27 September 2016
Dubai, UAE - KOA, a unique real estate concept that aims to bring a new definition to residential living in the UAE, announces its launch in the Dubai market this winter. Founded by Mohammed Bin Zaal, former CEO of Al Barari, KOA has been created with the aim of leading Dubai's real estate industry into a new era of cultural and urban enrichment that contributes to the soul of a dynamic new Dubai.
Drawing on his extensive experience in both the real estate and service industries, Bin Zaal's focus for KOA will be on creating livable spaces that reflect the lifestyles of a new, forward-thinking generation of UAE residents. Under the KOA umbrella, Bin Zaal will develop unique residential communities, retail concepts, and introduce a new approach to working spaces. Each project will reflect the global outlook of the region and meet the regional demand for individual expression and stronger ties to culture.
Mohammed Bin Zaal, CEO and Founder of KOA, comments; "I'm incredibly excited by what KOA means for real estate in the region. I feel that it is the next step in the evolution of property development in Dubai. It's about the real estate industry catching up with the demands of a new generation of residents, and the long-term vision of the region. The definition of KOA is strength, and this is an aspirational project to not only give people their dream homes, working spaces and communities, but also to set a new standard in the region of what urban developments should stand for, supporting the UAE and the region in it's drive forward in cultural enrichment".
All aspects of KOA projects will seek to push boundaries not only in design but in the way people live and work, Taking inspiration from around the world to ensure a fresh new aesthetic across all projects, KOA wants to redefine what urban communities mean in the region with spaces that are designed to enhance work, rest and play. Even more than that, KOA will be an active part of the community, supporting local talent and nurturing potential through design competitions, scholarships, art shows and creative collaborations.
KOA's properties will include residential, commercial, retail spaces that are regionally unmatched in terms of new design, special services, and access to culture, nature and real buzzing communities. These elements have become more important to Dubai residents and are starting to show themselves in areas such as D3 and Al Serkal but, until now, this movement has not yet been realized in real estate projects. KOA's projects' strength lies in creating unique spaces and that are focused on enhancing human experiences.
KOA's first project is named 'Canvas' and it will be a showcase of the KOA ethos in terms of design, finish and facilities. 'Canvas' is located near Mohammed bin Rashid Gardens, off of Emirates Road. The property is conveniently located 20 minutes from the city but it feels much further from the hustle and bustle, offering its residents peace and tranquility while in the home space. This connection and commitment to nature is one of KOA's defining characteristics. Canvas will preserve the ecological balance and sustainability of the local area through landscaping focused on celebrating the regions indigenous plant species. With facilities that are centered on the resident's requirements and ambitions, Bin Zaal says he wants 'Canvas' to be the dream home that residents have always imagined living it. "I want to give them something they would design for themselves if they had the opportunity."
KOA's Canvas community will also be the home of the brands first co-working space. A fresh concept that aims to bring together the regions entrepreneurs, creative talents and business game-changers, the co-working space is an inspiring, supportive and state-of-art communal facility that will become the hub for the kind of new ideas, productivity, creativity that will drive the UAE forward.
Each of the seventy apartments available within the Canvas building has sunset and Dubai city views. With seven floors dedicated to apartment style living, Canvas is offering studio, one, two and three apartment bedroom floorplans, and several options for layouts available. Canvas will have an unmatched range of features & facilities including a gourmet market, daycare facilities, fitness studios, pool, water features, landscaped gardens, barbecue areas and art displays around the grounds.
Very different from Europe or North America, young professionals in the UAE are more able and willing to enter into the property market earlier on in life. KOA seeks to offer the perfect solution for first time home buyers in the UAE, welcoming them to settle into their new household. Sales of Canvas will launch in November 2016 with an expected completion date of December 2017.
© Press Release 2016