The Al Habtoor Group has announced details of its much-anticipated development on Sheikh Zayed Road in Dubai. The Group has named the breathtaking mixed-use development ‘Al Habtoor City’.
The Al Habtoor Group has partnered with some of the world’s best-names to create a new destination for citizens, residents and tourists alike. Al Habtoor City will undoubtedly become ‘the’ meeting point at the centre of Dubai where each component within the development will have its own personality. On average, 20,000 visitors are expected to visit Al Habtoor City every day, up to 7.3 million visitors a year.
The world-class Al Habtoor City will help Dubai compete with destinations such as New York, London, Paris and Hong Kong. Located in a prime location - overlooking the Burj Khalifa in the Business Bay area and near the Dubai International Financial Centre – the cutting-edge development will be unique to the United Arab Emirates, offering top-rated hotels which will add more than 1,600 rooms to the city. In addition there will also be a spectacular water-themed theatre for a permanent production by the world famous theatrical director Franco Dragone. Al Habtoor City has the added benefit of being on the banks of the Dubai Water Canal – soon to be the emirates’ newest tourist location.
The Al Habtoor Group is now pleased to unveil the latest addition to this stunning mega project: Three residential towers for exclusive and contemporary living, taking the total investment in the entire project to AED 11 billion (US $3 billion).
“Al Habtoor City is a very unique project,” said Khalaf Al Habtoor, Chairman of the Al Habtoor Group. “The 10 million square foot development, erected on approximately a one million square foot plot, will feature three world-class hotel brands from Starwood – including the first-ever St. Regis in Dubai. Plus, it will have the added attraction of spectacular entertainment. It will combine ultra-luxury hotel living with 5-star residential ambiance.”
The Group has commissioned leading British architects WS Atkins for the development of the residential blocks. It has also appointed Knight Frank to provide retail consultancy expertise for the podium under the residential towers and Asteco Real Estate Services will manage and lease the towers and retail outlets.
Al Habtoor City’s residential living will embody exclusivity – residents and visitors will not need to leave the complex. They will have access to multiple amenities within the complex - including swimming pools, a gym and spa. There will be shops, cafés, a supermarket, a crèche, a clinic as well as access to all the high-end facilities in the three adjacent top-rated hotels.
The main features of the residential towers include:
Two 74 floor residential blocks
One 40 floor residential tower
Up to 1,460 apartments, ranging from one to seven bedrooms
Eleven penthouses, two of which will be VIP/ Presidential-style penthouses
Multiple swimming pools
Each of the towers will house a single-story 720 square metre Simplex penthouse, and two 2-storey Duplex penthouses ranging from 795 square metres to 820 square metres. Every penthouse will include its own private sky garden and swimming pool. The two taller blocks will each feature a massive 4-story VIP penthouse with over 3,000 square metres (32,300 square foot) of living space.