Dubai Project With City’s Most Expensive Apartment Appoints Contractor

Mar 24, 2016

The developer Omniyat has appointed the contractor Brookfield Multiplex to build its Dh2 billion One at Palm Jumeirah project.

The company said that the 107,795 square metre building, consisting of a ground floor and 23 storeys at the first plot on the Palm Jumeirah’s trunk, is expected to take two years to build.

It will contain 90 apartments, ranging from Dh14 million for a smaller unit up to Dh200m for a penthouse – Dubai’s most expensive apartment.

The complex will contain three swimming pools, a private yacht club, spas, a gym, a library and a private cinema. It has been designed by the New York-based architect Soma, with interior design by Tokyo-based Super Potato and landscape design by Vladimir Djurovic.

One at Palm Jumeirah was launched at Cityscape 2014 as a joint venture between Omniyat and the Dubai contracting group Drake & Scull.

A groundbreaking ceremony took place in October that year, and an anticipated completion date of 2017 was announced.

The developer said that Drake & Scull remained as a co-investor in the project, and that progress had been made since the groundbreaking, with shoring, piling and excavation work completed as well as tower rafts for the building’s three cores already installed after Brookfield Multiplex’s mobilisation.

Mark Phoenix, the managing director of Omniyat, said he was “delighted" to appoint Brookfield Multiplex as main contractor. “Our relationship goes back a long time and both the management and team have always demonstrated the highest level of expertise and professionalism." Brookfield Multiplex is also delivering The Opus – a mixed-use project designed by the architect Zaha Hadid – for Omni­yat in Dubai’s Business Bay district.

Meanwhile, Dubai Properties announced the start of construction at 1/JBR – a 46-storey, 153-unit tower at the entrance to the Jumeirah Beach Residence district. National Piling is carrying out enabling works at the site, but a main contractor has yet to be appointed.

It is due for completion in ­early 2019.

Credits to The National

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