SHUAA Capital revealed plans for a new skyscraper in one of Dubai’s most dynamic neighborhoods.
Located on Sheikh Zayed Road and in close proximity to the Business Bay area, the Dubawi property will offer views of the Arabian Gulf on one side and the Burj Khalifa, the world's tallest tower, on the other.
The concept was developed by London’s N Studio.
Designed as a mixed-use hotel and residential tower to address demand in the United Arab Emirates’ residential, tourism, and hospitality sectors, Dubawi will comprise approximately 500 hotel rooms and serviced apartments, as well as over 500 apartment units and penthouses.
“We are excited to move forward with this project, which will build on SHUAA’s experience in real estate, while opening up new frontiers in a key sector of the UAE economy,” said Fawad Tariq-Khan, General Manager of SHUAA Capital. “Dubawi will evolve into a landmark in its own right thanks to its scale, world-class design and amenities.”
For more on this story, go to SHUAA Capital’s website.