Contract is for a four-star hotel and water park
Local developer Nakheel and Spanish hospitality company Riu Hotels and Resorts have appointed Lebanons Dar al-Handasah to oversee the design, engineering and construction supervision of a AED900m ($245m) project in Dubai.
The contract will see Dar al-Handasah work on a four-star hotel, which will have 800 rooms and a waterpark. The scheme will be close to the Deira mall and Deira Islands Night Souq.
Building work started on Deira Islands last year. In October, Nakheel awarded a AED1.17bn deal to the local United Engineering Construction (UNEC) for the Night Souq and Boardwalk.
The souq will stretch almost 2 kilometres along Deira Islands waterfront, and feature 5,300 shops and nearly 100 quayside cafes and restaurants.
In June 2015, Nakheel awarded Van Oord of the Netherlands a two-year AED387m contract to deliver 23.5km of coastline and breakwaters at Deira Islands.
You might also like...
Amiral cogen eyes financial close
26 April 2024
Lunate acquires 40% stake in Adnoc Oil Pipelines
26 April 2024
Saudi Arabia's Rawabi Holding raises SR1.2bn in sukuk
26 April 2024
Iraq oil project reaches 70% completion
26 April 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.