Al-Basti & Muktha stopped work in January 2009
Dubai Properties Group has renewed its agreement with the local Al-Basti & Muktha (ABM) to complete construction work on the Al-Khor Hotel and Residences project at Dubai Healthcare City (DHCC).
ABM halted construction on two mixed-use towers in January 2009 after the client, Tatweer – which is now part of Dubai Properties Group, instructed the contractor to stop work (MEED 11:1:09).
ABM was awarded the estimated AED850m ($231m) contract to build the towers in 2007.
The project has two towers, a 34-floor hotel with 444 rooms and a 43-floor apartment building with 405 serviced apartments. The podium will have six restaurants, a spa, gym, swimming pools and a 1,142 space car park.
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.