Emaar, the eminent property developer, has publicized its plan for an ambitious $20 billion waterfront development in Dubai named ‘The Oasis’. This lavish project is positioned on the city’s outskirts and is poised to redefine luxury living with its vast range of residential offerings.
Luxurious Residential Features
‘The Oasis’ by Emaar promises to host an expansive collection of 7,000 homes, which will comprise a grand selection of mansions and villas. Strategically located, the development will be a mere 20-minute drive from Downtown Dubai, offering a blend of suburban tranquility and city convenience.
Emaar founder, Mohamed Alabbar, underscored the project’s primary objective at the unveiling event at Armani Hotel. He stated, “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.”
Amenity-Rich Community
Dedicated to cultivating a vibrant, amenity-rich community, Emaar announced that a quarter of the development’s total land would be assigned for the establishment of lakes, water canals, parks, jogging tracks, and green spaces. This vision of an idyllic oasis within the city aims to create a perfect blend of luxury and comfort for residents.
Economic Implications
The mega-development is also expected to create numerous job opportunities for expats across various sectors. The project’s sheer scale and multifaceted nature will generate a demand for a diverse range of skills and expertise, further invigorating the city’s economic scene.
Summary
- Emaar has revealed its $20 billion luxury development project, ‘The Oasis’, on the outskirts of Dubai.
- The project will feature 7,000 homes, including mansions and villas, and will be just a 20-minute drive from Downtown Dubai.
- The development will dedicate a quarter of its land to amenities such as lakes, water canals, parks, and jogging tracks.
- The project is expected to create numerous expat job opportunities across various sectors, thereby stimulating the city’s economy.