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Zaha Hadid's Dubai-based Opus project revealed in London
- United Arab Emirates: Wednesday, May 23 - 2007 at 16:24
- PRESS RELEASE
Leading United Arab Emirates-based property developer Omniyat Properties, yesterday revealed the Opus project for the first time, a mixed-use commercial and retail development designed by the world-renowned architect, Zaha Hadid.
Located in the Business Bay district of Dubai, the Opus will be fringed by the Burj Dubai development. It will be neighbours with the Dubai International Financial Centre and the World Trade and Convention Centre, giving it a prestigious location with excellent access to the city.
"The Opus project combines art and performance with form and functionality," said Mehdi Amjad, President and CEO of Omniyat Properties. "The strategic location, stunning exterior and the extensive range of facilities make the Opus project a strategic buy for potential investors who can expect considerable returns on their investment."
"Even at this early pre-launch phase, past successes lead us to confidently anticipate an increase in value of more than 10 per cent when the project is launched. Add to this the prime location, the stunning design and the fact that the market is undersupplied with commercial towers and you have a real opportunity for investors."
The Opus will appear to hover from the ground. Constructed of three separate towers the building will appear as a singular unified whole, with a distinctive void. The interiors of which will be clad with a fully engineered curved glass curtain wall to allow for eye-catching views into the void. Reflexive fritting patterns in the form of pixilated striations will be applied onto the glass facade to provide a degree of reflectivity and materiality to the cube while assisting in the reduction of solar gains inside the building. Within the Opus there will be a retail podium across the ground, first and second floor. The uppermost floor will feature a tranquility zone, a beach deck with a reflective pool and shaded roof terrace a media zone and a gym. The building boasts an AAA-class rating and has 87 per cent space efficiency.
Mehdi Amjad, comments, "We have been working on this project with Zaha Hadid for the last year and are excited to have created a robust investment project for the region. Dubai has consistently impressive economic growth - 16 per cent last year - beating that of markets like China and India. This country is a prime location for real estate investment and an excellent opportunity for overseas investors. The solid institutional framework, strong laws and regulations and solid infrastructure means that this growth is set to continue."
Zaha Hadid adds, "This is a building that challenges traditional concepts of office space. Not only will it be visually stunning, it will also be a workable space, and a place that allows every occupant to experience a better quality working environment, using the very latest technological advances."
"The Opus is a striking, fluid spatial building that refutes traditional definitions of office functionality. All facets of the project have been meticulously designed to provide optimal use of the space, with materials sourced to provide durability, efficiency, operation and maintenance whilst reducing noise to sustain privacy. "
The project will be launched at Cityscape property exhibition in Dubai in October 2007.
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Notes and media contacts
For further information about the Opus project and high res images, please contact: Lisa-Maree David at Hill & Knowlton on or telephone 020 7413 3710Omniyat Properties is the real estate development arm of Omniyat Holdings, a sister company of the Dubai-based conglomerate, Almasa Holdings.
Omniyat Properties' philosophy is anchored on the creative use of technology and futuristic ideas to enhance its inhabitant's quality of life whether at home or in the work place.
All of Omniyat Properties' developments are infused with state-of-the-Art technology; technology that optimises manpower and minimises wastage which allows for an efficient, secure and high-tech work environment. The technology is integrated in each of the projects from design through to completion which allows for its efficient upgrade and ensures that all properties always stay cutting edge by offering the latest technology as soon as it becomes available.
Since its inception Omniyat Properties has successfully launched and sold four commercial towers and one residential project with a value of over AED 2.7 billion (US$ 733 million). Building on its momentum this figure is set to rise to AED 10 billion (US$ 2.75 billion) by the end of 2007, making it one of the fastest growing real estate developers in the region
Lisa-Maree David
Hill & Knowlton
Direct Line: 020 7413 3710
Telephone: 020 7413 3000
Fax: 020 7413 3220
20, Soho Square, London, W1A 1PR UK
http://www.hillandknowlton.com
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