Offices 4 and 5 of Dubai World Trade Centre’s (DWTC) One Central development have been delivered ahead of schedule, marking the final phase of the commercial and retail aspect of the mixed-used development in Dubai’s Central Business District.
DWTC said the release of 6.89ha of Grade A office space brings the total amount of completed commercial and retail space at One Central to 15.98ha, complete with a four-level basement comprising 4,380 parking spaces.
Offices 1, 2, and 3 were completed in the last three years, DWTC added, with One Central “already home to a variety of blue-chip tenants from the fields of oil and gas, finance, insurance, tourism, and management consulting”.
Speaking on the completion of the development’s final commercial and retail phase, Gurjit Singh, senior vice president for real estate at DWTC, said: “[One Central] is designed to address the evolving needs of the business traveller, and is gaining significant interest from global and local companies.
“One Central’s business-friendly regime, and a carefully masterplanned mix of corporate, retail, and hospitality offerings [provides] unique lifestyle experiences in line with placing Dubai on a global map as an iconic destination to live, work, play, and connect.”
Looking ahead, DWTC said the next phase of the mixed-use development is Accor Hotels’ 25hours Hotel Dubai One Central, marking the German hospitality brand’s regional debut outside of Europe.
Scheduled to be completed by June 2020, the hotel will be the largest of the brand in the world with 434 rooms designed with Arabesque elements.