Work on Ithra's One Za’abeel development nearing completion
DUBAI, December 28, 2022
Ithra Dubai, the leading real estate developer and asset manager wholly-owned by the Investment Corporation of Dubai, has announced that work is nearing completion on its iconic One Za’abeel development, which is due for opening in 2023. Interior fit-out work is now under way on the towers and panoramic sky concourse, The Link, of the mixed-use development.
The development achieved a new milestone in Q3 - the completion of the full glass cladding of all its three towers (One Za’abeel The Residences, One Za’abeel Tower, and The Link).
Dubbing it as an architectural and engineering marvel, Ithra said One Za’abeel is redefining the concept of mixed-use developments in Dubai, and the region.
The development’s towers and panoramic sky concourse, The Link, offer the finest in retail, residential, office space, and hospitality.
The Link is posed to break the Guinness World record for the “Longest Cantilevered Building”, offering an elevated lifestyle destination and several high-end attractions, including a 360° observation deck providing mesmerising views of the city, it stated.
On the work progress, Raad Al Jarrah, Chief Development Officer at Ithra Dubai, said: "We’re developing and creating an iconic mixed-used development that will contribute to Dubai’s landscape. From concept to design and implementation, a lot of thought has been put in to guarantee the residential, business, hospitality, and leisure components at One Za’abeel are fully integrated for an unparalleled, luxurious experience."
"Visitors of One Za’abeel will be driving straight into a premier urban oasis," he noted.
An all-encompassing project, One Za’abeel houses an unparalleled residential offering, with 264 opulent simplexes and duplexes which were offered for sale earlier this year.
Its strategic location close to Dubai’s commercial business district also makes One Za’abeel a prestigious business address, with 26,000 sq m of premium grade-A office space available, attracting international corporations to settle in one of the most sought-after business destinations, it stated.
According to Al Jarrah, work on the multi-award-winning One Za’abeel development is now focused on the interior fit-out and will be available for residents and visitors later in 2023, as per phased handover schedule.
"The iconic mixed-use development is sure to be an indulgent haven for tourists and residents alike, providing high-end retail experiences throughout The Gallery on its podium levels, and featuring the world’s first luxurious urban vertical resort," he stated.
Managed by One&Only, the resort includes 94 One&Only Private Homes, and 229 luxurious hotel rooms and suites. One Za’abeel’s hospitality offering also includes SIRO Hotel, which will manage 132 guest rooms and a state-of-the-art wellness & recovery fitness club, he added.-TradeArabia News Service