A luxury residential project called ‘One’ is to be developed by a joint venture and located at the entrance of Palm Jumeirah.
Scheduled to be launched in late September at the Cityscape Global 2014 event, this high budgeted residential building will feature apartment units measuring from 2,500 square feet to 20,000 square feet planned by an assortment of architects coming Japan, New York, and Lebanon.
Aside from the projects launched by the master-developer for the past two years, several development projects were recently received by the Palm Jumeirah from private developers. Property values at the Palm Jumeirah continue to maintain its level even in the recent decline in the growth of transactions.
According to the project developer, they considered the Palm to be the ideal location to construct keying in efforts from Dubai, Japan, New York and Lebanon; it will surely be conspicuous on the Dubai skyline. The enabling works is due to commence within the next two months.
The 48 years of expertise in making high-rise projects of the construction company involved in the project will prove imperative to materialize a project commendable of Palm Jumeirah.