D43 The World Oasis Group

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D43 The World Oasis Group

Postby shawarma » 28 Jan 2009, 00:45

  • Property name: Oasis Group resort - is the Lynncoln World Island Resort?
  • Development: The World Dubai
  • Location: Island D43 off the coast of China (Japan?), near the Eastern Hub, (Huainan?)
  • Emirate: Dubai
  • Completion date of construction (expected or actual):
  • Completion date of construction (scheduled): 2010
  • Start date of construction:
  • Project value:
  • Area (size): 8 hectares (but 3.6 hectares is water so that leaves 4.4 hectares land area). Built-up area of 800,000 sq ft.
  • Number of units: 700 units in total
  • Developer:
  • Consultants:
  • Architect / Designer:
  • Project manager:
  • Construction firm:
  • Escrow account details:
  • Main/exclusive sales agent:
  • Apartment types (studio, # bedrooms): suites and 2 bedroom residences
  • Number of floors:
  • Villa types: 3 & 4 bedroom water villas
  • Foreign / Expat Ownership: An investment profit sharing ownership scheme proposed.
  • Residence visa included for expats:
  • Payment Plan:
  • Mortgage finance from:
  • Unit sizes (excluding/including balcony):
  • Unit prices (Original Price / OP & date):
  • October 2008 prices:
  • OP per square foot / date:
  • October 2008 price per square foot:
  • Transfer charges on resale:
  • Telephone: +971-4-2248200 Dubai Oasis Group Real Estate (I think), or Orient Planet PR & Marketing Communication Tel +971-4-3988901 (Orient Planet distributed the original press release).
  • Website:www.dubai-oasis.com
Other facilities and information

  • Press release from Oasis Group 12 November 2009 announced that OG had signed an agreement with Nakheel to purchase island D43 in The World. The resort planned by Oasis will include a "grand boutique" hotel and serviced residencies, restaurants, bars, expensive luxury goods shops, beaches, boat moorings, inner lagoon, and schools and cultural learning centers (what :shock: ?).
  • Chairman and CEO of Oasis Group is Dr Mostafa Elahy.
  • Oasis Group is apparently a "leading international real estate investment and development group of companies" but according to their website (assuming I found the right one - dubai-oasis.com) they only have two towers under development (Oasis Tower 1 and Oasis Tower 2), and there was nothing about their development on The World that I could see (checked January 2009).
  • The original press release said Oasis Group was founded in 2005 on the back of 25 years of experience of its founders in the US and GCC real estate markets.
  • Oasis Group said they have expansion plans for North Africa, East Europe and South East Asia.
  • Oasis Group Real Estate appears to be different (and unrelated) to Oasis Group Holdings, an investment fund management company with a subsidiary in Dubai - Oasis Crescent Capital (DIFC).

DubaiFAQs pages with related information

Please reply to this topic with relevant information and this first post will be updated. If quoting this post, please remove unnecessary information. Thanks :)

In general, for all UAE property developments, information given here is usually based on information supplied from press releases, media reports, company marketing, and may not be independently confirmed. Unit sizes are unlikely to be vastly different but layout and design could change. Actual completion date could be months or even years later than promised delivery dates.
Please use the forum for questions, not the PM system.
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