KONE to equip a luxury dual-tower in Dubai

Press Release Published 09/23/2019

KONE Corporation, press release, September 23,2019

KONECorporation, a global leader in the elevator and escalatorindustry, has won an order to deliver 25 elevators to the AddressHarbour Point, a high-end dual tower development in Dubai, UnitedArab Emirates. The towers are part of The Dubai Creek HarbourCommunity and will host serviced residences and a five star hotel.The Community is expected to house up to 200,000 residents.

Located in the Northern cape of Creek Island Dubai, Address HarbourPoint is in close proximity to Dubai's Creek Marina and downtownDubai. The towers are 212m and 255m in height, and the residentswill have direct views to the Dubai Creek Tower observation towerthat is currently being built.

For smooth and safe flow of residents and guests, KONE willdeliver 11 KONE 3000S MonoSpace® elevators and 14 KONE MiniSpace™elevators. Additionally, the building will be equipped with KONEE-Link™, a facility management tool designed to secure the bestpossible tenant service quality in the building.

"Dubai is getting ready to host up to 25 million visitors ahead ofthe 2020 World Expo. Address Harbour represents one of the newluxury developments in Dubai's residential market and we lookforward to adding value to this high-end property with ourfirst-class people flow solutions," said Pierre Liautaud, ExecutiveVice President for KONE South Europe, Middle East and Africa.

Address Harbour Point is developed by Emaar Properties PJSC and itis scheduled for completion in 2021.

KONE booked the order in the second quarter of 2019.

For further information, please contact:
Hanna Rutanen, Director, External Communication, tel. +358 415071361, media@kone.com

Read more

Previous press releases are available athttp://www.kone.com/en/news-and-insights/releases/ including:

March 12, 2019: KONE to equip Reem Mall in Abu Dhabi, United ArabEmirates
December 5, 2018: KONE to equip World Expo 2020 Dubai key venues:Thematic Districts and Al Wasl Plaza
May 7, 2018: KONE to equip Dubai Hills Mall in the United ArabEmirates
January 10, 2018: KONE wins order for WOW hotel apartments tower inDubai

About KONE

At KONE, our mission is to improve the flow of urban life. As aglobal leader in the elevator and escalator industry, KONE provideselevators, escalators and automatic building doors, as well assolutions for maintenance and modernization to add value tobuildings throughout their life cycle. Through more effectivePeople Flow®, we make people's journeys safe, convenient andreliable, in taller, smarter buildings. In 2018, KONE had annualnet sales of EUR 9.1 billion, and at the end of the year over57,000 employees. KONE class B shares are listed on the NasdaqHelsinki Ltd. in Finland.

www.kone.com

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