Whole World of Property

Whole World of Property are pleased to promote the Dubai Pearl development, luxury apartments and commercial space located at the base of the Palm Jumeirah in Dubai;





KEY INFORMATION
Overview
• Dubai Pearl will be a fully integrated, mixed-use sustainable living city which heralds a new era of development in Dubai
• Located in the heart of Dubai Technology and Media Free Zone, overlooking Palm Jumeirah, the total built up area will comprise 20 million sq ft and will create a new hub for the metropolis
• Developed by Pearl Dubai FZ LLC, a company owned by a consortium of investors led by the Al Fahim Group of Abu Dhabi, UAE, construction work has begun on site and is expected to be completed in 2013
• Dubai Pearl will offer a holistic ‘work, play, live, stay’ ethos, providing bespoke housing and premium office space, alongside vibrant retail, hospitality, hotels and leading restaurants
• The project has received Government recognition, with road signage for the development already visible across the city

Distinguishing Features
• Dubai Pearl will be the first "walkable" environment in the City, with the masterplan designed to encourage community living and energy efficiency
• The development will comprise four iconic towers, with podium buildings and streetscapes designed in a classic European architectural style
• Dubai Pearl will target Gold LEED Certification in recognition of its environmental performance
• Over half of the total area of the site will be open space, with significant landscaping
• It is currently the only development in the world to have a reserved cluster of so many international brands as partners (Baccarat, Bellagio, MGM, Skylofts, Quintessentially)
• The development offers TECOM Free Zone opportunities for international investors to pursue commercial activities
• One of the only developments in the world to provide bespoke, individual customized apartments and lofts

Key Figures
• The total ground floor area of the site is 10 million sq ft (total built up area of developed space is 20 million sq ft)
• Over half (55%) of the overall site is dedicated to open spaces, with 45% of the project area landscaped
• The total footprint of the site is 775,000 sq ft
• There will be 15,500 allotted car parking spaces
• The development will have the capacity to provide residences for 9,000 people
• The total working population the Dubai Pearl will be designed to support is 12,000 people

Development Components
• Residential (1,400 units, 40% of the total mix); inc. luxury tower apartments, penthouses, sky palaces
• Offices (1,380 units, 33% of the total mix); inc. tower offices, boutique offices, branded business centre
• Hospitality (6 hotels, 16% of the total mix) inc. Baccarat, Bellagio, MGM Grand Hotels, Skylofts with further boutique hotels, spa and recreation facilities, conference and banqueting
• Retail (8% of the total mix) inc. a new retail district for the region with shopping mall, fashion boulevard, entertainment district and over 50 restaurants, cafes and bars
• Leisure (3% of the total mix) inc. luxury 2,000 seat theatre, state of the art cinemas, wellness and sports centre, beach club, pedestrian walkways and nightlife destination

Construction
• Ground works have been completed, which included the excavation work for the four towers and the levelling of the site
• Construction of superstructure has commenced
• The development will be delivered over three phases with the final phase expected to be concluded in 2013
• Progress to date:
Piling Works for all four towers completed
Rafts for four towers completed
• Tower 1 Raft Pour – 27th August 2009
• Tower 3 Raft Pour – 10th September 2009
• Tower 2 Raft Pour – 1st October 2009
• Tower 4 Raft Pour – 12th November 2009
Water proofing for rafts of all towers completed
Casting of columns in progress

Key progress milestones to date
• More than 500 residences have been pre-sold to date (which accounts for 95% of the initial release of units)
• Sales have been made to almost 40 nationalities, reflecting the global appeal of Dubai Pearl and its cosmopolitan outlook
• Dubai Pearl has already forged partnerships with some of the biggest brand names in hospitality, including Baccarat, Bellagio and MGM Grand. Further marquee-name partnerships are in the pipeline.

The Masterplan
• Germany’s Schweger Associated Architects are the lead architects and masterplanners on Dubai Pearl
• The development of four iconic 73-storey towers, connected at the summit, will establish a new global landmark on Dubai’s skyline
o A low rise city centre interacts harmoniously with the landscape to create a unique character and sense of place
o The pioneering column free design will create 20% more usable space than the standard in the region


Sustainability
• The Dubai Pearl masterplan has been designed to ensure energy efficiency therefore allowing the scheme to achieve the LEED Gold certification
• Dubai Pearl will incorporate sustainable development features and ‘green’ building standards including recycling facilities for paper, glass and food waste
• The SterenSYS - system will be implemented to reduce electricity, gas and water usage throughout the project. Improved utilization of light control, air conditioning and car park ventilation will all contribute to a ‘green’ friendly environment for the Dubai community
• In addition to being a completely walkable development, Dubai Pearl will include landscaped areas. Landscaping accounts for 45% of the project area
• An environmental impact study has been conducted by Dome International

To reserve any of this prime real estate please get in touch.
T: +44 (0)845 026 1067 or email us enquiries@wholeworldofproperty.com

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