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Ithra Dubai, a leading real estate developer and management company wholly-owned by Dubai Investment Corporation, today announced the launch of “One Deira” at the Deira Enrichment Project (DEP). The Sherina, Osha, Afra, Maryam and Hind squares handed over from September 2020 to March 2021 were all completed as planned, with District 4 following close behind.
One Deira consists of an office building, a hotel building with 131 rooms, and a two-story retail podium. It has two highlights of the master plan; a state-of-the-art integrated transportation hub and Dubai’s first shopping mall. At the top of the subway station, in a central and convenient location. One Deira will serve the prosperous residential and commercial communities in the surrounding Phase I area, including 2,200 residential units, more than 700 retail units, 700,000+FT² office areas, restaurants and 8 international brand hotels, including Adagio and Wyndham There are 1,450 keys in total in, Super 8 and Days Hotel.
Commemorative occasion, IssamGaladari, Director and CEO of Ithra Dubai, Said: “The Deira Enrichment Project is expected to become a leading destination. Each new milestone will add unique products to Dubai’s trade, retail and tourism landscape. As an upgrade and complement to Dubai’s oldest urban area, this landmark The development project encompasses the city’s vision of sustainability, innovation and mobility with a focus on heritage.”
One Deira provided extraordinary advice to the business community on DEP, introducing 55 brand new retail units and 73,000+FT² NLA office areas on the podium, as well as a Days Hotel with 131 keys.
The launch of One Deira will further introduce the UAE’s first integrated central transportation station, minimize dependence on private cars, increase mobility and ease the movement of goods and people inside and outside the region. The integrated transportation network provides easy access to all the services of the Road and Transportation Administration, including a subway station, RTA bus terminal, taxi stand and an additional 158 platform parking spaces in a central location.
In addition, in the country’s first list, One Deira will unveil the first retail complex above Dubai Metro Station. The unique retail concept is an engineering marvel, and because of its impressive structure, unconventional location and excellent design, it is bound to succeed with a large number of commuters every day.
The mixed-use development aims to revitalize Dubai’s original commercial center and continue to attract new and established commercial brands into the area. DEP provides services to families and businesses, including green landscapes, neighborhood parks and pedestrian areas in ideal communities, and is also a strategic location for businesses to flourish.
On the DEP calendar for 2021, other areas of the Deira enrichment project will be launched, especially the 8th and 9th districts in the 3rd quarter, and the 5th and 10th districts in the 4th quarter.
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