01 February 2019
Dubai World Trade Centre said it has completed ahead of schedule the last phase of the commercial and retail development at its One Central, a mixed-use development coming up in the heart of Dubai’s central business district, with the delivery of The Offices 4 and 5.
With this release of 742,000 sq ft of Grade A office space, the total completed commercial and retail space in One Central is 1.72 million sq ft, complete with a four-level basement of 4,380 parking spaces.
One Central offers an interconnected space, seamlessly integrating offices, retail, residences, hotels, and a wide variety of food and beverage (F&B) offerings to DWTC’s mega-events venue and the wider city through a world-class transportation network.
Coupled with the 588-room Ibis One Central Hotel, and The Offices 1, 2 and 3 which were completed in the last three years, One Central is already home to a variety of blue-chip tenants from the fields of oil and gas, finance, insurance, tourism, and management consulting, demonstrating value for the development as a premium destination in the city with its advantageous location.
According to DWTC, the next phase of the development is AccorHotels’ 25hours Hotel Dubai One Central, scheduled to be completed by June 2020. The hotel will be marking the regional debut of the German hospitality brand outside of Europe, and will be the largest of the brand in the world with 434 rooms. The smart upscale hotel will feature a mix of modern rooms and suites with an eclectic mix of arabesque design elements, said the company.
Once completed, One Central development will be a new urban destination with commercial office, retail, hospitality, residential, car-parks and open green spaces.