Middle East-based developer Omniyat has partnered with Drake & Scull International PJSC (DSI) to build a new residential project at the entrance of the Palm Jumeirah in Dubai.
The project named One at Palm Jumeirah will be jointly developed by both firms, while Omniyat will manage the project.
Go deeper with GlobalData
The residential building will be designed by Soma architects from New York, Super Potato from Japan and Vladimir Djurovic from Lebanon.
While Super Potato is known for its interior designs of restaurants, shops and hotels, Vladimir Djurovic is famous for its landscape architecture for boutique hotels, resorts and public urban spaces.
One at Palm Jumeirah will feature apartments ranging in sizes from 2,500ft² to 20,000ft².
Omniyat executive chairman and CEO Mahdi Amjad said: "The finishing will be handled by famed interior designers.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"The combined expertise of these world-class firms is guaranteed to create a unique, high-end extraordinary development.
"Our objective is to maximise shareholders’ value by designing and developing unique and prestigious real estate developments."
DSI PJSC CEO and vice-chairman Khaldoun Al Tabari said: "We are delighted to partner with Omniyat to create a unique landmark on the iconic Palm Jumeirah skyline.
"Our 48 years’ expertise with high-rise tower projects around the world will prove vital to delivering a project worthy of this prestigious location.
"We are confident that the synergy of our combined experience and construction capabilities will deliver a new milestone on Dubai’s urban architecture."
Construction works are scheduled to begin within the next two months.
Image: The residential project will be located at the enterance of the Palm Jumeirah in Dubai. Photo: courtesy of Richard Schneider.
