Building A Bright 2023
Happy New Year and welcome to the January edition of the Northacre Journal. The New Year is a time for optimism and we are delighted to share details of some…
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This month, we are proud to reveal details of Ocean House, a partnership project to develop prime waterfront property on exclusive Palm Jumeirah. Northacre and SHUAA Capital are partnering with Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, and Sol Properties, the real estate development arm of Bhatia Group, for the new residential project on the iconic archipelago.
The partnership is a strategic alliance that brings together leading players in the investment and real estate industries for a unique project that reflects Ellington Properties’ signature design-led approach, with exceptional features and resort-like amenities for high-quality lifestyles.
Spanning nine residential floors as well as the ground floor, the new project will have 88 units comprising two- to six-bedroom units as well as duplex units. The spaces will be exquisitely designed for luxury living by Bjarke Ingels Group (BIG), an internationally-renowned group of architects based in Copenhagen, New York, London, Barcelona and Shenzhen.
“We are excited to embark on this partnership to realise our shared vision of creating contemporary luxury spaces and exceptional living experiences, while bringing our meticulous attention to detail and passion for craftsmanship,” Jassim Alseddiqi, Chairman of Northacre, says.
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