DUBAI—Developer Omniyat Group has begun work ona on a 25-story condo project in located at the trunk of the worldfamous Palm archipelago in Dubai. CalledOne at Palm Jumeirah, the project is an AED 2.5billion premium residential development that will be the singletallest residential property on the Palm.
Designed by international architecture firmSOMA, One at Palm Jumeirah will offer 90residences within the 25-story structure. Unveiled at theCityscape Global Conference in the Dubai WorldTrade Center in September, it is scheduled for completion by2017.
“Throughout the next three years, the Omniyat Group and ourpartner DSI will work jointly to build One at Palm to a standardwell beyond anything ever seen,” said Mahdi Amjad,CEO of Omniyat. “One at Palm Jumeirah is specially crafted for themost privileged of the privileged few, which shows the commitmentreflected in our design approach.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
