Thursday, December 11, 2008

Dubai Pearl

The Dubai Pearl is a huge mixed-use Mega Project being developed by a consortium of investors led by the Al Fahim Group and being built over an area of 1.7 million square feet, at a cost of $4Billion. Dubai Pearl is located in the Dubai Media and Technology Freezone and is only:

- 5 minutes from Dubai Marina,
- 10 minutes from Emirates Golf Club,
- 15 minutes from Jebel Ali Port and Free Zone,
- 20 minutes from Dubai International Airport,
- 50 minutes from Abu Dhabi.

Dubai Pearl has been designed to be a Pedestrian City which means the entire project is easily walkable, and what I really like about this development is that it will be climate controlled.....OUTSIDE. This "weather buffering" technology is being used more and more in Dubai Mega Projects including Jumeirah Lake Towers and Dubai International Financial Centre. It can actually cool outside areas just as air conditioning cools inside areas. You will see more and more of this all over The Gulf in order to eliminate the one big problem of this region....the heat.

Dubai Pearl, being a "city within a city," will offer everything you would expect from a multi billion dollar Dubai Mega Project including:

**Six, 5-Star Hotels including the Baccarat Hotel & Residences,
**Premium Residential and Commercial space,
**International Retail and Leisure Venues,
**Luxury Fashion Precinct,
**Boulevard of Luxury Boutiques,
**Gourmet Restaurants,
**2000 Seat Performing Theatre,
**Cinema Complex,
**Covered Parking for 16,500 vehicles,
**Landscaped Walkways,
**Sports Club,
**World Class Spa and Recreation Facilities,
**Jogging Track and Wellness Clinic.

The centerpiece of Dubai Pearl is the magnificent Dubai Pearl Tower. This is one of the most massive and impressive buildings I have ever seen. I predict it will become a Dubai monument right up there with Burj Dubai, Palm Jumeirah and Burj Al Arab. The gigantic Dubai Pearl Tower will be mixed use and contain the following:

Residential Areas:

> Sky Palaces with private gardens and pools,
> Sky Penthouses,
> Luxury Apartments,
> Branded Apartments,
> High speed elevators,
> Viewing Decks on every floor,
> Private Lobbies,
> Assigned underground parking.

These residences will be some of the finest in The Gulf and I have seen prices ranging from $1.25Million to $4Million depending on the size of the unit and its location within the Tower. However with real estate prices being slashed in Dubai look to pay far less!

Hospitality Areas:

> 5-Star Hotels,
> Boutique Hotels,
> Luxury Hotel Residences,
> World-Class Spa,
> International Restaurants and Entertainment.

Business Areas:

> Situated within the Dubai Media and Technology Free Zone (TECOM),
> 100% Foreign Ownership,
> 100% Repatriation of Capital,
> No Minimum Capital Investment,
> No Currency Restriction,
> No Corporate Taxes.

One of the best things about having an office at Dubai Pearl is that you can also buy one of the great residences offered, and virtually eliminate those annoying Dubai commutes to work!

Retail Areas:

> Luxury Shopping Mall,
> 21st Century Covent Garden,
> International and Themed Restaurants,
> Side-Walk Cafes,
> Premium Retail Space,
> Ample Parking.

"We conceived and planned Dubai Pearl as an international quality landmark that will continue to reinforce Dubai as a global city of excellence. Arguably the best location in Dubai deserves nothing less I believe," said Abdul Majeed Al Fahim, Chairman, Dubai Pearl

Dubai Pearl has everything it takes to become another spectacular monument for the region. The architecture of the project and the overall grandeur of the Dubai Pearl Tower will make this Mega Project a World Icon!

This link takes you to the Dubai Pearl website:


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