Dubai: Iris on Sunday revealed a Dh2.5 billion residential development called Iris Mist located in Dubai Maritime City.

Designed by WS Atkins, the 200-metre Iris Mist tower will be the first development in this region to be shaped like patterned sea waves.

The tower's facade will be built in layers of white pre-cast, aluminium and glass of varying colour and texture.

When complete, the freehold development will offer 54 residential floors of 355 luxury apartments comprising of one, two and three bedroom units, six retail outlets and 28 units of office space.

Ashwin Sheth, chief executive of Iris and managing director of Sheth Estate, said, "With this launch we reconfirm our keenness to meet and exceed the expectations of individuals and investors wishing to buy unique properties at competitive prices within a mixed-use city."

The development will have a built-up area of 850,000 square feet.

Due to be handed over by July 2011, the tower will be a 'green building'. Its design concept includes facilities to reduce use of non-renewable resources.

It cuts pollutants and maximises opportunities for passive ventilation and cooling.