Oasis Tower 1 was announced in 2008 but construction was stalled after the real estate market declined in late 2008 and early 2009.
Construction on site is now underway (Nov 2014 update). The project will have 15 floors of residential, 2 basement parking and have a total of 232 apartments.
Project Completion Status (as per DLD): 85.13% (as of May 31, 2017)
Dubai Land Classification & Escrow Account Details:
Land Number: 39
Project Number: 501
Real Estate Developer: BRIGHTON HOLDINGS LIMITED
Trust Account Number: 558582159001
Account Trustee Name: ABU DHABI COMMERCIAL BANK
RERA Permit No : 15128
Brokerage Firm: Taktical Realty Group LLC