

Dubai-based real estate and hotel advisory provider Buniah has launched a Dh300 million ($81.67 million) Oasis Tower Two project at Dubai Sports City.
A joint venture between Buniah Group and Oasis Ventures Group, the project will offer 240 fully-furnished apartments.
“The construction contract will be awarded in April and construction work is expected to begin two months later in June,” said chief executive officer Mohammad Al Saafeen.
The project is expected to be complete by December 2009.
Optimally located with a spectacular frontal view of Dubai Sports City’s verdant golf course, Oasis Tower Two has an elegant building design, five-star lobby, high-speed elevators, state-of-the-art facilities and spacious covered parking, besides panoramic lake view, river walk, golf courses, landscaping, tennis courts, fine restaurants, boutiques and shops, says a spokesman for the developer.
The 28-storey Oasis Tower Two project will comprise four types of furnished apartments ranging from one- and two-bed to executive suite and studios. The two-bed apartments will have a built-up area of 1,650 sq ft, while the one-bedroom apartments will be 1,010 sq ft, executive suite of 703 sq ft and studio apartment of 552 sq ft. The tower will feature a five-floor parking, alongside ground plus 22 floors.
Buniah currently has various projects in the pipeline including a Dh800 million digital park development in Al Jeddaf area and a four-storey building in Jumeirah Village. Over the next couple of months, the company also intends to launch a mixed-use development in Amman, Jordan.