Construction

Dar Al Arkan completes topping out of $218mn residential project in Dubai

The 34-storey tower offers a mix of luxury units and is slated for completion by the end of 2023

Dar Al Arkan has announced the topping out of its Urban Oasis residential tower. The $218mn, 34-storey project is being developed in partnership with Missoni and is located near the Dubai Water Canal.

The structural completion milestone was celebrated by Dar Al Arkan chairman Yousef Al Shelash, who visited the site and took part in the topping out ceremony, the developer noted.

Urban Oasis is Dar Al Arkan’s first project in the UAE, and the region’s first ever bespoke Missoni-inspired living spaces designed by the fashion brand’s MissoniHome line, which is dedicated to interiors, decor, and furnishings, said a statement.

Situated on the Dubai Water Canal, it is in close proximity to Downtown Dubai’s top attractions such as Burj Khalifa and The Dubai Mall, and many other premium lifestyle locations. The project’s homes offer spectacular and uninterrupted views of the Dubai Water Canal, making the tower a true urban oasis within the bustling city. It consists of high-end one, two and three-bedroom apartments and four-bedroom penthouses with luxury interiors from MissoniHome, stated the Saudi developer.

The tower has been 80% sold to a diverse range of homeowners and investors from all over the world representing over 45 nationalities. It is due for completion by the end of next year.

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