Emaar Properties unveiled plans for The Oasis, their newest large-scale mixed-use development covering over 100 million square feet in Dubai.
With an estimated investment of $20 billion, the project will feature over 7,000 luxury residential units primarily comprised of luxury townhouses, villas, mansions, and super-mansions spread across spacious plots, in addition to extensive recreational amenities like parks, jogging trails and water canals occupying 25 percent of the land.
Arabian Business took a closer look at Emaar’s upcoming master community, and here is all you need to know about The Oasis:
Dubai’s The Oasis by Emaar plans revealed
Located on the outskirts of Dubai, The Oasis will span over 100 million square feet, making it one of the largest single developments in the Emirate to date.
The project is envisioned to become a premier luxury destination providing an ultra-modern lifestyle for its residents.
The project is also focused on large luxury living accommodations in a resort-style setting, aimed at attracting Dubai’s wealthy citizens, residents and international clientele.
Residents at The Oasis can also take advantage of four championship golf courses nearby. Moreover, it is also 20 minutes away from Downtown Dubai.
Additionally, The Oasis is located in an area 18 minutes away from the Al Maktoum International Airport with Dubai Hills Estate, Dubai Hills Mall, Dubai Marina, Dubai Marina Mall, Dubai Mall and downtown Dubai being in the same vicinity.
“In each of its destinations, Emaar strives to meet the needs of our discerning 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, 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,” Mohamed Alabbar, founder of Emaar Properties said.
Aside from this, The Oasis will provide easy access to a planned 1.5 million square foot retail boulevard, which will house global luxury brands and a diversity of food and beverage concepts.
Total development value rises to AED73 billion, Emaar announces
Recently, Emaar announced that The Oasis is undergoing a significant expansion, with the total development value increasing by 108 percent from AED 34 billion to AED 73 billion. However, no details have been revealed yet on the new number of units or amenities resulting from the increased space.
The expansion will increase the project’s green spaces and landscapes, thus increasing the standard of luxury living through a lush, nature-inspired setting.
“With The Oasis’ expansion, this extraordinary development is growing not only in size but also in vision, enabling us to bring significant new projects to the market and further elevating Emaar’s sales levels. The AED 73 billion investment exemplifies Emaar’s objective of creating living spaces that combine luxury and sustainability, establishing The Oasis as an exemplary model for integrating opulent living with a greener future in Dubai’s dynamic landscape,” Alabbar added.
The project was first announced in June 2023, at Dubai’s Armani Hotel, with Indian actor Shah Rukh Khan in attendance. He also praised Emaar’s commitment to consistently delivering exceptional urban marvels.
“Whenever Emaar presents us with an urban marvel, it immediately follows it with another new destination that is a masterpiece in and of itself, such as The Oasis by Emaar, which we are celebrating tonight,” Khan said.
Construction of The Oasis by Emaar began in 2023.
The Oasis by Emaar: Palmiera Residences
Situated close to major routes like Sheikh Zayed bin Hamdan Road and the future extension of Al Khail Road, this 100 million square foot development promises an oasis escape while maintaining close proximity to Dubai’s attractions.
Palmiera at The Oasis offers spacious 4- to 5-bedroom villas spanning over expansive land plots.
“Each home features welcoming entryways and ample interiors, and opens onto private gardens that lead to the nearby water canal,” Emaar said in a brochure.
Residents have access to high-end amenities within the exclusive community centre such as a lagoon pool, gym, wellness areas and multi-purpose rooms.
Additional facilities include parks, playgrounds, sports courts, an outdoor jogging/cycling track, beaches, mosques and schools. This provides a relaxing lifestyle with options for maintaining health and fitness.
Home prices start from AED8.5 million for the villas, as per the official Emaar website.
Emaar is all set to launch the next phase of new residential clusters located in The Oasis starting April 2024.
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