Mubadala Development Company received bids in late March
Abu Dhabi government-owned investment firm Mubadala Development Company has has asked bidders to submit revised prices for the contract to build the Four Seasons hotel on Sowwah island.
Mubadala received bids from at least eight contractors on 31 March for the main construction package on the proposed hotel (MEED 8:4:11).
The planned five-star hotel will be a 144-metre high tower, with a gross floor area of about 100,000 square metres.
The 200-room hotel will contain restaurants, a swimming pool, spa, gym and conference centre. The development will also include 124 apartments and a 6,000 sq m retail area. In addition, the hotel will have 16,000 sq m of car parking space. The estimated duration of the construction work is 24 months.
Mubadala is also responsible for the development of the rest of Sowwah Island, located between Reem island and the port area of Abu Dhabi island.
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