Al-Habtoor secures Esplanade contract

25 May 2008

Local contractor wins more Dubai real estate work

The local Al-Habtoor Engineering Enterprises has been awarded the AED1.55bn ($422m) contract to build the Esplanade development in Dubai.

Located in Al-Barsha behind Mall of the Emirates, the project involves the construction of five residential towers, two five-star hotels, one commercial tower, one tower featuring a health club and spa, a car park and a podium. Construction will start in June and completion is expected by June 2011.

Al-Habtoor STFA Soil Group has completed the excavation works. The consultant is La Casa Architectural Consultants is the consultant. The client is local developer Muzoon Holdings.

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