The local Saba Group unveiled on 22 November plans to build a twin-towers development at the proposed Jumeirah Lake Towers (JLT) scheme in Dubai. Estimated to be worth AED 400 million ($109 million), the project calls for the construction of two towers, each of 36 storeys, offering over 700 one-four bedroom apartments. It will also entail the construction of a four-level underground car park and related works. To be called Saba Towers 2 and 3, the project will have a gross construction area of 539,000 square feet and will take about 22 months to complete.
The twin towers project will be the second investment planned by Saba Group at JLT. In June, plans were unveiled for its first tower (MEED 22:6:03). Worth AED 170 million ($46 million), it calls for the construction of a 36-storey office high-rise, a three-level underground car park and related works. The facility, to be built over 39,075 square metres and completed by the end of 2005, will house a total of 150 offices, ranging in size from 1,300 square feet to 9,000 square feet.
Eleven companies are prequalified to submit bids by 6 December for the main package contract. The local Al-Hawraais the architect and consultant. The consultant for both projects is the UK's RMJM.
JLT, located at a site in between interchanges 4 and 5 on Sheikh Zayed highway, is a mixed-use scheme being promoted by the local Nakheel. A total of 45 towers are planned for construction over a 730,000-square-metre area.
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