The bidders are Al-Shafar Transport & Contracting Company, ETA Ascon, both local, and Hong Kong-based CSHK with the local Engineering Contracting Company.
The package involves the construction of a basement and podium covering 60,000 square metres, with a built-up area of about 350,000 sq m. The structure will be mainly used for car park spaces, with some retail and commercial space in the podium. Low-rise residential towers will be built on top of the podium at a later date.
The Jumeirah Hills development will be built on the site of the existing Police Academy next to interchange 4 on Sheikh Zayed road.
A planned extension to Dubai Creek will pass through the development, before exiting into the Gulf close to the Madinat Jumeirah in Al-Sufouh.
The local System Construct recently began work on a sales centre opposite the site.
The consultant for the sales centre and phase one of construction will be the local La Casa.
Sama Dubai is also planning another major development in the area. It is inviting contractors to express interest in the dredging works on its Falcon island project, close to the Burj al-Arab hotel.
The island, which will look like a falcon when viewed from above, is expected to be a residential and tourism-based development.