Dubai real estate: Construction begins on $191m One Central Park in JVC
In a major milestone for Dubai’s real estate industry, IMAN Developers is poised to revolutionize Jumeirah Village Circle (JVC) with the launch of the One Central Park project. This bold initiative represents a new chapter in urban living, merging innovative design with a range of high-end amenities.
IMAN developers breaks ground on One Central Park in JVC, Dubai
Dubai’s IMAN developers has announced the ground breaking of the One Park Central project, a landmark mixed-use development in the heart of Jumeirah Village Circle (JVC).
Valued at AED700m ($191m), IMAN developers aim to redefine urban luxury living with One Central Park’s innovative design and extensive amenities.
Strategically located facing Central Park in JVC, One Park Central is set to become a vibrant community hub offering an exceptional lifestyle to its residents.
One Central Park in JVC, Dubai
The development will include a state-of-the-art fitness and wellness facilities and beautifully landscaped areas.
Ismail Marfani, Chief Executive Officer of IMAN developers, said: “We are proud to announce that the groundwork for One Park Central is underway. This moment also marks the beginning of IMAN developers’ transformation into an elevated destination that pushes the boundaries of conventional luxury.
“Together with our existing masterpieces, we are committed to creating a place that empowers discerning individuals to live their best lives. We look forward to sharing further developments in the future.”
One Park Central will offer residents an impressive array of over 60 premium amenities, including state-of-the-art fitness centres and wellness facilities.
The Dubai development will house 482 residential apartments, 38 commercial units, and six retail spaces across a structure of a basement, a ground floor, five parking floors, 23 residential floors and one rooftop floor.
The residential unit sizes range from studios (356 to 529sq ft) to luxurious four-bedroom penthouses with private pools (3,800 to 3,845sq ft), catering to a diverse clientele seeking the epitome of luxury and convenience.
One Park Central is designed to attract discerning international and Middle Eastern buyers from all around the world from Germany, the United Kingdom, Russia, China, and Asian and Arab expatriates.
With starting prices ranging from AED650,000 ($177,000) to AED3m ($817,000), the development offers a variety of options to suit different lifestyles and preferences.
The project is expected to be completed by the second quarter of 2027. One Park Central is committed to sustainability, incorporating green building certifications and advanced sustainable practices to ensure an environmentally friendly living environment.
With a project value of AED700m ($191m), One Park Central represents a significant investment in the future of luxury living in Dubai. This groundbreaking marks an important milestone for IMAN developers, reinforcing their vision of setting new quality standards in residential housing for both Emirati and international families.
Reference: Arabian Business
