Ithra Dubai Launches One Deira at Deira Enrichment Project
Mixed-use development aims to rejuvenate Dubai’s original commerce hub and continues to attract new and well-established commercial brands to the area
Ithra Dubai, a leading real estate developer and manager, wholly owned by Investment Corporation of Dubai, announced today the launch of “One Deira” at the Deira Enrichment Project (DEP). Completed on schedule, District 4 follows each of Sherina, Osha, Afra, Maryam and Hind Plazas handed over between September 2020 and March 2021.
One Deira consists of an office building and a 131 rooms hotel building and 2 levels retail podium, it features two of the master plan’s highlights; a state-of-the-art integrated transportation hub and the first mall in Dubai constructed atop a metro station, in a central and convenient location. The One Deira will serve the thriving residential and commercial communities of the surrounding phase one Districts consisting of 2,200 residential units, 700+ retail units, 700,000+FT² GFA office area, F&B outlets and 8 international brand hotels, including Adagio, Wyndham, Super 8, and Days Hotel with a total of 1,450 keys.
Marking the occasion, Issam Galadari, Director and CEO of Ithra Dubai, said, “The Deira Enrichment Project is on track to becoming a leading destination, adding unique offerings to the trade, retail and tourism landscape in Dubai with every new milestone. Upgrading and complementing Dubai’s oldest urban area, the landmark development encapsulates the city’s vision of sustainability, innovation and mobility with an eye on legacy.”
Presenting exceptional propositions for the business community on offer at DEP, One Deira introduces 55 brand new retail units on the podium level and 73,000+FT² NLA office area, as well as the Days Hotel with 131 keys.
The mixed-use development aims to rejuvenate Dubai’s original commerce hub and continues to attract new and well-established commercial brands to the area. Catering to families and businesses alike, DEP includes green landscapes, neigbourhood parks and walkable areas within an ideal community and a strategic location for businesses to thrive.
One Deira will feature the first retail complex built above a metro station in Dubai: “The unique retail concept is a wonder of engineering owing to its impressive structure, unconventional location and exceptional design and bound to be successful with the large number of commuters passing through everyday,” said the firm.
According to Ithra, “The launch of One Deira will further introduce the first integrated central transport station in the UAE, minimising dependency on private cars, enhancing mobility and easing the flow of goods and people in and around the area. With easy access to all of Roads and Transport Authority services, the comprehensive transportation network will include a metro station, RTA Bus Terminal, taxi ranks and an additional 158 podium parking spaces in one central location.”
