Dubai Real Estate News: Palm Jumeirah Project

Dubai Real Estate News: Palm Jumeirah Project

Dubai Real Estate News: Palm Jumeirah Project

One of Dubai’s most exciting construction projects is rapidly taking shape, with progress now visibly making an impact upon the Palm Jumeirah skyline.

In a new construction report released today, Omniyat has revealed that its flagship One Palm project, based on the left trunk of Palm Jumeirah has reached level three of its cores, with first level slabs now completed at 16m above ground level. Slabs are expected to be completed up to level 15 by the end of 2016, making One Palm taller than its neighboring developments.

The 910,000 sq. ft. 100m development is set to be an eye-catching architectural statement unlike anything else in the city. With just 90 residences set in the tallest private residence on the Palm is already looking to be one of the most sought after addresses in Dubai.

The ultimate in plush, luxurious surroundings, One Palm will be equipped with an unrivalled range of amenities and facilities to cater to its residents. The One Palm Clubhouse, which includes an incredible fine-dining restaurant, indoor and outdoor swimming pools, outdoor cinema and BBQ area, cigar lounge, yacht club and spa are just some of the offerings available exclusively to those lucky enough to secure their property.

The iconic property, due for completion in 2018 is designed by New York architects SOMA. Each residence will be a statement of personal taste with owners able to choose their interior and finishes from two of the world’s most esteemed designers to match their individual style.

Buyers will be able to choose from interiors designed by Japanese firm Super Potato, known for its chic, modern fit-outs or the opulent rich textures of London based luxury design studio, Elicyon – famed for its involvement in the renowned One Hyde Park building in London’s Knightsbridge.

Mark Phoenix, Managing Director of Omniyat said: “With its superior list of facilities and amenities, paired with extraordinary design, luxurious interiors and unspoilt views, it’s no surprise that One Palm, has been billed as Dubai’s most exclusive address.”

“It’s clear to see from our latest construction report that development of One Palm is coming on in leaps and bounds. This has clearly piqued the interest of potential buyers who are keen to get their hands on one of these magnificent properties.

One Palm is just one of the many projects that Omniyat will be showcasing at this year’s CityScape Global, 6th-8th September at Dubai World Trade Centre including the stunning Opus and the Langham. http://www.cityscapeglobal.com

Omniyat is a Dubai-based private developer. Since launch in 2005, they have amassed a development portfolio with over $6.2bn.

The rapidly expanding property developer has ambitious plans for the next five years with an impressive portfolio of residential and hospitality developments in the pipeline, including The Opus, The Pad, ANWA, Langham Place and The Sterling.

About Omniyat

About Omniyat Group
Omniyat Group is a Dubai-based, privately-held property development group that is committed to Dubai’s vision of leading by design. It builds unique projects, at vantage locations within master communities and employs a consistent, bespoke approach in its project development, design and delivery. Omniyat specializes in creating large-scale collaborations with globally acclaimed architects, designers, artists and firms, to deliver its high value and desirable projects.

Operating out of its headquarters in “One by Omniyat” at Business Bay, the Omniyat Group has delivered projects worth $6.2 billion and has a pipeline of a further AED 12 billion in various stages of planning and development. Some of its prominent projects include The Opus by late Dame Zaha Hadid, The Sterling, The Pad and ONE at Palm Jumeirah, landscape architecture by Vladimir Djurovic and interiors by Japanese design firm – Super Potato. http://www.omniyat.com

The following two tabs change content below.
Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Latest posts by Shayne Heffernan (see all)

You must be logged in to post comments :  
CONNECT WITH