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Dubai Pearl Inc's 5 billion dirham signature development set to add a cultural dimension to life in Dubai

  • United Arab Emirates: Saturday, September 17 - 2005 at 17:01
  • PRESS RELEASE

Dubai Pearl Inc. has revealed the first detailed plans of the signature mixed-use development adjacent to Dubai's Internet, Knowledge and Media cities.

The Dubai Pearl project has a built up area of 10 million Sq ft that combines residential, hotel, commercial and office space with elements designed to reflect the multi-cultural nature of Dubai. Features include the Royal Hall, an 1800-seater venue dedicated to performing arts, and the Art Galleria dedicated to artists and exhibitions.

"Our vision of Dubai Pearl is to create a self contained community that will truly enable guests, residents and visitors to enjoy a fulfilling holistic experience whilst living or visiting Dubai in one destination. Our development offers free zone benefits, luxury hospitality, shopping, residences, wellness and spa and a techno-space exhibition area, but in order to fully reflect the dynamism and creativity of life in modern Dubai, it was equally important to include significant features to celebrate cultural activities," said Jamal Abu Issa, President of Dubai Pearl Inc.

The development boasts three outstanding hotel towers directly connected to the Dubai Pearl Mall, Royal Hall and Art Galleria. The residences offer the most high tech conveniences with reserved covered parking spaces, 24-hour security, sports facilities, Spa and Gym and many more benefits that ensure a luxurious lifestyle. The Royal Hall is the largest performing arts venue in the Middle East and is built to international standards.

Located in the centre of the Middle East's most dynamic business district spanning 2 million square feet across 45 levels, each of Dubai Pearl's two office towers is the epitome of sophisticated business environments. Dubai Pearl is home to the world's permanent showcase of technology, Technospace, strategically located within Dubai's Media and Technology Free Zone. The exhibition centre offers a global platform for international brands from within the electronics, technology, and telecommunications industries to showcase their products and services, while serving as a corporate nucleus for international and regional brands.

Dubai Pearl has worked closely in conjunction with Dubai Municipality, The Palm and Tecom to provide the best infrastructure with free flow access around the development and easy access to The Palm Jumeirah. One of the highlights is the six-storey covered parking facility that can accommodate up to 15,000 vehicles. Although none of the towers are yet visible on Dubai's skyline, 31% of the site has progressed substantially in planning needs for power, communications, sewage, utilities and roads. The progression involves a huge amount of infrastructure and substantial planning, especially the roadways that are important in making this development a stunning destination.

75% of the three residential towers are currently sold to investors and completion is scheduled for end 2007.
 
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Notes and Media Contacts »

Dubai Pearl Inc. was established to develop and manage eminent real estate developments. Dubai Pearl Inc.'s vision is to create distinct self-contained community developments which foster effervescent lifestyles and augment the value of their surroundings. The downtown development of Dubai Pearl is the company's pioneer project.

For the latest news and announcements on Dubai Pearl, please visit us at Cityscape from 17 - 19 September 2005, at Stand 33 in Sheikh Rashid Hall, Dubai World Trade Centre.

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