Dubai-based real estate joint venture RKM Durar Properties has officially launched the Dhs650m ($176.9m) J One Towers mixed-use residential and retail development on the Dubai Canal.
The developer said the unique two-tower curved structure, located across 900,000 square feet within the Burj Khalifa District, was inspired by the Arabian Gulf’s pearl market heritage and designed in the shape of an oyster.
QHC Architects and Engineers is the architect and lead consultant and Meinhardt Singapore PTE has been appointed as engineering consultant.
The first 19-floor tower has 257 studios, one- and two-bedroom apartments, two temperature controlled pools, spas, gyms, a sky garden and a children’s play area.
The second 18-floor tower comprises 90 two-, three- and four-bedroom apartments with large living areas, two pools, spas, health clubs and a VIP lounge. It will also include a unique restaurant concept.
Six villas with private pools are located around the towers.
RKM Durar said the project would cater to owners looking to rent apartments as holiday homes. The initial payment plan is 25 per cent of the unit price during construction and 75 per cent after delivery.
Prices start from Dhs825,000 ($224,000) for a studio to nearly Dhs2.2m ($600,000) for a two-bed.
“J One is one of the pearls of RKM Durar Properties and can be considered a real work of art, designed specificially to provide an optimal living space of the highest quality to residents of the towers,” said RKM Durar general manager Mohammed Miqdadi.
Durar has appointed Wrenn Associates to design the project’s interiors and Ali & Sons Contracting is the designated contractor.
Construction has begun and the basement floors are completed. The project is expected to be finished in the second or third quarter of 2019.
RKM Durar was established in 2005 as a joint venture between RKM Real Estate and Durar Al Emarat Properties.