Dubai, UAE - Al Sharq Investment is delighted to announce that the structure of The Alef Residences, a project of firsts, serviced by W Dubai - The Palm, has topped out. The construction team has worked around the clock throughout the hot summer months to reach structural completion on 31 August 2016, as future residents get excited for the next phase of development of their new home on the west crescent of Palm Jumeirah.
From the 6th to 8th of September at Cityscape Global 2016, exhibition visitors are welcome to visit the Alef Residences stand, where there will be representatives stationed throughout the show to talk about the development. The Alef Residences is undoubtedly the most prestigious address on the Palm Jumeirah and is the first truly integrated luxury lifestyle development.
The Alef Residences have been built as a response to a distinct gap in the Dubai residential market, a need for quality on another level, leading to residences made from only the finest materials, delivering spacious and comfortable apartment living beyond the current industry expectations. With the largest botanical gardens on the Palm Jumeirah, The Alef Residences is the first lifestyle living destination in the UAE serviced by W Dubai - The Palm, with uninterrupted access to 475m of private beach.
As each home's floorplan is unique, the next phase of the project will focus on the finishing of the homes, using only the finest top-of-the-line materials, the Alef Residences homes will offer quality on another level. With 104 unique floor plans this means no two living spaces are the same. Architecturally, the structure is inspired by the wadis and bastakiya, and is rooted in the Arabic in which it was born, representing the first development under the Alef brand set to have a global reach starting in the Middle East. Currently under construction on a 46,840 sqm plot of land, the fully funded Alef Residences are scheduled for handover in Q2 2017 standing for quality, luxury, beauty and elegance.
A selection of two, three, four and five bedroom luxury homes offer from 4,800 to 15,000 sqft of spacious accommodation, with stunning floor to ceiling panoramic ocean and skyline views, large balconies and gardens, some even with their own pool. The top floor is reserved for two single penthouses and three duplex penthouses. The project has been uniquely tailored to cater for a diverse range of cultures with the top two floors just shell and core so owners can take advantage of world class interior designer partners to customise
The residences will also boast an exclusive private members' club; the Club 104, available to residents and select VIPs to unwind, socialise and dine. In addition, residents will have VIP access to the W, its 24/7 concierge service and amenities, including six innovative dining destinations and in-residence catering service.
The Alef Residences. Up to AED 51 million for a Duplex Penthouse and AED 268 million for your own mansion.
The Alef Residences is located at stand #S2C40 at Cityscape Global under the name ASI Real Estate Development LLC.
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About The Alef Residences:
The Alef Residences, serviced by the world-renowned W Dubai - The Palm, is located on the breath taking west crescent of Palm Jumeirah. Inspired by the wadis and bastakiya, the development is rooted in the Arabic, in which it was born, representing the first development under the Alef brand set to have a global reach starting in the Middle East. On a 46,840-sqm plot of land, the fully funded Alef Residences are scheduled for handover in Q2 2017 standing for quality, luxury, beauty and elegance.
The 104 homes, all with unique floor plans, are located across eight mansions featuring their own dedicated lobbies and private elevators, shared by only two apartments on each floor for the ultimate in discrete living. A selection of two, three, four and five bedroom luxury homes offer from 4,800 to 15,000 sqft of spacious accommodation, with stunning floor to ceiling panoramic ocean and skyline views, large balconies and gardens. The pinnacle is reserved for two ultra-luxurious single penthouses and three duplex penthouses. A tropical landscaped garden and a 475 metre long white sandy beach - the largest private residential beachfront location in Dubai, surround the contemporary and sophisticated residences.
About Al Sharq Investment:
Al Sharq Investment brings together two of the region's largest and most respected conglomerates. Qatar's Al Mana Global and Saudi Arabia's Al Sharq Group - in a partnership that strives to set new standards in the luxury lifestyle sector. Al Sharq Investment leverages the respective capabilities of each partner.
Established in 1975, Al Sharq Group is recognised as one of Saudi Arabia's industrial pioneers, having forged a reputation as one of the region's biggest producers of plastics materials. Ensuing expansion has seen it successfully branch into other industries, most notably agriculture, real estate development, and hospitality.
Al Mana Global ranks as one of the Middle East's most diversified conglomerates, with more than 55 companies under management in eight countries across the region. Established in
1951, Al Mana Global's business interests extend from real estate and retail investments, to
F&B, technology, media and entertainment. Its property portfolio spans the Middle East and the United Kingdom, and it is currently assessing further opportunities in continental Europe.
In its home market of Qatar, Al Mana Global represents some of the world's most prestigious luxury brands, from Hermes to Giorgio Armani and Dior. It is this recognition and understanding of brand loyalty, integrity and commitment to quality that infuses Al Sharq Investment's ambition to establish itself as one of the world's leading developers of ultra----‐exclusive, luxury, lifestyle developments.
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© Press Release 2016
