Saudi-based Al Sharq Investment said the structure of The Alef Residences, a project of firsts, serviced by W Dubai – The Palm, has topped out and is on track for 2017 handover.

The Alef Residences, serviced by the world-renowned W Dubai - The Palm, is located on the breathtaking west crescent of Palm Jumeirah in Dubai, UAE.

Inspired by the wadis and bastakiya, the development represents the first development under the Alef brand which set to have a global reach starting in the Middle East, said senior company officials at the Cityscape.

On a 46,840-sqm plot of land, the fully funded Alef Residences are scheduled for handover in Q2 2017 standing for quality, luxury, beauty and elegance, they stated.

The 104 homes, all with unique floor plans, are located across eight mansions featuring their own dedicated lobbies and private elevators, shared by only two apartments on each floor for the ultimate in discrete living.

According to them, The Alef Residences is the most prestigious address on the Palm Jumeirah and is the first truly integrated luxury lifestyle development. On all the three days, company representatives will be at Alef Residences stand to update visitors on the development.

The Alef Residences have been built in response to a distinct gap in the Dubai residential market, a need for quality on another level, leading to residences made from only the finest materials, delivering spacious and comfortable apartment living beyond the current industry expectations, they added.

With the largest botanical gardens on the Palm Jumeirah, The Alef Residences is the first lifestyle living destination in the UAE serviced by W Dubai – The Palm, with access to 475 m of private beach, said a statement from Al Sharq Investment.

A selection of two-, three-, four- and five-bedroom luxury homes offer from 4,800 to 15,000 sq ft of spacious accommodation, with stunning floor-to-ceiling panoramic ocean and skyline views, large balconies and gardens, some even with their own pool, it stated.

The top floor is reserved for two single penthouses and three duplex penthouses. The project has been uniquely tailored to cater for a diverse range of cultures with the top two floors just shell-and-core so owners can take advantage of world-class interior designer partners to customise.

The Saudi developer said Alef Residences duplex penthouse has been priced at Dh51 million ($14 million) and for the mansion, its Dh268 million ($73 million).

The residences will also boast an exclusive private members’ club, the Club 104, available to residents and select VIPs to unwind, socialise and dine.

In addition, residents will have VIP access to the W, its 24/7 concierge service and amenities, including six innovative dining destinations and in-residence catering service, it added.-TradeArabia News Service