KUALA LUMPUR: The One Tower commercial building along Sheikh Zayed Road in Dubai is inching past the 22nd floor as it climbs its way to the 47th floor. This iconic building is being built by Al Yasat Holdings LLC, one of the region’s leading real-estate developers.

“We are keen to accelerate the development of The One Tower as one of the key projects within TECOM C, the extension of Dubai Media City,” said Rashid Mohammed Almazroui, chairman of Al Yasat Holdings, in a report by Cityscape Intelligence on May 25.

“So far, we are on schedule to deliver this iconic structure and further raise the bar for office developments in Dubai.”

Costing AED550 million (RM502.48 million) to build, The One Tower is one of the key developments under Al Yasat Holdings’ portfolio of commercial and residential projects in Abu Dhabi and Dubai.

Once completed, the tower will feature more than 380,000 sq ft of office space, a business centre, more than 16,000 sq ft of showroom space, restaurants, a health club and a penthouse.

The project is designed to provide a 360-degree view of Dubai Media City and is the only commercial building connected to the TECOM C Metro Station via a footbridge.

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