Developer says construction of phase 1 of Meydan project is more than 10% finished
Oriental Pearls, an upscale property developer in the UAE, has announced that Royal Pearls, a 4.6 million square foot community of more than 7,000 premium freehold apartments, is on track for completion in 2022.
Located in Meydan Master Development in Dubai, more than 10 percent of phase 1 of the $5.7 billion project is already complete, the developer said in a statement.
Tariq Jarrar, vice president of sales and marketing at Oriental Pearls, remarked: “Royal Pearls is designed to harness the power of innovation to provide superior premier lifestyle options, set in refined, elegant and environmentally-friendly surroundings of Nad Al Sheba. Networked buildings with smart security and automated services are part of our value addition, which will be de riguer in similar developments going forward.”
He said the enabling work for the first 12 towers is finished and the anticipated completion for all units is scheduled for November 2019.
He added that at the heart of Royal Pearls will be a community centre, surrounded by water features, and a park. There will also be cafes, restaurants, a 55-seater private theatre, day care centre, multifunctional hall, spa, salon, bowling alley, squash courts and a fitness centre.