Emaar Properties unveiled plans for The Oasis, a large-scale mixed-use development exceeding 100 million square feet. This premier project represents a $20 billion investment and will offer over 7,000 luxurious residences. The development will feature primarily spacious townhouses, villas, mansions, and super-mansions, all situated on expansive plots. Additionally, residents will enjoy extensive recreational amenities encompassing parks, jogging trails, and water canals, which will occupy a significant portion (25%) of the land area.
Located near Dubai’s outskirts, The Oasis is poised to become a leading destination for luxury living. The project prioritizes spacious residences with a resort-style ambiance, catering to Dubai’s affluent residents and international clientele. Residents will have convenient access to four nearby championship golf courses and will be just a 20-minute drive from Downtown Dubai. The development boasts excellent connectivity, situated near major transportation routes and offering easy access to Dubai’s key attractions.
The Oasis will provide an unparalleled living experience. Residents will have access to a 1.5 million square foot retail area featuring global luxury brands and a diverse range of culinary options. Emaar recently announced a significant expansion of the project, increasing its total development value to AED73 billion. This expansion emphasizes a commitment to sustainability, with a focus on creating even more green spaces and landscapes throughout the development.
The Oasis project was first introduced in June 2023 at a ceremony attended by renowned actor Shah Rukh Khan. Construction has commenced, and Emaar is preparing to launch the next phase of residential offerings within The Oasis starting in April 2024. Specific details regarding new unit types and amenities haven’t been revealed yet.
Palmiera, a residential offering within The Oasis, exemplifies the project’s focus on spacious living. Residents can choose from expansive 4- to 5-bedroom villas situated on large plots. Each residence features welcoming entryways, generous living areas, and private gardens leading to nearby water canals. Additionally, residents will have access to a range of high-end amenities within a dedicated community center, including a lagoon pool, gym, wellness areas, and multi-purpose rooms. The development offers a comprehensive lifestyle package, encompassing parks, playgrounds, sports courts, fitness trails, and educational institutions. Home prices for villas start from AED8.5 million, as per the Emaar website.
Publish March 31, 2024
Source: https://www.arabianbusiness.com/industries/real-estate/inside-the-oasis-emaars-new-20bn-ultra-luxury-sustainable-development-in-dubai/
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