The $62.6m Ribbon of Light project in Dubai’s Silicon Oasis is now more than 50% complete.
The twin-residential tower project is designed by Abdul Rahim Architectural Consultants (ARACO).
The project covers a total construction area of 11,899m2. The smaller of the two towers has 238 studio apartments, three lifts and a lobby, while the larger of the two towers offers a combination of 240 one-bedroom apartments, 16 two-bedroom apartments and 14 three-bedroom apartments.
Talking more about the project, Rahim Banizaman Lari, ARACO's general manager said: “In terms of design and function, this project will be an iconic landmark in an important area of Dubai. We are delighted by the progress we have made to date and look forward to continuing our successful collaboration with other project stakeholders over the coming weeks and months.”
The ground floor units across both towers will provide seven large leasable retail units with community facilities including two large swimming pools, two kids’ pools, two Jacuzzis and two large gymnasiums. The development will also have 708 parking spaces.
Both buildings will be equipped with a chiller cooling system to reduce electricity consumption while maintaining optimum conditions for tenants and residents, the company said.
Lari added: “Both towers have been designed in a cylindrical shape to offer unrivalled views across the city skyline. This iconic structure, which will be visible for miles around is not only a landmark within Dubai Silicon Oasis, but will become a landmark development for Dubai, bringing new investment to a developing district in the emirate and adhering to Dubai’s strict new environmental, safety and fire regulations.”
The main project contractor is Gulf Contracting Company (GCC) and the project owner is Ribbon of Light Trading FZCO.