One Deira consists of an office building and a 131-room hotel building and a two-level retail podium.
Also, among the list of firsts in the country, One Deira will unveil the first retail complex built above a metro station in Dubai. Another highlight will be a state-of-the-art integrated transportation hub, in a central and convenient location.
The project will serve the thriving residential and commercial communities of the surrounding phase one Districts of DEP, consisting of 2,200 residential units, 700 retail units, 700,000 sq ft GFA office area, F&B outlets and eight international brand hotels, including Adagio, Wyndham, Super 8, and Days Hotel with a total of 1,450 keys.
Issam Galadari, Director and CEO of Ithra Dubai, said: “The Deira Enrichment Project is on track to becoming a leading destination, adding unique offerings to the trade, retail and tourism landscape in Dubai with every new milestone. Upgrading and complementing Dubai’s oldest urban area, the landmark development encapsulates the city’s vision of sustainability, innovation and mobility with an eye on legacy.”
The retail concept is a “wonder of engineering” owing to its structure and unconventional location, officials said.
The launch of One Deira will further introduce the first integrated central transport station in the UAE. The comprehensive transportation network will include a metro station, an RTA Bus Terminal, taxi ranks and an additional 158 podium parking spaces at one central location.
The mixed-use development aims to rejuvenate Dubai’s original commerce hub and continues to attract new and well-established commercial brands to the area.