Otis and Sobha AG真人官方ty Continue to Elevate Luxury Living in Dubai
Otis (NYSE: OTIS), the global leader in elevator manufacturing and services, has secured a contract to provide 76 advanced elevators for Sobha AG真人官方ty's Riverside Crescent project in Dubai. The installation includes 50 Otis Skyrise庐, 12 Otis Arise鈩�, and 14 Gen2庐 elevators.
The first phase encompasses 6 high-rise residential towers reaching 71 stories and 249 meters in height. The elevators will feature speeds up to 6 meters per second and will be equipped with EMS Panorama鈩� 2.0 for enhanced facility management. This project strengthens Otis's 50-year presence in the UAE and showcases their commitment to innovation in luxury residential developments.
Otis (NYSE: OTIS), leader mondiale nella produzione e nei servizi di ascensori, ha ottenuto un contratto per fornire 76 ascensori avanzati per il progetto Riverside Crescent di Sobha AG真人官方ty a Dubai. L'installazione comprende 50 Otis Skyrise庐, 12 Otis Arise鈩� e 14 Gen2庐 ascensori.
La prima fase include 6 torri residenziali di grande altezza, alte 71 piani e 249 metri. Gli ascensori raggiungeranno velocit脿 fino a 6 metri al secondo e saranno dotati di EMS Panorama鈩� 2.0 per una gestione migliorata degli impianti. Questo progetto rafforza la presenza di Otis negli Emirati Arabi Uniti da oltre 50 anni e dimostra il loro impegno per l'innovazione negli sviluppi residenziali di lusso.
Otis (NYSE: OTIS), l铆der mundial en fabricaci贸n y servicios de ascensores, ha asegurado un contrato para proveer 76 ascensores avanzados para el proyecto Riverside Crescent de Sobha AG真人官方ty en Dub谩i. La instalaci贸n incluye 50 Otis Skyrise庐, 12 Otis Arise鈩� y 14 Gen2庐 ascensores.
La primera fase comprende 6 torres residenciales de gran altura que alcanzan 71 pisos y 249 metros. Los ascensores tendr谩n velocidades de hasta 6 metros por segundo y estar谩n equipados con EMS Panorama鈩� 2.0 para una gesti贸n mejorada de las instalaciones. Este proyecto fortalece la presencia de Otis en los EAU durante 50 a帽os y demuestra su compromiso con la innovaci贸n en desarrollos residenciales de lujo.
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Otis (NYSE : OTIS), leader mondial dans la fabrication et les services d'ascenseurs, a obtenu un contrat pour fournir 76 ascenseurs avanc茅s pour le projet Riverside Crescent de Sobha AG真人官方ty 脿 Duba茂. L'installation comprend 50 Otis Skyrise庐, 12 Otis Arise鈩� et 14 Gen2庐 ascenseurs.
La premi猫re phase comprend 6 tours r茅sidentielles de grande hauteur atteignant 71 茅tages et 249 m猫tres. Les ascenseurs offriront des vitesses allant jusqu'脿 6 m猫tres par seconde et seront 茅quip茅s du syst猫me EMS Panorama鈩� 2.0 pour une gestion am茅lior茅e des installations. Ce projet renforce la pr茅sence de 50 ans d'Otis aux 脡mirats arabes unis et t茅moigne de leur engagement envers l'innovation dans les d茅veloppements r茅sidentiels de luxe.
Otis (NYSE: OTIS), der weltweit f眉hrende Hersteller und Dienstleister im Bereich Aufz眉ge, hat einen Vertrag zur Lieferung von 76 hochmodernen Aufz眉gen f眉r das Riverside Crescent-Projekt von Sobha AG真人官方ty in Dubai abgeschlossen. Die Installation umfasst 50 Otis Skyrise庐, 12 Otis Arise鈩� und 14 Gen2庐 础耻蹿锄眉驳别.
Die erste Phase umfasst 6 Hochhaus-Wohnt眉rme mit 71 Stockwerken und einer H枚he von 249 Metern. Die Aufz眉ge erreichen Geschwindigkeiten von bis zu 6 Metern pro Sekunde und sind mit EMS Panorama鈩� 2.0 f眉r ein verbessertes Geb盲udemanagement ausgestattet. Dieses Projekt st盲rkt Otis' 50-j盲hrige Pr盲senz in den VAE und unterstreicht das Engagement f眉r Innovationen im Bereich luxuri枚ser Wohnentwicklungen.
- Secured major contract for 76 elevators in luxury Dubai development
- Project showcases advanced technology with high-speed elevators (6m/s) and EMS Panorama 2.0
- Strengthens Otis's presence in UAE luxury market
- None.
Insights
Otis secured a significant contract for 76 elevator systems in Dubai's luxury Riverside Crescent project, demonstrating continued Middle East market strength.
This contract with Sobha AG真人官方ty represents a meaningful win for Otis in the premium Middle East construction market. The 76-elevator package includes a diverse product mix spanning Otis's portfolio: 50 high-rise Skyrise systems, 12 Arise elevators, and 14 Gen2 machine-roomless elevators. The deal's value lies not just in unit volume but in the high-specification nature of these installations, with speeds reaching 6 meters per second and integration of advanced EMS Panorama 2.0 monitoring technology.
This project aligns with Otis's service-oriented business model. While the initial installation represents new equipment sales, each unit will likely enter Otis's service portfolio鈥攏ow 2.4 million units strong鈥攑roviding recurring revenue over decades. The UAE has been a strategic market for Otis for over 50 years, and this partnership with a premium developer reinforces the company's position in luxury high-rise developments.
The 6-tower development, reaching 249 meters in height, demonstrates Otis's continued competitiveness in the ultra-high-rise segment where safety requirements and technical specifications are most demanding. The contract indicates Otis maintains strong positioning in the premium construction sector despite competitive pressures in the global elevator market.
Otis will install advanced elevator systems including 50 Otis Skyrise庐, 12 Otis Arise鈩� and 14 machine-roomless Otis Gen2庐 elevators to enhance the living experience for tenants.
Located in Sobha Hartland II, the project will redefine luxury living in
Within the first phase of the project, which features 6 high-rise residential towers reaching 71 stories and 249 meters in height, the elevators will move at speeds up to 6 m/second and come equipped with EMS Panorama鈩� 2.0, providing a new dimension of control and visibility for facility teams to monitor and manage operation-critical functions.
Varughese Mathew, Chief Operating Officer of Sobha said: "At Sobha AG真人官方ty, we always prioritise safety and quality in every aspect of project development. At Riverside Crescent, we want to ensure safe, smooth and efficient vertical mobility for all our residents and visitors. Our collaboration with Otis reflects a shared commitment to innovation and reliability, which helps us achieve our goals and meet our high standards."
Jo茫o Penedo, Otis Senior Vice President for Iberia,
About Sobha AG真人官方ty
Headquartered in
About Otis
Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide 鈥� the industry's largest Service portfolio. You'll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in
Media Contacts:聽
Otis: 陌pek Aky谋ld谋z: [email protected]
Sobha AG真人官方ty:聽[email protected]
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