Dar Al Arkan launches $218mn residential tower in Dubai

Construction of the tower is already underway and is expected to be complete before the end of 2023

Developer Dar Al Arkan has inked a deal with luxury Italian fashion house Missoni to unveil its new waterfront residential tower in Dubai – the Urban Oasis. The $218m project is said to mark the developer’s first expansion into the UAE real estate market and is the Arab world’s first bespoke Missoni-inspired living space designed by the fashion brand’s MissoniHome line.

According to a statement, the Urban Oasis will take shape in the heart of the city directly on the Dubai Water Canal close to Downtown Dubai’s top attractions. The deluxe homes are expected to offer spectacular views of the Dubai Water Canal.

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

“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,” said Dar Al Arkan vice chairman Ziad El Chaar.

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, the statement said.

Missoni CEO Livio Proli added, “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.”

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