Dar Al Arkan unveils $218mln luxury waterfront tower in Dubai

Urban Oasis is situated in the heart of the city directly on the Dubai Water Canal

  
A man walks outside the headquarters of Dar Al Arkan Real Estate Development Co. in Riyadh, October 23, 2013. Image for illustrative purpose.

A man walks outside the headquarters of Dar Al Arkan Real Estate Development Co. in Riyadh, October 23, 2013. Image for illustrative purpose.

REUTERS/FAISAL NASSER

Dar Al Arkan, the leading real estate company in Saudi Arabia, has joined hands with luxury Italian fashion house Missoni (known for its bold colours and iconic zigzag motifs, stripes, and wave patterns) to unveil its new waterfront residential tower in Dubai - the Urban Oasis.

The launch of the AED800 million ($218 million) development marks two significant firsts for both the companies: Dar Al Arkan’s regional expansion with its first project in the UAE and the Arab world’s first-ever bespoke Missoni-inspired living spaces designed by the fashion brand’s MissoniHome line dedicated to interiors, decor, and furnishings.

Urban Oasis is situated in the heart of the city directly on the Dubai Water Canal in close proximity to Downtown Dubai’s top attractions such as Burj Khalifa and The Dubai Mall, and many other premium lifestyle locations.

The deluxe homes of Urban Oasis offer spectacular and uninterrupted views of the Dubai Water Canal, making the tower a true urban oasis within the bustling city.

Construction of the tower is currently underway and is set to be completed before the end of 2023.

On the new project, Vice Chairman Ziad El Chaar said: "Its location is in one of the most sought-after in the city, and we’re happy to have our first flagship development in the UAE situated in the heart of Dubai. The Dubai Water Canal is one of Dubai’s most attractive areas for homebuyers, and given its proximity to Downtown Dubai, Urban Oasis assures the best that the city life can offer, making it the ideal place to live."

"Working with Missoni is a clear indication of our continued dedication to providing our clients and investors with the highest standards of luxury living, while being completely unique compared to anything else on the market," he added.

The Urban Oasis in collaboration with Missoni is one of the best representatives of Italian fashion and contemporary design excellence around the world. It consists of 38 floors of high-end one, two and three-bedroom apartments and four-bedroom penthouses with luxury interiors from MissoniHome.

Missoni CEO Livio Proli said: "We’re delighted to be working with Dar Al Arkan on the Urban Oasis project, our first in the region, and are excited to be furnishing these incredible apartments with the finest fabrics and Miami inspired design, which will give the homes a unique and original finish."

"Our creative team has come together to design bespoke luxury interiors that perfectly complement the apartment’s urban surroundings. The Dubai real estate sector continues to grow and we’re relishing being a part of a development that has so much to offer," stated Proli.

The unique penthouse apartments, which are accessible via a private elevator, come fully fitted with high-end Missoni fixtures and décor elements. The immaculately designed one, two, three apartments come in varying sizes and offer unique levels of five-star living, increadible water-front views and a closed kitchen.

Residents will also have access to luxury facilities and services. The tower features a swimming pool, a children's play area, car parking, an equipped gymnasium, and 24/7 conceirge and security service, he added.-TradeArabia News Service

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