Omniyat and Drake & Scull International partner to launch landmark residential project on Palm Jumeirah
Omniyat, a leading developer in the Middle East, and Drake & Scull International PJSC (DSI), a major player in the region’s construction industry, have entered into a partnership to build a landmark project strategically located at the entrance of the Palm Jumeirah.
Expected to be one of the most significant projects to make debut at the forthcoming Cityscape Global 2014, One at Palm Jumeirah is jointly developed by both companies and will be managed by Omniyat. The enabling works is due to commence within the next two months.
Khaldoun Al Tabari, CEO and Vice-Chairman of DSI PJSC, 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. Omniyat’s track record of developing such high profile projects will complement our regional experience and we hope to enter into similar partnerships in the future.”
Mahdi Amjad, Executive Chairman and CEO of Omniyat, said, “Omniyat is very excited about developing this magnificent, super-luxury real estate project situated at the entrance of The Palm Jumeirah.” “We believe this plot is the perfect location to build such an iconic development that will be a global collaboration with inputs from Dubai, Japan, New York and Lebanon. It will definitely stand out on the Dubai skyline,” Amjad added.
He elaborated, “We couldn’t have found a more competent partner than DSI to co-develop this landmark project, given their 48 years of excellence in the construction industry. The combination of DSI’s expertise and Omniyat’s multi-disciplinary leading credentials is set to create an outstanding piece of architecture that will add to Dubai’s list of numerous outstanding world projects.”
“The luxury residential building will be designed by internationally renowned architects Soma from New York, Super Potato from Japan and Vladimir from Lebanon. The building will offer 360-degree breathtaking views, with apartment sizes ranging from 2,500 to 20,000 square feet,” Amjad said. “The finishing will be handled by famed interior designers. The combined expertise of these world-class firms is guaranteed to create a unique, high-end extraordinary development,” he added.
Internationally renowned Japanese design firm Super Potato is known for its sophisticated designs for the interiors of restaurants, shops and hotels. Super Potato’s work has had a significant impact on interior design in Japan and around the world.
Vladimir Djurovic Landscape Architecture is engaged in the creation of timeless landscapes through its commitment to drawing out the uniqueness of an environment with simplicity of gesture that gives nature the stage. The firm’s expertise extends from escapist retreats and private residences, to the planning and development of boutique hotels, resorts and public urban spaces.SOMA is a New York-based firm of architects with a portfolio and expertise in refurbishment and sustainability. SOMA’s work, mainly in New York, Dubai, Qatar, Erbil and Lebanon, covers projects across several industries as well.
“Our objective is to maximize shareholders’ value by designing and developing unique and prestigious Real Estate developments,” Amjad concluded.
For further information, please contact:
Rabih Abou Diwan
Corporate Communications Manager
Drake & Scull International