Investment Corporation of Dubai launches One Za’abeel realty development
Investment Corporation of Dubai (ICD) has announced the launch of a 36-storey mixed-use real estate development, One Za'abeel, at the World Trade Centre roundabout in Dubai.
Real estate development in Dubai is located between the old and new business districts of Shaikh Zayed Road and carries the address 1 Za'beel. One Za'abeel realty development consists of three separate towers that will be inter-connected at the top and will have a common podium at the base. A total retail area of 270,000 square feet will be in the retail podium connecting the three towers at the ground level.
In a first for the UAE, a highway will run through the real estate development. One Za'abeel will also be in close proximity to two Metro stations in Dubai. Construction for the real estate development is due to begin shortly and completion is scheduled for early 2011.
