Staff Report,
Dubai, UAE
Emaar Properties, a leading developer in the UAE, has announced the expansion of its flagship residential development, The Oasis, by 108 percent in Dubai. This has elevated the project’s total development value from Dh34 billion to Dh73 billion.
The Oasis comprises more than 7,000 residential units, featuring mansions and villas that offer views of water canals, lakes, and parks. It boasts an expanded eco-friendly landscape, dedicating 25 percent of its land space to recreational areas. Moreover, green spaces, lakes, jogging tracks, and luxury amenities are featured to encourage a community-focused, active, and healthy lifestyle.
Mohamed Alabbar, founder of Emaar Properties, said, “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 Dh73 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.”
The Oasis’ strategic location within Dubai offers close proximity to four international golf courses and various attractions.
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Also read: Emaar Development records 74% profit growth to US$1.8 billion in 2023
