Otis and Sobha Realty 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 Realty's Riverside Crescent project in Dubai. The installation includes 50 Otis Skyrise®, 12 Otis Arise™, and 14 Gen2® 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™ 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 Realty a Dubai. L'installazione comprende 50 Otis Skyrise®, 12 Otis Arise™ e 14 Gen2® ascensori.
La prima fase include 6 torri residenziali di grande altezza, alte 71 piani e 249 metri. Gli ascensori raggiungeranno velocità fino a 6 metri al secondo e saranno dotati di EMS Panorama™ 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), líder mundial en fabricación y servicios de ascensores, ha asegurado un contrato para proveer 76 ascensores avanzados para el proyecto Riverside Crescent de Sobha Realty en Dubái. La instalación incluye 50 Otis Skyrise®, 12 Otis Arise™ y 14 Gen2® ascensores.
La primera fase comprende 6 torres residenciales de gran altura que alcanzan 71 pisos y 249 metros. Los ascensores tendrán velocidades de hasta 6 metros por segundo y estarán equipados con EMS Panorama™ 2.0 para una gestión mejorada de las instalaciones. Este proyecto fortalece la presencia de Otis en los EAU durante 50 años y demuestra su compromiso con la innovación en desarrollos residenciales de lujo.
Otis (NYSE: OTIS)는 엘리베이터 제조 및 서비스 분야의 글로벌 선두주자로서 두바이의 Sobha Realty Riverside Crescent 프로젝트에 76대의 첨단 엘리베이터를 공급하는 계약을 체결했습니다. 설치되는 엘리베이터는 50대의 Otis Skyrise®, 12대의 Otis Arise™, 14대의 Gen2®입니다.
첫 번째 단계는 71층, 높이 249미터에 이르는 6개의 고층 주거 타워를 포함합니다. 엘리베이터는 최대 초당 6미터의 속도를 제공하며, 향상된 시설 관리를 위해 EMS Panorama™ 2.0이 장착됩니다. 이 프로젝트는 UAE에서 50년간 이어온 Otis의 입지를 강화하고 고급 주거 개발에 대한 혁신 의지를 보여줍니다.
Otis (NYSE : OTIS), leader mondial dans la fabrication et les services d'ascenseurs, a obtenu un contrat pour fournir 76 ascenseurs avancés pour le projet Riverside Crescent de Sobha Realty à Dubaï. L'installation comprend 50 Otis Skyrise®, 12 Otis Arise™ et 14 Gen2® ascenseurs.
La première phase comprend 6 tours résidentielles de grande hauteur atteignant 71 étages et 249 mètres. Les ascenseurs offriront des vitesses allant jusqu'à 6 mètres par seconde et seront équipés du système EMS Panorama™ 2.0 pour une gestion améliorée des installations. Ce projet renforce la présence de 50 ans d'Otis aux Émirats arabes unis et témoigne de leur engagement envers l'innovation dans les développements résidentiels de luxe.
Otis (NYSE: OTIS), der weltweit führende Hersteller und Dienstleister im Bereich Aufzüge, hat einen Vertrag zur Lieferung von 76 hochmodernen Aufzügen für das Riverside Crescent-Projekt von Sobha Realty in Dubai abgeschlossen. Die Installation umfasst 50 Otis Skyrise®, 12 Otis Arise™ und 14 Gen2® Aufzüge.
Die erste Phase umfasst 6 Hochhaus-Wohntürme mit 71 Stockwerken und einer Höhe von 249 Metern. Die Aufzüge erreichen Geschwindigkeiten von bis zu 6 Metern pro Sekunde und sind mit EMS Panorama™ 2.0 für ein verbessertes Gebäudemanagement ausgestattet. Dieses Projekt stärkt Otis' 50-jährige Präsenz in den VAE und unterstreicht das Engagement für Innovationen im Bereich luxuriöser 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 Realty 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—now 2.4 million units strong—providing 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®, 12 Otis Arise™ and 14 machine-roomless Otis Gen2® 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™ 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 Realty, 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."
João Penedo, Otis Senior Vice President for Iberia,
About Sobha Realty
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 – 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:
Otis: İpek Akyıldız: ipek.akyildiz@otis.com
Sobha Realty: hello@sobharealty.com
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SOURCE Otis Worldwide Corporation
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