Selected major tourism projects across the GCC:

Bahrain

  • PROJECT: Lulu Tourism Company Reef Island Development (infrastructure and buildings)

  • VALUE OF PROJECT: $900m ($100m + $800m)

  • CLIENT: Lulu Tourism Company

  • CONTRACTS AWARDED: Ahmed Mansoor Al A’ali (infrastructure), Al Hamad Contracting (buildings)

The government of Bahrain has joined forces with private investors to create Lulu Tourism Company. Its flagship project is Reef Island – formerly Lulu Island – a 740,000 sq metre artificial island north of Manama. It is a mixed-use leisure and residential project, with a hotel, marina and yacht club.

Infrastructure is due for completion this year, with construction of buildings scheduled for June next year. Phase one will see Al Hamad Contracting build eight apartments and 63 villas early next year, with 51 villas and 31 apartment buildings added under phase two. Al Hamad Contracting will also build the 250-room hotel and yacht club.

Kuwait

  • PROJECT: Failaka Island Resort

  • VALUE: $3,330m

  • CLIENT: Mega Projects Agency

  • RELATED PROJECT: Ikaros Tourist Resort, Failaka South

  • HEADLINE VALUE OF PROJECT: $140m

  • CLIENT: Al Mar Real Estate Company

In 2003, the government of Kuwait decided to turn Failaka Island, 20km off the coast of Kuwait City into a tourism destination. Progress on the project has been slow and an investigation by the state audit bureau into construction contract awards in Kuwait led to the scheme being delayed indefinitely. A recent overhaul of the state’s build operate transfer law is intended to kickstart the project for which three consortia have bid for the BOT contract.

Meanwhile the government-owned Touristic Enterprises Company (TEC) is developing the southern area of the island as a resort, named Ikaros, in honour of the island’s Greek connections dating back to 2300 BC. TEC has awarded a 20-year BOT concession to a consortium fronted by Al Mal Real Estate Company.

Oman

  • PROJECT: Yenkit Tourism Development

  • VALUE: $2bn

  • CLIENT: Majid Al Futtaim Group and Yenkit Tourism Development (Omani investors)

At $2bn, Yenkit Tourism Development rivals the Wave as Oman’s largest tourism project. The development is a joint venture between Dubai’s Majid Al Futtaim Group and Omani investors. It will create a five-star tourism complex, with four hotels over 950ha along the coast, 20km south-east of the Omani capital in Muscat.

Qatar

  • PROJECT: Pearl Islands, Four Seasons Hotels and Resorts (UDC)

  • VALUE: $2.5bn (Pearl total), $150m (Four Seasons Hotel)

  • CLIENT: United Development Co

The Pearl is a man-made island north of Doha, linked to the mainland by a bridge. The island covers 3.25 million sq metres, and will allow non-Qataris to invest in land and to build homes based on 30 pre-approved designs. Buyers will hold residential permits and the development comes with a range of incentives. Due for completion in 2011 and valued at an estimated $2.5bn on completion, The Pearl will have three five-star hotels, three marinas with mooring for 700 boats.

Saudi Arabia

  • PROJECT: Emaar: King Abdullah Economic City, Waterside Resort

  • VALUE: $4bn

  • CLIENT: Emaar, The Economic City

Waterside Resort is one of six projects attached to King Abdullah Economic City, the $27bn project being developed by Emaar outside Rabigh near Jeddah on the Red Sea coast. The Resort District is a mixed development of seafront hotels and boutique residences, covering a built-up area of 3.5 million sq metres. Project co-ordinator is Saudi Arabian General Investment Authority (Sagia) main contractor is Saudi Binladen with Jurong International providing consulting services.

UAE – Dubai

  • PROJECT: Dubailand

  • VALUE: $64bn

  • CLIENT: Tatweer

Dubailand is the GCC’s largest tourism project, its overall investment value estimated at $64bn on opening in 2016. Ultimately, Dubailand will deliver 51 hotels, bringing 60,000 rooms to Dubai. Several projects fall under the Dubailand umbrella.

The main project is Tatweer’s Bawadi Dubailand, a cluster of 31 hotels and 100 theatres for live cultural shows. The development is central to Dubai’s plans to attract 15 million tourists by 2010. It includes the Bawadi Mall, part-financed by Emirates Bank, due for completion this year. Of these confirmed hotels, Tatweer will develop 12 themed properties, for an estimated $8.175bn plus $2.725bn for infrastructure. These will deliver 12,450 rooms. Independent investors will develop 19 hotels, providing 16,750 rooms.

One of the biggest projects is Universal City, a joint venture between Tatweer and Hollywood’s Universal Studios due for completion in 2010. At the centre of this $2.200bn venture is an 18-ride theme park based on movies such as King Kong and Jurassic Park. It will be developed, in several phases, on a 6.5 million sq ft site.

UAE: Abu Dhabi

  • PROJECT: Yas Island

  • HEADLINE VALUE OF PROJECT: $39.65bn ($39.5bn + $150m)

  • CLIENT: Aldar Properties

Scheduled for completion in 2014, Yas Island comprises 32km of beachfront land being developed by Aldar Properties for mixed use, including hotels, leisure, shopping and entertainment centres, golf courses, motor racing and nature reserves. Phase one includes two marinas, two four-star hotels, adding 600 rooms by autumn 2009 and a 500-room luxury Movenpick hotel due to open in 2010. One of its most prestigious draws will be the $150 million Ferrari World theme park, complete with full-sized Grand Prix circuit, which will host the Formula One Championship in 2009. Yas Island will also house a Warner Brothers theme park and water park and the first Links golf course in the UAE, built to championship standards.

Table: All tourism-related projects in the GCC

Client Country Project Name Value ($m) Project Start Project End Status
Abu Dhabi Investment House (ADIH) Bahrain Abu Dhabi Investment/Sourouh Investments – Al Areen Desert Spa & Resort – Sunset Hills 100 Q2 2007 Q2 2009 Main Contract Award
Al Areen Holding Company Bahrain GFH – Al Areen Desert Spa & Resort – Residential Village 150 Q2 2006 Q4 2008 Main Contract Award
Arcapita (Formerly First Islamic Investment Bank) Bahrain Arcapita – Bahrain Bay (Phase II) – Hotel 150 Q3 2008 Q1 2011 Planned
Durrat Khaleej Al Bahrain Company Bahrain Durrat Khaleej Al-Bahrain Resort – Infrastructure 500 Q4 2006 Q4 2010 ITB Released
Durrat Khaleej Al Bahrain Company Bahrain Durrat Khaleej Al-Bahrain Resort – Villas 500 Q4 2006 Q4 2010 ITB Released
Lulu Tourism Company Bahrain Lulu Tourism Company – Reef Island Development (Buildings) 800 Q2 2007 Q2 2009 Main Contract Award
Lulu Tourism Company Bahrain Lulu Tourism Company – Reef Island Development (Infrastructure) 100 Q3 2006 Q2 2008 Main Contract Award
National Hotels Company (NHC) Bahrain NHC – Diplomat Commercial Tower 70 Q1 2008 Q3 2010 Main Contract Award
Ossis Property Developers Bahrain Ossis – Fanar Beach Resort 130 Q4 2005 Q1 2010 ITB Released
Rasmal Holding Company Bahrain Mena Real Estate Company – Al Areen Desert Spa & Resort – Sarab al-Areen Mixed-Use Development 300 Q3 2008 Q4 2010 Planned
Sama Properties Bahrain Sama Properties – Salam Beach Resort & Spa 550 Q4 2007 Q1 2009 Main Contract Award
Al-Emad Real Estate Company Kuwait Al-Emad Real Estate – Bukhamseen Hotel & Tower 170 Q4 2007 Q1 2010 Main Contract Award
Al-Mal Real Estate Company Kuwait TEC – Ikaros Tourist Resort (Failaka South) 140 Q4 2008 Q4 2010 Planned
Kipco Asset Management Company (Kamco) Kuwait Kamco – Subiya Seafront Resort 250 On Hold
Kuwait – Ministry of Public Works (MPW) Kuwait MPW – Failaka Island Resort 3,330 Q2 2008 Q4 2011 ITB Released
United Projects Company Kuwait United Projects Company – 4-Star Hotel 50 Q3 2008 Q1 2011 Planned
Majan Gulf Properties Oman Majan Gulf Properties – Khasab Resort 780 Q3 2008 Q1 2012 Planned
Majid al-Futtaim Group of Companies (MAF) Oman Yenkit Tourism Development – Integrated Tourism Complex 2,000 Q3 2008 Q4 2011 Planned
Muriya Oman Muriya – Resorts 850 Q3 2008 Q4 2012 Planned
Omagine Inc (formerly Alfa International Holdings Corporation) Oman Alfa – Journey of Light Beach Resort 950 Q2 2007 Q2 2011 Main Contract Award
Oman – Ministry of Tourism Oman Ministry of Tourism – Seeb Complex 100 Q4 2007 Q3 2009 Planned
Oman – Ministry of Tourism Oman Zubair/ Tourism Ministry – Barr al-Jissah Residential Complex 50 Q2 2007 Q4 2008 Main Contract Award
Oman Tourism Development Company (Omran) Oman Oman Tourism Development Company (Omran) – Asian Beach Games Project 180 Q3 2008 Q2 2010 Planned
Oman Tourism Development Company (Omran) Oman Oman Tourism Development Company (Omran) – Duqm Hotel 80 Q3 2008 Q1 2010 Planned
Oman Tourism Development Company (Omran) Oman Omran – Fort Hotel Resort 300 Q4 2008 Q4 2010 Planned
Oman Tourism Development Company (Omran) Oman Omran – Jabal Al Akhdar Resort Hotel 150 Q2 2009 Q2 2011 Planned
Oman Tourism Development Company (Omran) Oman Omran – Oman Convention and Exhibition Centre 400 Q2 2009 Q2 2011 Planned
Oman Tourism Development Company (Omran) Oman Omran – Ras Al Hamra Resort & Retreat 700 Q2 2008 Q1 2011 Planned
Oman Tourism Development Company (Omran) Oman Omran / Qatari Diar Real Estate Investment Company – Ras Al-Hadd Resort 220 Q3 2008 Q2 2012 Planned
Oman Tourism Development Company (Omran) Oman Sama Dubai – Yiti Resort & Spa (Yiti) 1,400 Q3 2008 Q4 2010 Planned
Swiss-Belhotel International Oman Swiss-Belhotel International / HBG Holdings Ltd – Swiss-Belhotel Al Qurum 200 Q4 2008 Q4 2010 Planned
Waterfront Investments Oman The Wave Tourism Development 2,000 Q3 2006 Q1 2015 Phase 1 under construction
World In Oman World In / Bolici Group – Hayoot Beach Resort 350 Q4 2008 Q4 2010 Planned
Al Rayyan Tourism Investment Company Qatar Al Rayyan Tourism Investment Company – Doha City Centre Expansion 250 Q3 2004 Q4 2008 Main Contract Award
E Emar Development & Real Estate Investment Company Qatar E Emar Development & Real Estate Investment Company – Aspire Zone Hotel 80 Q1 2008 Q3 2009 Main Contract Award
First Qatar Real Estate Development Company Qatar First Qatar Real Estate Development Company – Pearl Qatar – Residential Tower 75 Q4 2006 Q3 2008 Main Contract Award
General Retirement and Pension Authority Qatar General Retirement and Pension Authority – Pearl Qatar Towers 125 Q3 2008 Q1 2010 Planned
J&A Jaidah Holdings Qatar J&A Jaidah Holdings – W Doha Hotel & Residences 80 Q2 2006 Q2 2008 Main Contract Award
Qatar National Hotels Company (QNHC) Qatar QNHC – Lusail Twin Towers 500 Q3 2009 Q3 2012 Planned
The Land International Investment & Real Estate Development Company Qatar The Land International Investment & Real Estate Development – Pearl Qatar Residential Towers 550 Q1 2006 Q1 2009 ITB Released
Touristic Investment Company Qatar Touristic Investment Company – Grand Hyatt Hotel and Villas 150 Q2 2006 Q3 2008 Main Contract Award
United Development Company (UDC) Qatar UDC – Pearl Island – Viva Bahriya Marina District 206 Q1 2008 Q1 2010 ITB Released
United Development Company (UDC) Qatar UDC – Pearl Islands – Four Seasons Hotels and Resorts 150 Q3 2008 Q3 2010 Planned
United Development Company (UDC) Qatar UDC – Pearl Islands – Four Seasons Hotels and Resorts 150 Q3 2008 Q3 2010 Planned
United Development Company (UDC) Qatar UDC – The Pearl – Infrastructure Works 420 Q1 2006 Q3 2008 Main Contract Award
Abdul Latif Jameel Real Estate Investment Company Saudi Arabia Abdul Latif Jameel – Mecca 4-Star Hotel 130 Q2 2007 Q3 2010 Main Contract Award
Assaudia Real Estate Development Saudi Arabia Assaudia Real Estate Development – The Pearl of the Red Sea 300 Q4 2008 Q1 2011 Planned
Emaar, The Economic City Saudi Arabia Emaar – King Abdullah Economic City – Residential Districts – Red Sea Village District – Residential 275 Q2 2007 Q4 2008 Main Contract Award
Emaar, The Economic City Saudi Arabia Emaar – King Abdullah Economic City – Residential/Resort Districts – Residential Bldgs & Villas 145 Q2 2007 Q3 2008 Main Contract Award
Emaar, The Economic City Saudi Arabia Emaar – King Abdullah Economic City – Waterside Resort 4,000 Q3 2008 Q4 2012 Planned
General Organisation for Social Insurance (GOSI) Saudi Arabia GOSI – Medina Hotels 55 Q4 2007 Q4 2010 Main Contract Award
Grand Real Estate Projects (GREP) Saudi Arabia GREP – Riyadh Tourism Development 1,100 Q4 2008 Q4 2012 Planned
Mohammad Al-Issa & Sons Saudi Arabia Mohammad Al-Issa & Sons – Kempinski Hotel 150 Q3 2008 Q4 2010 Planned
Aakar Marjan Island Free Zone LLC UAE Aakar Marjan Island – Hotel & Residential Complex 163 Q4 2008 Q4 2010 Planned
Abdullah Al Futtaim Group UAE Abdullah al-Futtaim – Dubai Festival City – Retail Centre/ Intercontinental Hotel/ Hotel/ High Rise 330 Q3 2006 Q2 2010 Main Contract Award
Abu Dhabi National Hotels (ADNH) UAE ADNH – Gulf Hotel 272 Q3 2007 Q1 2010 Main Contract Award
Abu Dhabi National Hotels (ADNH) UAE ADNH – Saadiyat Island Hotel 190 Q4 2008 Q4 2010 ITB Released
Ajman Government UAE Al Zawra Tourist Development Project 900 Q1 2009 Q4 2011 Planned
Al Fardan Group UAE Al Fardan – Palm Island Hotel Resort 50 Q2 2008 Q1 2010 ITB Released
Al Fattan Properties UAE Al-Fattan Properties – Al Fattan Resort (Palm Jumeirah) 245 Q1 2007 Q1 2009 Main Contract Award
Al Habtoor Engineering Enterprises UAE Al-Habtoor Group – Al-Habtoor Resort (Palm Jumeirah) 136 Q3 2008 Q1 2010 ITB Released
Al Mada Tourism Investment Company UAE Al Mada – Park Rotana Mixed-Use Development 200 Q1 2007 Q3 2009 Main Contract Award
Al Madar Group UAE Al Madar – Siraj Tower (Dubailand) 81 Q4 2008 Q2 2010 Planned
Al Mazaya Real Estate UAE Al Mazaya – Queue Point (Dubailand) 544 Q3 2007 Q4 2009 ITB Released
Al Mazaya Real Estate UAE Al Mazaya – The Villa (Dubailand) 272 Q3 2007 Q1 2009 Main Contract Award
Al Mazaya Real Estate UAE Mazaya Holding – Al Liwan (Dubailand) 340 Q4 2006 Q4 2010 ITB Released
Al Osaimi Group UAE Al Osaimi Group – Luxury Resort, Spa & Residence (Palm Jumeirah) 409 Q3 2008 Q4 2010 Planned
Al Sharq Group UAE Al Sharq Group – Lighthouse Hotel & Residence 100 Q3 2008 Q1 2010 Planned
Al-Aziziah United Real Estate Investment Company UAE Al-Aziziah – Crescent Hotel (Palm Jumeirah) 200 Q4 2007 Q3 2009 Main Contract Award
Aldar Properties UAE Aldar – Al Gurm Resort 250 Q4 2006 Q2 2009 Main Contract Award
Aldar Properties UAE Aldar – Al Gurm Resort – Hotel 100 Q2 2008 Q3 2009 ITB Released
Aldar Properties UAE Aldar – Al Gurm Resort – Marine Works 50 Q4 2005 Q1 2008 Project Complete
Aldar Properties UAE Aldar – Ferrari Theme Park (Yas Island) 150 Q2 2008 Q1 2010 ITB Released
Aldar Properties UAE Aldar – Yas Island Development 39,500 Q4 2006 Q4 2014 ITB Released
Aldar Properties UAE Aldar/ NCTH – Coconut Island 700 Q4 2008 Q1 2011 Planned
Al-Seef Investment UAE Al-Seef Investment – Connection Tower (Dubailand) 50 Q2 2008 Q4 2009 ITB Released
Al-Suwaidani Group UAE Al-Suwaidani Group – Western City (Dubailand) 200 Q2 2008 Q1 2011 ITB Released
Aqua Dunya LLC UAE Aqua Dunya (Dubailand) 1,900 Q4 2008 Q3 2010 Planned
Aviation Club UAE Aviation Club/ Dubai Duty Free – Hotel 110 Q4 2006 Q1 2009 Main Contract Award
Beacon Education UAE Beacon Education – Flagship School (Dubailand) 220 Q1 2009 Q4 2010 Planned
Belbadi Enterprises UAE TDIC/ Belbadi – Al-Bateen Wharf 435 Q1 2009 Q4 2010 Planned
Bin Omeir Holding UAE Bin Omeir Holding/ Al Rayyan Investment Company – Mussafah ICAD Labourers City 1,000 Q4 2007 Q1 2010 ITB Released
Bin Salem Group UAE TDIC/ Bin Salem – Grand Corniche Hotel 177 Q3 2008 Q2 2010 Planned
Capital Plus Holding Company UAE Capital Plus Holding – Media Hotel (DSC) 272 Q2 2008 Q4 2009 ITB Released
Cinnovation Group UAE Cinnovation Group – Space Hotel 54 Q1 2009 Q4 2010 Planned
Damac Properties UAE Damac Properties – Lincoln Park (Arjan) (Dubailand) 272 Q1 2009 Q4 2010 Planned
Damac Properties UAE Damac Properties – Madison Residence (Majan) (Dubailand) 100 Q4 2008 Q2 2010 Planned
Damac Properties UAE Damac Properties – The Cyclades (Arjan) (Dubailand) 300 Q2 2008 Q4 2009 Planned
Desert Home UAE Desert Home – Crystal Lane (Arjan) (Dubailand) 50 Q4 2008 Q2 2010 Planned
Dubai International Financial Centre (DIFC) UAE Union Properties – Ritz Carlton DIFC Hotel 185 Q1 2006 Q4 2008 Main Contract Award
Dubai Municipality UAE Dubai Municipality – Dubai Zoo (Phase I) (Dubailand) 136 Q2 2009 Q4 2011 Planned
Dubai Properties UAE Dubai Properties – Aspect Tower & Business Bay Hotel (Business Bay) 200 Q4 2005 Q4 2008 Main Contract Award
Dubai Properties UAE Dubai Properties – Mudon (Dubailand) 15,000 Q4 2007 Q2 2012 ITB Released
Dubai Properties UAE Dubai Properties – Tijara Town (Dubailand) 1,635 Q1 2008 Q2 2009 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE 32Group – Dubai Snow Dome (Dubailand) 770 Q2 2009 Q2 2011 Planned
Dubai Tourism Projects Development Company (DTPDC) UAE Abwab Real Estate – Al Barari – Villas 140 Q4 2006 Q4 2008 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Abwab Real Estate – Al Barari (Dubailand) 1,800 Q3 2006 Q3 2009 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Academies 150 Q3 2006 Q2 2008 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Cricket Stadium (S3) 85 Q1 2006 Q4 2007 Project Complete
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Hockey Stadium 150 Q1 2007 Q3 2008 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Multi-Purpose Indoor Arena and Extreme Sports Dome 150 Q1 2007 Q2 2009 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Multi-Purpose Stadium 250 Q1 2007 Q4 2009 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City – Shopping Mall 100 Q2 2008 Q4 2009 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Dubai Sports City (Dubailand) 2,500 Q3 2005 Q1 2009 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Gulf Finance House – Dubai Legends (Basic Infrastructure) (Dubailand) 300 Q2 2008 Q2 2010 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Gulf Finance House – Legends of Arabia Theme Park (Dubailand) 100 Q4 2008 Q4 2010 Planned
Dubai Tourism Projects Development Company (DTPDC) UAE Gulf Finance House – Legends of Nature Theme Park (Dubailand) 250 Q3 2009 Q4 2013 Planned
Dubai Tourism Projects Development Company (DTPDC) UAE Gulf Finance House – Legends of the World Theme Park (Dubailand) 250 Q4 2011 Q4 2015 Planned
Dubai Tourism Projects Development Company (DTPDC) UAE I&M Galadari Group – Restless Planet (City of Arabia) (Dubailand) 250 Q2 2007 Q4 2010 Main Contract Award
Dubai Tourism Projects Development Company (DTPDC) UAE I&M Galadari Group – Wadi Walk (City of Arabia) (Dubailand) 800 Q1 2006 Q1 2009 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Plantation Holdings – Plantation Equestrian & Polo Club (Dubailand) 600 Q2 2007 Q4 2008 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Plantation Holdings – Plantation Equestrian & Polo Club (Dubailand) 600 Q2 2007 Q4 2008 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE Tanmiyat – Living Legends & Trade Legends (Dubailand) 2,000 Q1 2008 Q4 2013 ITB Released
Dubai Tourism Projects Development Company (DTPDC) UAE The Leader Group – Dubai Bazaar (Dubailand) 140 Q3 2008 Q2 2010 Feasibility Study
Emaar Properties UAE Emaar – Burj Dubai – Lake Hotel 200 Q3 2005 Q2 2008 Main Contract Award
Emerald Palace Group UAE Emerald Palace Group – Emerald Palace Residences & Resort 200 Q2 2007 Q4 2008 Main Contract Award
Emirates UAE Emirates – Luxury Hotel 220 Q2 2007 Q1 2010 Main Contract Award
Emirates Hotels & Resorts UAE Emirates Hotels & Resorts – Emirates Park Towers (Business Bay) 490 Q2 2007 Q4 2010 Main Contract Award
Emirates Planetarium UAE Private Investor – Emirates Planetarium (Dubailand) 190 Q4 2008 Q4 2011 Planned
Emirates Sunland Group UAE Emirates Sunland Group – Palazzo Versace Dubai Hotel (Culture Village) 700 Q2 2006 Q4 2008 Main Contract Award
ETA Star UAE ETA Star – Dubai Lifestyle City (Dubailand) 654 Q4 2008 Q3 2010 Planned
ETA Star UAE ETA Star – La Italia – Falcon City of Wonders (Dubailand) 680 Q1 2009 Q1 2011 Planned
Fakhruddin Properties UAE Fakhruddin Properties – Coral International Hotel Apartments (DSC) 95 Q4 2008 Q2 2010 Planned
Falak Properties UAE Falak Properties – (DSC) – Falak Towers (Dubailand) 140 Q4 2006 Q1 2008 Project Complete
Galadari Investment Office (GIO) UAE GIO – G-Tower (Dubailand) 250 Q1 2007 Q4 2010 Main Contract Award
Galadari Investments LLC UAE Galadari Investments – Palaces Hotel & Resort (Dubailand) 325 Q4 2008 Q3 2010 Planned
Ghantoot Star General Trading UAE Ghantoot Star General Trading – Pirates Cove Hotel & Resorts (Dubailand) 220 Q1 2008 Q2 2009 ITB Released
Government of Ras al-Khaimah UAE Ras al-Khaimah – Hilton Hotel & Spa Expansion 68 Q2 2007 Q4 2008 Main Contract Award
I & M Galadari Group UAE I&M Galadari Group – Mall of Arabia (City of Arabia) (Dubailand) 750 Q3 2007 Q2 2009 Main Contract Award
IFA Hotels & Resorts UAE IFA – Jumeirah Lake Towers 150 Q4 2006 Q4 2008 Main Contract Award
IFA Hotels & Resorts UAE IFA – Kingdom of Sheba (Palm Jumeirah) 1,000 Q4 2007 Q1 2010 Main Contract Award
International Financial Advisors KSC (IFA) UAE IFA – Palm Island New Hotels & Resort 400 Q1 2006 Q2 2008 Main Contract Award
Lokhandwala Builders UAE Lokhandwala Builders – DSC – Eden Gardens (Dubailand) 70 Q3 2008 Q1 2010 ITB Released
Makaseb Holding UAE Makaseb Holding – Quattro Hotel & Business Park (Jumeirah Village) 272 Q2 2008 Q4 2010 ITB Released
Mazrui Holding UAE TDIC/ Mazrui Holding – Lagoon Club Hotel and Residences 400 Q2 2008 Q3 2009 ITB Released
Mina al-Fajer Real Estate Company UAE Mina al-Fajer Real Estate Company – Mina al-Fajer Tourism Resort 400 Q1 2005 Q4 2009 ITB Released
Mizin UAE Mizin – Majan (Dubailand) 4,100 Q3 2007 Q4 2009 ITB Released
Mizin UAE Mizin – Remraam (Dubailand) 1,000 Q1 2008 Q4 2011 ITB Released
Muzoon Holdings UAE Muzoon Holdings – Banyan Tree Hotel 60 Q2 2008 Q4 2009 ITB Released
Nakheel Hotel & Resorts UAE Nakheel Hotel & Resorts – Boutique Hotel and Spa (The World) 60 Q1 2009 Q1 2011 Planned
Nakheel Hotel & Resorts UAE The Trump Organisation – Palm Trump Hotel & Tower 600 Q4 2007 Q4 2009 Main Contract Award
National Bonds Corporation UAE National Bonds Corporation – SkyCourts (Dubailand) 410 Q4 2007 Q2 2009 Main Contract Award
National Corporation for Tourism & Hotels UAE NCT&H – Danat Hotels & Resorts (Capital Centre) 272 Q2 2008 Q4 2010 ITB Released
National Corporation for Tourism & Hotels UAE NCT&H – Saadiyat Hotel 409 Q4 2008 Q2 2010 Planned
National Investment Corporation UAE National Investment Corporation – Fairmont Hotel & Resort 100 Q3 2008 Q3 2010 Planned
Othmani Investment UAE Othmani Investment – Palm Island Hotels 85 Q3 2008 Q4 2009 Planned
PDSI Development Group UAE RAK Properties – Jebel Jais Mountain Resort 500 Q1 2007 Q4 2010 ITB Released
Plantation Holdings UAE Plantation Holdings – Holly Bolly Hotel & Resort (Dubailand) 360 Q2 2008 Q2 2010 ITB Released
Private Developer UAE Al Futaisi Islands Resort 200 Q1 2009 Q3 2011 Planned
Private Developer UAE Private Developer – Westin Dubai Mina Seyahi Beach Resort and Spa 85 Q1 2005 Q4 2007 Project Complete
Private Property Management UAE Private Property Management – Conrad Hotel 150 Q3 2007 Q2 2010 Main Contract Award
Reef Real Estate Investment Company UAE Reef Real Estate Investment Company – Corp Executive Hotel & Office Tower (Business Bay) 95 Q1 2008 Q2 2009 Main Contract Award
Salem al-Moosa Group UAE Falcon City of Wonders – Central Park Towers 300 Q1 2008 Q4 2009 ITB Released
Salem al-Moosa Group UAE Falcon City of Wonders (Dubailand) 1,500 Q4 2006 Q1 2011 Main Contract Award
Sanali Holdings UAE Sanali Holdings – Sanali Towers (Majan) (Dubailand) 355 Q3 2008 Q4 2009 Planned
Seba Real Estate UAE Seba Real Estate – Al Bateen Hotel & Residence (Dubai Marina) 300 Q1 2007 Q1 2010 Main Contract Award
Sheikh Mohammed bin Khalid al Nahyan UAE Khalidiya Rotana Hotel & Residences 200 Q2 2006 Q1 2009 Main Contract Award
Sorouh Real Estate UAE Sorouh Real Estate – Nagfa Hotel & Mall 400 Q2 2008 Q1 2010 ITB Released
Sorouh Real Estate UAE TDIC/ Sorouh – Golf Gardens 275 Q4 2006 Q4 2008 Main Contract Award
Steuerlehrgang UAE Steuerlehrgang – Rezidor Park Inn Hotel (Dubailand) 170 Q4 2007 Q2 2009 Main Contract Award
Tasameem Group UAE Hard Rock Hotel Dubai 1,000 Q1 2009 Q4 2010 Planned
Tatweer UAE Tatweer – Bawadi (Dubailand) 54,450 Q2 2008 Q2 2016 Planned
Tatweer UAE Tatweer – Six Flags Theme Park (Dubailand) 1,500 Q4 2009 Q4 2012 Planned
Tatweer UAE Tatweer – The Tiger Woods – Dubai (Dubailand) 800 Q2 2008 Q4 2009 Planned
Tatweer UAE Tatweer – Universal City Dubailand (Dubailand) 2,200 Q1 2009 Q1 2012 Planned
Tourism Development and Investment Co (TDIC) UAE Al Fahim Group/TDIC – The Resort 250 Q2 2006 Q4 2008 Main Contract Award
Tourism Development and Investment Co (TDIC) UAE Al Farida Investment Company – Bridgeway at Zayed Sports City 163 Q1 2008 Q1 2010 Main Contract Award
Tourism Development and Investment Co (TDIC) UAE Aldar/ TDIC – Saadiyat Island – Abu Dhabi International Airport Highway 125 Q1 2007 Q4 2009 Main Contract Award
Tourism Development and Investment Co (TDIC) UAE TDIC – Abu Dhabi – Saadiyat Island Bridge 250 Q4 2006 Q2 2009 ITB Released
Tourism Development and Investment Co (TDIC) UAE TDIC – Abu Dhabi to Hodeirat Island Bridge 100 Q3 2008 Q3 2009 Planned
Tourism Development and Investment Co (TDIC) UAE TDIC – Qasr Al Sarab 140 Q3 2007 Q2 2009 Main Contract Award
Tourism Development and Investment Co (TDIC) UAE TDIC – Saadiyat Island 2,000 Q4 2006 Q4 2018 ITB Released
Tourism Development and Investment Co (TDIC) UAE TDIC – Saadiyat Island – Dredging & Reclamation 220 Q4 2006 Q1 2009 Main Contract Award
Tourism Development and Investment Co (TDIC) UAE TDIC – Sheikh Zayed National Museum (Saadiyat Island) 200 Q4 2008 Q4 2010 Planned
Tourism Development and Investment Co (TDIC) UAE TDIC/ Atlas Group – Emirates Pearl 175 Q3 2008 Q1 2010 Planned
Travco Holding UAE Travco Emirates / Tui – Miramar Resort (Fujairah) – Phase II & III 150 Q2 2008 Q4 2009 ITB Released
Union Properties UAE Union Properties – Motorcity (Dubailand) 3,000 Q4 2006 Q4 2009 Main Contract Award
United Group Holdings UAE United Holdings – Eva Hotel, Abu Dhabi 136 Q4 2008 Q3 2010 Planned
Victory Heights Golf Residential Development UAE Dubai Sports City – Victory Heights (Dubailand) 500 Q4 2007 Q4 2008 Main Contract Award
Zabeel Investments UAE Zabeel Investments – Tiara Residence and Anantara Resort 571 Q1 2006 Q3 2008 Main Contract Award