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A luxury development located on the western crescent of the world famous Palm Jumeirah, the RMJM designed Alef Residences are receiving significant interest from investors around the Gulf and abroad. The residences will make up part of Dubai’s longest private residential beachfront.
Inspired by the traditional Middle Eastern “wadi” style, the buildings face back-to-back, offering a cool central space. The two buildings are broken up into eight ‘mansions’, or clusters, with each unit containing dedicated parking, lobby and lift entrance. The higher floors offer three simplex and two duplex apartments, each with its own private access.
Render of the view from the balcony of an Alef Residence, looking out to sea
The wadi-inspired properties are currently under construction alongside the W Hotel Palm Jumeirah, which has also been designed by RMJM. The one million square foot site comes at an overall cost of Dh2 billion, with more than 50% of the site allocated to the residences. The apartments range in size from 4,800 sq ft to 15,000 sq ft and in price from Dh12 million to Dh50m.
Each of the three bedrooms has an en-suite bathroom, while the two larger rooms also have walk-in wardrobes
A joint venture between Saudi Arabia’s Al Sharq Group and Qatar’s Al Mana Global, the sale of the 104 apartments started last month. Executive Director of Al Sharq Investment, Mahmoud Amer told Emirates 24|7 recently “We believe strongly our homes offer something not seen in Dubai or the region, resulting in The Alef Residences not only providing highly desirable homes but solid investments for our new homeowners.”
Matthew Bate, Al Mana’s general manager of real estate and investment, said “This is a unique product that we believe will fill a market niche, which is extremely high-end homes in an apartment-style living arrangement. Having a plot of over 1 million sq ft on the Palm, you couldn’t ask for a better backdrop and a better location.”
Render of the Alef residences at night
The wider development features the Club 104, an exclusive members’ club for residents and guests with a restaurant, gym, lounges, a spa, meeting rooms, kids’ club and a cinema. The undulating form of the W Hotel takes full advantage of the views of the Palm Jumeirah’s unique location by opening up vistas to the waterfront.
Matthew said of the idea behind the luxury Dubai beachfront residences: “We did some research on the Alef and its origin. It starts with the hieroglyph of an ox, which shows virility and strength. It then goes into the Phoenician Alef and then the Arabic. It’s a brand that’s very deeply rooted in the culture of this region, going back to the civilisations that have existed here for thousands of years, “adding, “This is the first product of the brand, but not the last.”
Render of the W Hotel located on Palm Jumeirah’s west crescent
Chief Executive for RMJM International Harry Downie said “RMJM is delighted to have been involved with Al Sharq Group and Al Mana Global in designing the Alef Residencies and W Hotel on Palm Jumeirah. Recognising our clients desire to have a high-quality product which differentiated from other offerings in Dubai, we set about producing a unique design solution which I am confident will prove extremely attractive and successful. The project will be a striking addition to the Palm Jumeirah Skyline, challenging the status quo of the neighbouring projects on every level, from the size and quality of the offering to the power of the W Hotel brand .”
According to the site contractor Al Futtaim Carillion, around 34 percent of the project has been completed so far, with an expected completion date of mid-2017.