Omniyat, a leading Dubai-based real estate developer specialising in luxury properties, has appointed Brookfield Multiplex as the main contractor for One at Palm Jumeirah, a highly prestigious project in the UAE emirate.

Headquartered in Sydney, Australia, Brookfield Multiplex is a global contracting and development company that designs, builds and maintains property and infrastructure assets.

One at Palm Jumeirah is a 23-storey (G+23) building that aims for a Leed (Leadership in Energy and Environmental Design) Silver rating. It will be completed over the next two years and will offer a total built-up area of 107,795 sq m.

Envisioned by a team of world-class talent, the Dh2-billion ($544 million) architectural masterpiece was the outcome of an international competition held in 2014. It is located at the first plot on the trunk of Palm Jumeirah and houses 90 ultra-luxurious apartments distinctly crafted for the discerning clientele.

The prices of the apartments start at Dh14 million ($3.8 million) and go all the way to the Dh200 million ($54 million) penthouse hailed in the international media as Dubai’s most expensive penthouse.

Announcing the contract, Mark Phoenix, the managing director of the Omniyat group, said: "Our relationship with Brookfield Multiplex goes back a long time and both the management and team have always demonstrated the highest level of expertise and professionalism.”

John Ferguson, the executive chairman of Brookfield Multiplex, said: "We are delighted to be chosen to build this unique and outstanding project, and we look forward to building on our existing relationship with Omniyat."

Expected to set the standard for this new era of luxury development in Dubai, the project’s form is a pure expression of its function.

Divided vertically into three cores, with each core allowing access to a maximum of two apartments per floor, it is designed to provide owners with unprecedented privacy and exclusivity, he stated.

Phoenix said the apartments, designed by Tokyo-based interior designer Super Potato, will be finished with quality materials, finishes, joinery, kitchens, walk-in closets and bathrooms.

The landscaped terraces will offer panoramic views of Dubai’s famed skyline, Burj Al Arab and the Arabian Gulf, it added.

The One at Palm Jumeirah base will house three swimming pools, private yacht club, spas, gym, library, private cinema and spacious landscaped areas designed by the world-famous Vladimir Djurovic.

“We are seeing buyers from as far as New York to as near as the Palm,” said Phoenix.-TradeArabia News Service