Special Features
The Octavian by Omniyat
Omniyat Properties has announced the launch of its eighth project in Dubai, a majestic 19-storey modern office twin tower located in Business Bay, the city’s prestigious downtown business hub.The AED 1.2 billion (USD 327 million) Octavian is Omniyat’s first project to be launched in 2008, and is one of eight developments that will quadruple the value of Omniyat’s Dubai property portfolio to AED 21 billion (USD 6 billion) in 2008.
Another ‘intelligent’ development boasting Omniyat Properties’ signature futuristic technologies, the Octavian is named after Galius Julius Caesar Octavianus, the reforming first emperor of Rome and the man behind some of the Eternal City’s most significant and lasting developments.
“Emperor Octavianus is remembered for his inspirational and dynamic approaches to development, qualities that we believe are reflected in the Octavian’s unique structure, which is a modern interpretation of a three-dimensional ornament,” explained Medhi Amjad President & CEO, Omniyat Properties.
The Octavian, which has been approved by RERA, the Real Estate Regulatory Authority in Dubai, is a joint venture with Investate, a real estate investment company based in Bahrain in which Omniyat Holdings owns a 40 % stake. Investate, through its investor base which includes the Who’s Who of Gulf investors, has contributed 50 per cent of the equity of the project.
Prior to its public launch, 13 floors of the Octavian’s 19 floors were sold in just two days.
A value-add of the location is its proximity to the Dubai International Financial Centre and Dubai International Convention and Exhibition Centre.
The Octavian is designed by Kling Consult, a world-renowned market leader in German engineering for more than 50 years. It will be built alongside a new extension of the historic Dubai Creek, close to the monumental Burj Dubai, which is set to be the world’s tallest building. Enabling work will start in the third quarter of this year with completion scheduled for the first quarter of 2011.
With water views on one side and views of Burj Dubai on the other, the Octavian will be an inspiring work environment.
The Octavian has a unique form of two almost-transparent towers connected by a black centrepiece designed to sparkle in the sunlight, simultaneously emanating strength and lightness.
The finest materials have been selected for the building’s interiors including granite stone and marble with a blend of terrazzo. Ingeniously laid stone walls have been included to deliver an aura of stateliness complemented by stunning and strategically placed lighting and landscaping which includes well-kept lawns and a shaded courtyard.
The Octavian has a total Gross Floor Area of 580,000 square feet and will benefit from Omniyat Properties’ proprietary unique OYSTER office management concept, which has been designed to deliver offices yielding superior targets through efficiency and relaxation.
The project continues Omniyat’s tradition of high-tech buildings and will include a lot of new technology features for the first time. These include: Virtual Receptionist; Virtual Banker; digital signage for advertising, information, entertainment and art; Virtual Presence (Telepresence tele-conferencing); easy access for visitors through distribution of access permission barcode; Car Park Management System; Mobile Concierge and Mobility Portal; Mobile Facilities Management; Visitor Tracking System; Push Advertising; Interactive Newspaper Booth; and many others.
Both towers of the Octavian have three podiums and four basement parking levels with 1,250 bays and high levels of security as part of the overarching Omniyat Facility/Property Management experience.
The building’s ground floor will be alive with around 60,000 square feet allocated for retail space including shops, restaurants and other outlets.
