Local property developer Meydan Group has invited contractors to bid by 6 July for the contract to build its Entisar tower project in Dubai.
Meydan first released details of the project in 2012. The plans involve building a 100-storey tower that will include serviced apartments, shops, swimming pools and garden areas. If the scheme goes ahead, it will be built on Sheikh Zayed Road, next to the existing Fairmont hotel.
The architect for the tower is US-based Ae7.
Developers in Dubai have started planning high-rise projects again as confidence returns to the emirates property sector.
Another 100-storey tower is being planned by Dubai Multi Commodities Centre (DMCC) for the Jumeirah Lake Towers area. Known as Burj 2020, the construction of the tower is expected to start in 2015.
Earlier this year, the local Al-Qabdah Building Contracting started work on an estimated $190m contract to build a 106-storey residential tower in Dubai Marina.
The main contract was awarded in December last year, and is the first construction deal for a 100-storey-plus tower to be awarded in Dubai for more than six years.
The local Middle East Foundations is completing the shoring and piling works before work on the main construction contract can start. The local National Engineering Bureau (NEB) is the consultant. The client is the local GGICO Properties.
The 77-storey tower will be 369 metres tall and will comprise more than 22,000 square metres (sq m) of office space on 18 floors and 908 sq m of retail space. It will also include a 350-room hotel, 83 serviced apartments and 180 standard apartments.