Dubai Pearl is Redesigned and Under Way

  • 16 years ago
  • Uncategorized
The Dubai Pearl, a self-contained living and working city within a city, has been redesigned and is now under construction once again. This project is one of the freehold developments with the Emirate near the coast at the entrance to the Palm Jumeirah Island and is the largest private development within Dubai.
 
The project was originally begun by Qatar’s Omnix International, but stalled and was taken over by Dubai Technology, e-Commerce & Media Free Zone (Tecom). A consortium led by the Al Fahim Group purchased the land and re-designed the whole development. Construction began in May, 2008 and is scheduled for completion in December, 2010. Dubai Pearl will combine a business district with quality urban lifestyle, offering easy access to commercial and residential areas such as Dubai Media City and Dubai Internet City.
 
The new Dubai Pearl Tower will be the main structure and is being designed by German architect Schweger Associates, led by Peter Schweger. The development will have Sky Homes with luxury apartments and penthouses, plus several five-star hotels, office space, retail and restaurant facilities and entertainment.
 
Abdul Majeed Al Fahim, chairman of Pearl Dubai noted that “As real estate innovators, we are keen to develop Dubai Pearl into an integrated, mixed use, sustainable development with all key components located within 400 metres of each other.”
 
Santhosh Joseph, president and CEO, Dubai Pearl, said: “The residential component of the project will include sky palaces with private pools and gardens, sky penthouses, luxury branded apartments and condominiums. It will also feature tower and boutique offices and renowned hospitality brands. Catering to culture lovers, Dubai Pearl will boast a 1,500-2,000 seat state-of-the-art theatre, a luxury fashion precinct within a premier shopping mall, as well as cinemas and multi cuisine food courts.”
 
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