Work will begin this month with completion expected in June 2009. The contract is valued at AED48m ($13m).
The tower will feature penthouses and one-, two- and three-bedroom apartments. It will also feature health clubs, a gym and a swimming pool.
Dubai-based Damac Properties is the client.
The firm is developing a number of properties in the emirate and internationally, including a multibillion-dollar development in Gamsha Bay in Egypt. UK-based Halcrow completed the initial masterplan for the 30 square kilometre development and Damac is now in negotiations with a new international design team to expand the scope of the project (MEED 15:12:06).
You might also like...
European finance in place for Tunisia Bizerte bridge
29 March 2024
HZI takes on Dhafra waste energy EPC contract
29 March 2024
Policy designates Masdar, Adnoc as hydrogen coinvestors
29 March 2024
Waste energy projects find relevance
29 March 2024
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.