Emaar unveils $20bn ‘The Oasis by Emaar’ lifestyle project
25% of the land will be dedicated to lakes, water canals, parks, jogging tracks, green spaces, and various luxury amenities
A new US $20bn waterfront luxury lifestyle destination has been unveiled by developer Emaar Properties. Spread over an area of 100m sqft, The Oasis by Emaar will feature 7,000 residential units and will comprise a mix of large mansions and villas, and aims to provide residents with views of water canals, lakes, and parks.
According to a statement, The Oasis by Emaar is located in a prime location within Dubai and will be surrounded by high-end developments. It will offer proximity to four international golf courses and is located just 20 minutes from Downtown Dubai.
Aiming to provide a prestigious and upscale living experience in Dubai’s real estate landscape, the development has been designed to create a resort-style lifestyle, with 25% of the land dedicated to lakes, water canals, parks, jogging tracks, green spaces, and various luxury amenities, the statement noted.
Unveiling the project at a gala event at the Armani Hotel in the Burj Khalifa, Emaar said the project’s emphasis on recreational spaces will allow residents to enjoy a high-quality living environment and engage in an active and healthy lifestyle.
“In each of its destinations, Emaar strives to meet the needs of our discriminating clientele. Our primary objective is to design one-of-a-kind destinations that complement our clients’ opulent way of life, while providing unmatched comfort and luxury. Our most recent integrated project,” stated Emaar Founder Mohamed Alabbar.
The Oasis by Emaar will also feature an expansive 1.5m sqft retail area, which will host an array of lifestyle brands and offer residents access to superior shopping options. Moreover, there will be a variety of food and beverage outlets, ensuring a diverse culinary scene to cater to different preferences, he stated.
“The Oasis by Emaar is poised to complement the urban landscape of Dubai and redefine the future of luxurious living amidst nature and water, blending harmonious architecture and exceptional amenities,” Alabbar concluded.
