HABTOOR Leighton Group has been appointed by the Dubai International Real Estate to deliver a AED480 million ($US130 million) component of the “Jewel of the Creek†development in Port Saeed, Dubai.
HLG’s contract involves the construction and completion of the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge. The plot area is 123,955 sqm.
Package 7 forms part of the AED 3 billion “Jewel of the Creek” development. When complete it will be a multi-use development which includes four and five star hotels, furnished service apartments, a convention centre, a ballroom, office buildings, residential buildings, a marina and landscaping.
Construction works on Package #7 have already begun and completion is expected in August 2013.
PropertyReview
