa with sauna, steam and massages, yoga room, meditation room, children's playroom, pool, games room with pool table, football court, table tennis, carom and other indoor sports amenities. The retail blocks comprise top-class retail brands, restaurants, cafes and boutiques amidst landscaped surroundings. The commercial blocks can have access to hi-speed internet, business center, business lounge and the 240hour security cameras.
The Chairman of Damac Holding, Hussain Sajwani, said "The construction activity in Abu Dhabi is going on at a rapid pace, bringing about a considerable change in landscape, and this coupled with the construction boom and increasing population, makes Abu Dhabi an ideal investment destination and also a great place to live. The launch of Marina Bay in the capital, further strengthens our presence in the Abu Dhabi market and in the entire region."
"The development is so designed that it is likely to enhance the well-being of people, while maximizing water efficiency using intelligent integrated building management system," said Peter Riddoch, CEO, Damac Properties.
Damac has completed about 80 projects globally, and Marina Bay is their second project in Abu Dhabi.
Social BookmarkingThe eco-friendly development promises a rejuvenating lifestyle, with added pleasure of owning a waterfront property, while bestowing one with superb views of the canal, which connects the whole development.
Positioned in just 300mts away from Abu Dhabi City Center, and 20 minutes from Abu Dhabi International Airport, the Marina Bay, is a mixed-use tower, with retail on the ground and mezzanine floors, offices at podium level, and penthouses and duplexes on the higher floors. The residential blocks of the development includes single, double and triple bedroom apartments with smart home technology, camera supervised covered parking facility on three podiums of the tower, and a 240hour resident's service and concierge service.Other features include latest gym facilities, a Spa with sauna, steam and massages, yoga room, meditation room, children's playroom, pool, games room with pool table, football court, table tennis, carom and other indoor sports amenities. The retail blocks comprise top-class retail brands, restaurants, cafes and boutiques amidst landscaped surroundings. The commercial blocks can have access to hi-speed internet, business center, business lounge and the 240hour security cameras.
The Chairman of Damac Holding, Hussain Sajwani, said "The construction activity in Abu Dhabi is going on at a rapid pace, bringing about a considerable change in landscape, and this coupled with the construction boom and increasing population, makes Abu Dhabi an ideal investment destination and also a great place to live. The launch of Marina Bay in the capital, further strengthens our presence in the Abu Dhabi market and in the entire region."
"The development is so designed that it is likely to enhance the well-being of people, while maximizing water efficiency using intelligent integrated building management system," said Peter Riddoch, CEO, Damac Properties.
Damac has completed about 80 projects globally, and Marina Bay is their second project in Abu Dhabi.
Labels: Abu Dhabi, Al Reem Island, Damac Properties, eco-friendly, Penthouse, Water front
