Contractors submit bids for Zabeel One project in Dubai

27 August 2008
At least three contractors have submitted bids for the estimated AED3bn ($817m) contract to build the Zabeel One project in Dubai.

The bidders include the local Al-Shafar General Contracting, Lebanon's Arabian Construction Company (ACC) and Hong Kong-based CSHK.

The project, opposite the World Trade Centre, involves the construction of at least three interconnected towers comprised of offices, a five-star hotel, serviced apartments, residential units and shops.

The total built-up area is about 270,000-square-metres. US-based Burt Hill is the architect. Local developer Deyaar is managing and developing the project on behalf of the client, Investment Corporation of Dubai (MEED 10:7:08).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.